Shubert Foundation

Shubert Foundation
Sam S. Shubert Foundation
Named afterSam S. Shubert
Formation1945; 80 years ago (1945)
FoundersLee Shubert & Jacob J. Shubert
Founded atNew York City
TypePrivate
Legal statusFoundation
Chairman
Robert E. Wankel
President
Diana Phillips
Publication
The Passing Show
SubsidiariesThe Shubert Organization
Websitewww.shubertfoundation.org

The Sam S. Shubert Foundation is an American private foundation founded in 1945 by Jacob J. Shubert and Lee Shubert in honor of their brother Sam S. Shubert (1878–1905).[1]

Description

The Shubert Foundation owns The Shubert Organization.[2] It currently owns and operates 23 theaters, including 17 Broadway venues.[3] It is America's largest funder of not-for-profit theaters, dance companies, and similar.[4][5] It hosts the annual Shubert Foundation High School Theatre Festival for New York City Public Schools.[6] Diana Phillips is the president of the organization.[7] In June 2024, the foundation announced $40 million in annual grants.[8] As of 2023, the foundation had approximately $670 million in assets.[9]

References

  1. ^ Schumach, Murray (1972-07-11). "Shubert No Longer a Family Affair". The New York Times. ISSN 0362-4331. Retrieved 2024-06-30.
  2. ^ Schumach, Murray (1972-12-11). "Shubert Empire Fights a Financial Crisis". The New York Times. ISSN 0362-4331. Retrieved 2024-06-30.
  3. ^ Tremayne-Pengelly, Alexandra (2023-07-19). "Broadway Powerhouse Shubert Foundation Gives Out Nearly $40m in Grants". Observer. Retrieved 2024-06-30.
  4. ^ Kleinfield, N. R. (1994-07-10). "How a Shubert Fund Produces and Directs". The New York Times. ISSN 0362-4331. Retrieved 2024-06-30.
  5. ^ Kleinfield, N. R. (1994-07-11). "I.R.S. Ruling Wrote Script For the Shubert Tax Break". The New York Times. ISSN 0362-4331. Retrieved 2024-06-30.
  6. ^ "Students Make Their Broadway Debut". The Wall Street Journal. March 7, 2016. Retrieved June 30, 2024.
  7. ^ Evans, Greg (2022-06-22). "Shubert Foundation Awards Record $37.6M In Grants To Non-Profit Arts, $2M For HBCU Scholarships". Deadline. Retrieved 2024-06-30.
  8. ^ Gans, Andrew (June 10, 2024). "Shubert Foundation Announces Record-Breaking $40 Million in Annual Grants". Playbill. Retrieved June 30, 2024.
  9. ^ Andrea Suozzo, Alec Glassford, Ash Ngu, Brandon Roberts (2013-05-09). "Shubert Foundation Inc - Nonprofit Explorer". ProPublica. Retrieved 2024-06-30.{{cite web}}: CS1 maint: multiple names: authors list (link)

Further reading


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