Private Foundation

THE 1971 FOUNDATION INC

Based in NEW YORK, NY, THE 1971 FOUNDATION INC operates as a Private Foundation. The organization reported $73K in revenue, $14K in expenses, $15.5M in total assets for fiscal year 2024. Imperigo tracks 9 reported grants from this foundation totaling approximately $2.1M.

EIN: 474640011 NEW YORK, NY Latest filing: 2024
Total Revenue$73K
Total Expenses$14K
Total Assets$15.5M
Grants Given9
Grant Total$2.1M
Filing Years2020–2024

Sample Grants Given

BARD COLLEGE
ANNANDALEONHUDSON, NY · 2022
DESCRIPTION:WORK OF FINE ART - DRAWING BY HENRY MOORE (BRITISH 1898-1966)TWO WOMEN WINDING WOOLSIGNED AND DATED 'MOORE 42' (LOWER RIGHT)PEN AND BLACK INK, COLORED WAX CRAYONS, WATERCOLOR ON PAPER14 3/4 X 19 3/8 IN.EXECUTED IN 1942BOOK VALUE AND VALUATION METHOD:$700,000 - BASED ON APPRAISED VALUE WHEN CONTRIBUTED TO FOUNDATION (MARCH 24,2017)FAIR MARKET VALUE AND VALUATION METHOD:$1,500,000 - BASED ON FAIR MARKET VALUE APPRAISAL REPORT ISSUED DECEMBER 13,2022
$1,500,000
WINNAKEE LAND TRUST
RHINEBECK, NY · 2021
GENERAL FUND
$65,000
WINNAKEE LAND TRUST
RHINEBECK, NY · 2020
GENERAL FUND
$50,000
LAND TRUST
RHINEBECK, NY · 2019
GENERAL TAX EXEMPT PURPOSES
$125,000
MYOPIA POLO EDUCATION
IPSWICH, MA · 2019
GENERAL TAX EXEMPT PURPOSES
$10,000

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

PRESIDENT Andrew S Gundlach
TREASURER Barbara Gundlach

Officer compensation and complete director data available with membership.

Top Grant Purposes

DESCRIPTION:WORK OF FINE ART - DRAWING BY HENRY MOORE (BRITISH 1898-1966)TWO WOMEN WINDING WOOLSIGNED AND DATED 'MOORE 42' (LOWER RIGHT)PEN AND BLACK INK, COLORED WAX CRAYONS, WATERCOLOR ON PAPER14 3/4 X 19 3/8 IN.EXECUTED IN 1942BOOK VALUE AND VALUATION METHOD:$700,000 - BASED ON APPRAISED VALUE WHEN CONTRIBUTED TO FOUNDATION (MARCH 24,2017)FAIR MARKET VALUE AND VALUATION METHOD:$1,500,000 - BASED ON FAIR MARKET VALUE APPRAISAL REPORT ISSUED DECEMBER 13,2022
$1,500,000 1 grant
GENERAL FUND
$475,000 3 grants
GENERAL TAX EXEMPT PURPOSES
$147,650 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $73K $14K $15.5M
2023 $103K $18K $15.5M
2022 $24K $1.5M $15.4M
2021 $282K $188K $16.1M
2020 $-309K $299K $16.0M

Between 2020 and 2024, reported annual revenue moved from $-309K to $73K, with total assets most recently reported at $15.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MA, NY.

MANY

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for THE 1971 FOUNDATION INC

Complete financials, all 9 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

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