Samuel I. Newhouse Foundation
/OVERVIEW: The Samuel I. Newhouse Foundation's New York City grantmaking focuses on education, health, arts and culture and more.
IP TAKE: The foundation doesn't have a website or a clear avenue for getting in touch; it does not appear to accept applications for funding.
PROFILE: The Samuel I. Newhouse Foundation was established as the Newhouse Foundation in 1947 by the the late billionaire media mogul Samuel Newhouse. Newhouse was the owner of a newspaper company, Advance Publications, which eventually purchased the magazine publishing company Conde Nast. Samuel I. Newhouse is Newhouse’s son, who became the chair of Conde Nast and steered the Newhouse foundation until his death in 2017. Newhouse and his wife, Victoria, who survives him, were avid art collectors and are said to have spent over $700 million on their collections.
Most Newhouse grants stay in the New York area. In arts and culture, grantees include New York’s landmark organizations including the Metropolitan Opera Association, the New York City Ballet, the Metropolitan Museum of Art, the New York Philharmonic and the Museum of Modern Art. The foundation also established the Wynn Newhouse Awards, which provide grants to "artists of excellence who happen to have disabilities." The Wynn Newhouse Awards are named in honor of Newhouse's son, Wynn, a multiple sclerosis sufferer who passed away.
The foundation supports education broadly in New York. Past grantees include New York University, Columbia University, the Brooklyn Academy of Music, Trinity School and the Harlem Educational Activities Fund, which aims to change "the lives of underserved young people beginning in middle school and continuing in college.”
In health, as in arts and culture, the foundation has given to some of New York’s biggest names, including New York-Presbyterian, Memorial Sloan Kettering, the Hospital for Special Surgery, the Alzheimer’s Drug Discovery Foundation and Planned Parenthood.
The Samuel I. Newhouse Foundation held more than $134 million in assets and gave away around $12.4 million in a recent year. The following year, assets dropped to $126 million and giving to about $11.9 million. The average grant size for this foundation is $10,000, but grants have been awarded in amounts up to $1 million.
This funder does not maintain a website or provide a clear avenue for getting in touch. It does not appear to accept applications for funding. An address and phone number are provided below.
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CONTACT:
Samuel I. Newhouse Foundation, Inc.
101 Park Ave., 4th Fl.
New York, NY 10178
Telephone: (212) 630-5900
Contact: Steven Markovits
