The Achelis and Bodman Foundation is a nonprofit grantmaking organization that supports arts and educational programs mostly in New York City, along with supporting charter schools and various center-right advocacy organizations. The foundation was formed by the merger of the Steven B. Achelis Foundation (founded in 1940) and the Bodman Foundation (founded in 1945). 1 The two organizations had been managed together for years, but formally merged in 2015 to increase efficiency. 2
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The Achelis and Bodman Foundation distributes about $5,000,000 per year in grants to six “program areas.”
In 2018, the Achelis and Bodman Foundation gave 28 grants totaling $1,345,000 (24% of grant funding for the year)4 to high schools, universities, theaters, and special education groups, including Fordham University, Heterodox Academy, and the Network for Teaching Entrepreneurship. The size of individual grants ranged from $15,000 to $100,000. 5
The Foundation has argued that major-city traditional public school districts have failed in their efforts to produce good education outcomes for poorer children, and therefore the Foundation supports private alternatives, including charter schools, voucher programs, and scholarships for parochial schools. 6
In 2018, the Achelis and Bodman Foundation gave 20 grants totaling $1,255,000 (22% of grant funding for the year)4 to think tanks, universities, media groups, and activist groups, including the American Enterprise Institute, the Jamestown Foundation, and the Treatment Advocacy Center. The size of individual grants ranged from $25,000 to $200,000. 5
The Foundation explicitly states an ideological orientation: “in all areas, the Foundation’s grantmaking is guided by a belief in the merits of economic and political liberty, free enterprise, and personal responsibility.” 6
In 2018, the Achelis and Bodman Foundation gave 33 grants totaling $1,250,000 (22% of grant funding for the year)4 to artistic and cultural institutions, including the American Ballet Theater, the Historic Landmarks Preservation Society, and the Metropolitan Museum of Art. The size of individual grants ranged from $15,000 to $100,000. 5
In 2018, the Achelis and Bodman Foundation gave 14 grants totaling $549,000 (10% of grant funding for the year)4 to community health services and basic research, including the Cancer Support Community of New Jersey, Helen Keller Services for the Blind, and Rockefeller University. The size of individual grants ranged from $1,000 to $250,000. 5
In 2018, the Achelis and Bodman Foundation gave 18 grants totaling $515,000 (9% of grant funding for the year)4 to educational and extra-curricular support for children and youth-risk prevention programs, including the Appalachian Mountain Club, the Madison Square Boys and Girls Club, and the Police Athletic League. The size of individual grants ranged from $20,000 to $50,000. 5
In 2018, the Achelis and Bodman Foundation gave 9 grants totaling $410,000 (7% of grant funding for the year)4 to job training programs and entrepreneurial support organizations, including JobsFirstNYC, Rising Tide Capital, and the Grace Institute. The size of individual grants ranged from $25,000 to $50,000. 5
In addition to its six targeted program areas, the Achelis and Bodman Foundation also provides grants to miscellaneous organizations. In 2018, the Foundation gave 16 grants totaling $305,000 (6% of grant funding for the year)4 to these other organizations, including Citymeals-on-Wheels, the Goddard Riverside Community Center, and St. John’s Bread and Life. The size of individual grants ranged from $10,000 to $25,000. 5
While the Achelis and Bodman Foundation primarily supports non-ideological organizations, it contributes significant funds to right-of-center organizations as well. Among other center-right groups, in 2018 the Foundation provided grants to:
| Employee | Title | Total Compensation |
|---|---|---|
| John B Krieger | EXECUTIVE DIRECTOR/SECRETARY | $372,000 |
| Vicki Puluso | GRANTS MANAGER | $61,772 |
| Russell P Pennoyer | PRESIDENT/TRUSTEE | $30,000 |
All-time grants given statistics from Candid dataset:
Selection of highest value grants given from the last seven years: