Shubert Foundation

The Sam S. Shubert Foundation is private foundation founded in 1945 by Jacob J. Shubert and Lee Shubert in honor of their younger brother Sam S. Shubert. It owns the The Shubert Organization. It currently owns and operates 23 theaters, including 17 Broadway venues. It is America's largest funder of not-for-profit theaters, dance companies, etc. It hosts the annual Shubert Foundation High School Theatre Festival for New York City Public Schools. Diana Phillips is the president of the organization. This year, the foundation announced $40 million in annual grants. As of 2023, the foundation has approximately $670 million in assets.