NARAS FOUNDATION
3030 Olympic Boulevard, Santa Monica, CA 90404 www.grammy.com

Total Revenue
$2,948,418
Total Expenses
$2,386,584
Net Assets
$0

Organizations Filed Purposes: The NARAS Foundation (The Foundation, DBA Grammy Foundation) was established by NARAS to support its educational and preservation-related charitable goals. The Foundation was incorporated in 1988 to cultivate the understanding, appreciation, and advancement of the contribution of recorded music on american culture - from the artistic and technical legends of the past to the still unimagined musical breakthroughs of the future generations of music professionals. The Foundation accomplishes this mission through programs and activities that engage the music industry and cultural community as well as the general public. The Foundation works in partnership year-round with NARAS and its regional offices to bring national attention to important issues, such as the value and impact of music and arts education, and the urgency of preserving our rich cultural heritage.

To Support educational and preservation-related charitable goals of THE NATIONAL ACADEMY OF RECORDING ARTS & SCIENCES, INC. (NARAS).

The GRAMMY Signature Schools program honors top public high school music programs that promote and preserve music education as a key part of their curriculum. The Foundation convenes a panel of experts to review applications, audio, and printed materials to select the best music programs in the country. Understanding that many schools struggle to sustain music classes, much less a full music curriculum, the Foundation introduced the Enterprise Award in 2004, specifically designed for schools with economic needs. All selected school music programs receive cash grants. Additionally schools garnering Gold level awards and higher receive a special custom award and a media worthy visit from a representative of the naras Foundation.In 2011, The GRAMMY Foundation created the GRAMMY Signature Schools Community Award. Through this program the GRAMMY Foundation identifies deserving public high school music programs to receive the award and a financial grant of $2000. Funding for the program has come from GRAMMY Foundation partners Best Buy, Brookfield Properties, the Hot Topic Foundation, Converse, Journeys, Les Paul Foundation and RBC Capital Markets. Since its inception over 500 schools have received cash rewards.

Focusing on all aspects of commercial music, GRAMMY Camp provides interactive residential and non-residential summer music industry training for high school students. The variety of career tracks offered explore the creative process and engage students in the technical aspects of performing, recording and distribution, while emphasizing new and emerging music industry trends. Residential GRAMMY Camps were held in New York and Los Angeles, while a 5-day non-residential version was held in Nashville. Music career tracks covered included Audio Engineering, Electronic Music Production, Instrumental Performance: Bass, Drums, Guitar, Keyboard, Winds & Strings, Music Business, Music Journalism, Video Production & Motion Graphics, Vocal Performance, and Songwriting. All tracks culminate in media projects, album recordings, an open house, and/or performances.In 2014-15 GRAMMY Camp Weekend was added to the Camp programs. GRAMMY Camp Weekend is a one day non-residential music industry experience where a small group (20-30) of high school students can gain an introduction to the business of music. Each weekend session concentrates on one to three career tracks (Audio Engineering, Electronic Music Production, Songwriting, Video Production or Vocal Performance). Participants leave with a better understanding of how the music business works and how they can begin to plan a successful career path. The GRAMMY Foundation partners with local teen centers, schools and community organizations who help identify and select students to attend.

The Legacy Concert is produced to heighten public awareness of the Foundation's work to protect our cultural legacy. This year's event honored the life and legacy of B.B. King. The concert featured performances from James Bolden, Joe Bonamassa, Keb' Mo', Kenny Wayne Shepherd, Slash, Quinn Sullivan, Susan Tedeschi, Derek Trucks, Jimmie Vaughan, Joe Louis Walker and ZZ Ward.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Scott GoldmanVice President20$203,175
David SearsExec Director of Education40$163,119
Kelly DarrSenior Director40$138,278
David WuDirector1$0
Nick PhillipsDIrector1$0
Heather MoosnickDirector1$0
James EstepaDIRector1$0
Ken AbdoDIREctor1$0
John PoppoDirector1$0
Elizabeth MoodyDirector1$0
Amanda MarksDirector1$0
Rachna BhasinDIREctor1$0
John HammDirector1$0
Ethiopia HabtemariamDirector1$0
Greg ChinDirector1$0
Troy CarterDirector1$0
Pamela AlexanderDirector1$0
David WebsterVICE CHAIR1$0
Michal KatzSecretary/Treasurer1$0
Geoff CottrillChair1$0
Tim BucherChair EMERITus1$0
Neil PortnowPresident/CEO20$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201830469349301928_public.xml