The Robert Lehman Foundation is an independent non-profit foundation based in New York, NY. Established in 1943, the trust was incorporated to serve as a vehicle for its Founder's benefactions in the field of the visual arts. Grants are made on an individual basis to museums, arts organizations, educational institutions and other cultural organizations with the goal of enhancing the role of the visual arts within American and world culture. The board of directors is responsible for the administration and governance of the foundation.The Robert Lehman Foundation's investment portfolio is valued at over $54.58 million, with investments in domestic and international equity, fixed income, cash, and private equity.