Pier55 Inc

Overview

Pier55 Inc, operating as Little Island, is a 501(c)(3) nonprofit organization based in New York City. It was established by media mogul Barry Diller and his wife, fashion designer Diane von Furstenberg, primarily to maintain and enhance the public park and performance space on Pier 55 in the Hudson River.

Purpose

The organization focuses on providing a unique blend of nature and art, offering educational programming and engaging the local community through various initiatives. Little Island serves as a public park featuring lush gardens, wandering paths, and a 700-seat amphitheater for artistic events and performances.

Structure

Pier55 Inc functions as an independent foundation responsible for managing the park's artistic programming. It collaborates with notable figures in the arts industry to oversee performance venues at the park.

Financials

Pier55 Inc is heavily supported by contributions and asset sales. In past years, it has reported substantial financial activities, including charitable disbursements and significant assets under management.

History

The project began with a major donation from Barry Diller and Diane von Furstenberg, amounting to over $113 million, making it the largest private donation to a public park in New York City history. The Hudson River park, designed by Heatherwick Studio, was built to enhance the city's waterfront, replacing the original Pier 54 and offering a unique public space that combines art and nature.

Key Figures

• Barry Diller: Chair and President
• Patricia Santini: Executive Director

Features

• Amphitheater: A 700-seat venue for performances and events.
• Gardens and Paths: The park features lush gardens and winding paths for public access.
• Artistic Programming: Offers various art events and educational programs.

[1] https://projects.propublica.org/nonprofits/organizations/462703610 [2] https://fconline.foundationcenter.org/fdo-grantmaker-profile/?key=PIER088 [3] https://www.businessinsider.com/hudson-rivers-130-million-floating-park-2014-11 [4] https://www.guidestar.org/profile/46-2703610 [5] https://littleisland.org/terms/