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Also known as: FOUNDATION
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Aaron And Betty Lee Stern Foundation is a private trust based in GREENWICH, CT. The foundation received its IRS ruling in 2010. It holds total assets of $3M. Annual income is reported at $3.3M. Total assets have grown from $1.7M in 2011 to $3.5M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. According to available records, Aaron And Betty Lee Stern Foundation has made 13 grants totaling $1.6M, with a median grant of $25K. Annual giving has decreased from $1M in 2020 to $560K in 2022. Individual grants have ranged from $5K to $1M, with an average award of $120K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in New York, Nebraska, Pennsylvania, which account for 77% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Aaron And Betty Lee Stern Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in NY, NE, PA.
Aaron And Betty Lee Stern Foundation has distributed a total of $1.6M across 13 grants. The median grant size is $25K, with an average of $120K. Individual grants have ranged from $5K to $1M.
Aaron And Betty Lee Stern Foundation typically selects its grantees rather than accepting unsolicited proposals.
Aaron And Betty Lee Stern Foundation is headquartered in GREENWICH, CT. While based in CT, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Betty Lee Stern | TRUSTEE | $0 | $0 | N/A |
| Lauren Rosenkranz | TRUSTEE | $0 | $0 | N/A |
| Jennifer Klein | TRUSTEE | $0 | $0 | N/A |
Total Giving
$558K
Total Assets
$3.5M
Fair Market Value
$6M
Net Worth
$3.5M
Grants Paid
$540K
Contributions
N/A
Net Investment Income
$80K
Distribution Amount
$280K
Total: $2.8M
Total Grants
13
Total Giving
$1.6M
Average Grant
$120K
Median Grant
$25K
Unique Recipients
13
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brown UniversitySUPPORT OF THE ORGANIZATION'S MISSION | Providence, RI | $25K | 2022 |
| Columbia UniversitySUPPORT OF THE ORGANIZATION'S MISSION | New York, NY | $1M | 2020 |
| David Lynch FoundationSUPPORT OF THE ORGANIZATION'S MISSION | New York, NY | $150K | 2022 |
| Weil Cornell Medical CSUPPORT OF THE ORGANIZATION'S MISSION | New York, NY | $125K | 2022 |
| University Of Nebraska FoundationSUPPORT OF THE ORGANIZATION'S MISSION | Lincoln, NE | $90K | 2022 |
| University Of PennsylvaniaSUPPORT OF THE ORGANIZATION'S MISSION | Philadelphia, PA | $70K | 2022 |
| Uja Federation Of New YorkSUPPORT OF THE ORGANIZATION'S MISSION | New York, NY | $35K | 2022 |
| The Public TheaterSUPPORT OF THE ORGANIZATION'S MISSION | New York, NY | $25K | 2022 |
| Whitney Museum Of American ArtSUPPORT OF THE ORGANIZATION'S MISSION | New York, NY | $15K | 2022 |
| Squash HavenSUPPORT OF THE ORGANIZATION'S MISSION | New Haven, CT | $10K | 2022 |
| Robin Hood FoundationSUPPORT OF THE ORGANIZATION'S MISSION | New York, NY | $5K | 2022 |
| Contributions Less Than 5000SUPPORT OF THE ORGANIZATION'S MISSION | New York, NY | $5K | 2022 |
| Greenwich Special OlympicsSUPPORT OF THE ORGANIZATION'S MISSION | Hamden, CT | $5K | 2022 |