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Ernest E Stempel Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1995. The principal officer is % Eisenberg & Blau Cpas Pc. It holds total assets of $23.9M. Annual income is reported at $7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ernest E Stempel Foundation has made 61 grants totaling $4.2M, with a median grant of $36K. The foundation has distributed between $1.2M and $1.5M annually from 2020 to 2022. Grantmaking activity was highest in 2021 with $1.5M distributed across 19 grants. Individual grants have ranged from $10K to $561K, with an average award of $69K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in Delaware, Ohio, Rhode Island, which account for 43% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Ernest E Stempel Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 61 grants. Its grantmaking reaches organizations primarily in DE, OH, RI.
Ernest E Stempel Foundation has distributed a total of $4.2M across 61 grants. The median grant size is $36K, with an average of $69K. Individual grants have ranged from $10K to $561K.
Ernest E Stempel Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ernest E Stempel Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Calvin B Stempel | TRUSTEE | $0 | $0 | $0 |
| Diana S Bergquist | TRUSTEE | $0 | $0 | $0 |
| Neil F Stempel | TRUSTEE | $0 | $0 | $0 |
Total Giving
$1.6M
Total Assets
$24M
Fair Market Value
$31.1M
Net Worth
$24M
Grants Paid
$1.4M
Contributions
$0
Net Investment Income
$1M
Distribution Amount
$1.4M
Total: $17.2M
Total Grants
61
Total Giving
$4.2M
Average Grant
$69K
Median Grant
$36K
Unique Recipients
24
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Friends Of Bermuda CommunityGENERAL | — | $505K | 2022 |
| American Friends Of The National Museum Of BermudaGENERAL | — | $110K | 2022 |
| Ursuline AcademyGENERAL | Cincinnati, OH | $100K | 2022 |
| Serviam Girls AcademyGENERAL | New Castle, DE | $95K | 2022 |
| Bermuda Zoological SocietyGENERAL | Hamilton | $90K | 2022 |
| 2018 | 990PF | View |
| Saltus Grammar SchoolGENERAL |
| Pembroke |
| $86K |
| 2022 |
| Bryant UniversityGENERAL | Smithfield, RI | $65K | 2022 |
| International Rescue CommitteeGENERAL | Albert Lea, MN | $50K | 2022 |
| World Central KitchenGENERAL | Washington, DC | $50K | 2022 |
| The Nature ConservancyGENERAL | Arlington, VA | $45K | 2022 |
| Nativity Prep SchoolGENERAL | Wilmington, DE | $40K | 2022 |
| Butterfield Ffc Bermuda High School For GirlsGENERAL | Pembroke | $36K | 2022 |
| Stowe Land TrustGENERAL | Stowe, VT | $30K | 2022 |
| Bermuda Institute Of Ocean SciencesGENERAL | St Georges Ge | $25K | 2022 |
| Fordham University Law SchoolGENERAL | New York, NY | $25K | 2022 |
| Florida International UniversityGENERAL | Miami, FL | $25K | 2022 |
| Chesapeake Bay FdnGENERAL | Virginia Beach, VA | $20K | 2022 |
| The Clarence Fraim Senior CenterGENERAL | Wilmington, DE | $15K | 2022 |
| Children & Families FirstGENERAL | Wilmington, DE | $15K | 2022 |
| Catholic Diocese Of WilmingtonGENERAL | Wilmington, DE | $15K | 2022 |
| Candlelighters Childhood Cancer FoundationGENERAL | Wilmington, DE | $10K | 2022 |
| Tatnall SchoolGENERAL | Wilmington, DE | $90K | 2021 |
| Roger Williams UniversityGENERAL | Bristol, RI | $30K | 2020 |
| Mass For The Homeless IncGENERAL | Wilmington, DE | $10K | 2020 |
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