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Jerome L Stern Family Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1945. It holds total assets of $5.6M. Annual income is reported at $2.2M. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. Grantmaking is concentrated in New York. According to available records, Jerome L Stern Family Foundation Inc. has made 259 grants totaling $2.4M, with a median grant of $5K. Annual giving has grown from $568K in 2021 to $1.2M in 2023. Individual grants have ranged from $100 to $100K, with an average award of $9K. The foundation has supported 106 unique organizations. The foundation primarily supports organizations in New York, Florida, District of Columbia, which account for 85% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$4K
Average Grant
$9K
Largest Grant
$68K
Based on 65 grants from the most recent 990-PF filing.
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.
Jerome L Stern Family Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 259 grants. Its grantmaking reaches organizations primarily in NY, FL, DC.
Jerome L Stern Family Foundation Inc. has distributed a total of $2.4M across 259 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $100 to $100K.
Jerome L Stern Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Jerome L Stern Family Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ronald A Stern | TREASUROR/DIRECTOR | $0 | $0 | N/A |
| Ellen L Stern | DIRECTOR | $0 | $0 | N/A |
| Geoffrey S Stern | PRESIDENT/DIRECTOR. | $0 | $0 | N/A |
Total Giving
$1.2M
Total Assets
$5.7M
Fair Market Value
$12.6M
Net Worth
$5.7M
Grants Paid
$827K
Contributions
N/A
Net Investment Income
$1.3M
Distribution Amount
$553K
Total Grants
259
Total Giving
$2.4M
Average Grant
$9K
Median Grant
$5K
Unique Recipients
106
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Friends Of Bar-Ilan UniversityEDUCATIONAL | New York, NY | $100K | 2023 |
| Ohr Torah StoneRELIGIOUS | New York, NY | $50K | 2023 |
| Hadar InstituteEDUCATIONAL | New York, NY | $30K | 2023 |
| American Friends Of The IpoARTS | New York, NY | $25K | 2023 |
| American Israel Education FoundationEDUCATIONAL | Washington, DC | $25K | 2023 |
| New Museum Of Contemporary ArtEDUCATIONAL | New York, NY | $25K | 2023 |
| The Hampton SynagogueRELIGIOUS | Westhampton Beach, NY | $25K | 2023 |
| Israel Tennis & Education CentersEDUCATIONAL | Deerfield Beach, FL | $25K | 2023 |
| Yad YisroelRELIGIOUS/HERITAGE | Brooklyn, NY | $20K | 2023 |
| American Friends Of The Israel MuseumEDUCATIONAL | New York, NY | $17K | 2023 |
| Pef Israel Endowment Funds IncEDUCATIONAL | New York, NY | $16K | 2023 |
| Congregation Kehilath JeshurunRELIGIOUS | New York, NY | $13K | 2023 |
| The Abraham Joshua Heschel SchoolEDUCATIONAL | New York, NY | $13K | 2023 |
| American Friends Of Batsheva Dance CompanyARTS | New York, NY | $10K | 2023 |
| Washington Institute For Near East PolicyPRO-ISREAL GROUP | Washington, DC | $10K | 2023 |
| Good Counsel Services IncEDUCATION | New York, NY | $10K | 2023 |
| Congregation Zichrone BinyaminRELIGIOUS | Lakewoood, NJ | $10K | 2023 |
| LabshulEDUCATIONAL | New York, NY | $10K | 2023 |
| The Ross SchoolEDUCATION | East Hampton, NY | $10K | 2023 |
| Norton Museum Of ArtART | West Palm Beach, FL | $10K | 2023 |
| Nyu Langone Health OfficeMEDICAL | New York, NY | $10K | 2023 |
| Palm Beach SynagogueSYNAGOGUE | Palm Beach, FL | $10K | 2023 |
| Jewish Renaissance CenterEDUCATIONAL | New York, NY | $10K | 2023 |
| Penland School Of CraftEDUCATION | Penland, NC | $8K | 2023 |
| Storm King Art CenterART | Mountainville, NY | $8K | 2023 |