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Max Stenbeck Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2020. The principal officer is % Skadden Arps Et Al. It holds total assets of $14.4M. Annual income is reported at $3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Max Stenbeck Foundation has made 3 grants totaling $25.4M, with a median grant of $250K. Annual giving has decreased from $25M in 2021 to $400K in 2023. Individual grants have ranged from $150K to $25M, with an average award of $8.5M. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in California and New York. Contributions to this foundation are tax-deductible.
Max Stenbeck Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CA, NY.
Max Stenbeck Foundation has distributed a total of $25.4M across 3 grants. The median grant size is $250K, with an average of $8.5M. Individual grants have ranged from $150K to $25M.
Max Stenbeck Foundation typically selects its grantees rather than accepting unsolicited proposals.
Max Stenbeck Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Henry Guy | DIRECTOR | $0 | $0 | $0 |
| Cristina Stenbeck | PRESIDENT/TREASURER/SECRETARY/DIRECTOR | $0 | $0 | $0 |
Total Giving
$442K
Total Assets
$12.9M
Fair Market Value
$11.6M
Net Worth
$12.9M
Grants Paid
$400K
Contributions
$10.1M
Net Investment Income
$159K
Distribution Amount
$526K
Total: $10.3M
Total Grants
3
Total Giving
$25.4M
Average Grant
$8.5M
Median Grant
$250K
Unique Recipients
3
Most Common Grant
$150K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Girl Effect IncGENERAL | New York, NY | $250K | 2023 |
| Pennys Flight Foundation IncGENERAL | Glen Cove, NY | $150K | 2023 |
| Beyond Type 1PROGRAM SUPPORT | San Carlos, CA | $25M | 2021 |
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