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Salomon Stern Foundation Inc. is a private corporation based in MONTVALE, NJ. The foundation received its IRS ruling in 1959. The principal officer is Samuel Stern. It holds total assets of $16.7M. Annual income is reported at $2.8M. Total assets have grown from $124K in 2011 to $14.7M in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New Jersey and New York. According to available records, Salomon Stern Foundation Inc. has made 98 grants totaling $1.4M, with a median grant of $10K. Annual giving has grown from $176K in 2020 to $490K in 2023. Grantmaking activity was highest in 2022 with $571K distributed across 38 grants. Individual grants have ranged from $5K to $179K, with an average award of $15K. The foundation has supported 53 unique organizations. The foundation primarily supports organizations in New York, New Jersey, Washington, which account for 93% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$9K
Average Grant
$9K
Largest Grant
$18K
Based on 19 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.
Salomon Stern Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 98 grants. Its grantmaking reaches organizations primarily in NY, NJ, WA.
Salomon Stern Foundation Inc. has distributed a total of $1.4M across 98 grants. The median grant size is $10K, with an average of $15K. Individual grants have ranged from $5K to $179K.
Salomon Stern Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Salomon Stern Foundation Inc. is headquartered in MONTVALE, NJ. While based in NJ, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rachel Stern | PRESIDENT | $0 | $0 | N/A |
| Samuel Stern | TREASURER | $0 | $0 | N/A |
Total Giving
$708K
Total Assets
$14.7M
Fair Market Value
$15M
Net Worth
$14.7M
Grants Paid
$689K
Contributions
$70K
Net Investment Income
$752K
Distribution Amount
$499K
Total: $175K
Total Grants
98
Total Giving
$1.4M
Average Grant
$15K
Median Grant
$10K
Unique Recipients
53
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Zichron EliyahuEDUCATION | Lakewood, NJ | $11K | 2023 |
| Continuum Care Hospice FoundationASSISTANCE FOR THE NEEDY AND DISTRESSED | Everett, WA | $179K | 2023 |
| The ChederEDUCATION | Brooklyn, NY | $56K | 2023 |
| Chabad Of KnoxvilleEDUCATION | Knoxville, TN | $51K | 2023 |
| Bais UlpanaEDUCATION | Brooklyn, NY | $25K | 2023 |
| Chemdas HatorahEDUCATION | Lakewood, NJ | $18K | 2023 |
| Congregation Forest GlenEDUCATION | Lakewood, NJ | $12K | 2023 |
| Congregation Chasdei AvosEDUCATION | Monroe, NY | $12K | 2023 |
| Relief ResourcesASSISTANCE FOR THE POOR AND DISTRESSED | Brooklyn, NY | $11K | 2023 |
| Bais Yosef Of LakewoodEDUCATION | Lakewood, NJ | $11K | 2023 |
| Hatzalah South FloridaLIFESAVING VOLUNTEER WORK | Miami, FL | $10K | 2023 |
| The ShaarJEWISH OUTREACH | Lawrence, NY | $10K | 2023 |
| Congregation Chemed MosheEDUCATION | Monsey, NY | $10K | 2023 |
| Ezra LkallahEDUCATION | Lakewood, NJ | $10K | 2023 |
| Bais Yaakov Drav MeirEDUCATION | Brooklyn, NY | $8K | 2023 |
| UraysaEDUCATION | Spring Valley, NY | $8K | 2023 |
| DmfEDUCATION | New York, NY | $7K | 2023 |
| The Ari Fuld FoundationEDUCATION | Rego Park, NY | $6K | 2023 |
| Zichron MattelRELIEF OF THE DISTRESSED AND POOR | Lakewood, NJ | $6K | 2023 |
| Mesivta Torah TemimahEDUCATION | Brooklyn, NY | $5K | 2023 |
| Mesivta Torah Temimah Of LakewoodEDUCATION | Lakewood, NJ | $5K | 2023 |
| Chabad Of NashvilleEDUCATION | Nashville, TN | $5K | 2023 |
| NesivosASSISTANCE FOR THE POOR AND DISTRESSED | Lakewood, NJ | $5K | 2023 |
| Keren Zichron MosheRELIEF FOR THE POOR AND DISTRESSED | Brooklyn, NY | $5K | 2023 |
| Freehold KollelEDUCATION | Lakewood, NJ | $5K | 2023 |
| The Center For Jewish LifeOUTREACH | Marlboro, NJ | $50K | 2022 |
| Keren HashluchimOUTREACH | Brooklyn, NY | $25K | 2022 |
| Yeshiva Darchei TorahEDUCATION | Far Rockaway, NY | $20K | 2022 |
| Stam Gemilas Chesed FundRELIEF FOR THE POOR AND DISTRESSED | Lakewood, NJ | $20K | 2022 |
| Lehava-RcttJEWISH OUTREACH | Suffern, NY | $12K | 2022 |
| Anchor MentoringMENTORING | Far Rockaway, NY | $10K | 2022 |
| Chabad Of HawaiiEDUCATION | Honolulu, HI | $8K | 2022 |