Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
St2 Foundation Inc. is a private corporation based in SUNNY ISL BCH, FL. The foundation received its IRS ruling in 2001. The principal officer is Andrew J Shechtel. It holds total assets of $61.6M. Annual income is reported at $30.6M. Total assets have grown from $24.5M in 2010 to $61.6M in 2023. The foundation is governed by 4 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 2020 to 2023. According to available records, St2 Foundation Inc. has made 4 grants totaling $10.6M, with a median grant of $50K. Annual giving has decreased from $10.5M in 2021 to $100K in 2022. Individual grants have ranged from $36K to $10.5M, with an average award of $2.7M. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New York and New Jersey. 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.
St2 Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY, NJ.
St2 Foundation Inc. has distributed a total of $10.6M across 4 grants. The median grant size is $50K, with an average of $2.7M. Individual grants have ranged from $36K to $10.5M.
St2 Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
St2 Foundation Inc. is headquartered in SUNNY ISL BCH, FL. While based in FL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Raquel Shechtel | Trustee | $0 | $0 | N/A |
| Andrew J Shechtel | Trustee | $0 | $0 | N/A |
| Martin J Deitchman | Trustee | $0 | $0 | N/A |
| Sasttuf Holdings Llc | Member | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$61.6M
Fair Market Value
N/A
Net Worth
$61.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$10.6M
Average Grant
$2.7M
Median Grant
$50K
Unique Recipients
3
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jfcs Of Greater Mercer CountyFor the general fund of the charity. | Princeton, NJ | $50K | 2022 |
| Jewish Communal Fund DafFor the general fund of the charity | New York, NY | $10.5M | 2021 |
| Chabad Lubavitch Mercer CountyFor the general fund of the charity | Princeton, NJ | $36K | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL