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Stern Family Charitable Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2017. The principal officer is % Mark A Stern. It holds total assets of $2.2M. Annual income is reported at $1.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Stern Family Charitable Foundation has made 40 grants totaling $1.6M, with a median grant of $40K. Annual giving has grown from $380K in 2020 to $830K in 2022. Individual grants have ranged from $25K to $50K, with an average award of $40K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Stern Family Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in NY.
Stern Family Charitable Foundation has distributed a total of $1.6M across 40 grants. The median grant size is $40K, with an average of $40K. Individual grants have ranged from $25K to $50K.
Stern Family Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Stern Family Charitable Foundation is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Benjamin Stern | VP, TREASURER & DIRECTOR | $0 | $0 | $0 |
| Daniel Stern | VP, SECRETARY & DIRECTOR | $0 | $0 | $0 |
| Mark A Stern | PRESIDENT & DIRECTOR | $0 | $0 | $0 |
Total Giving
$404K
Total Assets
$1.6M
Fair Market Value
$1.9M
Net Worth
$1.6M
Grants Paid
$390K
Contributions
$506K
Net Investment Income
$180K
Distribution Amount
$90K
Total: $0
Total Grants
40
Total Giving
$1.6M
Average Grant
$40K
Median Grant
$40K
Unique Recipients
11
Most Common Grant
$40K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sanctuary For FamiliesUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | New York, NY | $50K | 2022 |
| New Alternatives For Children IncUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | New York, NY | $50K | 2022 |
| Association To Benefit ChildrenUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | New York, NY | $50K | 2022 |
| Room To GrowUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | New York, NY | $40K | 2022 |
| Reaching Out Community Services IncUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| 2018 | 990PF | View |
| Brooklyn, NY |
| $40K |
| 2022 |
| Fund For The City Of New YorkUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | New York, NY | $40K | 2022 |
| Neighbors Together CorpUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | Brooklyn, NY | $40K | 2022 |
| Ace Programs For The HomelessUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | Long Island City, NY | $35K | 2022 |
| Jeremiah ProgramUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | Brooklyn, NY | $35K | 2022 |
| The Children'S Aid SocietyUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | New York, NY | $35K | 2022 |
| Gregory Jackson CenterUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | Brooklyn, NY | $25K | 2020 |
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