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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. Total assets have grown from $1M in 2019 to $2.2M in 2024. The foundation is governed by 3 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 2018 to 2024. Grantmaking is concentrated in New York. 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.
Smallest Grant
$25K
Median Grant
$40K
Average Grant
$40K
Largest Grant
$50K
Based on 10 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.
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 | N/A |
| Daniel Stern | VP, SECRETARY & DIRECTOR | $0 | $0 | N/A |
| Mark A Stern | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.2M
Fair Market Value
N/A
Net Worth
$2.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
|---|---|---|---|
| Association To Benefit ChildrenUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | New York, NY | $50K | 2022 |
| 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 |
| Neighbors Together CorpUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | Brooklyn, NY | $40K | 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 | Brooklyn, NY | $40K | 2022 |
| Fund For The City Of New YorkUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | New York, NY | $40K | 2022 |
| The Children'S Aid SocietyUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | New York, NY | $35K | 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 |
| Gregory Jackson CenterUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | Brooklyn, NY | $25K | 2020 |