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Sternberg Charitable Trust is a private trust based in LAKE SUCCESS, NY. The foundation received its IRS ruling in 1995. The principal officer is % Slk Advisory Group Inc.. It holds total assets of $19.1M. Annual income is reported at $4.5M. According to available records, Sternberg Charitable Trust has made 4 grants totaling $3.4M, with a median grant of $1M. Annual giving has grown from $1.2M in 2020 to $2M in 2022. Individual grants have ranged from $109K to $1.2M, with an average award of $839K. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Sternberg Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.
Sternberg Charitable Trust has distributed a total of $3.4M across 4 grants. The median grant size is $1M, with an average of $839K. Individual grants have ranged from $109K to $1.2M.
Sternberg Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Sternberg Charitable Trust is headquartered in LAKE SUCCESS, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stuart L Sternberg | TRUSTEE | $0 | $0 | $0 |
| Lisa Sternberg | TRUSTEE | $0 | $0 | $0 |
Total Giving
$972K
Total Assets
$17.6M
Fair Market Value
$16.1M
Net Worth
$17.6M
Grants Paid
$912K
Contributions
$0
Net Investment Income
$279K
Distribution Amount
$777K
Total: $8.8M
Total Grants
4
Total Giving
$3.4M
Average Grant
$839K
Median Grant
$1M
Unique Recipients
1
Most Common Grant
$1M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Names See Attached Schedule #1THE PURPOSE OF THE CASH AND SECURITIES CONTRIBUTIONS IS TO AID EACH DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | Lake Success, NY | $1M | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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