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Steven & Bonnie Stern Foundation Inc. is a private corporation based in PALM BEACH, FL. The foundation received its IRS ruling in 1956. It holds total assets of $5.5M. Annual income is reported at $2M. Total assets have decreased from $7.3M in 2010 to $5.6M 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 2020 to 2024. The foundation primarily funds organizations in New York and Florida. According to available records, Steven & Bonnie Stern Foundation Inc. has made 180 grants totaling $2.6M, with a median grant of $5K. Annual giving has decreased from $506K in 2020 to $375K in 2024. Grantmaking activity was highest in 2022 with $768K distributed across 54 grants. Individual grants have ranged from N/A to $263K, with an average award of $15K. The foundation has supported 86 unique organizations. The foundation primarily supports organizations in New York, Florida, Virginia, which account for 78% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$10K
Average Grant
$14K
Largest Grant
$65K
Based on 27 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.
Steven & Bonnie Stern Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 180 grants. Its grantmaking reaches organizations primarily in NY, FL, VA.
Steven & Bonnie Stern Foundation Inc. has distributed a total of $2.6M across 180 grants. The median grant size is $5K, with an average of $15K. Individual grants have ranged from N/A to $263K.
Steven & Bonnie Stern Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Steven & Bonnie Stern Foundation Inc. is headquartered in PALM BEACH, FL. While based in FL, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bonnie Stern | TREASURER | $0 | $0 | N/A |
| Steven E Stern | DIRECTOR/PRESIDENT/SECRETARY | $0 | $0 | N/A |
Total Giving
$501K
Total Assets
$5.6M
Fair Market Value
$6.1M
Net Worth
$5.6M
Grants Paid
$375K
Contributions
N/A
Net Investment Income
$365K
Distribution Amount
$284K
Total: $3.9M
Total Grants
180
Total Giving
$2.6M
Average Grant
$15K
Median Grant
$5K
Unique Recipients
86
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Friends Of IdfCHARITABLE DONATION | New York, NY | $263K | 2024 |
| Palm Beach Orthodox SynagogueCHARITABLE DONATION | West Palm Beach, FL | $40K | 2024 |
| One For IsraelCHARITABLE DONATION | Grapevine, TX | $25K | 2024 |
| Ajc Global Jewish AdvocacyCHARITABLE DONATION | New York, NY | $16K | 2024 |
| Morselife FoundationCHARITABLE DONATION | West Palm Beach, FL | $10K | 2024 |
| Palm Beach Jewish FederationCHARITABLE DONATION | West Palm Beach, FL | $6K | 2024 |
| Ducks UnlimitedCHARITABLE DONATION | Memphis, TN | $5K | 2024 |
| American Friends Of Atlas Kinder FoundationCHARITABLE DONATION | New York, NY | $3K | 2024 |
| Wellington Jewish CenterCHARITABLE DONATION | Wellington, FL | $3K | 2024 |
| United Way Of Palm Beach CountyCHARITABLE DONATION | West Palm Beach, FL | $2K | 2024 |
| Palm Beach Country Club FoundationCHARITABLE DONATION | Palm Beach, FL | $2K | 2024 |
| Tulane UniversityCHARITABLE DONATION | New Orleans, LA | $2K | 2024 |
| Chabad Of StoweCHARITABLE DONATION | Waterbury Center, VT | $500 | 2024 |
| American Friends Of The Israel MuseumCHARITABLE DONATION | New York, NY | $68K | 2023 |
| American Friends Of IdcCHARITABLE DONATION | New York, NY | $56K | 2023 |
| Mount Sinai HospitalCHARITBALE DONATION | New York, NY | $50K | 2023 |
| Congretional Of Orach ChaimCHARITABLE DONATION | Brooklyn, NY | $30K | 2023 |
| Meyer AcademyCHARITABLE DONATION | Palm Beach Gardens, FL | $25K | 2023 |
| Tzohar Israel FoundationCHARITABLE DONATION | Woodmere, NY | $25K | 2023 |
| Friends Of AsorCHARITABLE DONATION | Alexandria, VA | $25K | 2023 |
| Palestinian Media WatchCHARITABLE DONATION | Cedarhurst, NY | $15K | 2023 |
| The Kravis CenterCHARITABLE DONATION | West Palm Beach, FL | $14K | 2023 |
| New York Presbyterian HospitalCHARITABLE DONATION | New York, NY | $10K | 2023 |
| Project AseretCHARITABLE DONATION | Forest Hills, NY | $10K | 2023 |
| Birthright Israel FoundationCHARITABLE DONATION | New York, NY | $10K | 2023 |
| Horace Mann SchoolCHARITABLE DONATION | Bronx, NY | $5K | 2023 |
| Central Fund Of Israel - ChiberimCHARITABLE DONATION | New York, NY | $5K | 2023 |
| Bruce And Marsha Moskowitz FoundationCHARITABLE DONATION | West Palm Beach, FL | $5K | 2023 |
| Citizens For National SecurityCHARITABLE DONATION | Lake Worth, FL | $3K | 2023 |
| Norton Museum Of ArtCHARITABLE DONATION | West Palm Beach, FL | $3K | 2023 |
| Miami City BalletCHARITABLE DONATION | Miami Beach, FL | $3K | 2023 |
| Alzheimer'S Foundation Of AmericaCHARITABLE DONATION | New York, NY | $2K | 2023 |
| Palm Beach County Food BankCHARITABLE DONATION | Lake Worth, FL | $1K | 2023 |
| Kind KitchenCHARITABLE DONATION | North Palm Beach, FL | $1K | 2023 |
| Ice Hockey In HarlemCHARITABLE DONATION | New York, NY | $250 | 2023 |