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The Claudia Hearn And Edward Stern Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2002. The principal officer is Edward Stern. It holds total assets of $152K. Annual income is reported at $34K. 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 2016 to 2023. The foundation primarily funds organizations in Connecticut and Massachusetts. According to available records, The Claudia Hearn And Edward Stern Foundation has made 43 grants totaling $174K, with a median grant of $4K. Annual giving has grown from $23K in 2020 to $40K in 2023. Grantmaking activity was highest in 2022 with $72K distributed across 18 grants. Individual grants have ranged from $1K to $10K, with an average award of $4K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Connecticut, Georgia, Massachusetts, which account for 72% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$5K
Based on 5 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.
The Claudia Hearn And Edward Stern Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in CT, GA, MA.
The Claudia Hearn And Edward Stern Foundation has distributed a total of $174K across 43 grants. The median grant size is $4K, with an average of $4K. Individual grants have ranged from $1K to $10K.
The Claudia Hearn And Edward Stern Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Claudia Hearn And Edward Stern Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bessemer Trust Company | CORPORATE TRUSTEE | N/A | $0 | N/A |
| Claudia Hearn | TRUSTEE | $0 | $0 | N/A |
| Edward Stern | TRUSTEE | $0 | $0 | N/A |
Total Giving
$42K
Total Assets
$162K
Fair Market Value
$217K
Net Worth
$162K
Grants Paid
$40K
Contributions
N/A
Net Investment Income
$15K
Distribution Amount
$11K
Total: $159K
Total Grants
43
Total Giving
$174K
Average Grant
$4K
Median Grant
$4K
Unique Recipients
18
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Carter CenterOPERATIONAL | Atlanta, GA | $10K | 2023 |
| Worcester Polytechnic InstituteOPERATIONAL | Worcester, MA | $10K | 2023 |
| Institute For The Musical ArtsOPERATIONAL | Williamsburg, MA | $5K | 2023 |
| Ball & Socket ArtsOPERATIONAL | Cheshire, CT | $3K | 2023 |
| BelcOPERATIONAL | Waco, TX | $3K | 2023 |
| Community Dining RoomOPERATIONAL | Branford, CT | $3K | 2023 |
| The Trevor ProjectOPERATIONAL | West Hollywood, CA | $2K | 2023 |
| Hole In The Wall GangOPERATIONAL | Ashford, CT | $2K | 2023 |
| Smile TrainOPERATIONAL | Washington, DC | $2K | 2023 |
| SageOPERATIONAL | New York, NY | $1K | 2023 |
| Branford Food PantyOPERATIONAL | Branford, CT | $5K | 2022 |
| Hole In The Wall Gang CampOPERATIONAL | Ashford, CT | $5K | 2022 |
| Branford Early Learning CtrOPERATIONAL | Branford, CT | $3K | 2022 |
| Stephen J Wampler FoundationOPERATIONAL | Coronado, CA | $3K | 2022 |
| Jj'S Toys For FriendsOPERATIONAL | Barrington, RI | $2K | 2022 |
| Neighborhood Music SchoolOPERATIONAL | Los Angeles, CA | $5K | 2021 |
| Branford Land TrustOPERATIONAL | Branford, CT | $1K | 2021 |
| Ynhh Covid-19 Support FundOPERATIONAL | New Haven, CT | $5K | 2020 |