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Also known as: FOUNDATION
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Thomas D And Denise R Stern Family Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2001. The principal officer is Anchin Block. It holds total assets of $10.8M. Annual income is reported at $8.7M. Total assets have grown from $5.4M in 2011 to $9.3M in 2023. The foundation is governed by 2 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 New York, Massachusetts and New Hampshire. According to available records, Thomas D And Denise R Stern Family Foundation has made 39 grants totaling $5.2M, with a median grant of $25K. Annual giving has grown from $828K in 2021 to $1.5M in 2023. Grantmaking activity was highest in 2022 with $2.8M distributed across 22 grants. Individual grants have ranged from $3K to $1M, with an average award of $133K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in New York, Washington, New Hampshire, which account for 74% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$25K
Average Grant
$125K
Largest Grant
$1M
Based on 14 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.
Thomas D And Denise R Stern Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in NY, WA, NH.
Thomas D And Denise R Stern Family Foundation has distributed a total of $5.2M across 39 grants. The median grant size is $25K, with an average of $133K. Individual grants have ranged from $3K to $1M.
Thomas D And Denise R Stern Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Thomas D And Denise R Stern Family Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas D Stern | TRUSTEE | $0 | $0 | N/A |
| Denise R Stern | TRUSTEE | $0 | $0 | N/A |
Total Giving
$1.7M
Total Assets
$9.3M
Fair Market Value
$16.1M
Net Worth
$9.3M
Grants Paid
$1.5M
Contributions
$750
Net Investment Income
$533K
Distribution Amount
$740K
Total Grants
39
Total Giving
$5.2M
Average Grant
$133K
Median Grant
$25K
Unique Recipients
17
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Birthright Israel FoundationCHARITABLE | New York, NY | $1M | 2023 |
| Brothers For LifeCHARITABLE | Seattle, WA | $400K | 2023 |
| Greater Miami Jewish FederationCHARITABLE | Miami, FL | $50K | 2023 |
| Chabad At DartmouthCHARITABLE | Hanover, NH | $30K | 2023 |
| Community Security ServiceCHARITABLE | New York, NY | $25K | 2023 |
| Friends Of United Hatzalah Of IsraelCHARITABLE | New York, NY | $25K | 2023 |
| Stacy Joy Goodman Memorial FundCHARITABLE | Miami, FL | $5K | 2023 |
| Rockefeller UniversityCHARITABLE | New York, NY | $50K | 2022 |
| University Of PennsylvaniaCHARITABLE | Chappaqua, NY | $25K | 2022 |
| American Friends Of IscdCHARITABLE | Northfield, IL | $10K | 2022 |
| American Jewish CommitteeCHARITABLE | New York, NY | $10K | 2022 |
| Youth Renewal FundCHARITABLE | New York, NY | $5K | 2022 |
| Friends Of The Israel Defense ForcesCHARITABLE | New York, NY | $200K | 2021 |
| Team Impact IncCHARITABLE | Quincy, MA | $25K | 2021 |
| The Washington Institute For Near East PolicyCHARITABLE | Washington, DC | $10K | 2021 |
| Harold Grinspoon FoundationCHARITABLE | Agawam, MA | $10K | 2021 |
| Lawyers For Children IncCHARITABLE | New York, NY | $3K | 2021 |