The Steinberg Family Fund Inc
- Assets
- $8.3m
- Revenue
- $169.9k
- Investments
- $8.1m
- Employees
- 0
- Location
- Jericho, NY
- Founding
- 12/1985
- Data as of
- 11/2023
- EIN
- 13-3254493
Organization Overview
The Steinberg Family Fund Inc is located in Jericho, NY. The organization was established in 1985. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steinberg Family Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2023, Steinberg Family Fund Inc generated $169.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $430.7k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Steinberg Family Fund Inc has awarded 264 individual grants totaling $3,062,765. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Steinberg President | 5 | $0 | |
Suzanne Steinberg V.P. & Treas | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,241 |
| Dividends & Interest | $193,870 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$54,893 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,661 |
| Total Revenue | $169,879 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,067 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,081 |
| Total operating and administrative expenses | $14,648 |
| Contributions, gifts, grants paid | $416,050 |
| Total expenses and disbursements | $430,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $518 |
| Savings and temporary cash investments | $222,794 |
| Net Accounts receivable | $630 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,416,305 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,345,571 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Steinberg Family Fund Inc has awarded $416,050 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
FIDO FIXERS PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE PUBLIC ORGANIZATIONS TO CARRY OUT THEIR EXEMPT CHARITABLE FUNCTIONS. | $75,000 |
PRAGERU PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE PUBLIC ORGANIZATIONS TO CARRY OUT THEIR EXEMPT CHARITABLE FUNCTIONS. | $35,000 |
MCCARTHY'S WILDLIFE SANCTUARY PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE PUBLIC ORGANIZATIONS TO CARRY OUT THEIR EXEMPT CHARITABLE FUNCTIONS. | $7,500 |
CHOVEVET TORAH PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE PUBLIC ORGANIZATIONS TO CARRY OUT THEIR EXEMPT CHARITABLE FUNCTIONS. | $25,000 |
WILDLIFE CONSERVATION PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE PUBLIC ORGANIZATIONS TO CARRY OUT THEIR EXEMPT CHARITABLE FUNCTIONS. | $5,000 |
PAP CORPS PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE PUBLIC ORGANIZATIONS TO CARRY OUT THEIR EXEMPT CHARITABLE FUNCTIONS. | $500 |