Stern Family Philanthropic Foundation
- Assets
- $0.0
- Revenue
- $972.8k
- Investments
- $7.6m
- Employees
- 0
- Location
- Harrison, NY
- Founding
- 06/1998
- Data as of
- 11/2020
- EIN
- 13-3949201
Organization Overview
Stern Family Philanthropic Foundation is located in Harrison, NY. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Stern Family Philanthropic Foundation 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 11/2020, Stern Family Philanthropic Foundation generated $972.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $806.2k during the year ending 11/2020. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Stern Family Philanthropic Foundation has awarded 142 individual grants totaling $5,226,334. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Stern Chmn/dir | 1 | $0 | |
Jane Stern Pres/dir | 0.25 | $0 | |
David Stern Secy/dir | 0.25 | $0 | |
Peter Stern Treas/dir | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $524,280 |
| Interest on Savings | $0 |
| Dividends & Interest | $205,973 |
| Profit on Inventory Sales | $0 |
| Other Income | $138,011 |
| Total Revenue | $972,846 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $208,654 |
| Contributions, gifts, grants paid | $597,500 |
| Total expenses and disbursements | $806,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $595,903 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $6,906,200 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Stern Family Philanthropic Foundation has awarded $521,783 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
WNET PURPOSE: CHARITABLE CONTRIBUTION | $150,000 |
UJA FEDERATION PURPOSE: CHARITABLE CONTRIBUTION | $100,000 |
New York, NY PURPOSE: CHARITABLE CONTRIBUTION | $75,000 |
TYNEPHONIA RES FDN PURPOSE: CHARITABLE CONTRIBUTION | $50,000 |
Rye, NY PURPOSE: CHARITABLE CONTRIBUTION | $37,500 |
New York, NY PURPOSE: CHARITABLE CONTRIBUTION | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harold Grinspoon Foundation Agawam, MA | $968,665,027 | $58,159,410 |
General Professional Liability Lass Fund Trust Agreement Pittsburgh, PA | $165,577,722 | $37,293,555 |
Jader Trust 4 New York, NY | $1,054,851,689 | $157,383,970 |
Rockefeller Family Fund Inc New York, NY | $156,631,848 | $43,772,368 |
Shapiro-Silverberg Foundation New York, NY | $41,665,129 | $24,069,378 |
Hess Philanthropic Fund New York, NY | $231,447,732 | $32,591,174 |
Edith L Trees Charitable Trust Pittsburgh, PA | $351,552,610 | $23,983,044 |
Natural Heritage Trust Albany, NY | $68,314,961 | $23,861,363 |
Hollow Metal Trust Fund New York, NY | $38,290,021 | $12,661,866 |
Halvorsen Family Foundation Greenwich, CT | $235,306,066 | $4,015,208 |
Adp Foundation Roseland, NJ | $23,560,078 | $20,725,290 |
Lynch Foundation Boston, MA | $176,006,196 | $42,142,694 |