David A Steinberg Family Foundation is located in Miami Beach, FL. The organization was established in 2003. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. David A Steinberg Family 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 12/2023, David A Steinberg Family Foundation generated $1.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David A Steinberg Family Foundation has awarded 79 individual grants totaling $4,707,097. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE DAVID A. STEINBERG FAMILY FOUNDATION'S MISSION IS TO SUPPORT THE GREATER WASHINGTON COMMUNITY FOUNDATION, A 501(C)(3) ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICE ACTIVITIES CEASED DURING THE TAX PERIOD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David A Steinberg President | 1 | $0 | |
Diane Siegel Treasurer | 0 | $0 | |
Joel Zychick Secretary | 3 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $263,972 |
Interest on Savings | $0 |
Dividends & Interest | $16,816 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $754,749 |
Capital Gain Net Income | $754,749 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $1,035,537 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $20,162 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $10,379 |
Total operating and administrative expenses | $50,369 |
Contributions, gifts, grants paid | $1,305,083 |
Total expenses and disbursements | $1,355,452 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $40,142 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $3,394,282 |
Total assets | $3,434,424 |
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 |
Over the last fiscal year, David A Steinberg Family Foundation has awarded $1,305,083 in support to 24 organizations.
Grant Recipient | Amount |
---|---|
MICHAEL BLACKSON FOUNDATION PURPOSE: WORLD HUNGER | $250,000 |
AMERICAN ENDOWMENT FOUNDATION FBO GERBER FAMILY FOUNDATION PURPOSE: GENERAL UNRESTRICTED FUND GRANT | $496,000 |
SECTION 1GH GROUP PURPOSE: IMPACTING LIVES OF THOSE LESS FORTUNATE | $5,000 |
ROESSLER CHADWICK FOUNDATION PURPOSE: GRANT FOR EDUCATION | $13,000 |
UCLA FOUNDATION PURPOSE: GRANT FOR EDUCATION | $88,750 |
THE METROPOLITAN MUSEUM PURPOSE: COMMUNITY SUPPORT | $5,000 |