Henry J Stern Foundation
- Assets
- $1.5m
- Revenue
- $472.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Opelika, AL
- Founding
- 07/2012
- Data as of
- 12/2022
- EIN
- 26-3848036
Organization Overview
Henry J Stern Foundation is located in Opelika, AL. The organization was established in 2012. 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. Henry J Stern 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 12/2022, Henry J Stern Foundation generated $472.8k in total revenue. All expenses for the organization totaled $47.1k during the year ending 12/2022. While expenses have increased by 47.8% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia H Stern President & Treasurer | 0 | $0 | |
Henry J Stern Jr Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $460,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $12,838 |
| Total Revenue | $472,838 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,284 |
| Total operating and administrative expenses | $27,059 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $47,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,640 |
| 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 | $256,707 |
| Other assets | $1,081,172 |
| Total assets | $1,457,519 |
| 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, Henry J Stern Foundation has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OPELIKA CHAMBER FOUNDATION PURPOSE: FUND RAISING FOR THE OPELIKA CHAMBER OF COMMERCE | $10,000 |
SAVANNAH THEATRE PURPOSE: CONTRIBUTON TO OPERATING FUNDS OF TAX EXEMPT ENTITY. | $10,000 |