Mervyn H And Leslie D Sternberg Foundation Inc
- Assets
- $325.4k
- Revenue
- $13.4k
- Investments
- $238.7k
- Employees
- 0
- Location
- Delray Beach, FL
- Founding
- 06/1987
- Data as of
- 11/2023
- EIN
- 38-2707908
Organization Overview
Mervyn H And Leslie D Sternberg Foundation Inc is located in Delray Beach, FL. The organization was established in 1987. 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. Mervyn H And Leslie D Sternberg Foundation 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, Mervyn H And Leslie D Sternberg Foundation Inc generated $13.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $34.3k during the year ending 11/2023. While expenses have increased by 5.7% per year over the past 7 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.
Since 2015, Mervyn H And Leslie D Sternberg Foundation Inc has awarded 192 individual grants totaling $126,972. 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 |
|---|---|---|---|
Mervyn Sternberg President/treasurer | 0.25 | $0 | |
Leslie Sternberg Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,611 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$210 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,401 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,390 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,553 |
| Contributions, gifts, grants paid | $28,702 |
| Total expenses and disbursements | $34,255 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,562 |
| 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 | $66 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $238,735 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $325,363 |
| 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, Mervyn H And Leslie D Sternberg Foundation Inc has awarded $28,702 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS PURPOSE: PROMOTE THE ARTS | $1,000 |
AQUARIUM OF THE PACIFIC CORPORATION PURPOSE: SUPPORT MISSION TO INSTILL A SENSE OF WONDER, RESPECT, AND STEWARDSHIP FOR THE PACIFIC OCEAN, ITS INHABITANTS AND ECOSYSTEMS | $137 |
BOCA RATON REGIONAL HOSPITAL FOUNDATION PURPOSE: SUPPORT BOCA RATON REGIONAL HOSPITAL AND ITS MISSION | $2,500 |
CROOKED TREE ARTS COUNCIL INC PURPOSE: ASSIST RECIPIENTS TO CREATE STIMULATE AND PERPETUATE THE ARTS IN NORTHERN MICHIGAN. | $250 |
DESCANSO GARDENS GUILD INC PURPOSE: SUPPORT STEWARDSHIP OF MUSEUM, BOTANICAL GARDENS, AND EDUCATION ABOUT THE NATURAL WORLD | $140 |
CROSS OF CHRIST LUTHERAN CHURCH PURPOSE: PROMOTE RELIGIOUS TEACHINGS | $100 |