The Stein Family Charitable Foundation
- Assets
- $10.5m
- Revenue
- $519.8k
- Investments
- $10.3m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 45-2732010
Organization Overview
The Stein Family Charitable Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations 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. Stein Family Charitable 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, Stein Family Charitable Foundation generated $519.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (23.2%) each year. All expenses for the organization totaled $484.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (21.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Stein Family Charitable Foundation has awarded 171 individual grants totaling $8,479,661. 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 |
|---|---|---|---|
Sara Klein VP | 1 | $0 | |
Matthew Stein VP | 1 | $0 | |
Sharon Stein VP | 1 | $0 | |
William J Stein Pres, Dir, Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $325,000 |
| Interest on Savings | $3,616 |
| Dividends & Interest | $177,245 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,985 |
| Capital Gain Net Income | $13,985 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $519,846 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $53,325 |
| Total operating and administrative expenses | $67,437 |
| Contributions, gifts, grants paid | $417,200 |
| Total expenses and disbursements | $484,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $171,386 |
| Net Accounts receivable | $3,967 |
| 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 | $0 |
| Total assets | $10,513,133 |
| 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 Stein Family Charitable Foundation has awarded $417,200 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR THE CHESAPEAKE BAY INC PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: GENERAL & UNRESTRICTED | $3,600 |
ANIMAL HAVEN INC PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
BACKYARD SPORTS CARES INC PURPOSE: COACH DANNY LEGACY FUND | $50,000 |
BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATI PURPOSE: CHARITABLE EVENT | $5,000 |
BRIDGES FROM SCHOOL TO WORK INC PURPOSE: CHARITABLE EVENT | $2,500 |