Ernest E Stempel Foundation
- Assets
- $24.0m
- Revenue
- $1.2m
- Investments
- $22.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/1995
- Data as of
- 12/2023
- EIN
- 51-0363381
Organization Overview
Ernest E Stempel Foundation is located in New York, NY. The organization was established in 1995. 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. Ernest E Stempel 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, Ernest E Stempel Foundation generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Ernest E Stempel Foundation has awarded 126 individual grants totaling $8,070,910. 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 |
|---|---|---|---|
Diana S Bergquist Trustee | 10 | $0 | |
Calvin B Stempel Trustee | 10 | $0 | |
Neil F Stempel Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $589,180 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $426,559 |
| Capital Gain Net Income | $426,559 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $136,244 |
| Total Revenue | $1,151,983 |
| 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 | $40,434 |
| Total operating and administrative expenses | $121,875 |
| Contributions, gifts, grants paid | $1,440,500 |
| Total expenses and disbursements | $1,562,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,003,873 |
| 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 | $4,817,189 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,024,259 |
| 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, Ernest E Stempel Foundation has awarded $1,440,500 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF THE NATIONAL MUSEUM OF BERMUDA PURPOSE: GENERAL | $110,000 |
BERMUDA INSTITUTE OF OCEAN SCIENCES PURPOSE: GENERAL | $25,000 |
BUTTERFIELD FFC BERMUDA HIGH SCHOOL FOR GIRLS PURPOSE: GENERAL | $36,000 |
BERMUDA ZOOLOGICAL SOCIETY PURPOSE: GENERAL | $140,000 |
BRYANT UNIVERSITY PURPOSE: GENERAL | $65,000 |
CANDLELIGHTERS CHILDHOOD CANCER FOUNDATION PURPOSE: GENERAL | $10,000 |