Stern Family Charitable Foundation Inc
- Assets
- $1.1k
- Revenue
- $62.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Valley Stream, NY
- Founding
- 01/2017
- Data as of
- 12/2023
- EIN
- 81-4016628
Organization Overview
Stern Family Charitable Foundation Inc is located in Valley Stream, NY. The organization was established in 2017. 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. Stern Family Charitable 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.
Since 2017, Stern Family Charitable Foundation Inc has awarded 292 individual grants totaling $224,950. 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 |
|---|---|---|---|
Joseph Stern Director | 2 | $0 | |
Miri Stern Director | 1 | $0 | |
Simcha Stern Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $62,700 |
| 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 | $0 |
| Total Revenue | $62,700 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,979 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,316 |
| Total operating and administrative expenses | $4,295 |
| Contributions, gifts, grants paid | $62,191 |
| Total expenses and disbursements | $66,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,088 |
| 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 | $0 |
| Total assets | $1,088 |
| 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 | $7,776 |
| Total liabilities | $7,776 |
Grants Awarded
Over the last fiscal year, Stern Family Charitable Foundation Inc has awarded $62,190 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
AFMDA PURPOSE: TO SUPPORT NEEDY PEOPLE | $1,000 |
AHAVAS CHESED PURPOSE: TO SUPPORT RELIGIOUS ACTIVITIES | $154 |
AMUDIM PURPOSE: TO PROVIDE SUPPORT FOR SICK PEOPLE | $1,360 |
BAIS YAAKOV POMONA PURPOSE: TO SUPPORT RELIGIOUS ACTIVITIESTO SUPPORT RELIGIOUS ACTIVITIES | $100 |
BBY PURPOSE: TO PROVIDE ASSISTANCE FOR NEEDY PEOPLE | $500 |
BONEI OLAN PURPOSE: TO SUPPORT TORAH STUDY AND RELIGIOUS ACTIVITIES | $180 |