Max Stenbeck Charitable Fund
- Assets
- $15.1m
- Revenue
- -$789.3k
- Investments
- $14.2m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2022
- EIN
- 85-1238954
Organization Overview
Max Stenbeck Charitable Fund is located in Los Angeles, CA. 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. Max Stenbeck Charitable Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Max Stenbeck Charitable Fund has awarded 45 individual grants totaling $10,178,331. 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 |
|---|---|---|---|
Sophie Stenbeck Member-Director-Presdnt-Secy-T | 1 | $0 | |
Henry Guy Member-Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $60,713 |
| Dividends & Interest | $120,877 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$970,881 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$789,291 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $39,328 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,136 |
| Total operating and administrative expenses | $173,923 |
| Contributions, gifts, grants paid | $4,273,333 |
| Total expenses and disbursements | $4,447,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $924,449 |
| 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 | $3,202,813 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,786 |
| Total assets | $15,094,066 |
| 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, Max Stenbeck Charitable Fund has awarded $4,273,333 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
NEW YORK UNIVERSITY PURPOSE: GENERAL SUPPORT | $500,000 |
SHED NYC INC PURPOSE: GENERAL SUPPORT | $1,250,000 |
POLICY LINK PURPOSE: GENERAL SUPPORT | $130,000 |
AMPLIFIER FOUNDATION PURPOSE: GENERAL SUPPORT | $50,000 |
WORLD CHILDHOOD FOUNDATION INC PURPOSE: GENERAL SUPPORT | $500,000 |
ASHOKA INNOVATOR FOR THE PUBLIC PURPOSE: GENERAL SUPPORT | $120,000 |