Arthur And Edith Stern Family Foundation
- Assets
- $1.6m
- Revenue
- $73.5k
- Investments
- $1.5m
- Employees
- 0
- Location
- Iselin, NJ
- Founding
- 02/1997
- Data as of
- 12/2021
- EIN
- 95-4609409
Organization Overview
Arthur And Edith Stern Family Foundation is located in Iselin, NJ. The organization was established in 1997. 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. Arthur And Edith Stern Family 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 12/2021, Arthur And Edith Stern Family Foundation generated $73.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $128.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Arthur And Edith Stern Family Foundation has awarded 136 individual grants totaling $611,000. 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 |
|---|---|---|---|
Daniel R Stern Chairman | 1 | $0 | |
Claude M Stern Director | 0.25 | $0 | |
Jacqueline S Bellowe Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11 |
| Dividends & Interest | $69,503 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,988 |
| Capital Gain Net Income | $3,988 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $73,502 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,754 |
| Other employee salaries and wages | $5,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,193 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48 |
| Total operating and administrative expenses | $19,532 |
| Contributions, gifts, grants paid | $108,500 |
| Total expenses and disbursements | $128,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $58,844 |
| 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 | $374,528 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,593,830 |
| 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, Arthur And Edith Stern Family Foundation has awarded $108,500 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
NEW ISRAEL FUND PURPOSE: PROMOTE FREEDOM, JUSTICE AND EQUALITY FOR ALL ISRAELIS. | $15,000 |
J STREET EDUCATION FOUNDATION PURPOSE: SUPPORTS JEWISH ISRAEL RELATED EDUCATION EFFORTS | $15,000 |
Santa Barbara, CA PURPOSE: IMPROVE THE HEALTH OF PEOPLE LIVING IN HIGH-NEED AREAS | $10,000 |
AMERICANS FOR PEACE NOW PURPOSE: SUPPORT PROVIDED CHARITABLE SERVICES | $10,000 |
Montgomery, AL PURPOSE: SUPPORT PROVIDED CHARITABLE SERVICES | $5,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: PROVIDE OPTIMAL CARE AND SERVICES TO INDIVIDUALS LIVING WITH ALZHEIMERS DISEASE AND RELATED ILLNESSES AND TO THEIR FAMILIES AND CAREGIVERS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $130,108,063 | $92,858,448 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |
Paul E Singer Foundation New York, NY | $412,018,579 | $19,273,091 |
Bernard And Anne Spitzer Charitable Tr New York, NY | $0 | $17,565,686 |