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JEROME L STERN FAMILY FOUNDATION INC

NEW YORK, NY · EIN 136127063 · Form 990PF · FY2024 · Medium ($1M-$10M)
revenue
$1.2M
expenses
$388K
net assets
$5.6M
employees
profile · synthesized from sources

JEROME L STERN FAMILY FOUNDATION INC is a private foundation based in New York that makes grants to support educational, religious, and Jewish heritage initiatives. The foundation funds organizations in the United States and Israel, with a focus on advancing economic mobility, disability inclusion, and cultural institutions. It does not appear to conduct direct operations or public programs.

named programs · 5 · from sources

What they call their work

Arts and Culture Funding
Provides grants to contemporary art and cultural institutions such as the New Museum of Contemporary Art and the Israel Museum
Disability Inclusion Support
Funds ADI Israel Foundation to assist individuals living with disabilities in Israel
Economic Mobility in Israel
Supports American Friends of Ogen Inc to advance financial inclusion and economic mobility in Israel
Educational Support Grants
Funds educational institutions and programs, primarily in Israel and the U.S., including Bar-Ilan University and Hadar Institute
Religious and Jewish Heritage Initiatives
Supports synagogues, heritage organizations, and Jewish life, including Lincoln Square Synagogue and American Jewish Joint Distribution Committee
activities · 4 groups

What they do

  • Support for Israeli Educational Institutions 2 activities
    • Funding economic mobility and financial inclusion in Israel
      Awards grants to American Friends of Ogen Inc to support economic mobility and financial inclusion programs in Israel.
    • Funding educational initiatives
      Funds a range of organizations for educational purposes, including American Friends of Bar-Ilan University, the New Museum of Contemporary Art, the American Friends of the Israel Museum, and the Hadar Institute. Also supports educational programs through the American Israel Education Foundation.
  • Art Museum Funding and Support 1 activity
    • Funding arts and cultural organizations
      Supports arts-related initiatives through grants to institutions such as the New Museum of Contemporary Art and the American Friends of the IPO.
  • Jewish Life and Security Support 1 activity
    • Funding disability services and support
      Finances the ADI Israel Foundation to support individuals living with and affected by disability.
  • Jewish Religious Institution Support 1 activity
    • Funding religious and Jewish heritage programs
      Provides grants to support religious and Jewish heritage initiatives, including funding for Lincoln Square Synagogue, Ohr Torah Stone, Yad Yisrael, and the American Jewish Joint Distributing Committee.
financials · form 990PF · fy2024
revenue
Total revenue$1.21M
Contributions & grants
Program service revenue
Investment income$146K12%
Other revenue$1.06M
expenses
Total expenses$388K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$923K
balance sheet
Total assets$5.57M
Cash
Investments
Liabilities
Net assets$5.57M
5 years on record · 2020–2024 · YoY revenue -21.7%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • ELLEN L STERN — DIRECTOR
  • GEOFFREY S STERN — PRESIDENT/DIRECTOR.
  • RONALD A STERN — TREASUROR/DIRECTOR
relationships · 12

Who they work with

  • ADI ISRAEL FOUNDATION Partner — Receives grant funding to support individuals affected by disability.
  • AMERICAN FRIENDS OF BAR-ILAN UNIVERSITY Partner — Receives grant funding for educational purposes.
  • AMERICAN FRIENDS OF OGEN INC Partner — Receives grant funding to support economic mobility and financial inclusion in Israel.
  • AMERICAN FRIENDS OF THE IPO Partner — Receives grant funding for arts-related initiatives.
  • AMERICAN FRIENDS OF THE ISRAEL MUSEUM Partner — Receives grant funding for educational purposes.
  • AMERICAN ISRAEL EDUCATION FOUNDATION Partner — Receives grant funding for educational purposes.
  • AMERICAN JEWISH JOINT DISTRIB COMMITTEE Partner — Receives grant funding for Jewish heritage initiatives.
  • HADAR INSTITUTE Partner — Receives grant funding for educational purposes.
  • LINCOLN SQUARE SYNAGOGUE Partner — Receives grant funding for religious purposes.
  • NEW MUSEUM OF CONTEMPORARY ART Partner — Receives grant funding for educational purposes.
  • OHR TORAH STONE Partner — Receives grant funding for religious purposes.
  • YAD YISRAEL Partner — Receives grant funding for religious and heritage purposes.