Alex Stern Family Foundation logo

Alex Stern Family Foundation

FARGO, ND EIN: 45-6013981 Website

The Alex Stern Family Foundation is a private family foundation based in Fargo, North Dakota. Established in 1977, it was created by brothers Sam and Edward Stern to honor their family members when they inherited William Stern's estate in 1964. The foundation was designed to become active upon the last brother's death, which occurred in 1977. The foundation operates with the mission of serving the community where "the Stern Family had good fortune."

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$565K

+10.5% YoY

Grant Count

67

-6.9% YoY

Avg Grant Size

$8K

+18.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Alex Stern Family Foundation supports the following areas for the benefit of the greater Fargo-Moorhead region:

  • Arts
  • Social welfare and human services
  • Education
  • Youth recreation
  • Civic projects
  • Health

The foundation's guiding principle is to "enhance charitable and literacy causes in the Fargo-Moorhead area because it was here that the Stern Family had good fortune."

Grantmaking

The foundation provides general operating support, scholarships, and other charitable funding.

Grant Range

approximately $8,000-$10,000

Average Grant

approximately $8,000-$10,000

Grant Types

**

How to Apply

**

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Geographic Focus

Where this funder awards grants

The Alex Stern Family Foundation focuses its grantmaking on the Fargo-Moorhead metropolitan area, including Cass and Clay Counties in North Dakota and Minnesota.

Grant Distribution by State

4states

Cities

ALEXANDRIABISMARCKFARGOFAROGGRAND FORKSHAWLEYJAMESTOWNMAYVILLEMOORHEADRICHARDTONSEWICKLEYVALLEY CITYWAHPETONWEST FARGO

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total assets: $9,148,634
  • Total revenues: $541,077
  • Total expenses: $653,064
  • Investment income and dividends: $311,498
  • Net gain from sale of non-inventory assets: $168,304

Historical Growth:

  • At inception in 1977, the foundation had assets of just over $1 million
  • As of the most recent reporting period, assets had grown to approximately $10 million
  • More than $16.5 million in grants have been invested locally in Cass and Clay Counties since inception

Tax Status:

  • 501(c)(3) organization
  • Tax-exempt since April 1964
  • EIN: 45-6013981
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$141K$282K$424K$565K55 grants202055 grants202170 grants202272 grants202367 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

IMPACT FOUNDATION$113KANGELS HOCKEY CLUB$25KOAK GROVE LUTHERAN SCHOOL$25KFARGO PARK DISTRICT FOUN…$20KFARGO PARKS & RECREATION$20KCAPSTONE CLASSICAL ACADEMY$15KRED RIVER CHILDREN'S ADV…$13KAMERICAN GOLD GYMNASTICS$10KBRIDGING THE GAP$10KGREAT PLAINS FOOD BANK$10K

Grant Size Distribution

250 grants across all recorded years

247<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Alex Stern Family Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Impact Foundation ($112,500), Angels Hockey Club ($25,000), Oak Grove Lutheran School ($25,000).

RecipientPurposeAmount
ACT UP THEATRE MOORHEAD, MNGENERAL OPERATING SUPPORT$3,000
AMERICAN GOLD GYMNASTICS FARGO, NDGENERAL OPERATING SUPPORT$10,000
AMERICAN NATIONAL RED CROSS FARGO, NDGENERAL OPERATING SUPPORT$5,000
ANGELS HOCKEY CLUB FARGO, NDGENERAL OPERATING SUPPORT$25,000
BIO GIRLS FARGO, NDGENERAL OPERATING SUPPORT$5,000
BOX OF BALLOONS FARGO, NDGENERAL OPERATING SUPPORT$2,500
BOY SCOUTS OF AMERICA FARGO, NDPROGRAMS AT JEFFERSON/MADISON SCHOOL$2,500
BRIDGING THE GAP WEST FARGO, NDGENERAL OPERATING SUPPORT$10,000
CAPSTONE CLASSICAL ACADEMY FARGO, NDGENERAL OPERATING SUPPORT$15,000
CHILDRENS DENTAL SERVICES INC FARGO, NDGENERAL OPERATING SUPPORT$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Trustee: Rondi McGovern
  • Executive Director/Trustee: Dan Carey
  • Contact Person: Donald Scott

Compensation Overview

From 2024 IRS filing

DAN CAREYTRUSTEE$4KRONDI MCGOVERNTRUSTEE$4K

From 2024 filing

NameTitleHoursCompensation
DAN CAREYTRUSTEE$4,000
RONDI MCGOVERNTRUSTEE$4,000

Recent Grants & Activity

Recent developments and announcements

Recent grant recipients include:

2024

Fargo Angels Hockey Club: $25,000 (2024)

2024

Fargo Park District Foundation: $20,000 (2024)

2024

Capstone Classical Academy: $15,000 (2024)

2025

BIO Girls: $5,000 (2025)

2025

CCHS: $5,000 (2025)

Contact Information

Address: 4141 28th Avenue South Fargo, North Dakota 58104

Phone: 701-237-0170

Website: alexsternfamilyfoundation.org

Frequently Asked Questions

What does Alex Stern Family Foundation fund?

The Alex Stern Family Foundation supports the following areas for the benefit of the greater Fargo-Moorhead region: • Arts • Social welfare and human services • Education • Youth recreation • Civic projects • Health The foundation's guiding principle is to "enhance charitable and literacy causes in the Fargo-Moorhead area because it was here that the Stern Family had good fortune."

How do I apply for a grant from Alex Stern Family Foundation?

**Grant Activity:** • 2024: 55 grants totaling approximately $565,000 in annual giving • 2023: 67 grants • Average grant size: approximately $8,000-$10,000 • Grant range: $2,000–$112,500 **Grant Types:** The foundation provides general operating support, scholarships, and other charitable funding. **Application Process:** The foundation accepts applications from new grant seekers but does not provide detailed written guidelines. Prospective applicants are asked to contact staff by phone to dete…

Where does Alex Stern Family Foundation make grants?

The Alex Stern Family Foundation focuses its grantmaking on the Fargo-Moorhead metropolitan area, including Cass and Clay Counties in North Dakota and Minnesota.

What size grants does Alex Stern Family Foundation award?

In 2024, Alex Stern Family Foundation awarded 67 grants totaling $565K — an average of about $8K per grant, based on its IRS Form 990 filings.

What is Alex Stern Family Foundation's EIN?

Alex Stern Family Foundation's EIN (Employer Identification Number) is 45-6013981. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Alex Stern Family Foundation's focus areas in our free grants database

Related Funders

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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