Elaine Stern Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTHFIELD, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.9M in total assets. In 2024, it awarded 16 grants totaling $731K. Net investment income was $413K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.9M
+2.5% YoY
Annual Giving
$731K
+6.6% YoY
Grant Count
16
+14.3% YoY
Avg Grant Size
$46K
-6.7% YoY
Under IRS private-foundation payout rules, Elaine Stern Foundation reported a distributable amount of $799K for 2024 — the minimum it must pay out in qualifying distributions.
About Elaine Stern Foundation
Based on IRS filings
Elaine Stern Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTHFIELD, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.9M in total assets. In 2024, it awarded 16 grants totaling $731K. Net investment income was $413K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,934,507 | $15,545,437 | $14,135,434 |
| Revenue | $604,843 | $422,309 | $270,029 |
| Expenses | $961,471 | $890,311 | $968,919 |
| Qualifying Distributions | $786,209 | $730,204 | $808,298 |
| Net Investment Income | $413,430 | $262,192 | $109,408 |
| Distributable Amount | $798,973 | $733,769 | $768,951 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Alternatives for Girls ($100,000), Brilliant Detroit ($75,550), Humble Design Inc ($65,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALTERNATIVES FOR GIRLS DETROIT, MI | SUPPORT FOR THE COLLEGE AND CAREER READINESS PROGRAM FOR SIXTH GRADERS THROUGH COLLEGE. | $100,000 |
| BEDS 4 KIDS OAK PARK, MI | MATERIALS COST SUPPORT. | $15,000 |
| BEYOND BASICS FARMINGTON HILLS, MI | SUMMER LITERACY PROGRAM SUPPORT. | $50,000 |
| BRILLIANT DETROIT DETROIT, MI | OPERATIONS SUPPORT AT DEXTER-LINWOOD NEIGHBORHOOD HUB. | $75,550 |
| COLLEGE CAREER AND BEYOND (FKA MIDNIGHT GOLF PROGRAM) DETROIT, MI | MAKING GRADUATION POSSIBLE PROGRAM SUPPORT. | $50,000 |
| COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN DETROIT, MI | GENERAL SUPPORT UNDER THE ELAINE STERN FOUNDATION FUND OF THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN. | $50,000 |
| DETROIT HORSE POWER DETROIT, MI | CAPITAL COMMITMENT FOR DEVELOPMENT OF URBAN EQUESTRIAN CENTER. | $50,000 |
| DETROIT PUBLIC MEDIA WIXOM, MI | PROGRAMMING SUPPORT FOR CHILDREN WITH SPECIAL NEEDS. | $25,000 |
| GESHER HUMAN SERVICES SOUTHFIELD, MI | SUPPORT FOR THE CLUBHOUSE FOR THE COMMON GOOD OPERATIONS. | $40,000 |
| HUMBLE DESIGN INC SOUTHFIELD, MI | PROGRAM SUPPORT FOR THE DETROIT METRO AREA OPERATIONS, WITH A FOCUS ON SUPPORTING MILITARY VETERANS. | $65,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| R CHRISTOPHER CATALDO | PRESIDENT, DIRECTOR, TRUSTEE | 1.5 | — |
| SHERI CATALDO | SECRETARY, DIRECTOR, TRUSTEE | 1.5 | $24,000 |
| JAMES M REINHART | DIRECTOR, TRUSTEE | 1.5 | $24,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Elaine Stern Foundation?
Elaine Stern Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTHFIELD, MI. It holds $15.9M in total assets as of 2024.
How large is Elaine Stern Foundation?
As of 2024, Elaine Stern Foundation holds $15.9M in total assets with $605K in annual revenue. It awarded 16 grants totaling $731K in 2024.
Where does Elaine Stern Foundation operate?
Elaine Stern Foundation has awarded grants in Michigan.
What size grants does Elaine Stern Foundation award?
In 2024, Elaine Stern Foundation awarded 16 grants totaling $731K — an average of about $46K per grant, based on its IRS Form 990 filings.
How much is Elaine Stern Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Elaine Stern Foundation reported a distributable amount of $799K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Elaine Stern Foundation's EIN?
Elaine Stern Foundation's EIN (Employer Identification Number) is 81-4062393. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Elaine Stern Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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