Leo & Marjorie Stern Foundation

PARADISE VALLEY, AZ EIN: 13-6084394

Arts and culture Education Health Diseases and conditions

Leo & Marjorie Stern Foundation is a private foundation focused on Arts and culture, based in PARADISE VALLEY, AZ. IRS filing data is available from 2020 through 2024. In 2024, it awarded 2 grants totaling $196K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$196K

Grant Count

Avg Grant Size

$98K

Under IRS private-foundation payout rules, Leo & Marjorie Stern Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About Leo & Marjorie Stern Foundation

Based on IRS filings

Focus Areas

Arts and culture Education Health Diseases and conditions

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $196K (94%)

Arizona $5K (3%)

New York $4K (2%)

Texas $2K (1%)

Connecticut $1K (0%)

Massachusetts $500 (0%)

California $100 (0%)

States

Arizona California Connecticut Massachusetts New Jersey New York Texas

Cities

CambridgeHoustonNew YorkNorth HollywoodNorwalkPhoenixPrinceton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	—	$183,626	$175,096
Revenue	$4,757	$10,871	$12,218
Expenses	$205,409	$2,886	$2,606
Qualifying Distributions	$196,426	—	—
Net Investment Income	—	$8,121	$9,768
Distributable Amount	$2,303	$9,301	$9,946

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Princeton University ($196,301), Alzheimer's Association ($125).

Recipient	Purpose	Amount
ALZHEIMER'S ASSOCIATION PHOENIX, AZ	CHARITABLE PURPOSE	$125
PRINCETON UNIVERSITY PRINCETON, NJ	CHARITABLE PURPOSE	$196,301

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RICHARD D STERN	TRUSTEE	1	—
PHYLLIS STERN	TRUSTEE	—	—
ANDREW H STERN	TRUSTEE	—	—
MARJORIE STERN JACKSON	TRUSTEE	—	—

Subject Areas

Focus areas based on grantmaking activity

Arts and culture Education Health Diseases and conditions

Frequently Asked Questions

What is Leo & Marjorie Stern Foundation?

Leo & Marjorie Stern Foundation is a private foundation focused on Arts and culture, based in PARADISE VALLEY, AZ. It holds — in total assets as of 2024.

Where does Leo & Marjorie Stern Foundation operate?

Leo & Marjorie Stern Foundation has awarded grants in Arizona, California, Connecticut, Massachusetts, New Jersey, New York, Texas.

What size grants does Leo & Marjorie Stern Foundation award?

In 2024, Leo & Marjorie Stern Foundation awarded 2 grants totaling $196K — an average of about $98K per grant, based on its IRS Form 990 filings.

How much is Leo & Marjorie Stern Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Leo & Marjorie Stern Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Leo & Marjorie Stern Foundation's EIN?

Leo & Marjorie Stern Foundation's EIN (Employer Identification Number) is 13-6084394. IRS Form 990 filing data is available on this page for 2020–2024.