Leo Claire & Robert Adenbaum

NORTH PALM BEACH, FL EIN: 11-6013398

The Leo Claire and Robert Adenbaum Foundation is a private foundation established in 1962 and based in North Palm Beach, Florida. The foundation operates as a grantmaking organization with no employees, focusing on supporting educational and community institutions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.3M

+1.4% YoY

Annual Giving

$243K

-15.3% YoY

Grant Count

13

-23.5% YoY

Avg Grant Size

$19K

+10.8% YoY

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

Mission & Focus Areas

The foundation primarily funds general operating support and educational initiatives. Recent grantmaking has emphasized higher education, particularly engineering programs, as well as healthcare and animal welfare organizations.

Grantmaking

The foundation supports a mix of educational institutions and community organizations, with a notable emphasis on engineering education at the University of Florida.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

ArlingtonAtlantaCardiffCardiff By The SeaGainesvilleGainsvilleHobe SoundIowa CityJupiterLa JollaLake WorthLand O LakesLand Of LakesLoxahatcheeLoxahatchee GrovesMiamiNew YorkNorth Palm BeachPalm Beach GardensPhiladelphia

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $8,325,033
  • Total Revenues: $876,701
  • Total Expenses: $873,215
  • Number of Employees: 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$257K$515K$772K$1M20202021202220232024
Metric202420232022
Total Assets$8,325,033$8,206,296$8,703,303
Revenue$876,701$684,300$735,996
Expenses$873,215$872,410$717,350
Qualifying Distributions$655,036$624,367$477,297
Net Investment Income$672,383$454,424$486,878
Distributable Amount$978,513$893,998$606,671

Giving Over Time

Total grant dollars and number of grants per year

$0$97K$194K$291K$388K18 grants202018 grants202110 grants202217 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF FLORIDA FD…$75KLEWIS KATZ SCHOOL OF MED…$75KJUPITER MEDICAL CENTER F…$44KBIG DOG RESCUE RANCH$29KFRIENDS OF MACARTHUR STA…$9KJUPITER ELEMENTARY SCHOOL$3KNATURE CONSERVANCY$2KCMT RESEARCH FOUNDATION$2KBEXLEY ELEMENTARY SCHOOL$1KCHARLES RUSHE MIDDLE SCH…$1K

Grant Size Distribution

76 grants across all recorded years

63<$50K9$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

George Stechel serves as Trustee of the foundation, with compensation of $122,651 as of February 2025.

Compensation Overview

From 2024 IRS filing

GERHARD JAKITSCO-TRUSTEE$128KJODY OLIVERCO-TRUSTEE$128KGEORGE STECHELCO-TRUSTEE$92KMICHAEL STECHELCO-TRUSTEE$37K

From 2024 filing

NameTitleHoursCompensation
GEORGE STECHELCO-TRUSTEE7.5$91,605
GERHARD JAKITSCO-TRUSTEE10$128,272
JODY OLIVERCO-TRUSTEE10$128,272
MICHAEL STECHELCO-TRUSTEE5$36,667

Recent News & Activity

Recent developments and announcements

The foundation established the Robert W. Adenbaum Professorship in Engineering Innovation at the University of Florida, demonstrating a significant commitment to engineering education and innovation at the institution.

$1M given to UF to establish the Robert W. Adenbaum Professorship in Engineering\

Related Funders

Similar funders by location and focus area

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

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