Leo Claire & Robert Adenbaum
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
Under IRS private-foundation payout rules, Leo Claire & Robert Adenbaum reported a distributable amount of $979K for 2024 — the minimum it must pay out in qualifying distributions.
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
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Florida Fdn Inc ($75,000), Lewis Katz School of Medicine ($75,000), Jupiter Medical Center Fdn Inc ($44,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BEXLEY ELEMENTARY SCHOOL LAND OF LAKES, FL | ADOPT A CLASSROOM | $1,000 |
| BIG DOG RESCUE RANCH LOXAHATCHEE, FL | GENERAL SUPPORT | $28,500 |
| JUPITER ELEMENTARY SCHOOL JUPITER, FL | ADOPT A CLASSROOM | $2,500 |
| JUPITER MEDICAL CENTER FDN INC JUPITER, FL | GENERAL SUPPORT | $44,000 |
| CHARLES RUSHE MIDDLE SCHOOL LAND O LAKES, FL | GENERAL SUPPORT | $1,000 |
| FRIENDS OF MACARTHUR STATE PARK NORTH PALM BEACH, FL | GENERAL SUPPORT | $9,393 |
| UNIVERSITY OF FLORIDA FDN INC GAINSVILLE, FL | ADENBAUM PROFESSORSHIP - ENGINEERING | $75,000 |
| CHAPMAN SCHOOL OF SEAMANSHIP STUART, FL | GENERAL SUPPORT | $1,000 |
| NATURE CONSERVANCY ARLINGTON, VA | GENERAL SUPPORT | $2,000 |
| SUNLAKE HIGH SCHOOL LAND O LAKES, FL | GENERAL SUPPORT | $1,000 |
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE STECHEL | CO-TRUSTEE | 7.5 | $91,605 |
| GERHARD JAKITS | CO-TRUSTEE | 10 | $128,272 |
| JODY OLIVER | CO-TRUSTEE | 10 | $128,272 |
| MICHAEL STECHEL | CO-TRUSTEE | 5 | $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\Frequently Asked Questions
What does Leo Claire & Robert Adenbaum fund?
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.
How do I apply for a grant from Leo Claire & Robert Adenbaum?
**Grant Activity:** • Made 10 grants in 2024 • Recent grants include: • $75,000 to The University of Florida Foundation for the Adenbaum Professorship in Engineering (2024) • $44,000 to Jupiter Medical Center Foundation for General Support (2024) • $28,500 to Big Dog Ranch Rescue for General Support (2024) The foundation supports a mix of educational institutions and community organizations, with a notable emphasis on engineering education at the University of Florida.
What size grants does Leo Claire & Robert Adenbaum award?
In 2024, Leo Claire & Robert Adenbaum awarded 13 grants totaling $243K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Leo Claire & Robert Adenbaum required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Leo Claire & Robert Adenbaum reported a distributable amount of $979K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Leo Claire & Robert Adenbaum's EIN?
Leo Claire & Robert Adenbaum's EIN (Employer Identification Number) is 11-6013398. IRS Form 990 filing data is available on this page for 2020–2024.
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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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