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

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.

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

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).

RecipientPurposeAmount
BEXLEY ELEMENTARY SCHOOL LAND OF LAKES, FLADOPT A CLASSROOM$1,000
BIG DOG RESCUE RANCH LOXAHATCHEE, FLGENERAL SUPPORT$28,500
JUPITER ELEMENTARY SCHOOL JUPITER, FLADOPT A CLASSROOM$2,500
JUPITER MEDICAL CENTER FDN INC JUPITER, FLGENERAL SUPPORT$44,000
CHARLES RUSHE MIDDLE SCHOOL LAND O LAKES, FLGENERAL SUPPORT$1,000
FRIENDS OF MACARTHUR STATE PARK NORTH PALM BEACH, FLGENERAL SUPPORT$9,393
UNIVERSITY OF FLORIDA FDN INC GAINSVILLE, FLADENBAUM PROFESSORSHIP - ENGINEERING$75,000
CHAPMAN SCHOOL OF SEAMANSHIP STUART, FLGENERAL SUPPORT$1,000
NATURE CONSERVANCY ARLINGTON, VAGENERAL SUPPORT$2,000
SUNLAKE HIGH SCHOOL LAND O LAKES, FLGENERAL 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

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\

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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