M K Reichert Sternlicht Foundation
The M K Reichert Sternlicht Foundation is a private foundation based in Wilmington, Delaware. It supports charitable organizations through grants and also hosts public events and educational activities addressing mental health, social justice, the arts, and the environment.
Key facts about M K Reichert Sternlicht Foundation
In short: M K Reichert Sternlicht Foundation gave $3.4M across 88 grants in 2024 (avg $39K), top state Maryland. 32% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 81-0807556
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $3,428,900
- Grants made (2024)
- 88
- Average grant
- $38,965
- Median grant
- $10,000
- New grantees (estimate)
- 32% first-time grantees (21 of 66, 2024)
- Total assets
- $99,972,191
- Primary geography
- Maryland (35% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$100.0M
+28.5% YoY
Annual Giving
$3.4M
-6.5% YoY
Grant Count
88
+22.2% YoY
Avg Grant Size
$39K
-23.5% YoY
Under IRS private-foundation payout rules, M K Reichert Sternlicht Foundation reported a distributable amount of $4.2M for 2024 — the minimum it must pay out in qualifying distributions.
Is M K Reichert Sternlicht Foundation open to new grantees?
32%
first-time grantees, 2024
In 2024, 21 of 66 grantees (32%) were first-time recipients. First grants averaged $18K; repeat grants $67K. How we count
Medians: $10K first-time, $10K repeat.
- 50% of 2024 grantees were also funded in 2023. Method
- Giving grew 23% from 2021 to 2024. Method
- In 2024 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation’s filing describes its public activities as events and educational activities intended to engage the community around mental health, social justice, the arts, and the environment. Its grants show support for organizations working in areas including workforce services, education, health, food and nutrition, and community development.
For example, Career Resources says it provides Connecticut jobseekers with training and support to succeed in the workforce. OneGoal describes its work as supporting underserved students in earning a postsecondary degree, while Shining Hope for Communities says it provides services, advocacy, education, and leadership development for women and girls in urban communities. Edesia says it works to treat and prevent malnutrition among vulnerable populations.
Grantmaking
In 2024, the foundation reported 88 grants totaling $3,428,900. Grants ranged from $500 to $995,000, with a median grant of $10,000.
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Geographic Focus
Where this funder awards grants
In 2024, the largest shares of grant dollars went to recipients in Maryland (35%), Connecticut (30%), and New York (16%). Massachusetts received 7% and Rhode Island 3%.
Grant Distribution by State
Share of all 88 itemized 2024 grant dollars.
States
Cities
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
360 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| IMPACTASSETS INC Bethesda, MD | General & Unrestricted | $995,000 |
| CAREER RESOURCES INC Bridgeport, CT | The Bridge on Main project for reentry services for the system impacted | $250,000 |
| BREAKTHROUGH T1D Hagerstown, MD | JDRF T1D Fund | $200,000 |
| GIVING BACK FUND INC Boston, MA | The Peace Dept | $185,000 |
| ONEGOAL New York, NY | General & Unrestricted | $150,000 |
| SHINING HOPE FOR COMMUNITIES INC New York, NY | General & Unrestricted | $125,000 |
| CAREER RESOURCES INC Bridgeport, CT | General & Unrestricted | $100,000 |
| EDESIA INC N Kingstown, RI | Matching grant for Gaza | $100,000 |
| YALE UNIVERSITY New Haven, CT | Effects of social media on behavioral health fund | $100,000 |
| FAIRFIELD COUNTYS COMMUNITY FOUNDATION INC Norwalk, CT | General & Unrestricted | $70,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $99,972,191 | $26,529,152 | $4,381,736 | $3,428,900 |
| 2023 | $77,824,775 | $4,661,711 | $4,420,503 | $3,668,250 |
| 2022 | $77,583,567 | $4,080,450 | $4,610,425 | $3,955,250 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $99,972,191 | $77,824,775 | $77,583,567 |
| Revenue | $26,529,152 | $4,661,711 | $4,080,450 |
| Expenses | $4,381,736 | $4,420,503 | $4,610,425 |
| Qualifying Distributions | $3,893,514 | $4,039,157 | $4,324,989 |
| Net Investment Income | $5,049,605 | $10,273,191 | $2,031,356 |
| Distributable Amount | $4,178,835 | $3,818,727 | $4,032,619 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Miriam Klein Sternlicht as director, president, secretary, and treasurer.
M K Reichert Sternlicht Foundation is led by Miriam Klein Sternlicht, Director, President, Secretary & Treasurer since 2024 (on filings since 2020) — the only officer listed, and uncompensated.
Officers on the 2024 filing
Miriam Klein Sternlicht
Director, President, Secretary & Treasurer
Director, President & Secretary → Director, President, Secretary & Treasurer, 2024
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Frequently asked questions about M K Reichert Sternlicht Foundation
How much does M K Reichert Sternlicht Foundation give each year?
M K Reichert Sternlicht Foundation gave $3.4M across 88 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.7M across 72 grants.
What is M K Reichert Sternlicht Foundation's typical grant size?
M K Reichert Sternlicht Foundation's median grant in 2024 was $10,000, and its average grant was $38,965, across 88 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from M K Reichert Sternlicht Foundation that year got $18K on average.
Where does M K Reichert Sternlicht Foundation give grants?
M K Reichert Sternlicht Foundation's top state is Maryland, with 35% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Connecticut (30%) and New York (16%). The most frequent recipient cities were New York, NY (18 grants), Boston, MA (10 grants), New Haven, CT (8 grants) and Greenwich, CT (6 grants).
Does M K Reichert Sternlicht Foundation give general operating support?
Yes: 63% of M K Reichert Sternlicht Foundation's 2024 grants with a stated purpose (55 of 88) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Charitable Event" (10 grants) and "Artist Residency Grant" (8 grants).
Who are M K Reichert Sternlicht Foundation's largest grantees?
M K Reichert Sternlicht Foundation's largest 2024 grantees include Impactassets Inc ($995,000), Career Resources Inc ($350,000 across 2 grants) and Onegoal ($215,000 across 3 grants), according to its 2024 IRS Form 990-PF. Together they received 45% of its itemized 2024 grant dollars.
How large is M K Reichert Sternlicht Foundation?
M K Reichert Sternlicht Foundation reported $100.0M in total assets on its 2024 IRS Form 990-PF. It paid out $3.9M in qualifying distributions that year, against a required minimum of $4.2M (roughly 5% of its investment assets).
What does M K Reichert Sternlicht Foundation fund?
The foundation’s filing describes its public activities as events and educational activities intended to engage the community around mental health, social justice, the arts, and the environment. Its grants show support for organizations working in areas including workforce services, education, health, food and nutrition, and community development. For example, Career Resources says it provides Connecticut jobseekers with training and support to succeed in the workforce. OneGoal describes its wo…
How do I apply for a grant from M K Reichert Sternlicht Foundation?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is M K Reichert Sternlicht Foundation's EIN?
M K Reichert Sternlicht Foundation's EIN (Employer Identification Number) is 81-0807556. IRS Form 990 filing data is available on this page for 2020–2024.
Does M K Reichert Sternlicht Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching M K Reichert Sternlicht Foundation by hand.
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