Russell and Jane Stern Charitable Foundation

Private foundation · Grantmaker Stuart, FL EIN: 46-3259132

RUSSELL AND JANE STERN CHARITABLE is a private foundation based in Stuart, Florida. Its 2024 grants supported charitable organizations working in areas including education, youth programs, refugee services, community assistance, and health.

Key facts about Russell and Jane Stern Charitable Foundation

In short: Russell and Jane Stern Charitable Foundation gave $630K across 31 grants in 2024 (avg $20K), mostly in Florida. 23% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
46-3259132
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$629,990
Grants made (2024)
31
Average grant
$20,322
Median grant
$10,000
New grantees (estimate)
23% first-time grantees (7 of 31, 2024)
Total assets
$8,028,649
Primary geography
Florida (60% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated October 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

$8.0M

+40.5% YoY

Annual Giving

$630K

+23.0% YoY

Grant Count

31

+6.9% YoY

Avg Grant Size

$20K

+15.0% YoY

Under IRS private-foundation payout rules, Russell and Jane Stern Charitable Foundation reported a distributable amount of $529K for 2024 — the minimum it must pay out in qualifying distributions.

Is Russell and Jane Stern Charitable Foundation open to new grantees?

23%

first-time grantees, 2024

In 2024, 7 of 31 grantees (23%) were first-time recipients. First grants averaged $26K; repeat grants $19K. How we count

Medians: $25K first-time, $10K repeat.

  • 65% of 2024 grantees were also funded in 2023. Method
  • Giving grew 61% from 2021 to 2024. Method
  • In 2024 it paid out 119% of its IRS minimum distribution (the 5% rule). 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.

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

Mission & Focus Areas

The foundation’s mission is not stated in the available information. Its grants include support for education and scholarships, youth programs, refugee assistance, meals for older adults, and services for underserved residents.

Grantee missions illustrate the range of organizations supported. Project LIFT describes its work as helping at-risk teens and their families through substance-use treatment, mental health counseling, mentoring, and vocational training. HIAS describes its mission as welcoming and supporting refugees. The Boys & Girls Club of Martin County focuses on helping young people reach their potential, while The Banner Lake Club says it works to address intergenerational poverty and guide families toward self-sufficiency.

Grantmaking

In 2024, the foundation made 31 grants totaling $629,990. Awards ranged from $65 to $100,000, with a median grant of $10,000. Its largest awards were $100,000 each to HIAS, for refugee assistance, and Project LIFT, for a high school diploma program in Hobe Sound. Other notable grants included $60,000 to the Boys & Girls Club of Martin County for after-school and summer programs; $53,000 to Saint Peter’s University for the Saint Peter Fund; and $50,000 each to the Council on Aging of Martin County for its Meals on Wheels program and The Banner Lake Club for social and educational support for children.

How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

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Geographic Focus

Where this funder awards grants

In 2024, Florida recipients received 60% of grant dollars, followed by Maryland (16%), New York (15%), and New Jersey (8%). Pennsylvania accounted for 0% as reported in the filing.

Grant Distribution by State

9states

Share of 2024 grant dollars across all 31 itemized grants.

Cities

StuartPort WashingtomHobe SoundNew YorkPalm CityJersey CityArlingtonNew Hyde ParkAlbertsonFort PierceNorthamptonJenson BeachWashingtonBethpageBostonBriarcliff ManorBroomallEast HillsForest HillsGlen Cove

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K25 grants2020 21 grants2021 26 grants2022 29 grants2023 31 grants2024

From 2020 to 2024, annual grant giving ranged from $391K (2020) to $630K (2024). In 2024 it made 31 grants totaling $630K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Hias: $100KHias$100KProject Lift: $100KProject Lift$100KBoys & Girls Club of Martin County: $60KBoys & Girls Club of MartinCounty$60KSaint Peter's University: $53KSaint Peter's University$53KCouncil on Aging of Martin County: $50KCouncil on Aging of MartinCounty$50KThe Banner Lake Club Inc: $50KThe Banner Lake Club Inc$50KHouse of Hope: $26KHouse of Hope$26KBig Brothers Big Sisters of Long Island: $25KBig Brothers Big Sisters ofLong Island$25KFriends of Volunteers in Medicine Clinic Inc: $25KFriends of Volunteers inMedicine Clinic Inc$25KGlen Cove Boys & Girls Club at Lincoln House: $25KGlen Cove Boys & Girls Club atLincoln House$25K

The largest 2024 recipient was Hias ($100K). Together the top 10 received $514K.

Grant Size Distribution

132 grants across all recorded years

115<$50K11$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 115 grants of 132 (87%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Hias Silver Spring, MDTo protect refugees whose lives are in danger and help them rebuid their lives$100,000
Project Lift Palm City, FLHigh School Diploma Program in Hobe Sound$100,000
Boys & Girls Club of Martin County Hobe Sound, FLTo Fund After School and Summer Programs$60,000
Saint Peter's University Jersey City, NJThe Saint Peter Fund$53,000
Council on Aging of Martin County Stuart, FLKane Center - Meals on Wheels Program$50,000
The Banner Lake Club Inc Hobe Sound, FLTo support the banner lake community with social and educational support for children$50,000
House of Hope Stuart, FLTo help fund financial assistance for Matin county residents$26,000
Big Brothers Big Sisters of Long Island Westbury, NYTo Support the Mission of Mentoring Services$25,000
Friends of Volunteers in Medicine Clinic Inc Stuart, FLTo support funding for wellness programs for under-served people in Martin county, fl$25,000
Glen Cove Boys & Girls Club at Lincoln House Glen Cove, NYTo Support General Operating Expenses of the Organization$25,000

Financial History

Multi-year comparison from IRS filings

Filing year Grant total Number of grants
2024 $629,990 31
2023 $512,300 29
2022 $484,715 26
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$8,028,649$5,712,426$3,641,348
Revenue$2,999,191$2,590,145$20,043
Expenses$682,968$519,067$494,797
Qualifying Distributions$632,415$3,147,521$484,715
Net Investment Income$2,712,861$1,674,656$26,609
Distributable Amount$529,445$202,637$236,028

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 5, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 7, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

Russell Stern is listed as a trustee on the 2024 filing.

Russell and Jane Stern Charitable Foundation is led by Russell Stern, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Russell Stern

    Trustee

    On filings since 2020

    0.5 hrs/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: 6340 Se Harbor Circle, Stuart, FL 34996-1921
Phone: (772) 225-2677

Frequently asked questions about Russell and Jane Stern Charitable Foundation

How much does Russell and Jane Stern Charitable Foundation give each year?

Russell and Jane Stern Charitable Foundation gave $630K across 31 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $512K across 29 grants.

What is Russell and Jane Stern Charitable Foundation's typical grant size?

Russell and Jane Stern Charitable Foundation's median grant in 2024 was $10,000, and its average grant was $20,322, across 31 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Russell and Jane Stern Charitable Foundation that year got $26K on average.

Where does Russell and Jane Stern Charitable Foundation give grants?

Russell and Jane Stern Charitable Foundation gives mostly in Florida: 60% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Maryland (16%) and New York (15%). The most frequent recipient cities were Stuart, FL (9 grants), Port Washingtom, NY (6 grants), Hobe Sound, FL (2 grants) and Palm City, FL (2 grants).

Does Russell and Jane Stern Charitable Foundation give general operating support?

Occasionally: 3% of Russell and Jane Stern Charitable Foundation's 2024 grants with a stated purpose (1 of 31) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Russell and Jane Stern Charitable Foundation's largest grantees?

Russell and Jane Stern Charitable Foundation's largest 2024 grantees include Hias ($100,000), Project Lift ($100,000) and Boys & Girls Club of Martin County ($60,000), according to its 2024 IRS Form 990-PF. Together they received 41% of its itemized 2024 grant dollars.

How large is Russell and Jane Stern Charitable Foundation?

Russell and Jane Stern Charitable Foundation reported $8.0M in total assets on its 2024 IRS Form 990-PF. It paid out $632K in qualifying distributions that year, against a required minimum of $529K (roughly 5% of its investment assets).

What does Russell and Jane Stern Charitable Foundation fund?

The foundation’s mission is not stated in the available information. Its grants include support for education and scholarships, youth programs, refugee assistance, meals for older adults, and services for underserved residents. See mission & focus areas ↑

How do I apply for a grant from Russell and Jane Stern Charitable Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Russell and Jane Stern Charitable Foundation's EIN?

Russell and Jane Stern Charitable Foundation's EIN (Employer Identification Number) is 46-3259132. IRS Form 990 filing data is available on this page for 2020–2024.

Does Russell and Jane Stern Charitable Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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