Steger Family Foundation Inc

MARTINSVILLE, NJ EIN: 02-0730378

Steger Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARTINSVILLE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 12 grants totaling $85K. Net investment income was $240K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

+6.3% YoY

Annual Giving

$85K

+18.3% YoY

Grant Count

12

-25.0% YoY

Avg Grant Size

$7K

+57.7% YoY

Under IRS private-foundation payout rules, Steger Family Foundation Inc reported a distributable amount of $141K for 2024 — the minimum it must pay out in qualifying distributions.

About Steger Family Foundation Inc

Based on IRS filings

Steger Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARTINSVILLE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 12 grants totaling $85K. Net investment income was $240K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BethesdaBridgewaterBronzBrooklynFairfieldNew BrunswickNew YorkPhiladelphiaPotomacSan FranciscoSomervilleTrentonWingdale

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$157K$314K$472K$629K20202021202220232024
Metric202420232022
Total Assets$2,130,187$2,004,868$2,095,305
Revenue$239,985$90,255$37,278
Expenses$114,666$180,692$133,319
Qualifying Distributions$113,380$180,163$132,592
Net Investment Income$239,985$90,255$36,891
Distributable Amount$141,253$3,824$131,836

Giving Over Time

Total grant dollars and number of grants per year

$0$49K$99K$148K$198K19 grants202017 grants202121 grants202216 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SHIMON & SARA BIRNBAUM J…$46KJEWISH FAMILY SERVICES O…$12KNJY CAMPS$10KNEW YORK BLOOD CENTER$5KSAVE A CHILD'S HEART$2KAPLASTIC ANEMIA FOUNDATION$2KMDS FOUNDATION$2KRIVERSIDE PARK CONSERVANCY$2KCONGREGATION RAMATH ORAH$1KAMERICAN FRIENDS OF MEIR…$1K

Grant Size Distribution

85 grants across all recorded years

84<$50K$50–100K1$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 Shimon & Sara Birnbaum Jewish Community Center ($46,000), Jewish Family Services of Somerset Hunterdon and Warren Counties ($12,000), Njy Camps ($10,000).

RecipientPurposeAmount
AMERICAN FRIENDS OF MEIR PANIM BROOKLYN, NYGENERAL SUPPORT OF PROGRAMS$1,000
APLASTIC ANEMIA FOUNDATION BETHESDA, MDGENERAL SUPPORT OF PROGRAMS$2,000
CONGREGATION RAMATH ORAH NEW YORK, NYGENERAL SUPPORT OF PROGRAMS$1,025
IMPACT ISRAEL BETHESDA, MDGENERAL SUPPORT OF PROGRAMS$1,000
JEWISH FAMILY SERVICES OF SOMERSET HUNTERDON AND WARREN COUNTIES SOMERVILLE, NJGENERAL SUPPORT OF PROGRAMS$12,000
MDS FOUNDATION TRENTON, NJGENERAL SUPPORT OF PROGRAMS$2,000
NEW YORK BLOOD CENTER NEW YORK, NYGENERAL SUPPORT OF PROGRAMS$5,000
NJY CAMPS FAIRFIELD, NJGENERAL SUPPORT OF PROGRAMS$10,000
RIVERSIDE PARK CONSERVANCY NEW YORK, NYGENERAL SUPPORT OF PROGRAMS$1,500
SALANTER AKIBA RIVERDALE ACADEMY BRONZ, NYGENERAL SUPPORT OF PROGRAMS$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DORON STEGERPRESIDENT2
SHERRY STEGERVICE-PRESIDENT/CFO2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Steger Family Foundation Inc?

Steger Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARTINSVILLE, NJ. It holds $2.1M in total assets as of 2024.

How large is Steger Family Foundation Inc?

As of 2024, Steger Family Foundation Inc holds $2.1M in total assets with $240K in annual revenue. It awarded 12 grants totaling $85K in 2024.

Where does Steger Family Foundation Inc operate?

Steger Family Foundation Inc has awarded grants in California, Maryland, New Jersey, New York, Pennsylvania.

What size grants does Steger Family Foundation Inc award?

In 2024, Steger Family Foundation Inc awarded 12 grants totaling $85K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Steger Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Steger Family Foundation Inc reported a distributable amount of $141K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Steger Family Foundation Inc's EIN?

Steger Family Foundation Inc's EIN (Employer Identification Number) is 02-0730378. IRS Form 990 filing data is available on this page for 2020–2024.

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

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