Stern Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKLIN, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $321K in total assets. In 2024, it awarded 19 grants totaling $47K. Net investment income was $28K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$321K
-5.7% YoY
Annual Giving
$47K
-29.2% YoY
Grant Count
19
+18.8% YoY
Avg Grant Size
$2K
-40.4% YoY
Under IRS private-foundation payout rules, Stern Family Foundation reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
About Stern Family Foundation
Based on IRS filings
Stern Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKLIN, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $321K in total assets. In 2024, it awarded 19 grants totaling $47K. Net investment income was $28K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $321,381 | $340,722 | $376,315 |
| Revenue | $29,457 | $33,893 | $18,845 |
| Expenses | $48,969 | $69,486 | $44,226 |
| Qualifying Distributions | $47,004 | $66,431 | $40,134 |
| Net Investment Income | $27,552 | $31,932 | $16,627 |
| Distributable Amount | $17,005 | $16,833 | $20,196 |
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
97 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Conservative Synagogue Adath Israel of Riverdale ($12,000), Brilliant Detroit ($10,000), Temple Israel ($8,434).
| Recipient | Purpose | Amount |
|---|---|---|
| BRILLIANT DETROIT DETROIT, MI | TO SUPPORT CHILDREN'S HEALTH AND EDUCATION | $10,000 |
| DANA-FARBER JIMMY FUND BOSTON, MA | TO SUPPORT CANCER RESEARCH | $500 |
| DOWNTOWN BOXING GYM DETROIT, MI | TO SUPPORT CHILDREN'S EDUCATION | $529 |
| JDRF SOUTHFIELD, MI | TO SUPPORT DIABETES RESEARCH | $1,020 |
| JEWISH FEDERATION OF METROPOLITAN DETROIT BLOOMFIELD HILLS, MI | TO SUPPORT COMMUNITY DEVELOPMENT | $3,785 |
| REPAIR THE WORLD NEW YORK, NY | TO SUPPORT COMMUNITY DEVELOPMENT | $3,182 |
| TEMPLE ISRAEL WEST BLOOMFIELD, MI | TO SUPPORT RELIGIOUS PROGRAMS | $8,434 |
| THE FRIENDSHIP CIRCLE WEST BLOOMFIELD, MI | TO PROVIDE ASSISTANCE TO SPECIAL NEEDS CHILDREN | $1,800 |
| WDET DETROIT, MI | TO SUPPORT PUBLIC RADIO | $480 |
| NATIONAL ABLITY CENTER PARK CITY, UT | TO SUPPORT COMMUNITY DEVELOPMENT | $1,036 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SCOTT STERN | PRESIDENT, TREASURER, DIRE | 5 | — |
| LISA STERN | VICE PRES, SECRETARY, DIRE | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Stern Family Foundation?
Stern Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKLIN, MI. It holds $321K in total assets as of 2024.
How large is Stern Family Foundation?
As of 2024, Stern Family Foundation holds $321K in total assets with $29K in annual revenue. It awarded 19 grants totaling $47K in 2024.
Where does Stern Family Foundation operate?
Stern Family Foundation has awarded grants in California, Connecticut, Florida, Iowa, Illinois, Massachusetts, Michigan, New Jersey, New York, Utah, Virginia, Vermont, Wisconsin.
What size grants does Stern Family Foundation award?
In 2024, Stern Family Foundation awarded 19 grants totaling $47K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Stern Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Stern Family Foundation reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Stern Family Foundation's EIN?
Stern Family Foundation's EIN (Employer Identification Number) is 26-3479263. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Stern Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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