Stern Steven & Bonnie Foundation Inc

PALM BEACH, FL EIN: 13-6121155

The Stern Steven & Bonnie Foundation Inc is a private family foundation established in 1980 and based in Palm Beach, Florida. The foundation operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic giving across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.6M

-1.9% YoY

Annual Giving

$375K

-17.1% YoY

Grant Count

-55.2% YoY

Avg Grant Size

$29K

+84.9% YoY

Under IRS private-foundation payout rules, Stern Steven & Bonnie Foundation Inc reported a distributable amount of $284K 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 gives primarily to Jewish agencies and temples, and supports education and the arts. Funding priorities include:

Arts and culture
Performing arts, music, and opera
Education and higher education
Religion and Judaism
Philanthropy and nonprofit support
Human services

Grantmaking

Average Grant

amount varies by year

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Geographic Focus

Where this funder awards grants

The foundation funds projects across numerous U.S. cities and states, including California, Colorado, Florida, Illinois, Louisiana, Minnesota, New Jersey, New York, Tennessee, Texas, Vermont, Virginia, and Washington.

Grant Distribution by State

New York $1.4M (66%)

Florida $467K (22%)

Texas $55K (3%)

Virginia $52K (2%)

California $39K (2%)

Michigan $32K (2%)

District of Columbia $28K (1%)

Tennessee $22K (1%)

+6 more states

States

California District of Columbia Florida Illinois Louisiana Michigan New Jersey Nevada New York Tennessee Texas Virginia Vermont Washington

Cities

AlexandriaArlingtonBellaireBronxBrooklynCedahurstCedarhurstChicagoFairfieldForest HillsGrapevineHicksvilleHillsdaleJacksonvilleLake WorthLas VegasLos AngelesMcleanMemphisMiami Beach

Financial History

Multi-year comparison from IRS filings

As of 2024:

Total assets: $5,551,970
Total revenues: $393,439
Total expenses: $501,160
Total liabilities: $0
Number of employees: 0

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,551,970	$5,659,692	$5,779,645
Revenue	$393,439	$375,357	$371,081
Expenses	$501,160	$503,429	$478,685
Qualifying Distributions	$463,239	$465,311	$400,007
Net Investment Income	$364,881	$340,979	$301,487
Distributable Amount	$283,790	$273,103	$311,908

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

153 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Friends of Idf ($262,500), Palm Beach Orthodox Synagogue ($40,000), One for Israel ($25,000).

Recipient	Purpose	Amount
AJC GLOBAL JEWISH ADVOCACY NEW YORK, NY	CHARITABLE DONATION	$15,500
AMERICAN FRIENDS OF IDF NEW YORK, NY	CHARITABLE DONATION	$262,500
DUCKS UNLIMITED MEMPHIS, TN	CHARITABLE DONATION	$5,000
MORSELIFE FOUNDATION WEST PALM BEACH, FL	CHARITABLE DONATION	$10,000
PALM BEACH COUNTRY CLUB FOUNDATION PALM BEACH, FL	CHARITABLE DONATION	$2,000
PALM BEACH JEWISH FEDERATION WEST PALM BEACH, FL	CHARITABLE DONATION	$6,000
PALM BEACH ORTHODOX SYNAGOGUE WEST PALM BEACH, FL	CHARITABLE DONATION	$40,000
UNITED WAY OF PALM BEACH COUNTY WEST PALM BEACH, FL	CHARITABLE DONATION	$2,000
TULANE UNIVERSITY NEW ORLEANS, LA	CHARITABLE DONATION	$1,500
AMERICAN FRIENDS OF ATLAS KINDER FOUNDATION NEW YORK, NY	CHARITABLE DONATION	$2,500

Leadership & Key People

Leadership team and compensation from IRS filings

Steven E. Stern – President, Director, and Secretary (serves without compensation)
Bonnie Stern – Treasurer (serves without compensation)

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
STEVEN E STERN	DIRECTOR/PRESIDENT/SECRETARY	10	—
BONNIE STERN	TREASURER	5	—

Frequently Asked Questions

What does Stern Steven & Bonnie Foundation Inc fund?

The foundation gives primarily to Jewish agencies and temples, and supports education and the arts. Funding priorities include: • Arts and culture • Performing arts, music, and opera • Education and higher education • Religion and Judaism • Philanthropy and nonprofit support • Human services

How do I apply for a grant from Stern Steven & Bonnie Foundation Inc?

**Grant Activity:** • Total giving in 2024: $375,000 • Number of grants made: 44 grants (2024) • Typical award range: $250–$262,500 • Average grant amount varies by year **Recent Grantees (2024):** • American Friends of IDF Widows and Orphans Organization: $262,500 • Palm Beach Orthodox Synagogue: $40,000 • One for Israel: $25,000

Where does Stern Steven & Bonnie Foundation Inc make grants?

What size grants does Stern Steven & Bonnie Foundation Inc award?

In 2024, Stern Steven & Bonnie Foundation Inc awarded 13 grants totaling $375K — an average of about $29K per grant, based on its IRS Form 990 filings.

How much is Stern Steven & Bonnie Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Stern Steven & Bonnie Foundation Inc reported a distributable amount of $284K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Stern Steven & Bonnie Foundation Inc's EIN?

Stern Steven & Bonnie Foundation Inc's EIN (Employer Identification Number) is 13-6121155. IRS Form 990 filing data is available on this page for 2020–2024.