Sternberg Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEMPHIS, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 23 grants totaling $86K. Net investment income was $55K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
-2.7% YoY
Annual Giving
$86K
+11.0% YoY
Grant Count
23
-4.2% YoY
Avg Grant Size
$4K
+15.8% YoY
Under IRS private-foundation payout rules, Sternberg Charitable Foundation reported a distributable amount of $90K for 2024 — the minimum it must pay out in qualifying distributions.
About Sternberg Charitable Foundation
Based on IRS filings
Sternberg Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEMPHIS, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 23 grants totaling $86K. Net investment income was $55K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,765,887 | $1,814,842 | $1,647,979 |
| Revenue | $55,278 | $50,104 | $36,143 |
| Expenses | $91,401 | $84,249 | $77,676 |
| Qualifying Distributions | $89,401 | $84,249 | $76,676 |
| Net Investment Income | $55,278 | $50,104 | $36,143 |
| Distributable Amount | $89,667 | $83,128 | $79,032 |
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
120 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Civil Liberties Union ($7,522), Planned Parenthood Mar Monte ($7,522), Ruth Asawa San Francisco School of the Arts ($7,522).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CIVIL LIBERTIES UNION NEW YORK, NY | GENERAL SUPPORT | $7,522 |
| ELECTRONIC FRONTIER FOUNDATION INC SAN FRANCISCO, CA | GENERAL SUPPORT | $3,761 |
| LARKIN STREET YOUTH SERVICES SAN FRANCISCO, CA | GENERAL SUPPORT | $1,504 |
| MAKE IT HOME BAY AREA SAN JOSE, CA | GENERAL SUPPORT | $3,009 |
| MEMPHIS ZOO MEMPHIS, TN | GENERAL SUPPORT | $2,257 |
| MONTEREY BAY AQUARIUM FOUNDATION MONTEREY, CA | GENERAL SUPPORT | $2,507 |
| OPERA SAN JOSE SAN JOSE, CA | GENERAL SUPPORT | $2,507 |
| OVERTON PARK CONSERVANCY MEMPHIS, TN | GENERAL SUPPORT | $2,257 |
| PLANNED PARENTHOOD MAR MONTE SAN JOSE, CA | GENERAL SUPPORT | $7,522 |
| RAPE ABUSE & INCEST NATIONAL NETWORK WASHINGTON, DC | GENERAL SUPPORT | $1,504 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURA STERNBERG | TRUSTEE | 1 | — |
| PER ARNE NYSTROM | TRUSTEE | 1 | — |
| ELLEN REBECCA NYSTROM | TRUSTEE | 1 | — |
| MICHAEL K WAGES | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sternberg Charitable Foundation?
Sternberg Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEMPHIS, TN. It holds $1.8M in total assets as of 2024.
How large is Sternberg Charitable Foundation?
As of 2024, Sternberg Charitable Foundation holds $1.8M in total assets with $55K in annual revenue. It awarded 23 grants totaling $86K in 2024.
Where does Sternberg Charitable Foundation operate?
Sternberg Charitable Foundation has awarded grants in Alabama, California, District of Columbia, Massachusetts, Maryland, New York, Tennessee.
What size grants does Sternberg Charitable Foundation award?
In 2024, Sternberg Charitable Foundation awarded 23 grants totaling $86K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Sternberg Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sternberg Charitable Foundation reported a distributable amount of $90K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sternberg Charitable Foundation's EIN?
Sternberg Charitable Foundation's EIN (Employer Identification Number) is 26-3787429. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sternberg Charitable 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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