Strome Family Foundation
Strome Family Foundation is a private foundation, based in Miami Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 1 grant totaling $13K. Net investment income was $385K.
Strome Family Foundation at a glance
In short: Strome Family Foundation gave $13K across 1 grant in 2024 (avg $13K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $13,000
- -23.5% vs 2023
- Grants made (2024)
- 1
- -50.0% vs 2023
- Average grant
- $13,000
- +52.9% vs 2023
- Median grant
- $13,000
- Total assets
- $3,807,813
- +10.2% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Strome Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Elton John AIDS Foundation ($13K).
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 8 grants of 8 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Strome Family Foundation gives
- Giving fell 62% from 2021 to 2024. Method
- In 2024 it paid out 18% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $6K (2020) to $54K (2022). In 2024 it made 1 grant totaling $13K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Elton John AIDS Foundation New York City, NY | General | $13,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,807,813 | $416,724 | $62,516 | $13,000 | 1 | $30,895 | $385,103 | $172,532 |
| 2023 | $3,453,812 | $13,776 | $112,397 | $17,000 | 2 | $18,844 | — | $169,024 |
| 2022 | $3,552,860 | $-178,159 | $84,839 | $54,177 | 2 | $54,177 | $17,652 | $180,185 |
| 2021 | $3,815,859 | $689,905 | $59,952 | $34,530 | 1 | $34,530 | $678,374 | $161,691 |
| 2020 | $3,185,906 | $-233,470 | $23,160 | $6,175 | 2 | — | — | $110,800 |
Under IRS private-foundation payout rules, Strome Family Foundation reported a distributable amount of $173K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Strome Family Foundation is led by Mark Strome, Chairman since 2024 (on filings since 2020) — the only officer listed, and uncompensated.
Officers on the 2024 filing
Mark Strome
Chairman
Director & President → Chairman, 2024
On filings since 2020
1 hr/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.
Frequently asked questions about Strome Family Foundation
How much does Strome Family Foundation give each year?
Strome Family Foundation gave $13K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $17K across 2 grants.
How large is Strome Family Foundation?
Strome Family Foundation reported $3.8M in total assets on its 2024 IRS Form 990-PF. It paid out $31K in qualifying distributions that year, against a required minimum of $173K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Strome Family Foundation operate?
Strome Family Foundation has awarded grants in California, New York.
What is Strome Family Foundation's EIN?
Strome Family Foundation's EIN (Employer Identification Number) is 51-0646108. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Browse active grant opportunities in Strome Family Foundation's focus areas in our free grants database
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