The Barry and Mimi Sternlicht Foundation
The Barry and Mimi Sternlicht Foundation is a private independent foundation established in 2017 and based in Wilmington, Delaware. The foundation is a 501(c)(3) tax-exempt organization with no employees, operating as a grantmaking foundation that distributes funds based on the personal commitments and interests of its founders.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$52.4M
-2.8% YoY
Annual Giving
$2.8M
+2.9% YoY
Grant Count
78
-10.3% YoY
Avg Grant Size
$35K
+14.8% YoY
Under IRS private-foundation payout rules, The Barry and Mimi Sternlicht Foundation reported a distributable amount of $3.0M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation has not provided a formal mission statement. However, its grantmaking demonstrates focus across multiple areas including:
- Jewish causes and humanitarian relief, with particular emphasis on Israel-related initiatives
- Diabetes research, specifically Type 1 diabetes
- Education
- Global development
- Health
- Arts and culture
- Historic preservation
- Emergency humanitarian response
Recent giving has emphasized emergency humanitarian response, with substantial grants supporting relief efforts related to the Israel-Gaza crisis.
Grantmaking
The foundation does not accept unsolicited applications. Grantmaking is conducted through trustee discretion, with organizations being preselected. Contact information is not publicly available.
Grant Range
$1,000 to $250,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation maintains a national focus within the United States, with particular emphasis on the New York area. It has funded projects across numerous states including California, Florida, Illinois, Maryland, New Jersey, New York, Pennsylvania, Texas, Virginia, and others.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $52,357,794
- Total revenues: $1,421,421
- Total expenses: $2,926,650
- Total liabilities: $0
Historical Data (2023):
- Total assets: $53.9 million
- Total revenues: $2.21 million
- Total expenses: $2.82 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $52,357,794 | $53,863,023 | $54,477,112 |
| Revenue | $1,421,421 | $2,208,991 | $13,006,346 |
| Expenses | $2,926,650 | $2,823,080 | $3,661,398 |
| Qualifying Distributions | $2,866,165 | $2,786,638 | $3,394,534 |
| Net Investment Income | $2,356,897 | $2,237,958 | $18,049,259 |
| Distributable Amount | $3,019,717 | $2,872,460 | $2,845,131 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Impactassets Inc ($244,000), National Philanthropic Trust ($244,000), American Friends of Magen David Adom ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACHIEVE MIAMI INC MIAMI, FL | General & Unrestricted | $10,000 |
| AMERICAN FRIENDS OF MAGEN DAVID ADOM NEW YORK, NY | Charitable Event | $100,000 |
| BARD COLLEGE ANNANDALEONHUDSON, NY | BARD PRISON INITIATIVE | $20,000 |
| BENEATH THE WAVES INC BOSTON, MA | General & Unrestricted | $20,000 |
| BOYS CLUB OF NEW YORK INC NEW YORK, NY | Annual Campaign | $10,000 |
| BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATI NEW YORK, NY | Breaking Ground's annual Thanksgiving Campaign and General Purpose Fund | $30,000 |
| BREAKTHROUGH T1D HAGERSTOWN, MD | Advancing Discovery Fund - to accelerate research and develop cures and better treatments for T1D | $100,000 |
| CAMELBACK VENTURES INC GARDEN CITY, ID | NEW FUND LAUNCHING | $5,000 |
| CAREER RESOURCES INC BRIDGEPORT, CT | BRIDGE ON MAIN RE-ENTRY CENTER PROJECT | $25,000 |
| CAREER RESOURCES INC BRIDGEPORT, CT | UNION AVENUE HOUSING PROJECT | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Barry Sternlicht — President and Director; serves without compensation
- Miriam Klein Sternlicht — Director, Secretary, and Vice President; serves without compensation
Barry Sternlicht is the CEO of Starwood Capital Group.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Barry Sternlicht | Pres, Dir | 1 | — |
| Miriam Klein Sternlicht | Dir, Sec, VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Barry and Mimi Sternlicht Foundation fund?
The foundation has not provided a formal mission statement. However, its grantmaking demonstrates focus across multiple areas including: • Jewish causes and humanitarian relief, with particular emphasis on Israel-related initiatives • Diabetes research, specifically Type 1 diabetes • Education • Global development • Health • Arts and culture • Historic preservation • Emergency humanitarian response Recent giving has emphasized emergency humanitarian response, with substantial grants supporting …
How do I apply for a grant from The Barry and Mimi Sternlicht Foundation?
**Grant Activity:** • Made 87 grants in 2024 • Total giving: approximately $2.7 million annually • Grant range: $1,000 to $250,000 • Median grant size: $25,000 **Application Process:** The foundation does not accept unsolicited applications. Grantmaking is conducted through trustee discretion, with organizations being preselected. Contact information is not publicly available. **Recent Grantees (2024):** • National Philanthropic Trust (Sternlicht Family Foundation Fund): $244,000 • ImpactAssets…
Where does The Barry and Mimi Sternlicht Foundation make grants?
The foundation maintains a national focus within the United States, with particular emphasis on the New York area. It has funded projects across numerous states including California, Florida, Illinois, Maryland, New Jersey, New York, Pennsylvania, Texas, Virginia, and others.
What size grants does The Barry and Mimi Sternlicht Foundation award?
In 2024, The Barry and Mimi Sternlicht Foundation awarded 78 grants totaling $2.8M — an average of about $35K per grant, based on its IRS Form 990 filings.
How much is The Barry and Mimi Sternlicht Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Barry and Mimi Sternlicht Foundation reported a distributable amount of $3.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Barry and Mimi Sternlicht Foundation's EIN?
The Barry and Mimi Sternlicht Foundation's EIN (Employer Identification Number) is 81-3797200. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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