The Hedda Sterne Foundation Inc
The Hedda Sterne Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.9M in total assets. In 2024, it made $458K in qualifying distributions. Net investment income was $701K.
The Hedda Sterne Foundation Inc at a glance
- Total assets
- $6,879,096
- +3.2% vs 2023
- Revenue (2024)
- $763,612
- -21.4% vs 2023
- Qualifying distributions (2024)
- $457,556
- +22.7% vs 2023
- Expenses (2024)
- $540,682
- +26.7% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The Hedda Sterne Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How The Hedda Sterne Foundation Inc gives
- In 2024 it paid out 126% of its IRS minimum distribution (the 5% rule). 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 2021 to 2022, annual grant giving ranged from $1K (2021) to $2K (2022). In 2022 it made 1 grant totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Association of Art Museum Curators Foundation New York, NY | General Support | $1,500 |
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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 | $6,879,096 | $763,612 | $540,682 | — | — | $457,556 | $700,767 | $363,725 |
| 2023 | $6,663,310 | $971,044 | $426,719 | — | — | $372,776 | $917,116 | $294,227 |
| 2022 | $6,115,527 | $362,616 | $426,782 | $1,500 | 1 | $369,793 | $309,141 | $288,907 |
| 2021 | $6,179,970 | $946,956 | $404,063 | $1,000 | 1 | $313,762 | $892,691 | $283,132 |
| 2020 | $5,629,067 | $735,346 | $354,981 | — | — | — | $689,892 | $233,438 |
Under IRS private-foundation payout rules, The Hedda Sterne Foundation Inc reported a distributable amount of $364K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Hedda Sterne Foundation Inc is led by Shaina Larrivee, Executive Director on every filing since 2020; 1 of 5 officers listed in 2024 is compensated.
Officers on the 2024 filing
Shaina Larrivee
Executive Director
On filings since 2020
35 hrs/week
$101K (2020) → $145K (2024)
Sanford Hirsch
President
On filings since 2020
15 hrs/week
No compensation reported
Veronique Lindenberg
Chairperson
On filings since 2020
1 hr/week
No compensation reported
Karen Van Lengen
Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Sarah Eckhardt
Vice President
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $145K, to Shaina Larrivee (Executive Director).
Frequently asked questions about The Hedda Sterne Foundation Inc
How large is The Hedda Sterne Foundation Inc?
The Hedda Sterne Foundation Inc reported $6.9M in total assets on its 2024 IRS Form 990-PF. It paid out $458K in qualifying distributions that year, against a required minimum of $364K (roughly 5% of its investment assets).
What is The Hedda Sterne Foundation Inc?
The Hedda Sterne Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in Brooklyn, NY. It holds $6.9M in total assets as of 2024.
Where does The Hedda Sterne Foundation Inc operate?
The Hedda Sterne Foundation Inc has awarded grants in District of Columbia, New York.
What is The Hedda Sterne Foundation Inc's EIN?
The Hedda Sterne Foundation Inc's EIN (Employer Identification Number) is 46-1812072. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 5, 2025)
- IRS filings on file for fiscal years 2020–2024
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