The Herbert and Marsha Stern is a private foundation focused on Education, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $44K in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $246.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$44K
+0.6% YoY
Annual Giving
$5K
+66.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$5K
+66.7% YoY
Under IRS private-foundation payout rules, The Herbert and Marsha Stern reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About The Herbert and Marsha Stern
Based on IRS filings
The Herbert and Marsha Stern is a private foundation focused on Education, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $44K in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $246.
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 | $44,176 | $43,930 | $43,770 |
| Revenue | $5,396 | $3,380 | $2,864 |
| Expenses | $5,150 | $3,220 | $3,150 |
| Qualifying Distributions | $5,000 | $3,000 | $3,000 |
| Net Investment Income | $246 | $230 | $214 |
| Distributable Amount | $4,110 | $3,428 | $3,135 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hebrew Free Loan Society ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HEBREW FREE LOAN SOCIETY NEW YORK, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HERBERT J STERN | PRESIDENT | 1 | — |
| KEVIN M KILCULLEN | VICE PRESIDENT | 1 | — |
| MARSHA K STERN | SECRETARY & TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Herbert and Marsha Stern?
The Herbert and Marsha Stern is a private foundation focused on Education, based in PALM BEACH GARDENS, FL. It holds $44K in total assets as of 2024.
How large is The Herbert and Marsha Stern?
As of 2024, The Herbert and Marsha Stern holds $44K in total assets with $5K in annual revenue. It awarded 1 grants totaling $5K in 2024.
Where does The Herbert and Marsha Stern operate?
The Herbert and Marsha Stern has awarded grants in Florida, New York.
What size grants does The Herbert and Marsha Stern award?
In 2024, The Herbert and Marsha Stern awarded 1 grants totaling $5K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Herbert and Marsha Stern required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Herbert and Marsha Stern reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Herbert and Marsha Stern's EIN?
The Herbert and Marsha Stern's EIN (Employer Identification Number) is 84-5041067. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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