Thomas D & Denise R Stern Family

NEW YORK, NY EIN: 13-4195656

The Thomas D and Denise R Stern Family Foundation is a private family foundation established in December 2001 and based in New York, NY. The foundation operates as an independent charitable organization with tax-exempt status.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.8M

+16.2% YoY

Annual Giving

$1.5M

-3.4% YoY

Grant Count

+14.3% YoY

Avg Grant Size

$185K

-15.5% YoY

Under IRS private-foundation payout rules, Thomas D & Denise R Stern Family reported a distributable amount of $809K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities include:

Diabetes and medical research
Jewish organizations and education
Human services
Philanthropy, voluntarism, and grantmaking

Grantmaking

The foundation only makes contributions to preselected charitable organizations and does not accept unsolicited applications for funds. No confirmed application deadlines are provided.

Review Cycle

are provided.

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily funds initiatives in New York, Florida, and Washington.

Grant Distribution by State

New York $5.3M (76%)

Washington $1.1M (15%)

Massachusetts $265K (4%)

New Hampshire $235K (3%)

Florida $75K (1%)

District of Columbia $35K (0%)

Nevada $18K (0%)

Illinois $10K (0%)

+1 more states

States

California District of Columbia Florida Illinois Massachusetts New Hampshire Nevada New York Washington

Cities

AgawamBostonChappaquaHanoverLas VegasMiamiNeedhamNew YorkNorthfieldQuincySan FrancisoSeattleSpring ValleyWashington

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending December 2023:

Total assets: $9,265,931
Total giving: $1,535,000
Total revenues: $650,780
Total expenses: $1,669,637
Investment income and dividends: $90,873
Net gain from sale of non-inventory assets: $559,157

Staffing: The foundation has no paid employees and operates with limited staffing, relying on volunteer trustees.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$10,765,376	$9,265,931	$10,284,788
Revenue	$3,145,375	$650,780	$427,394
Expenses	$1,645,930	$1,669,637	$1,697,565
Qualifying Distributions	$1,483,750	$1,535,750	$1,410,750
Net Investment Income	$3,018,195	$532,600	$147,977
Distributable Amount	$808,857	$739,529	$786,333

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

50 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Birthright Israel Foundation ($1,000,000), Brothers for Life ($400,000), Chabad at Dartmouth ($35,000).

Recipient	Purpose	Amount
BROTHERS FOR LIFE SEATTLE, WA	CHARITABLE	$400,000
CHABAD AT DARTMOUTH HANOVER, NH	CHARITABLE	$35,000
FRIENDS OF UNITED HATZALAH OF ISRAEL NEW YORK, NY	CHARITABLE	$18,000
STACY JOY GOODMAN MEMORIAL FUND MIAMI, FL	CHARITABLE	$10,000
THE BIRTHRIGHT ISRAEL FOUNDATION NEW YORK, NY	CHARITABLE	$1,000,000
UNION OF ORTHODOX JEWISH CONGREGATIONS OF AMERICA NEW YORK, NY	CHARITABLE	$5,000
INTERNATIONAL LONE SOLDIERS INC SPRING VALLEY, NY	CHARITABLE	$10,000
YOUTH RENEWAL FUND NEW YORK, NY	CHARITABLE	$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

Thomas D. Stern – Trustee (2 hours/week, no compensation)
Denise R. Stern – Trustee (2 hours/week, no compensation)

Thomas D. Stern is identified as the foundation's major donor.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
THOMAS D STERN	TRUSTEE	2	—
DENISE R STERN	TRUSTEE	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Thomas D & Denise R Stern Family fund?

The foundation's giving priorities include: • Diabetes and medical research • Jewish organizations and education • Human services • Philanthropy, voluntarism, and grantmaking

How do I apply for a grant from Thomas D & Denise R Stern Family?

**Grant Characteristics:** • Typical award range: $2,500–$1,000,000 • Median grant amount: $30,000 • Recent grant activity shows 7 grants made **Recent Grants (2023):** • Birthright Israel Foundation: $1,000,000 • Greater Miami Jewish Federation: $50,000 • Chabad at Dartmouth: $30,000 **Application Process:** The foundation only makes contributions to preselected charitable organizations and does not accept unsolicited applications for funds. No confirmed application deadlines are provided.

Where does Thomas D & Denise R Stern Family make grants?

The foundation primarily funds initiatives in New York, Florida, and Washington.

What size grants does Thomas D & Denise R Stern Family award?

In 2024, Thomas D & Denise R Stern Family awarded 8 grants totaling $1.5M — an average of about $185K per grant, based on its IRS Form 990 filings.

How much is Thomas D & Denise R Stern Family required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Thomas D & Denise R Stern Family reported a distributable amount of $809K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Thomas D & Denise R Stern Family's EIN?

Thomas D & Denise R Stern Family's EIN (Employer Identification Number) is 13-4195656. IRS Form 990 filing data is available on this page for 2020–2024.