Walter P & Elizabeth M Stern Foundation Inc
Walter P & Elizabeth M Stern Foundation Inc is a private foundation, based in SCARSDALE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 5 grants totaling $4.3M. Net investment income was $304K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
-22.5% YoY
Annual Giving
$4.3M
+222.8% YoY
Grant Count
5
+150.0% YoY
Avg Grant Size
$863K
+29.1% YoY
Under IRS private-foundation payout rules, Walter P & Elizabeth M Stern Foundation Inc reported a distributable amount of $352K for 2024 — the minimum it must pay out in qualifying distributions.
About Walter P & Elizabeth M Stern Foundation Inc
Based on IRS filings
Walter P & Elizabeth M Stern Foundation Inc is a private foundation, based in SCARSDALE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 5 grants totaling $4.3M. Net investment income was $304K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,014,323 | $5,182,290 | $5,755,938 |
| Revenue | $221,047 | $432,055 | $572,650 |
| Expenses | $4,347,950 | $1,384,202 | $304,501 |
| Qualifying Distributions | $4,328,168 | $1,352,817 | $297,260 |
| Net Investment Income | $303,683 | $395,061 | $568,768 |
| Distributable Amount | $352,242 | $409,384 | $458,839 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Per Schedule Attached - Statement E - Non-cash ($1,517,547), Per Schedule Attached - Statement D - Non-cash ($1,389,208), Per Schedule Attached - Statement C - Non-cash ($892,552).
| Recipient | Purpose | Amount |
|---|---|---|
| PER SCHEDULE ATTACHED - STATEMENT B CASH GRANTS NEW YORK, NY | AS PER BY-LAWS OF FOUNDATION TO ORGANIZATIONS QUALIFIED UNDER IRC SECTION 501 (C) (3) | $461,025 |
| PER SCHEDULE ATTACHED - STATEMENT C - NON-CASH WHITE PLAINS, NY | AS PER BY-LAWS OF FOUNDATION TO ORGANIZATIONS QUALIFIED UNDER IRC SECTION 501 (C) (3) | $892,552 |
| PER SCHEDULE ATTACHED - STATEMENT D - NON-CASH Washington, DC | AS PER BY-LAWS OF FOUNDATION TO ORGANIZATIONS QUALIFIED UNDER IRC SECTION 501 (C) (3) | $1,389,208 |
| PER SCHEDULE ATTACHED - STATEMENT E - NON-CASH Valhalla, NY | AS PER BY-LAWS OF FOUNDATION TO ORGANIZATIONS QUALIFIED UNDER IRC SECTION 501 (C) (3) | $1,517,547 |
| PER SCHEDULE ATTACHED - STATEMENT F - NON-CASH New York, NY | AS PER BY-LAWS OF FOUNDATION TO ORGANIZATIONS QUALIFIED UNDER IRC SECTION 501 (C) (3) | $52,442 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELIZABETH M STERN | PRESIDENT | 1 | — |
| SARAH M STERN | TREASURER | 1 | — |
| WILLIAM M STERN | SECRETARY | 1 | — |
| DAVID MC STERN | VICE PRES | 1 | — |
Frequently Asked Questions
How large is Walter P & Elizabeth M Stern Foundation Inc?
As of 2024, Walter P & Elizabeth M Stern Foundation Inc holds $4.0M in total assets with $221K in annual revenue. It awarded 5 grants totaling $4.3M in 2024.
Where does Walter P & Elizabeth M Stern Foundation Inc operate?
Walter P & Elizabeth M Stern Foundation Inc has awarded grants in District of Columbia, New York.
What size grants does Walter P & Elizabeth M Stern Foundation Inc award?
In 2024, Walter P & Elizabeth M Stern Foundation Inc awarded 5 grants totaling $4.3M — an average of about $863K per grant, based on its IRS Form 990 filings.
How much is Walter P & Elizabeth M Stern Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Walter P & Elizabeth M Stern Foundation Inc reported a distributable amount of $352K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Walter P & Elizabeth M Stern Foundation Inc's EIN?
Walter P & Elizabeth M Stern Foundation Inc's EIN (Employer Identification Number) is 13-6111129. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Walter P & Elizabeth M Stern Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.