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 2025. As of 2025, the organization holds $5.6M in total assets. In 2025, it awarded 2 grants totaling $857K. Net investment income was $2.4M.
Walter P & Elizabeth M Stern Foundation Inc at a glance
In short: Walter P & Elizabeth M Stern Foundation Inc gave $857K across 2 grants in 2025 (avg $428K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $856,689
- -80.1% vs 2024
- Grants made (2025)
- 2
- -60.0% vs 2024
- Average grant
- $428,345
- -50.3% vs 2024
- Median grant
- $428,345
- Total assets
- $5,574,716
- +38.9% vs 2024
- Primary geography
- New York (71% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Walter P & Elizabeth M Stern Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
12 grants across all recorded years
The most common grant size was in the $500K–1M range: 5 grants of 12 (42%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Walter P & Elizabeth M Stern Foundation Inc gives
- Giving grew 189% from 2022 to 2025. Method
- In 2025 it paid out 287% 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 2020 to 2025, annual grant giving ranged from $257K (2020) to $4.3M (2024). In 2025 it made 2 grants totaling $857K.
Grants by year
Grant recipients and amounts by year
| 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) | $607,810 |
| Per Schedule Attached - Statement C - Non-Cash Washington, DC | As per by-laws of foundation to organizations qualified under irc section 501 (c) (3) | $248,879 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $5,574,716 | $2,365,939 | $880,017 | $856,689 | 2 | $864,664 | $2,443,657 | $301,531 |
| 2024 | $4,014,323 | $221,047 | $4,347,950 | $4,312,774 | 5 | $4,328,168 | $303,683 | $352,242 |
| 2023 | $5,182,290 | $432,055 | $1,384,202 | $1,336,180 | 2 | $1,352,817 | $395,061 | $409,384 |
| 2022 | $5,755,938 | $572,650 | $304,501 | $296,510 | 1 | $297,260 | $568,768 | $458,839 |
| 2021 | $5,731,839 | $354,757 | $638,685 | $630,284 | 2 | $634,444 | $340,529 | $487,496 |
| 2020 | $5,973,410 | $318,383 | $272,984 | $256,874 | 1 | — | $311,723 | $429,038 |
Under IRS private-foundation payout rules, Walter P & Elizabeth M Stern Foundation Inc reported a distributable amount of $302K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Walter P & Elizabeth M Stern Foundation Inc is led by Elizabeth M. Stern, President since 2022 (on filings since 2020); none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Elizabeth M. Stern
President
Secretary → President, 2022
On filings since 2020
1 hr/week
No compensation reported
David Mc Stern
Vice President
On filings since 2022
1 hr/week
No compensation reported
Sarah M. Stern
Treasurer
On filings since 2022
1 hr/week
No compensation reported
William M. Stern
Secretary
On filings since 2022
1 hr/week
No compensation reported
Former officers (1)
- Former: Walter P. Stern (2020–2022) — President · Filing note: Deceased 22722
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Walter P & Elizabeth M Stern Foundation Inc
How much does Walter P & Elizabeth M Stern Foundation Inc give each year?
Walter P & Elizabeth M Stern Foundation Inc gave $857K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4.3M across 5 grants.
How large is Walter P & Elizabeth M Stern Foundation Inc?
Walter P & Elizabeth M Stern Foundation Inc reported $5.6M in total assets on its 2025 IRS Form 990-PF. It paid out $865K in qualifying distributions that year, against a required minimum of $302K (roughly 5% of its investment assets).
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 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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 11, 2026)
- IRS filings on file for fiscal years 2020–2024
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