Judy And Michael Steinhardt Foundation is located in New York, NY. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Judy And Michael Steinhardt Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Judy And Michael Steinhardt Foundation generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 69.3% each year . All expenses for the organization totaled $2.5m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Judy And Michael Steinhardt Foundation has awarded 79 individual grants totaling $6,528,190. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Steinhardt Trustee | 0 | $0 | |
Judith Steinhardt Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,750,420 |
| Interest on Savings | $1,389 |
| Dividends & Interest | $228,060 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $513,329 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,979,869 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $420 |
| Total operating and administrative expenses | $420 |
| Contributions, gifts, grants paid | $2,450,000 |
| Total expenses and disbursements | $2,450,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $170,776 |
| Net Accounts receivable | $9,120 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,064,320 |
| Accounts payable and accrued expenses | $23 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $23 |
Over the last fiscal year, Judy And Michael Steinhardt Foundation has awarded $2,450,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
STEINHARDT FAMILY FOUNDATION PURPOSE: TO AID DONEE IN FULFILLING THEIR TAX EXEMPT PURPOSE | $450,000 |
STEINHARDT FAMILY FOUNDATION PURPOSE: TO AID DONEE IN FULFILLING THEIR TAX EXEMPT PURPOSE | $500,000 |
STEINHARDT FAMILY FOUNDATION PURPOSE: TO AID DONEE IN FULFILLING THEIR TAX EXEMPT PURPOSE | $500,000 |
STEINHARDT FAMILY FOUNDATION PURPOSE: TO AID DONEE IN FULFILLING THEIR TAX EXEMPT PURPOSE | $750,000 |
STEINHARDT FAMILY FOUNDATION PURPOSE: TO AID DONEE IN FULFILLING THEIR TAX EXEMPT PURPOSE | $250,000 |