The Stecher Family Foundation
- Assets
- $3.0m
- Revenue
- $78.4k
- Investments
- $3.0m
- Employees
- 0
- Location
- Albany, NY
- Founding
- 03/1998
- Data as of
- 07/2024
- EIN
- 13-3918278
Organization Overview
The Stecher Family Foundation is located in Albany, NY. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public 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. Stecher Family 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 07/2024, Stecher Family Foundation generated $78.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $209.2k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2023, Stecher Family Foundation has awarded 30 individual grants totaling $215,970. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie B W Stecher Trustee | 1 | $0 | |
Rebecca Diamond Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,415 |
| Dividends & Interest | $69,502 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,463 |
| Capital Gain Net Income | $6,463 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $78,380 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,053 |
| Taxes | $211 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $25,069 |
| Contributions, gifts, grants paid | $184,180 |
| Total expenses and disbursements | $209,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $35,596 |
| Net Accounts receivable | $0 |
| 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 | $1,920,973 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,989,671 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, The Stecher Family Foundation has awarded $215,970 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
BLACKBERRY FARM FOUNDATION PURPOSE: CHARITABLE | $500 |
BEYOND CELIAC PURPOSE: CHARITABLE | $500 |
BROWN UNIVERSITY PURPOSE: CHARITABLE | $1,000 |
BROWN RISD HILLEL FOUNDATION PURPOSE: CHARITABLE | $250 |
BROOKLYN CHILDREN'S MUSEUM PURPOSE: CHARITABLE | $500 |
CENTER FOR HEARING & COMMUNICATION PURPOSE: CHARITABLE | $1,000 |