Irvin Stern Foundation
- Assets
- $10.1m
- Revenue
- $638.1k
- Investments
- $9.1m
- Employees
- 0
- Location
- Lemont, IL
- Founding
- 04/1959
- Data as of
- 09/2023
- EIN
- 36-6047947
Organization Overview
Irvin Stern Foundation is located in Lemont, IL. The organization was established in 1959. 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. Irvin Stern Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Irvin Stern Foundation has awarded 175 individual grants totaling $3,610,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stuart Epstein Trustee | 0.25 | $0 | |
Kirsten Boncher Trustee | 0.25 | $0 | |
Heidi Boncher Trustee | 0.25 | $0 | |
Nicholas Epstein Trustee | 0.25 | $0 | |
Arthur Winter Trustee | 0.25 | $0 | |
Samantha Epstein Trustee | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Harris Associates Lp | 9/29/23 | $55,809 |
Northern Trust | 9/29/23 | $24,646 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $46,620 |
| Dividends & Interest | $245,626 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $345,813 |
| Capital Gain Net Income | $345,813 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $638,059 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $39,996 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33,028 |
| Depreciation | $1,229 |
| Occupancy | $324 |
| Travel, conferences, and meetings | $21,117 |
| Printing and publications | $0 |
| Other expenses | $13,458 |
| Total operating and administrative expenses | $227,513 |
| Contributions, gifts, grants paid | $905,000 |
| Total expenses and disbursements | $1,132,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,296 |
| Savings and temporary cash investments | $938,416 |
| 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 | $438,306 |
| Net Land, buildings, and equipment | $949 |
| Other assets | $2,262 |
| Total assets | $10,089,502 |
| 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, Irvin Stern Foundation has awarded $905,000 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
CHAPTER 510 PURPOSE: GENERAL PURPOSE | $20,000 |
UNIVERSITY OF MICHIGAN PURPOSE: GENERAL PURPOSE | $25,000 |
URBAN ALCHEMY PURPOSE: GENERAL PURPOSE | $15,000 |
UNITE AMERICA PURPOSE: GENERAL PURPOSE | $25,000 |
AMERICAN GEOGRAPHIC SOCIETY PURPOSE: GENERAL PURPOSE | $20,000 |
NOURISHING HOPE PURPOSE: GENERAL PURPOSE | $40,000 |