Alex Stern Family Foundation

Organization Overview

Alex Stern Family Foundation is located in Fargo, ND. The organization was established in 1964. 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.

For the year ending 12/2020, Alex Stern Family Foundation generated $745.9k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $591.2k during the year ending 12/2020. While expenses have increased by 6.3% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Alex Stern Family Foundation has awarded 55 individual grants totaling $511,387. 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)Compensation
Rondi Mcgovern
Trustee
$0
Dan Carey
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $99,353
Dividends & Interest $177,459
Net Rental Income$0
Net Gain on Sale of Assets $430,675
Capital Gain Net Income $6,569
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $38,446
Total Revenue $745,933

Grants Awarded

Over the last fiscal year, Alex Stern Family Foundation has awarded $511,387 in support to 55 organizations.

Grant RecipientAmount

IMPACT FOUNDATION

Org PageRecipient Profile

Fargo, ND

PURPOSE: GIVING HEARTS

$200,000

VALLEY CITY STATE UNIVERSITY

Org PageRecipient Profile

Valley City, ND

PURPOSE: SCHOLARSHIPS

$14,286

MAYVILLE STATE UNIVERSITY

Org PageRecipient Profile

Mayville, ND

PURPOSE: SCHOLARSHIPS

$14,286

ND STATE SCHOOL OF SCIENCE

PURPOSE: SCHOLARHIPS

$14,286

UNIVERSITY OF ND

PURPOSE: SCHOLARSHIPS

$14,286

MOORHEAD TECHNICAL COLLEGE

PURPOSE: SCHOLARSHIPS

$10,000
View Grant Profile

Peer Organizations

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