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. Alex Stern 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 12/2021, Alex Stern Family Foundation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.0% each year . All expenses for the organization totaled $610.9k during the year ending 12/2021. While expenses have increased by 3.9% per year over the past 4 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 165 individual grants totaling $1,569,418. 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.

Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Dan Carey
Trustee
$0
Rondi Mcgovern
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $96,412
Dividends & Interest $200,395
Net Rental Income$0
Net Gain on Sale of Assets $1,260,625
Capital Gain Net Income $26,370
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $44,324
Total Revenue $1,601,756

Grants Awarded

Over the last fiscal year, Alex Stern Family Foundation has awarded $546,644 in support to 55 organizations.

Grant RecipientAmount

IMPACT FOUNDATION

Org PageRecipient Profile

Fargo, ND

PURPOSE: COMMUNITY BENEFIT FUND

$105,000

IMPACT FOUNDATION

Org PageRecipient Profile

Fargo, ND

PURPOSE: GIVING HEARTS

$75,000

FARGO PARKS & RECREATION

PURPOSE: GENERAL OPERATING SUPPORT

$20,000

SOLUTIONS HEALTHCARE PROFESSIONALS

PURPOSE: GENERAL OPERATING SUPPORT

$20,000

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
View Grant Profile

Create an account to unlock the data you need.

or