Sydney Stern Memorial Fund 6538-715224
- Assets
- $1.0m
- Revenue
- $76.7k
- Investments
- $989.4k
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 05/1960
- Data as of
- 12/2023
- EIN
- 95-6050141
Organization Overview
Sydney Stern Memorial Fund 6538-715224 is located in Pennington, NJ. The organization was established in 1960. 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. Sydney Stern Memorial Fund 6538-715224 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 12/2023, Sydney Stern Memorial Fund 6538-715224 generated $76.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $64.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Sydney Stern Memorial Fund 6538-715224 has awarded 77 individual grants totaling $259,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,897 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,337 |
| Capital Gain Net Income | $47,337 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $436 |
| Total Revenue | $76,670 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $551 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,150 |
| Total operating and administrative expenses | $21,161 |
| Contributions, gifts, grants paid | $43,000 |
| Total expenses and disbursements | $64,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236 |
| Savings and temporary cash investments | $19,169 |
| 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 | $989,436 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,008,841 |
| 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, Sydney Stern Memorial Fund 6538-715224 has awarded $43,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ASPCA PURPOSE: UNRESTRICTED GENERAL | $5,000 |
JEWISH FEDERATIONS OF NORTH AMERICA INC PURPOSE: UNRESTRICTED GENERAL | $3,000 |
UNITED WAY WORLDWIDE PURPOSE: UNRESTRICTED GENERAL | $2,000 |
NATIONAL JEWISH HOSPITAL PURPOSE: UNRESTRICTED GENERAL | $3,000 |
HUMANE SOCIETY OF THE UNITED STATES PURPOSE: UNRESTRICTED GENERAL | $2,000 |
MARCH OF DIMES PURPOSE: UNRESTRICTED GENERAL | $3,000 |