Stern Family Foundation

EIN 611947073

Chicago, IL 60606 |(815) 540-5401

Total Given 2020–2022
$239K
4 grants · $80K avg/year
based on 3 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$14K
typical small grants · $8K–$66K
grant size
0%
transactional · single-year
repeat
$-3
Assets (2023)
4
Distinct Recipients

About

The Board of the Foundation approved its dissolution in 2024, and the Foundation was formally dissolved on August 9, 2024. A copy of the articles of dissolution is attached. During the 2022 tax year, the Foundation distributed all remaining net assets, with a copy of the final grantees attached. The 2023 and 2024 tax years had limited activity, consisting only of minor operating expenses covered by donations.

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone (815) 540-5401

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2019 N/A $0 $0 N/A
2020 $230K $4K $240K 3
2022 $9K $122 $5K 1
2023 N/A $-3 $10 N/A
2024 N/A $0 $3K N/A

Grant Size Distribution

Based on 4 grants on record

Minimum
$6K
25th Pctl
$8K
Median
$14K
Average
$60K
75th Pctl
$66K
Maximum
$203K

Geographic Distribution

US Grant Distribution Map

Officers & Directors

KS
Kelly Stern
Vice President/Director Leadership
DS
David Stern
Chairman/President/Treasurer Leadership
JG
Joseph Goken
Secretary/Director Leadership

Grants Awarded (4 total)

Purpose
Stateline Church Rockford, IL $203,450 Exempt purpose of organization 2020
Judson University Rockford, IL $20,000 Exempt purpose of organization 2020
Rockford Christian School Rockford, IL $8,739 Exempt purpose of organization 2022
Lennox Barnett Ministries Rockford, IL $6,500 Exempt purpose of organization 2020