Staenberg Family Foundation

Analysis

Staenberg Family Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Staenberg Family Foundation reported income of $961k and spending of $2.1m, spending 218% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.6m to $961k (-79%), an average of -32% a year. The sharpest change came in the year to December 2020, when income dropped by 68%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Staenberg Family Foundation sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within MO. Charities of a similar size with the same main cause include Givelify Give-Com Foundation ($960k), Global Projects for Peace ($961k) and Oconomowoc Area Foundation Inc ($960k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% of the total. At year end it held assets of $11.8m against liabilities of $1.2m, net assets of $10.6m.