2025-11-13T13:12:35-05:00 2024-12-31 CBIZ Advisors LLC 730 THIRD AVENUE NEW YORK NY 10017 990PF 2024-01-01 136111129 WALTER P & ELIZABETH M STERN FOUNDATION INC % ELIZABETH STERN WALT 2126491500 20 Doris Drive SCARSDALE NY 10583 ELIZABETH STERN PRESIDENT 2126491500 2025-11-17 true true STEPHEN D LASSAR P00170441 2124855500 2025-11-17 2024 2025-03-06 01:10:19Z X 5215088 X 0 X 200306 200306 123281 156845 123281 -102540 -352 221047 323235 0 30289 15145 0 15144 5693 593 4194 3814 250 40176 19552 0 15394 4307774 4312774 4347950 19552 0 4328168 -4126903 303683 0 2132703 271101 271101 3029770 3723379 4924144 19817 19843 19843 5182290 4014323 5215088 0 0 X 5182290 4014323 5182290 4014323 5182290 4014323 5182290 -4126903 3146267 4201654 187331 4014323 1,772 SHS PUBLIC SERVICE ENT GRP P 1998-07-28 2024-12-12 153073 29614 123459 123459 PERSHING X5766 S/T COVERED-STMT G P 2024-01-01 2024-12-31 2821 2848 -27 PERSHING X5766 L/T COVERED 2023-12-31 2024-12-31 951 1129 -178 -178 123281 4221 4221 4221 6509 0 2300 8809 4588 4588 false false false false false true true true true true NY true false false false false true N/A ELIZABETH STERN 2124855500 20 DORIS DRIVE SCARSDALE NY 10583 false false false false false false false false false false false false false false false false false false false false false ELIZABETH M STERN 20 Doris Drive Scarsdale NY 10583 PRESIDENT 1.0 0 0 0 SARAH M STERN 20 Doris Drive Scarsdale NY 10583 TREASURER 1.0 0 0 0 WILLIAM M STERN 20 Doris Drive Scarsdale NY 10583 SECRETARY 1.0 0 0 0 DAVID MC STERN 20 Doris Drive Scarsdale NY 10583 VICE PRES 1.0 0 0 0 N\A 6031051 1085424 19830 7136305 0 7136305 107045 7029260 351463 351463 4221 4221 347242 5000 352242 352242 4328168 0 0 0 0 4328168 352242 0 2022 2021 2020 0 871836 871836 4328168 0 352242 3975926 4847762 0 0 0 0 4847762 871836 3975926 ELIZABETH STERN NONE ELIZABETH STERN 20 Doris Drive Scarsdale NY 10583 2126491500 IN WRITING SPECIFYING AMOUNT REQUIRED AND INTENDED USE N/A N/A PER SCHEDULE ATTACHED - STATEMENT B CASH GRANTS C/O CBIZ 730 THIRD AVENUE 11TH FLOOR NEW YORK NY 10017 NONE, SEE STATEMENT B PC AS PER BY-LAWS OF FOUNDATION TO ORGANIZATIONS QUALIFIED UNDER IRC SECTION 501 (C) (3) 461025 PER SCHEDULE ATTACHED - STATEMENT C - NON-CASH PER SCHEDULE ATTACHED - STATEMENT C 41 EAST POST ROAD WHITE PLAINS NY 10601 NONE, SEE STATEMENT C AS PER BY-LAWS OF FOUNDATION TO ORGANIZATIONS QUALIFIED UNDER IRC SECTION 501 (C) (3) 892552 PER SCHEDULE ATTACHED - STATEMENT D - NON-CASH PER SCHEDULE ATTACHED - STATEMENT D 1201 Pennsylvania Avenue NW Washington DC 20004 NONE, SEE STATEMENT D AS PER BY-LAWS OF FOUNDATION TO ORGANIZATIONS QUALIFIED UNDER IRC SECTION 501 (C) (3) 1389208 PER SCHEDULE ATTACHED - STATEMENT E - NON-CASH PER SCHEDULE ATTACHED - STATEMENT E 75 Grasslands Road Valhalla NY 10595 NONE, SEE STATEMENT E AS PER BY-LAWS OF FOUNDATION TO ORGANIZATIONS QUALIFIED UNDER IRC SECTION 501 (C) (3) 1517547 PER SCHEDULE ATTACHED - STATEMENT F - NON-CASH PER SCHEDULE ATTACHED - STATEMENT F 116 East 55th Street New York NY 10022 NONE, SEE STATEMENT F AS PER BY-LAWS OF FOUNDATION TO ORGANIZATIONS QUALIFIED UNDER IRC SECTION 501 (C) (3) 52442 4312774 14 200306 18 123281 ORDINARY LOSS-UBTI-PER ENTERPRISE PROD PRTNERS K-1 523000 -102228 MUNI INT INCOM - ENTERPRISE PROD PRTNERS K-1 523000 40 MISC INCOME 18 474 SEC 1231 LOSS - ENT PROD PARTNERS K-1 18 -826 -102188 323235 221047 false false false false false false false false false false ACCOUNTING FEES 30289 15145 15144 WHITE PLAINS HOSPITAL 41 EAST POST RD WHITE PLAINS NY 10601 NON-CASH GIFTS OF SECURITIES 9/20/24 2,280 SHARES HUMANA INC FMV 706,971 9/20/24 4,212 SHARES OF VERISON FMV 185,581 --------- TOTAL GRANT 892,552 ======== FOR ORGANIZATION'S CHARITABLE PURPOSE 892552 HUDSON INSTITUTE 1201 PENNSYLVANIA AVE NW WASHINGTON DC 20004 NON-CASH DISTRIBUTIONS OF STOCK 4/19/24 5,163 SHARES HONEYWELL FMV 996,872 12/16/24 3,750 SHARES ENTERPRISE PROD PTRNS 119,681 12/16/24 14,430 SHARES MP MATERIAL CORP 272,655 ---------- TOTAL FMV 1,389,208 ---------- FOR ORGANIZATION'S CHARITABLE PURPOSE 1389208 SUNY IMPACT FOUNDATION 116 EAST 55TH STREET NEW YORK NY 10022 NON-CASH DISTRIBUTION OF STOCK 578 SHARES PUBLIC SERVICE ENTERPRISE FMV 52,442 FOR ORGANIZATIONS' CHARITABLE PURPOSE 52442 WESTCHESTER COMMUNITY COLLEGE FDN 75 GRASSLANDS ROAD VALHALLA NY 10595 NON-CASH DISTRIBUTION OF STOCK 12/11/24 17,650 SHARES OF PEG FMV 1,517,547 FOR ORGANIZATION'S CHARITABLE PURPOSE 1517547 WHITE PLAINS HOSPITAL 41 EAST POST RD WHITE PLAINS NY 10601 CASH DISTRIBUTION 9/20/24 FOR ORGANIZATION'S CHARITABLE PURPOSE 100000 JERUSALEM INST FOR STRATEGY C/O DR CHARLES TRAVIS PO BOX 45108 JACKSONVILLE FL 32235 CASH DISTRIBUTION ON 9/23/24 FOR ORGANIZATION'S CHARITABLE PURPOSE 8783 MSSB-PER ATTACHED STMT A 2569759 3908331 AMER HIGH INC TR-PER STMT A 1153620 1015813 THIS STATEMENT IS SUBMITTED IN ACCORDANCE WITH REG. 1.6043-3(A)(1) AND FORM 990-PF GENERAL INSTRUCTION T TO REPORT THE DISTRIBUTION OF CERTAIN ASSETS THAT RESULTED IN A SUBSTANTIAL CONTRACTION OF ASSETS DURING THE YEAR AND/OR A PLAN OF DISSOLUTION. DURING 2024 THE WALTER & ELIZABETH STERN FOUNDATION ("STERN FDN") MADE SEVERAL DISTRIBUTIONS OF ASSETS FROM SOURCES OTHER THAN CURRENT INCOME. SUCH DISTRIBUTIONS REPRESENTED 49.37% OF STERN FDN'S NET ASSETS OF $8,022.115 (AS MEASURED BY FAIR MARKET VALUE) AT THE BEGINNING OF 2024. ALL OF THESE GRANTS ARE EXEMPT FROM TAXES UNDER IRC SEC. 501(C)(3) AND ARE PAID TO PUBLIC CHARITIES AS DEFINED IN IRC SEC. 170(B)(1)(A)(VI) OR 170(B)(1)(A)(II). THEY ARE NOT CONTROLLED (DIRECTLY OR INDIRECTLY) BY STERN FDN OR ANY DISQUALIFIED PERSONS WITH RESPOECT TO STERN FDN. THE DISTRIBUTIONS WERE MADE TO HELP THE ORGANIZATIONS IN THEIR CHARITABLE OR EDUCATIONAL TAX EXEMPT PURPOSE. HOWEVER, THE ORGANIZATIONS ARE UNDER NO OBLIGATION TO USE THE FUNDS IN A MANNER THAT WILL DIRECTLY BENEFIT STERN FDN. OTHER DIVIDENDS RECEIVABLE 5808 5834 5834 DUE FROM THE IRS 14009 14009 14009 MSSB STOCKS & FUNDS CAP ADJ 187331 K-1 ENTERPRISE PROD - NONDED 130 BANK FEES 28 28 OTHER DED - ENTERPRISE PROD 12 12 INVESTMENT FEES 3774 3774 NY CHAR 500 FEE 250 250 ORDINARY BUSINESS INC-UBTI-Enterprise Pr -102228 MUNICIPAL INCOME-Enterprise Prod Prtners 40 Misc Income 474 474 SEC 1231 ORD LOSS - ENT PROD PARTNERS -826 -826 NET ASSET ADJ ON DONATED SECURITIES 3146267 FOREIGN TAXES - MSSB 593 593 EXCISE TAX - 990PF 2169 EXCISE TAX - 990T 2931