Funder DirectoryM K Reichert Sternlicht Foundation
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Private foundation (trust)EIN 810807556Est. 2016-03

M K Reichert Sternlicht Foundation

Wilmington, DE 198091377

Total Assets

$83.0M

FY 2023

Annual Giving

$3.7M

FY 2023

Grants Made

72

FY 2023

Avg Grant

$51K

FY 2023

Grant Range

$250–$1.1M

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$4.7M

Total Expenses

$4.4M

Qualifying Distributions

$4.0M

Distributable Amount

$3.8M

Min. Investment Return

$4.0M

Undistributed Income

$3.7M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

72 grants

Grant sizes from minimum $250 through median $20K to maximum $1.1M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2020 to 2023. Peak $4.0M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

202 grants

CAREER RESOURCES INC
$2.6M
6 grants
IMPACTASSETS INC
$1.6M
3 grants
BROWN UNIVERSITY
$600K
1 grant
GIVING BACK FUND INC
$596K
12 grants
NEW PROFIT INC
$450K
5 grants
SHINING HOPE FOR COMMUNITIES INC
$410K
5 grants
BREAKTHROUGH T1D
$400K
2 grants
HOPEWELL FUND
$300K
2 grants

Grant Size Distribution

202 grants

<$10K
100
grants
$10–50K
69
grants
$50–250K
28
grants
$250K–1M
3
grants
$1–5M
2
grants
$5M+

Geographic Focus

20 states

Connecticut
$3.5M
32% of total
New York
$2.3M
22% of total
Maryland
$1.7M
16% of total
Massachusetts
$1.1M
10% of total
Rhode Island
$709K
7% of total
District of Columbia
$520K
5% of total
California
$394K
4% of total
Illinois
$110K
1% of total
New Jersey
$80K
1% of total
Florida
$75K
1% of total

+10 more states

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M K Reichert Sternlicht Foundation — Grants, Financials & Contact | Grantivo