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Nonprofit · EIN 65-1150831

B AND B STERN FOUNDATION INC

Tax-exempt · LAKE WORTH, FL 33460

Financials

$168K$212K2023$355K$284K2024$304K$534K2025
Revenue Expenses · by fiscal year end
Financials of B AND B STERN FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$303,620$533,507-$229,887$2,758,590$0$2,758,591
December 31, 2024990-PF$354,855$283,692$71,163$2,988,478$0$2,988,478
December 31, 2023990-PF$167,604$211,807-$44,203$2,917,315$0$2,917,315
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$91,361
Net gain from sales of assets
$212,259

Expenses

Grants and similar amounts paid
$381,000
Compensation of officers, directors and key employees
$95,000
Disbursements for charitable purposes
$462,613
Excise tax on investment income
$3,324

Balance sheet and other

Total assets, start of year
$2,988,478
Total assets, end of year
$2,758,590
Total liabilities, end of year
$0
Net assets, end of year
$2,758,591
Fair market value of assets
$4,364,857
Qualifying distributions
$462,613
Net investment income
$303,620

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOHN M STERN
507 N Palm Way, Lake Worth, FL 33460
DIRECTOR0$55,000
L REED CATLETT
507 N Palm Way, Lake Worth, FL 33460
DIRECTOR0$40,000
STEVEN B KAUFMAN
310 BROOKSIDE AVENUE, WYKOFF, NJ 07481
DIRECTOR0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
L REED CATLETT
507 N Palm Way, Lake Worth, FL 33460
DIRECTOR0$40,000
JOHN M STERN
507 N Palm Way, Lake Worth, FL 33460
DIRECTOR0$20,000
STEVEN B KAUFMAN
310 BROOKSIDE AVENUE, WYKOFF, NJ 07481
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
L REED CATLETT
507 N Palm Way, Lake Worth, FL 33460
DIRECTOR0$40,000
JOHN M STERN
507 N Palm Way, Lake Worth, FL 33460
DIRECTOR0$20,000
STEVEN B KAUFMAN
310 BROOKSIDE AVENUE, WYKOFF, NJ 07481
DIRECTOR0$0

Address and contacts

Address (IRS master file)
PO BOX 948, LAKE WORTH, FL 33460-0948
In care of
% JOHN M STERN
Signed the 990-PF
John Stern, Director
Phone
(561) 493-2238
Return prepared by
BDO USA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
65-1150831
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2002
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,758,590
Income (IRS master file)
$939,792

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$303,620$533,507$2,758,590XML
990-PFDecember 2024$354,855$283,692$2,988,478IRS
990-PFDecember 2023$167,604$211,807$2,917,315XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 65-1150831).

Questions about B AND B STERN FOUNDATION INC

What is the EIN of B AND B STERN FOUNDATION INC?
The employer identification number (EIN) of B AND B STERN FOUNDATION INC is 65-1150831.
Is B AND B STERN FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to B AND B STERN FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does B AND B STERN FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of B AND B STERN FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did B AND B STERN FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of B AND B STERN FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 2 received compensation from the organization, the highest $55,000 (JOHN M STERN, DIRECTOR).
How much revenue does B AND B STERN FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $303,620, expenses of $533,507 and total assets of $2,758,590 at year end.

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