NET WORTH: Unknown
SOURCE OF WEALTH: Venture Capitalist
JEWISH FUNDING AREAS: Education, Arts & Culture, Health, Religious
OVERVIEW: Jerome L. Stern, his wife Ellen and family move their philanthropy through the Jerome L. Stern Family Foundation. The Sterns steadily support Jewish causes through their foundation, with an eye towards education and the arts, among other areas. Much of the family's philanthropy concentrates on New York and Israel. The foundation does not appear to accept unsolicited proposals.
BACKGROUND: Jerome L. Stern is a longtime venture capitalist and owner of Jerome International Corporation. Stern keeps a low profile, but is known as a serious art collector.
EDUCATION: Stern and his family via their foundation are steady supporters of Bar-Ilan University in Israel. They've also supported outfits like American Friends of Hebrew University, Israel Children's Center, American Israel Education Foundation, as well as Yeshiva Karlin Stolin, Abraham Joshua Heschel School, and Yeshivat Maharat in New York City.
ARTS & CULTURE: The Sterns are strong art collectors and support various museums in New York City and beyond. In the Jewish community, grantees have included American Friends of Bible Lands Museum, The Jewish Museum, and American Jewish Historical Society. Another important grantee here is the Israel Museum in Jerusalem.
HEALTH: The family has supported American Committee for Shaare Zedek Medical Center, and American Friends of Magen David Adom, among others.
RELIGIOUS: Grantees have included Palm Beach Synagogue, Lincoln Square Synagogue, The Hampton Synagogue and Ohr Stone Torah.
LOOKING FORWARD: Stern keeps a low profile, and has not spoken about his philanthropy publicly, as far as we can see. Expect the family to stick with their established interest areas.
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Jerome L. Stern Family Foundation does not provide a clear avenue of contact but below is address/phone:
Jerome L. Stern Family Foundation, Inc.
270 Madison Ave., 16 Fl.
New York City, NY 10016