Steinberg Family Foundation

Nonprofit profile at a glance

EIN
880509331
IRS 990-PF coverage
2009–2024
Forms available
Form 990-PF 2024
Location
Las Vegas, NV, USA
Phone
7022401240
Rating
90
Verdict
STRONG
Rating confidence
Standard
Sector
Corporate Foundations

Reported finances

Revenue
$797,883
Expenses
$156,913

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Corporate Foundations

What it reported funding in 2024

The foundation reported 19 grants totaling $145,712. The stated grant purposes included to support national fellowships, grants, and awards for medical students, faculty, residents and fellows. to assure the continued growth of the chapters, programs, and publication of the one-of-a-kind medical humanities journal the pharos, to provide the most advanced education for the built environment so that graduates are grounded in the full life cycle of the built environment. to teach and educate the unique intersection of business and the built environment to take an integrated education approach to the next level., and to provide a fully-inclusive and non-judgemental environment that nurtures relationships and helps to create lifelong friendshipts for individuations with disabilities., plus 16 other reported purposes.

Operating model

Revenue model
Donor-supported. 100% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 93
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 15

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 92nd percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 92.9%; rating input score 93; 79th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 6.68; rating input score 15; 15th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 15th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 14 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 19 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Endowment Health: Endowment-health comparison scored 15/100.