Stecher and Horowitz Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE STECHER AND HOROWITZ FOUNDATION IS COMMITTED TO FURTHERING THE EDUCATION, RECOGNITION AND FOSTERING OF THIS NEW GENERATION OF TALENTED YOUNG MUSICIANS.
- Income
- $136,620
- Spending
- $106,803
- Spent on programs
- 53%
- Reserves
- 40.3 months of spending
- Largest source of income
- donations and private grants, 96%
- Employees
- 0
- Volunteers
- 15
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 78 out of 100. Higher than 53% of charities in its peer group (arts and culture, under $250k).
Reserves
35 of 35Spendable reserves would cover 40.3 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 22% of income.
Income trend
0 of 15Income fell 30% on the year before.
Spending floor
8 of 1553% of spending went to programs and raising each dollar of donations cost 4 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 88 out of 100. Higher than 83% of charities in its peer group (arts and culture, under $250k).
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $56,499 spent. THE FLAGSHIP PROGRAM OF THE STECHER AND HOROWITZ FOUNDATION FROM 2002 THROUGH 2022 WAS THE NEW YORK INTERNATIONAL PIANO COMPETITION. DURING THE 20 YEARS OF ITS EXISTENCE, IT BECAME ONE OF THE MOST PRESTIGIOUS PIANO COMPETITIONS WORLD-WIDE. FOLLOWING THE REIGN OF TWENTY YEARS, IT WAS THE DECISION OF THE BOARD OF DIRECTORS OF THE STECHER AND HOROWITZ FOUNDATION TO MOVE ON INTO THE FIELD OF PHILANTHROPY IN THE ARTS. DURING THE YEAR ENDED JUNE 30, 2025, THE FOUNDATION CONTINUED ITS RESEARCH AND PLANNING AND DECIDED TO CREATE A MAJOR PRIZE FOR ACCOMPLISHED PROFESSIONAL PIANISTS/TEACHERS TO BE CALLED THE GATEWAY PRIZE. A DETAILED LIST OF REQUIREMENTS WAS DEVELOPED FOR APPLYING FOR THIS PRIZE AND IT IS TO BE KNOWN AS THE STECHER AND HOROWITZ FOUNDATION-MTNA GATEWAY PRIZE. IT IS IN THE AMOUNT OF $25,000. MTNA IS THE ACRONYM FOR MUSIC TEACHERS NATIONAL ASSOCIATION, A PRESTIGIOUS ORGANIZATION ABOUT TO CELEBRATE ITS 150TH ANNIVERSARY IN 2026. IN ADDITION, TWO CAREER GRANTS, THE STECHER AND HOROWITZ FOUNDATION-MTNA JOYCE B. COWIN CAREER GRANT AS WELL AS THE STECHER AND HOROWITZ FOUNDATION-MTNA MELVIN STECHER AND NORMAN HOROWITZ CAREER GRANT WERE CREATED TO ASSIST AND INSPIRE ACCOMPLISHED PROFESSIONAL PIANISTS/TEACHERS. EACH GRANT WILL BE IN THE AMOUNT OF $10,000.THE FOUNDATION'S WEBSITE IS CONSTANTLY BEING AUGMENTED TO HIGHLIGHT THE ACTIVITIES AND OVERALL PROGRAMS OF THE STECHER AND HOROWITZ FOUNDATION, IT FEATURES INFORMATION ABOUT THE STECHER AND HOROWITZ FOUNDATION; THE PAST CONTESTANTS WHO HAVE PARTICIPATED IN THE NYIPC; THE YOUNG ARTISTS SERIES CONCERTS; A COMPREHENSIVE GALLERY OF PHOTOS; AND A REPRESENTATION OF ALL THE ACTIVITIES PRESENTED. WWW.THENYIPC.ORQ HAS ADDED CONSIDERABLY TO THE POPULARITY AND INTEREST IN THE FOUNDATION AND ITS PROGRAMS, AS WELL AS CONSTANT UPDATING ON SOCIAL MEDIA.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2000.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.