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Jack And Peggy Sturm Foundation Inc. is a private corporation based in MADISON, WI. The foundation received its IRS ruling in 2016. The principal officer is Patricia Parker. It holds total assets of $4M. Annual income is reported at $1.1M. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Jack And Peggy Sturm Foundation Inc. has made 4 grants totaling $645K, with a median grant of $170K. Annual giving has grown from $130K in 2021 to $165K in 2023. Grantmaking activity was highest in 2022 with $350K distributed across 2 grants. Individual grants have ranged from $130K to $175K, with an average award of $161K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Minnesota and Wisconsin. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Jack And Peggy Sturm Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MN, WI.
Jack And Peggy Sturm Foundation Inc. has distributed a total of $645K across 4 grants. The median grant size is $170K, with an average of $161K. Individual grants have ranged from $130K to $175K.
Jack And Peggy Sturm Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Jack And Peggy Sturm Foundation Inc. is headquartered in MADISON, WI. While based in WI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nikki Sturm | VICE PRESIDE | $0 | $0 | N/A |
| Jack Sturm | PRESIDENT | $0 | $0 | N/A |
| Peggy Sturm | VICE PRESIDE | $0 | $0 | N/A |
| Paul Sturm | TREASURER | $0 | $0 | N/A |
| Cheryl Sturm | SECRETARY | $0 | $0 | N/A |
Total Giving
$165K
Total Assets
$2.6M
Fair Market Value
$3.5M
Net Worth
$2.6M
Grants Paid
$165K
Contributions
N/A
Net Investment Income
$92K
Distribution Amount
$169K
Total Grants
4
Total Giving
$645K
Average Grant
$161K
Median Grant
$170K
Unique Recipients
2
Most Common Grant
$175K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mayo ClinicPROGRAM SUPPORT | Rochester, MN | $165K | 2023 |
| Marshfield Clinic Health SystemPROGRAM SUPPORT | Marshfield, WI | $130K | 2021 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI