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Also known as: C/O STERLING FOUNDATION MANAGEMENT LLC
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Krumland Foundation Dated 12-15-2018 is a private trust based in RESTON, VA. The foundation received its IRS ruling in 2019. It holds total assets of $1.1M. Annual income is reported at $350K. Total assets have grown from N/A in 2018 to $939K in 2023. The foundation is governed by 2 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 2018 to 2023. According to available records, Krumland Foundation Dated 12-15-2018 has made 7 grants totaling $110K, with a median grant of $15K. Annual giving has decreased from $70K in 2022 to $40K in 2023. Individual grants have ranged from $10K to $25K, with an average award of $16K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in New Mexico and Mississippi and Missouri. 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.
Krumland Foundation Dated 12-15-2018 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in NM, MS, MO.
Krumland Foundation Dated 12-15-2018 has distributed a total of $110K across 7 grants. The median grant size is $15K, with an average of $16K. Individual grants have ranged from $10K to $25K.
Krumland Foundation Dated 12-15-2018 typically selects its grantees rather than accepting unsolicited proposals.
Krumland Foundation Dated 12-15-2018 is headquartered in RESTON, VA. While based in VA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Linda L Krumland | TRUSTEE | $0 | $0 | N/A |
| Thomas W Krumland | TRUSTEE | $0 | $0 | N/A |
Total Giving
$57K
Total Assets
$939K
Fair Market Value
$1M
Net Worth
$939K
Grants Paid
$40K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
$48K
Total: N/A
Total Grants
7
Total Giving
$110K
Average Grant
$16K
Median Grant
$15K
Unique Recipients
5
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Assurance HomeGENERAL SUPPORT | Roswell, NM | $20K | 2023 |
| Calvary Chapel AlamogordoGENERAL SUPPORT | Alamogordo, NM | $10K | 2023 |
| Convoy Of HopeGENERAL SUPPORT | Springfield, MO | $10K | 2023 |
| Center Pointe ChurchGENERAL SUPPORT | Ocean Springs, MS | $25K | 2022 |
| Royal Family KidsGENERAL SUPPORT | Roswell, NM | $10K | 2022 |