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Mary Peace Sterling Foundation is a private trust based in CRANBURY, NJ. The foundation received its IRS ruling in 2002. The principal officer is The Leo Group. It holds total assets of $5.5M. Annual income is reported at $2.3M. Total assets have grown from $2.3M in 2011 to $5.5M in 2023. The foundation is governed by 1 officer or trustee. 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 2024. The foundation primarily funds organizations in South Carolina, Florida and New York. According to available records, Mary Peace Sterling Foundation has made 26 grants totaling $1.3M, with a median grant of $10K. Individual grants have ranged from $1K to $343K, with an average award of $49K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in South Carolina, Florida, New York, which account for 69% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$20K
Average Grant
$52K
Largest Grant
$333K
Based on 15 grants from the most recent 990-PF filing.
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.
Mary Peace Sterling Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in SC, FL, NY.
Mary Peace Sterling Foundation has distributed a total of $1.3M across 26 grants. The median grant size is $10K, with an average of $49K. Individual grants have ranged from $1K to $343K.
Mary Peace Sterling Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mary Peace Sterling Foundation is headquartered in CRANBURY, NJ. While based in NJ, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peace Sullivan | TRUSTEE | $0 | $0 | N/A |
Total Giving
$846K
Total Assets
$5.5M
Fair Market Value
$6.8M
Net Worth
$5.5M
Grants Paid
$772K
Contributions
N/A
Net Investment Income
$402K
Distribution Amount
$320K
Total Grants
26
Total Giving
$1.3M
Average Grant
$49K
Median Grant
$10K
Unique Recipients
13
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Furman UniversityGENERAL PURPOSE | Greenville, SC | $343K | 2023 |
| Peace CenterGENERAL PURPOSE | Greenville, SC | $100K | 2023 |
| Jewish Community ServicesGENERAL PURPOSE | Miami, FL | $50K | 2023 |
| Favor FoundationGENERAL PURPOSE | Ladson, SC | $50K | 2023 |
| YmcaGENERAL PURPOSE | Greenville, SC | $25K | 2023 |
| Training Institute For MenGENERAL PURPOSE | New York, NY | $20K | 2023 |
| Bread For The WorldGENERAL PURPOSE | Washington, DC | $10K | 2023 |
| Md Anderson Cancer CenterGENERAL PURPOSE | Houston, TX | $10K | 2023 |
| Miami City BalletGENERAL PURPOSE | Miami Beach, FL | $10K | 2023 |
| Unc Chapel Hill - Student Impact FundGENERAL PURPOSE | Chapel Hill, NC | $10K | 2023 |
| Tropical Audubon SocietyGENERAL PURPOSE | Miami, FL | $10K | 2023 |
| Alzheimer'S AssociationGENERAL PURPOSE | Chicago, IL | $2K | 2023 |
| Guitars Over Guns OrganizationGENERAL PURPOSE | Miami, FL | $1K | 2023 |