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Also known as: C/O STERLING FOUNDATION MANAGEMENT LLC
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Modzelewski Charitable Trust Us 100196 is a private trust based in RESTON, VA. The foundation received its IRS ruling in 1997. The principal officer is Sterling Foundation Mgmt LLC. It holds total assets of $184.4M. Annual income is reported at $30.3M. Total assets have grown from $27.8M in 2010 to $118.4M 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 2020 to 2023. According to available records, Modzelewski Charitable Trust Us 100196 has made 4 grants totaling $17M, with a median grant of $4.4M. The foundation has distributed between $3.8M and $4.4M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $4.4M distributed across 1 grants. Individual grants have ranged from $3.8M to $4.4M, with an average award of $4.2M. Grant recipients are concentrated in Pennsylvania. 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.
Modzelewski Charitable Trust Us 100196 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 PA.
Modzelewski Charitable Trust Us 100196 has distributed a total of $17M across 4 grants. The median grant size is $4.4M, with an average of $4.2M. Individual grants have ranged from $3.8M to $4.4M.
Modzelewski Charitable Trust Us 100196 typically selects its grantees rather than accepting unsolicited proposals.
Modzelewski Charitable Trust Us 100196 is headquartered in RESTON, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephen Modzelewski | TRUSTEE | $0 | $0 | N/A |
Total Giving
$4.6M
Total Assets
$118.4M
Fair Market Value
N/A
Net Worth
$118.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$11.9M
Distribution Amount
$8M
Total Grants
4
Total Giving
$17M
Average Grant
$4.2M
Median Grant
$4.4M
Unique Recipients
1
Most Common Grant
$4.4M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vanguard Charitable Endowment ProgramFURTHER GENERAL PURPOSE OF CHARITY | Southeastern, PA | $4.4M | 2023 |