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Sterling Foundation is a private corporation based in CHAPEL HILL, NC. The foundation received its IRS ruling in 2010. It holds total assets of $941K. Annual income is reported at $131K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Sterling Foundation has made 3 grants totaling $105K, with a median grant of $50K. Annual giving has decreased from $100K in 2022 to $5K in 2023. Individual grants have ranged from $5K to $50K, with an average award of $35K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in California and North Carolina. Contributions to this foundation are tax-deductible.
Sterling Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CA, NC.
Sterling Foundation has distributed a total of $105K across 3 grants. The median grant size is $50K, with an average of $35K. Individual grants have ranged from $5K to $50K.
Sterling Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sterling Foundation is headquartered in CHAPEL HILL, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary S Berger | PRESIDENT/TREASURER | $0 | $0 | $0 |
| Gregory S Berger | SECRETARY | $0 | $0 | $0 |
Total Giving
$64K
Total Assets
$948K
Fair Market Value
$1.1M
Net Worth
$948K
Grants Paid
$5K
Contributions
$3K
Net Investment Income
$115K
Distribution Amount
$52K
Total: $35K
Total Grants
3
Total Giving
$105K
Average Grant
$35K
Median Grant
$50K
Unique Recipients
2
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| UncGENERAL CONTRIBUTION | Chapel Hill, NC | $5K | 2023 |
| Direct ReliefUKRAINE RELIEF | Santa Barbara, CA | $50K | 2022 |
Other foundations that have funded Sterling Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Virginia M Ullman Foundation | $25K | 2023 | GENERAL CONTRIBUTION |
| Dillon Foundation | $5K | 2023 | IN SUPPORT OF HUMAN SERVICE ACTIVITI |
| Bank Of Clarke County Foundation | $1K | 2023 | MOW AND EDGE A 3 MILE STRIP ALONG STERLING BLVD., WE RECEIVED A SIGN SHOWING OUR SPONSORSHIP |
| Virginia M Ullman Foundation | $50K | 2022 | GENERAL CONTRIBUTION |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| A & V Kulaev Cultural Heritage Fund |
| $20K |
| 2022 |
| This grant supports the Albert Einstein Book. The manuscript for the book has been completed and has undergone copy editing. The Index is in preparation. The Foreword by Hanoch Gutfreund, Academic Director of the Einstein Archives at theHebrew University of Jerusalem, and the Epilogue by co-author Michael DiRuggiero remain to be added. |
| A & V Kulaev Cultural Heritage Fund | $20K | 2022 | This grant supports the Albert Einstein Book. The manuscript for the book has been completed and has undergone copy editing. The Index is in preparation. The Foreword by Hanoch Gutfreund, Academic Director of the Einstein Archives at theHebrew University of Jerusalem, and the Epilogue by co-author Michael DiRuggiero remain to be added. |
| Dillon Foundation | $5K | 2022 | IN SUPPORT OF HUMAN SERVICE ACTIVITI |
| Dominion Energy Charitable Foundation | $3K | 2022 | STERLINGFEST |
| Dominion Energy Charitable Foundation | $3K | 2022 | STERLINGFEST |
| Nisource Charitable Foundation | $110 | 2022 | CORPORATE DONATION |
| Nisource Charitable Foundation | $110 | 2022 | CORPORATE DONATION |
| Virginia M Ullman Foundation | $35K | 2021 | GENERAL CONTRIBUTION |
| A & V Kulaev Cultural Heritage Fund | $20K | 2021 | This grant supports the Albert Einstein Book. The manuscript for the book has been completed and has undergone copy editing. The Index is in preparation. The Foreword by Hanoch Gutfreund, Academic Director of the Einstein Archives at theHebrew University of Jerusalem, and the Epilogue by co-author Michael DiRuggiero remain to be added. Publication is expected in Fall of 2022. |
| Daniel And Barbara@Chapman Trust | $16K | 2021 | CHARITABLE |
| Dominion Energy Charitable Foundation | $3K | 2021 | STERLINGFEST |
| A & V Kulaev Cultural Heritage Fund | $13K | 2020 | Support a book with pictures of the life and work of Albert Einstein. The book will feature an astonishing collection of photographs ranging from the earliest known signed photograph of Einstein as a teenager to the last known signed photograph taken shortly before his death. |
| Daniel And Barbara@Chapman Trust | $12K | 2020 | CHARITABLE |
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