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Sterling Foundation is a private trust based in PITTSBORO, NC. The foundation received its IRS ruling in 2017. The principal officer is Stephen Robinson. It holds total assets of $476K. Annual income is reported at $472K. Total assets have grown from $348K in 2019 to $551K in 2023. Concordia Theological Seminary. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Funding is distributed across 6 states, including North Carolina, Texas, Missouri. According to available records, Sterling Foundation has made 33 grants totaling $89K, with a median grant of $2K. Annual giving has grown from $17K in 2021 to $40K in 2023. Individual grants have ranged from $500 to $6K, with an average award of $3K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in North Carolina, Texas, Indiana, which account for 67% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$6K
Based on 10 grants from the most recent 990-PF filing.
Concordia Theological Seminar
Expenses: $3K
Sports Quest
Expenses: $3K
Reaching Avery Ministry
Expenses: $3K
African Inland Missions
Expenses: $2K
Concordia Theological Seminary. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in NC, TX, IN.
Sterling Foundation has distributed a total of $89K across 33 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $500 to $6K.
Sterling Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sterling Foundation is headquartered in PITTSBORO, NC. While based in NC, the foundation distributes grants to organizations across 8 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$52K
Total Assets
$551K
Fair Market Value
$589K
Net Worth
$551K
Grants Paid
$40K
Contributions
$84K
Net Investment Income
$18K
Distribution Amount
$25K
Total: $42K
Total Grants
33
Total Giving
$89K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
17
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| SportsquestDonation | Cypress, TX | $6K | 2023 |
| Six Entities 1000 And UnderDonations | Various, NC | $5K | 2023 |
| African Inland MissionDonation | Peachtree City, GA | $5K | 2023 |
| Concordia Theological SeminaryDonation | Ft Wayne, IN | $4K | 2023 |
| Reaching Avery MinistryDonation | Newland, NC | $3K | 2023 |
| CoreluvDonation | Willis, TX | $3K | 2023 |
| Samaritan'S PurseDonation | Boone, NC | $2K | 2023 |
| Assembly Of GodDonation | Springfield, MO | $2K | 2023 |
| Crossnore SchoolDonation | Crossnore, NC | $2K | 2023 |
| Mission AviationDonation | Namda, ID | $2K | 2023 |
| Lutheran Bible TranslatorsDonation | Concordia, MO | $2K | 2023 |
| Wycliffe Bible TranslatorsDonation | Orlando, FL | $2K | 2023 |
| Linc - HoustonDonation | Houston, TX | $2K | 2023 |
| St Labre Indian SchoolDonation | Ashland, MT | $2K | 2023 |
| Misc Donors 6 All At 1000 EachDonations | Various, NC | $6K | 2022 |
| Camp Linn HavenSupport for "Servant Event Week" | Linville, NC | $1K | 2021 |
| Crossnore Communities For ChildrenCrossnore Scholarship Program | Crossnore, NC | $500 | 2021 |