Also known as: CO COMMUNITY BANK NA 008132
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Sterling Ins Company Foundation is a private trust based in ONEONTA, NY. The foundation received its IRS ruling in 2014. The principal officer is Community Bank Na Trustee. It holds total assets of $1M. Annual income is reported at $582K. Total assets have grown from $534K in 2014 to $881K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Grantmaking is concentrated in New York. According to available records, Sterling Ins Company Foundation has made 290 grants totaling $697K, with a median grant of $250. Annual giving has grown from $217K in 2020 to $340K in 2022. Individual grants have ranged from N/A to $101K, with an average award of $2K. The foundation has supported 135 unique organizations. The foundation primarily supports organizations in New York, Nebraska, Illinois, which account for 83% of all grants. Grantmaking reaches organizations across 16 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$150
Average Grant
$3K
Largest Grant
$100K
Based on 68 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.
Sterling Ins Company Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 290 grants. Its grantmaking reaches organizations primarily in NY, NE, IL.
Sterling Ins Company Foundation has distributed a total of $697K across 290 grants. The median grant size is $250, with an average of $2K. Individual grants have ranged from N/A to $101K.
Sterling Ins Company Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sterling Ins Company Foundation is headquartered in ONEONTA, NY. While based in NY, the foundation distributes grants to organizations across 16 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Community Bank Na | Trustee | $5K | $0 | $5K |
Total Giving
$201K
Total Assets
$881K
Fair Market Value
$1.2M
Net Worth
$881K
Grants Paid
$195K
Contributions
$35K
Net Investment Income
$62K
Distribution Amount
$53K
Total: N/A
Total Grants
290
Total Giving
$697K
Average Grant
$2K
Median Grant
$250
Unique Recipients
135
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jefferson Historical SocietyPROVIDE SUPPORT OF | Jefferson, NY | $500 | 2022 |
| Schoharie Economic Enterprise CorpPROVIDE SUPPORT OF | Schoharie, NY | $101K | 2022 |
| Schoharie County Council Of SeniorPROVIDE SUPPORT OF | Cobleskill, NY | $6K | 2022 |
| Marathon For A Better LifePROVIDE FINANCIAL SUPPORT | Warnerville, NY | $6K | 2022 |
| Suny Cobleskill FoundationPROVIDE SUPPORT OF | Cobleskill, NY | $6K | 2022 |
| Catholic Charities Of Delaware & OtsegoPROVIDE SUPPORT OF | Cobleskill, NY | $5K | 2022 |
| Helios CarePROVIDE SUPPORT OF | Oneonta, NY | $5K | 2022 |
| Northeast Regional Food BankPROVIDE SUPPORT FOR | Latham, NY | $5K | 2022 |
| Legacy Of Love - Schoharie CountyPROVIDE SUPPORT FOR | Schoharie, NY | $5K | 2022 |
| Cobleskill Richmondville EducationPROVIDE SUPPORT OF | Cobleskill, NY | $3K | 2022 |
| Literacy New YorkPROVIDE SUPPORT FOR | Cobleskill, NY | $3K | 2022 |
| Cobleskill Fire DepartmentPROVIDE SUPPORT OF | Cobleskill, NY | $2K | 2022 |
| Iroquois Indian MuseumPROVIDE FINANCIAL SUPPORT | Howes Cave, NY | $2K | 2022 |
| Schoharie County Child Development CouncPROVIDE SUPPORT OF | Cobleskill, NY | $2K | 2022 |
| Animal Shelter Of Schoharie ValleyASSIST IN CARE OF SHELTER | Howes Cave, NY | $2K | 2022 |
| Boy Scouts Of AmericaPROVIDE SUPPORT OF | Oneonta, NY | $2K | 2022 |
| New York Insurance Scholarship FdnPROVIDE SUPPORT OF | Albany, NY | $1K | 2022 |
| Friends Of BassettMATCHING CONTRIBUTION FROM | Cooperstown, NY | $1K | 2022 |
| Le Moyne CollegePROVIDE SUPPORT OF | Syracuse, NY | $1K | 2022 |
| Landis ArboretumFUNDRAISER AT GRAPEVINE | Esperance, NY | $1K | 2022 |
| Richmondville Volunteer Fire DeptPROVIDE SUPPORT OF | Richmondville, NY | $575 | 2022 |
| American Heart AssociationPROVIDE SUPPORT OF | West Winfield, NY | $500 | 2022 |
| Cornell Cooperative ExtensionPROVIDE SUPPORT OF | Cooperstown, NY | $500 | 2022 |
| Hero Fund Of AmericaPROVIDE SUPPORT OF | Sharon Springs, NY | $500 | 2022 |
| Cobleskill-Richmondville Little LeaguePROVIDE SUPPORT OF | Cobleskill, NY | $500 | 2022 |