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Sterling Today Inc. is a private corporation based in STERLING, IL. The foundation received its IRS ruling in 1991. The principal officer is James N Bergman. It holds total assets of $6.8M. Annual income is reported at $360K. Total assets have grown from $4.7M in 2011 to $7M in 2023. The foundation is governed by 11 officers and trustees. Promote and generate development in the greater sterling, illinois area to improve the economic conditions and employment opportunities in the area. This is accomplished through acquisition and development of commercial properties and providing grants for projects consistent with our exempt function. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Illinois. According to available records, Sterling Today Inc. has made 4 grants totaling $484K, with a median grant of $98K. Annual giving has grown from $197K in 2022 to $288K in 2023. Individual grants have ranged from $30K to $258K, with an average award of $121K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$41K
Median Grant
$75K
Average Grant
$81K
Largest Grant
$127K
Based on 3 grants from the most recent 990-PF filing.
Promote and generate development in the greater sterling, illinois area to improve the economic conditions and employment opportunities in the area. This is accomplished through acquisition and development of commercial properties and providing grants for projects consistent with our exempt function.
Expenses: $393K
Promote and generate development in the greater sterling, illinois area to improve the economic conditions and employment opportunities in the area. This is accomplished through acquisition and development of commercial properties and providing grants for projects consistent with our exempt function. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IL.
Sterling Today Inc. has distributed a total of $484K across 4 grants. The median grant size is $98K, with an average of $121K. Individual grants have ranged from $30K to $258K.
Sterling Today Inc. typically selects its grantees rather than accepting unsolicited proposals.
Sterling Today Inc. is headquartered in STERLING, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Brady | DIRECTOR | $0 | $0 | N/A |
| Becky Murray | DIRECTOR | $0 | $0 | N/A |
| Mary Benson | PRESIDENT | $0 | $0 | N/A |
| Bryce Mead | VICE PRESIDENT | $0 | $0 | N/A |
| Elizabeth Klahn | SECRETARY | $0 | $0 | N/A |
| Jessica Macklin | TREASURER | $0 | $0 | N/A |
| Andy Beswick | DIRECTOR | $0 | $0 | N/A |
| Dan Hawkins | DIRECTOR | $0 | $0 | N/A |
| Heather Sotelo | DIRECTOR | $0 | $0 | N/A |
| Brian Hawkins | DIRECTOR | $0 | $0 | N/A |
| Kevin Wahl | DIRECTOR | $0 | $0 | N/A |
Total Giving
$853K
Total Assets
$7M
Fair Market Value
$9.9M
Net Worth
$6.9M
Grants Paid
$288K
Contributions
N/A
Net Investment Income
$31K
Distribution Amount
$156K
Total Grants
4
Total Giving
$484K
Average Grant
$121K
Median Grant
$98K
Unique Recipients
2
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Main Street Of Sterling IncHISTORICAL PRESERVATION AND FACADE IMPROVEMENTS. | Sterling, IL | $258K | 2023 |
| City Of SterlingLANDSCAPING, CHRISTMAS DECOR, AND MARKETPLACE GRANT | Sterling, IL | $30K | 2023 |