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Sterner Foundation Inc. is a private corporation based in ABILENE, KS. The foundation received its IRS ruling in 1977. It holds total assets of $6.2M. Annual income is reported at $1.3M. Total assets have grown from N/A in 2011 to $5.3M in 2023. The foundation is governed by 3 officers and trustees. Tax records are available from 2016 to 2023. Contributions to this foundation are tax-deductible.
Sterner Foundation Inc. is a closed-door, preselected-only family foundation — not a prospect for cold applications. Every independent aggregator that tracks it (Instrumentl, Grantmakers.io) confirms the same line: it "only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds." The DB record's `application_instructions` field is explicitly `__none__`, there is no `application_form_url` or `application_deadline` on file, and the foundation's registered web domain (sterner.org) resolves to an unrelated personal family blog with registration disabled — confirming it has no functioning grants portal, LOI process, or public program description of any kind. This is the profile of a small-town, first-generation or single-family philanthropy (registered in Abilene, Kansas, population under 7,000, ruling date August 1977) that gives to a tight, known circle of local or family-connected institutions rather than running an open competitive program. With only ~2 grants awarded per year across FY2023–FY2025 and total giving never exceeding $305,000, this is a low-volume, high-per-grant funder: each award averages $110,000–$155,000, meaning the foundation is not spreading small gifts widely but concentrating dollars on a handful of relationships. For a grant seeker with no prior connection, the realistic path is not a written application at all — it is relationship-building: identifying board leadership (President James J. Krueger, Secretary Peter L. Peterson, Treasurer Randy J. Gassman, all Abilene/Dickinson County-area names) and finding a warm local introduction through Abilene or Dickinson County civic, faith, or community-development channels. First-time applicants should treat any "Sterner Foundation" application form found online with skepticism (verify it traces to the actual EIN 48-0847407, not a similarly named Stern/Sterner entity elsewhere) and should not expect a response to unsolicited mail or email outreach given the foundation's declared policy and complete absence of a public program officer, contact email, or grants staff on record.
Total giving has risen every filing year on record: $223,000 in FY2023 (Instrumentl/ProPublica figure; the DB's own 990-derived figure for the same year shows `grants_paid` of $215,000 against a broader `total_giving` of $275,755, a modest reporting variance likely reflecting grants versus total qualifying distributions), $277,000 in FY2024, and $305,000 in FY2025. The reported typical award range is $8,000 to roughly $285,000 (Instrumentl) or $8,000–$261,500 (Grantmakers.io) — a wide spread that, combined with only about two grants awarded per year, points to a barbell pattern: one or two large flagship gifts (likely six figures, possibly to a hospital, church, school, or civic institution with a long-standing family tie) plus occasional smaller five-figure gifts. Assets have grown from effectively nil in the FY2011–FY2021 filings on record (each shows placeholder `total_assets` of $1, indicating either dormancy or non-substantive filings in those years) to $3.4M (FY2022, a year with zero grants paid and a $3.4M lump contribution received) to $5.3M (FY2023) to $5.7M (FY2024) to $6.2M (FY2025) — consistent with a foundation that was substantially funded/re-funded around 2022 (a $3.45M contribution that year) and has been ramping up payout since. Officer compensation totaled $37,500 in FY2023 ($12,500 each to three officers) but fell to $0 in the most recent filing — a cost or governance change, not a signal about grant priorities. No grantee-level data, geographic breakdown, or program-area split is available in either the DB record or public 990 aggregators (Instrumentl/ProPublica both restrict grantee-name detail), so program-area allocation (e.g., percentage to arts vs. community development vs. human services) cannot be quantified from current sources — a genuine data gap rather than an oversight.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Sterner Foundation Inc. (Abilene, KS) | $6.2M | ~$305,000 (FY2025) | Community Development / Philanthropy & Grantmaking | Invited/Preselected only |
| Daniel G and Wanda K Odell Family Foundation (Liberty, MO) | $8.8M | ~$529,000 | Education, youth, healthcare, community development | Invited/Preselected only |
| Community Foundation for Dickinson County (Abilene, KS) | Not disclosed in search results | $2.1M (2024 total, incl. donor-advised funds) | Education, human services, philanthropy — local Dickinson County | Open, published cycles (Foundation Community Grants, Herington Legacy Grants, Youth in Action) |
| Helen S. Boylan Foundation (Carthage, MO) | $3.96M | $227,000–$579,000 (2020–2023 range) | Arts, education, health, wellness | Open, quarterly application cycles |
Sterner sits in a similar asset and giving tier to the Odell Family Foundation, and both share the same closed, preselected-only posture — a meaningful contrast to Sterner's own hometown peer, the Community Foundation for Dickinson County, which runs published, competitive grant cycles just miles away in Abilene. Grant seekers local to Dickinson County who are shut out of Sterner should treat the Community Foundation for Dickinson County as the accessible near-substitute; those specifically pursuing closed family foundations of this size should study Odell's and Boylan's public 990 grantee lists (where available) as the closest behavioral analogs to how Sterner likely allocates its two annual awards.
No press coverage, news announcements, or leadership-change stories were found for Sterner Foundation Inc. in current web search results — this is a foundation with essentially zero public communications presence (no working website, no social media, no listed contact email or grants staff). The most concrete "recent activity" signal is the tax-filing trail itself: the FY2025 Form 990-PF shows the foundation distributed $305,000 in grants even while running an investment-driven operating deficit (revenue of $217,120 against $393,696 in expenses, a $176,576 net loss), which indicates the board chose to sustain or grow payout rather than pull back despite weaker markets. The prior filing year (FY2024) shows healthier fundamentals — $549,935 in revenue and $192,681 in net income, lifting assets from $5.3M to $5.7M — while distributing $277,000. Officer compensation was zeroed out in the most recent filing after $12,500 per officer ($37,500 total) in FY2023, for James J. Krueger (President), Peter L. Peterson (Secretary), and Randy J. Gassman (Treasurer); Irene Sterner, likely the family's namesake founder or a relative, previously held the Secretary role in earlier filings, suggesting a generational board transition already completed some years back. With no news hits, no reviews, and no active social presence, the safest characterization for grant seekers is that this foundation operates in near-total public silence between annual 990 filings.
There is no formal application process to optimize for — the foundation does not accept, and by its own indicated policy does not respond to, unsolicited requests for funding. That single fact should reframe strategy entirely: instead of proposal-writing tactics, the highest-leverage moves are (1) local relationship-building in Abilene and Dickinson County, Kansas, where the foundation's registered address (1008 2500 Ave, Abilene, KS 67410) and its board (Krueger, Peterson, Gassman) are based — civic, church, and community-development networks in that specific county are the plausible route to becoming a "preselected" candidate; (2) verifying legitimacy before spending time on any third-party "Sterner Foundation" application form — the domain listed in this foundation's own records (sterner.org) is unaffiliated (it is a personal family WordPress blog with signups disabled), so cross-check any contact point against EIN 48-0847407 and the Abilene address, not just the name; (3) watching the annual Form 990-PF (available via ProPublica Nonprofit Explorer and Instrumentl) for the current officer roster and grantee list rather than expecting a program office to publish guidelines — this is the only reliable, low-cost way to monitor whether the foundation's giving pattern or leadership changes; (4) recognizing scale realistically — with roughly two grants awarded per year in the $8,000–$285,000 range, the foundation is not a volume funder, and an organization without an existing relationship to the family or board should not expect a first-time approach (cold letter, LOI, or email) to succeed, regardless of how well-aligned the mission appears; and (5) if a genuine local or family connection exists, keep outreach narrow, direct, and personal (a warm phone or in-person introduction through a shared board or community contact in Dickinson County) rather than a formal written proposal, since there is no evidence the foundation reviews unsolicited written materials at all.
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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.
Total giving has risen every filing year on record: $223,000 in FY2023 (Instrumentl/ProPublica figure; the DB's own 990-derived figure for the same year shows `grants_paid` of $215,000 against a broader `total_giving` of $275,755, a modest reporting variance likely reflecting grants versus total qualifying distributions), $277,000 in FY2024, and $305,000 in FY2025. The reported typical award range is $8,000 to roughly $285,000 (Instrumentl) or $8,000–$261,500 (Grantmakers.io) — a wide spread tha.
Sterner Foundation Inc. is a closed-door, preselected-only family foundation — not a prospect for cold applications. Every independent aggregator that tracks it (Instrumentl, Grantmakers.io) confirms the same line: it "only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds." The DB record's `application_instructions` field is explicitly `__none__`, there is no `application_form_url` or `application_deadline` on file, and the foundation.
Sterner Foundation Inc. is headquartered in ABILENE, KS.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter L Peterson | SECRETARY | $13K | $0 | $13K |
| James J Krueger | PRESIDENT | $13K | $0 | $13K |
| Randy J Gassman | TREASURER | $13K | $0 | $13K |
Total Giving
$276K
Total Assets
$5.3M
Fair Market Value
$5.3M
Net Worth
$5.3M
Grants Paid
$215K
Contributions
$1.6M
Net Investment Income
$148K
Distribution Amount
$224K
Total: $5.2M
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.