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Sterzing Memorial Scholarship Fund is a private trust based in BURLINGTON, IA. The foundation received its IRS ruling in 2004. The principal officer is Burlington Bank & Trust. It holds total assets of $867K. Annual income is reported at $224K. Tax records are available from 2017 to 2024. Grantmaking is concentrated in Iowa. According to available records, Sterzing Memorial Scholarship Fund has made 21 grants totaling $184K, with a median grant of $10K. Annual giving has grown from $32K in 2021 to $48K in 2024. Grantmaking activity was highest in 2023 with $66K distributed across 7 grants. Individual grants have ranged from $5K to $14K, with an average award of $9K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$8K
Average Grant
$8K
Largest Grant
$10K
Based on 4 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.
Sterzing Memorial Scholarship Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in IA.
Sterzing Memorial Scholarship Fund has distributed a total of $184K across 21 grants. The median grant size is $10K, with an average of $9K. Individual grants have ranged from $5K to $14K.
The application deadline is MARCH 15, OR AS OTHERWISE STATED ON THE APPLICATION FORM. Recipients must graduate from burlington community high school in burlington, ia and must attend southeastern community college in west burlington, ia or the university of iowa in iowa city, ia.
Sterzing Memorial Scholarship Fund is headquartered in BURLINGTON, IA.
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
$58K
Total Assets
$826K
Fair Market Value
$1.2M
Net Worth
$826K
Grants Paid
$48K
Contributions
$137
Net Investment Income
$75K
Distribution Amount
$55K
Total: $643K
Total Grants
21
Total Giving
$184K
Average Grant
$9K
Median Grant
$10K
Unique Recipients
12
Most Common Grant
$6K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kayla NortonSCHOLARSHIP | Burlington, IA | $13K | 2024 |
| Aubrey MoffettSCHOLARSHIP | Denmark, IA | $12K | 2024 |
| Hannah HentzelSCHOLARSHIP | Burlington, IA | $11K | 2024 |
| Jalen WalkerSCHOLARSHIP | West Burlington, IA | $7K | 2024 |
| Tyce BertlshoferSCHOLARSHIP | Burlington, IA | $5K | 2024 |
| Spencer BrownSCHOLARSHIP | Burlington, IA | $14K | 2023 |
| Shelbi NashSCHOLARSHIP | Burlington, IA | $11K | 2023 |
| Mackenzie BlytheSCHOLARSHIP | New London, IA | $8K | 2023 |
| Morgan ToddSCHOLARSHIP | Burlington, IA | $6K | 2022 |
| Natalie WalterSCHOLARSHIP | Fort Madison, IA | $10K | 2021 |
| Presley CarmitchelSCHOLARSHIP | Burlington, IA | $10K | 2021 |
| Jasmine GaulSCHOLARSHIP | Burlington, IA | $6K | 2021 |