Sturgis Charitable Trust is a private trust based in BIRMINGHAM, AL. The foundation received its IRS ruling in 2020. The principal officer is % Regions Bank Clay Roberts. It holds total assets of $27.8M. Annual income is reported at $8.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Sturgis Charitable Trust has made 30 grants totaling $5.3M, with a median grant of $176K. Annual giving has decreased from $3.5M in 2022 to $1.8M in 2023. Individual grants have ranged from $88K to $361K, with an average award of $177K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Arkansas and Texas and Louisiana. Contributions to this foundation are tax-deductible.
Sturgis Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in AR, TX, LA.
Sturgis Charitable Trust has distributed a total of $5.3M across 30 grants. The median grant size is $176K, with an average of $177K. Individual grants have ranged from $88K to $361K.
Sturgis Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Sturgis Charitable Trust is headquartered in BIRMINGHAM, AL. While based in AL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank | TRUSTEE | $336K | $0 | $336K |
Total Giving
$2.2M
Total Assets
$28.5M
Fair Market Value
$33.9M
Net Worth
$28.5M
Grants Paid
$1.8M
Contributions
$0
Net Investment Income
$695K
Distribution Amount
$1.6M
Total Grants
30
Total Giving
$5.3M
Average Grant
$177K
Median Grant
$176K
Unique Recipients
10
Most Common Grant
$176K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| W P Sturgis FoundationGENERAL OPERATING | Arkadelphia, AR | $183K | 2023 |
| Lincoln Health FoundationGENERAL OPERATING | Ruston, LA | $176K | 2023 |
| University Of Arkansas Foundation IncGENERAL OPERATING | Little Rock, AR | $361K | 2023 |
| Arkansas Childrens HospitalGENERAL OPERATING | Little Rock, AR | $180K | 2023 |
| Louisiana Tech University FoundationGENERAL OPERATING |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| Ruston, LA |
| $180K |
| 2023 |
| Temple Memorial RehabilationGENERAL OPERATING | Texarkana, TX | $180K | 2023 |
| Texarkana Special Education Center IncGENERAL OPERATING | Texarkana, TX | $180K | 2023 |
| Henderson State UniversityGENERAL OPERATING | Arkadelphia, AR | $180K | 2023 |
| Jk And Susie Wadley FoundationGENERAL OPERATING | Texarkana, TX | $90K | 2023 |
| Christus St Michael Health SystemGENERAL OPERATING | Texarkana, TX | $90K | 2023 |
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