Sterling Fund And Fellowship Foundation
- Assets
- $314.1k
- Revenue
- $12.8k
- Investments
- $310.8k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 07/1954
- Data as of
- 11/2023
- EIN
- 06-6057010
Organization Overview
Sterling Fund And Fellowship Foundation is located in Chicago, IL. The organization was established in 1954. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sterling Fund And Fellowship Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2023, Sterling Fund And Fellowship Foundation generated $12.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $24.3k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 2 | $7,416 | |
Blythe Sterling Co-Trustee | 1 | $0 | |
Katharine Parks Sterling Co-Trustee | 1 | $0 | |
R Dutcher Sterling II Co-Trustee | 1 | $0 | |
Sarah Hoe Sterling Co-Trustee | 1 | $0 | |
Cynthia Sterling Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,983 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,792 |
| Capital Gain Net Income | $3,792 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23 |
| Total Revenue | $12,798 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,416 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $172 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,588 |
| Contributions, gifts, grants paid | $16,675 |
| Total expenses and disbursements | $24,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $3,164 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $18,708 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $314,054 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sterling Fund And Fellowship Foundation has awarded $16,675 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
FAIR FIELD PRODUCTIONS PURPOSE: GENERAL | $3,235 |
STEPHEN SILLER TUNNEL PURPOSE: GENERAL | $1,235 |
LAKES REGION FOOD PANTRY PURPOSE: GENERAL | $735 |
ALASKA WILDNESS LEAGUE PURPOSE: GENERAL | $800 |
LOON PRESERVATION COMMITTEE PURPOSE: GENERAL | $300 |
OLANA PARTNERSHIP PURPOSE: GENERAL | $2,000 |