Starr Foundation Inc is located in Little Rock, AR. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Starr Foundation Inc 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 07/2023, Starr Foundation Inc generated $96.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $121.8k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Starr Foundation Inc has awarded 89 individual grants totaling $511,311. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Arcana Trustee | 1 | $0 | |
Rene V Starr Trustee | 1 | $0 | |
Joe F Starr Director | 1 | $12,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,607 |
| Dividends & Interest | $41,064 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $49,803 |
| Capital Gain Net Income | $49,803 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $96,474 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,473 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29 |
| Total operating and administrative expenses | $27,382 |
| Contributions, gifts, grants paid | $94,400 |
| Total expenses and disbursements | $121,782 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $309,083 |
| Net Accounts receivable | $185 |
| 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 | $1,978,999 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,461,202 |
| 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 |
Over the last fiscal year, Starr Foundation Inc has awarded $94,400 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
GLADNEY CTR FOR ADOPTION PURPOSE: UNDESIGNATED | $1,200 |
WILLARD WALKER HOSPICE HOME PURPOSE: UNDESIGNATED | $100 |
20TH CENTURY CLUB PURPOSE: HOPE BALL | $9,300 |
HAPPY HOLLOW ELEM SCHOOL PURPOSE: UNDESIGNATED | $500 |
ALS ASSOCIATION PURPOSE: UNDESIGNATED | $1,000 |
UALR PURPOSE: WYN NORWOOD SCHOLARSHIP | $1,000 |