W P Sturgis Foundation
- Assets
- $4.2m
- Revenue
- $642.3k
- Investments
- $1.9m
- Employees
- 0
- Location
- Arkadelphia, AR
- Founding
- 12/1958
- Data as of
- 12/2021
- EIN
- 71-6057063
Organization Overview
W P Sturgis Foundation is located in Arkadelphia, AR. The organization was established in 1958. 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. W P Sturgis 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 12/2021, W P Sturgis Foundation generated $642.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $244.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, W P Sturgis Foundation has awarded 21 individual grants totaling $1,536,459. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,661 |
| Dividends & Interest | $129,181 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $511,481 |
| Capital Gain Net Income | $511,593 |
| Net ST Capital Gain | $4,555 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $642,323 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $32,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,051 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,458 |
| Total operating and administrative expenses | $60,929 |
| Contributions, gifts, grants paid | $183,325 |
| Total expenses and disbursements | $244,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,337,977 |
| 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 | $2,251 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $4,247,032 |
| Accounts payable and accrued expenses | $2,968 |
| 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 | $2,968 |
Grants Awarded
Over the last fiscal year, W P Sturgis Foundation has awarded $183,325 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS ARKANSAS COLLEGES UNIVERSIT PURPOSE: TUITION/BOOKS | $163,925 |
METHODIST CHILDREN'S HOME PURPOSE: BUDGETED DONATION | $9,700 |
Little Rock, AR PURPOSE: BUDGETED DONATION | $9,700 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that W P Sturgis Foundation has recieved totaling $174,548.
| Awarding Organization | Amount |
|---|---|
Sturgis Charitable Tr Birmingham, AL PURPOSE: GENERAL OPERATING | $174,548 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |