Stribling Funding Corporation is located in San Angelo, TX. The organization was established in 0000. 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. Stribling Funding Corporation 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 09/2021, Stribling Funding Corporation generated $141.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $115.6k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Stribling Funding Corporation has awarded 85 individual grants totaling $423,210. 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 |
|---|---|---|---|
Ben Stribling President | 2 | $0 | |
Robert Stribling V.P. | 2 | $0 | |
Beverly Stribling Sec./treas. | 2 | $0 | |
Travis Stribling Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,108 |
| Profit on Inventory Sales | $0 |
| Other Income | $136,380 |
| Total Revenue | $141,488 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $39,289 |
| Contributions, gifts, grants paid | $76,350 |
| Total expenses and disbursements | $115,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $286,359 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,058,830 |
| Other assets | $441,543 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Over the last fiscal year, Stribling Funding Corporation has awarded $47,460 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BOBCAT BOOSTER CLUB PURPOSE: GENERAL FUND | $500 |
CASETA PURPOSE: GENERAL FUND | $500 |
CENTRAL BOBCATS BOOSTER CLUB INC PURPOSE: GENERAL FUND | $1,000 |
DEL RIO CHAMBER FOUNDATION PURPOSE: GENERAL FUND | $10,000 |
DOWNTOWN SAN ANGELO INC PURPOSE: GENERAL FUND | $1,000 |
FRIENDS OF FAIRMOUNT CEMETERY PURPOSE: GENERAL FUND | $610 |