Sturm Family Foundation
- Assets
- $102.3m
- Revenue
- $11.0m
- Investments
- $100.5m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 12/2000
- Data as of
- 12/2022
- EIN
- 84-1483429
Organization Overview
Sturm Family Foundation is located in Denver, CO. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Sturm Family 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 12/2022, Sturm Family Foundation generated $11.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $5.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sturm Family Foundation has awarded 119 individual grants totaling $12,559,773. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald L Sturm Chairman | 1 | $0 | |
Susan M Sturm Vice Chairman | 1 | $0 | |
Stephen F Sturm Vice President And Treasurer | 15 | $0 | |
Emily Sturm Ehrens President And CEO | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,001,137 |
| Interest on Savings | $4,132 |
| Dividends & Interest | $894,143 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,972,519 |
| Capital Gain Net Income | $4,972,519 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $134,669 |
| Total Revenue | $11,006,600 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $486,749 |
| Total operating and administrative expenses | $1,334,394 |
| Contributions, gifts, grants paid | $4,210,845 |
| Total expenses and disbursements | $5,545,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,864,434 |
| Savings and temporary cash investments | $0 |
| 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 | $100,478,005 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $102,342,439 |
| Accounts payable and accrued expenses | $113,116 |
| 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 | $113,116 |
Grants Awarded
Over the last fiscal year, Sturm Family Foundation has awarded $4,210,845 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ENTERPRISE INSTITUTE (AEI) PURPOSE: FURTHER TAX EXEMPT PURPOSE | $50,000 |
ARAPAHOE COMMUNITY COLLEGE FOUNDATION (ACCF) PURPOSE: FURTHER TAX EXEMPT PURPOSE | $3,777 |
ARAPAHOE COMMUNITY COLLEGE FOUNDATION (ACCF) PURPOSE: FURTHER TAX EXEMPT PURPOSE | $4,347 |
ARAPAHOE COMMUNITY COLLEGE FOUNDATION (ACCF) PURPOSE: FURTHER TAX EXEMPT PURPOSE | $70,811 |
ARAPAHOE COMMUNITY COLLEGE FOUNDATION (ACCF) PURPOSE: FURTHER TAX EXEMPT PURPOSE | $130,811 |
ARAPAHOE COMMUNITY COLLEGE FOUNDATION (ACCF) PURPOSE: FURTHER TAX EXEMPT PURPOSE | $600,000 |