Sturgis Charitable Tr
- Assets
- $0.0
- Revenue
- $2.8m
- Investments
- $27.6m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 00/0000
- Data as of
- 06/2021
- EIN
- 20-6618761
Organization Overview
Sturgis Charitable Tr is located in Birmingham, AL. The organization was established in 0000. 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. Sturgis Charitable Tr 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 06/2021, Sturgis Charitable Tr generated $2.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $2.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Sturgis Charitable Tr has awarded 38 individual grants totaling $7,235,077. 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 | $0 |
| Dividends & Interest | $772,173 |
| Profit on Inventory Sales | $0 |
| Other Income | $89,963 |
| Total Revenue | $2,801,911 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $368,648 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $481,192 |
| Contributions, gifts, grants paid | $1,812,282 |
| Total expenses and disbursements | $2,293,474 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $27,610,819 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sturgis Charitable Tr has awarded $1,812,282 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF ARKANSAS FOUNDATION INC PURPOSE: GENERAL OPERATING | $344,582 |
Arkadelphia, AR PURPOSE: GENERAL OPERATING | $174,548 |
Ruston, LA PURPOSE: GENERAL OPERATING | $172,938 |
Texarkana, TX PURPOSE: GENERAL OPERATING | $172,614 |
Ruston, LA PURPOSE: GENERAL OPERATING | $172,291 |
TEMPLE MEMORIAL REHABILATION PURPOSE: GENERAL OPERATING | $172,291 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |
Thomas W Smith Foundation Boca Raton, FL | $35,370,958 | $23,899,669 |
University Of Central Florida Research Foundation Inc Orlando, FL | $26,737,307 | $16,545,937 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
Wonderful Life Foundation West Palm Beach, FL | $22,652,179 | $19,424,572 |
Thompson-Hartford Foundation Inc Tampa, FL | $0 | $6,094,384 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Harrell Family Charities Inc Lakeland, FL | $0 | $11,320,223 |
Speer Foundation Brentwood, TN | $160,979,713 | $8,246,449 |
Audrey And Martin Gruss Foundation West Palm Beach, FL | $0 | $7,573,459 |