Donald T Sterling Charitable Foundation
- Assets
- $12.5m
- Revenue
- $2.1m
- Investments
- $7.6m
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 09/2007
- Data as of
- 12/2021
- EIN
- 20-8731101
Organization Overview
Donald T Sterling Charitable Foundation is located in Beverly Hills, CA. The organization was established in 2007. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Donald T Sterling Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Donald T Sterling Charitable Foundation has awarded 53 individual grants totaling $1,838,000. 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 |
|---|---|---|---|
Rochelle H Sterling Vice President | 1 | $0 | |
Donald T Sterling President | 1 | $0 | |
Douglas L Walton Secretary | 1 | $0 | |
Darren Schield Chief Financial Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $103,006 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,103,006 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,825 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $228 |
| Total operating and administrative expenses | $9,706 |
| Contributions, gifts, grants paid | $330,000 |
| Total expenses and disbursements | $339,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,887,905 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,491,500 |
| 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 |
Grants Awarded
Over the last fiscal year, Donald T Sterling Charitable Foundation has awarded $330,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
BEAT THE STREETS PURPOSE: DEVELOPING YOUTH THROUGH THE SPORT OF WRESTLING. | $60,000 |
Los Angeles, CA PURPOSE: TO PROVIDE STUDENTS WITH A HIGH LEVEL OF EDUCATION IN BOTH JUDAIC AND SECULAR STUDIES. | $50,000 |
Beverly Hills, CA PURPOSE: TO SUPPORT AND PROMOTE RADICALLY-EXPRESSIVE, COMMUNITY-BASED, INTERACTIVE AND/OR COLLABORATIVE PROJECTS THAT HELP DEFINE AND SHAPE THE CREATIVE CORE OF THE EVENT. | $25,000 |
Reseda, CA PURPOSE: TO PROVIDE EXCELLENCE IN SENIOR CARE | $25,000 |
CREATIVE ARTS TEMPLE PURPOSE: ARTS | $25,000 |
Los Angeles, CA PURPOSE: EDUCATIONAL | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
System Management Group San Diego, CA | $174,665,064 | $68,599,184 |
American Charter Schools Foundation Phoenix, AZ | $87,939,377 | $45,500,400 |
Salesforce Com Foundation San Francisco, CA | $419,674,142 | $105,083,193 |
Foundation For Grossmont And Cuyamaca Colleges El Cajon, CA | $30,579,750 | $41,100,641 |
Archival Foundation Beverly Hills, CA | $70,496,412 | $21,253,596 |
Provenance Duarte, CA | $16,793,106 | $20,000,682 |
Spark Sf Public Schools San Francisco, CA | $15,254,604 | $27,199,561 |
Great Public Schools Now Los Angeles, CA | $20,013,399 | $15,067,311 |
Institute For Supply Management Inc Tempe, AZ | $18,812,365 | $12,909,076 |
Gladstone Foundation San Francisco, CA | $27,923,141 | $22,078,581 |
George Lucas Educational Foundation San Rafael, CA | $6,425,809 | $14,665,129 |
The Parasol Tahoe Community Foundation Inc Incline Village, NV | $97,913,034 | $15,633,796 |