Richard A & Donna L Sterban Foundation
- Assets
- $404.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grosse Pointe, MI
- Founding
- 02/1998
- Data as of
- 12/2023
- EIN
- 38-3383414
Organization Overview
Richard A & Donna L Sterban Foundation is located in Grosse Pointe, MI. The organization was established in 1998. 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. Richard A & Donna L Sterban Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard A Sterban President | 0.25 | $1,000 | |
Donna L Sterban Treasurer | 0.25 | $1,000 | |
S Gary Spicer Sr Secretary | 0.25 | $1,000 | |
Alan Trammell Director | 0.25 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,801 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,351 |
| Contributions, gifts, grants paid | $23,500 |
| Total expenses and disbursements | $31,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $404,779 |
| 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 | $404,779 |
| 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, Richard A & Donna L Sterban Foundation has awarded $23,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BAYSIDE ACADEMY PURPOSE: GENERAL SUPPORT | $500 |
JO BYRNS HIGH SCHOOL PURPOSE: ATHLETICS | $13,000 |
RED RIVER BAPTIST CHURCH PURPOSE: GENERAL SUPPORT | $5,000 |
VANDERBILT UNIVERSITY PURPOSE: ATHLETICS | $5,000 |