Sterling Ins Company Foundation
- Assets
- $1.1m
- Revenue
- $274.9k
- Investments
- $1.1m
- Employees
- 0
- Location
- Oneonta, NY
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-7199984
Organization Overview
Sterling Ins Company Foundation is located in Oneonta, NY. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Sterling Ins Company 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 12/2021, Sterling Ins Company Foundation generated $274.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $146.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Sterling Ins Company Foundation has awarded 380 individual grants totaling $765,096. 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 | $250,000 |
| Interest on Savings | $8,303 |
| Dividends & Interest | $16,383 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $211 |
| Capital Gain Net Income | $211 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $274,897 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,343 |
| 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 | $349 |
| Total operating and administrative expenses | $7,342 |
| Contributions, gifts, grants paid | $139,568 |
| Total expenses and disbursements | $146,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102 |
| Savings and temporary cash investments | $38,476 |
| 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 | $94,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,126,633 |
| 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, Sterling Ins Company Foundation has awarded $139,568 in support to 74 organizations.
| Grant Recipient | Amount |
|---|---|
Schoharie, NY PURPOSE: TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION | $50,000 |
Cobleskill, NY PURPOSE: TO PROVIDE SUPPORT FOR ORGANIZATION'S MISSION | $30,400 |
THE JOSHUA PROJECT PURPOSE: PROVIDE SUPPORT FOR ORGANIZATION'S MISSION | $6,525 |
SUNY COBLESKILL FOUNDATION PURPOSE: PROVIDE SUPPORT FOR ORGANIZATION'S MISSION | $5,350 |
CATHOLIC CHARITIES OF DELWARE OTSEG PURPOSE: PROVIDE SUPPORT FOR ORGANIZATION'S MISSION | $5,300 |
Cobleskill, NY PURPOSE: PROVIDE SUPPORT FOR ORGANIZATION'S MISSION | $5,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Braverhood Ltd Brooklyn, NY | $56,044,966 | $113,467,057 |
Chevron Phillips Chemical Co Lp Health & Benefit Tr Veba Pittsburgh, PA | $15,880,618 | $77,964,861 |
Coordinated Behavioral Care Inc New York, NY | $25,699,878 | $79,934,258 |
Success Academy Charter Schools Inc New York, NY | $162,966,057 | $99,368,525 |
Inspirittec Inc Philadelphia, PA | $65,630,872 | $75,964,924 |
Baker Hall Lackawanna, NY | $43,415,308 | $53,649,609 |
Pennsylvania Virtual Charter School King Of Prussia, PA | $24,898,829 | $49,068,085 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Proteus Fund Inc Amherst, MA | $47,115,132 | $46,264,432 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Pay It Forward Foundation Inc Pittsburgh, PA | $11,909,629 | $29,731,720 |
Lifesteps Inc Butler, PA | $25,871,848 | $32,536,752 |