Sterns Charitable Foundation Inc The
- Assets
- $2.9m
- Revenue
- $86.0k
- Investments
- $2.8m
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 01/1976
- Data as of
- 09/2023
- EIN
- 51-0178685
Organization Overview
Sterns Charitable Foundation Inc The is located in Lincoln, NE. The organization was established in 1976. 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. Sterns Charitable Foundation Inc The 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 09/2023, Sterns Charitable Foundation Inc The generated $86.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $140.4k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sterns Charitable Foundation Inc The has awarded 39 individual grants totaling $233,550. 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 |
|---|---|---|---|
Douglas Lienemann President | 1 | $12,610 | |
Jodi Daily Trustee | 0.5 | $4,442 | |
Del Lienemann Jr Fnd Mgr, Vice-Pres, Treas | 3 | $16,694 | |
Laura Bishop Secretary | 0.5 | $4,442 | |
Anne Ferguson Trustee | 0.5 | $2,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,963 |
| Dividends & Interest | $81,996 |
| 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 | $85,959 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,588 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,788 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $219 |
| Printing and publications | $0 |
| Other expenses | $3,165 |
| Total operating and administrative expenses | $57,929 |
| Contributions, gifts, grants paid | $82,500 |
| Total expenses and disbursements | $140,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $137,576 |
| 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 | $2,890,816 |
| Accounts payable and accrued expenses | $5,131 |
| 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 | $5,131 |
Grants Awarded
Over the last fiscal year, Sterns Charitable Foundation Inc The has awarded $82,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
AEOLA H BRENNEMAN LIBRARY FOUNDATION PURPOSE: DIGITALIZING MICROFILM | $6,500 |
BRIGHAM YOUNG UNIVERSITY PURPOSE: STUDENT SCHOLARSHIPS | $1,000 |
CASPER COMMUNITY COLLEGE PURPOSE: STUDENT SCHOLARSHIPS | $1,000 |
CHADRON STATE COLLEGE PURPOSE: STUDENT SCHOLARSHIPS | $1,000 |
CONCORDIA UNIVERSITY PURPOSE: STUDENT SCHOLARSHIPS | $1,000 |
SOUTH DAKOTA SCHOOL OF MINES PURPOSE: STUDENT SCHOLARSHIPS | $1,000 |