Roy & Christine Sturgis Foundation
- Assets
- $174.5k
- Revenue
- $38.9k
- Investments
- $145.1k
- Employees
- 0
- Location
- Sparkman, AR
- Founding
- 09/1962
- Data as of
- 11/2023
- EIN
- 71-6057144
Organization Overview
Roy & Christine Sturgis Foundation is located in Sparkman, AR. The organization was established in 1962. 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. Roy & Christine Sturgis 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 11/2023, Roy & Christine Sturgis Foundation generated $38.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $28.6k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Roy & Christine Sturgis Foundation has awarded 304 individual grants totaling $326,800. 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 |
|---|---|---|---|
Donald R White President | 1 | $0 | |
Donald B White Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $36,652 |
| 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 | $2,295 |
| Total Revenue | $38,947 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $130 |
| Total operating and administrative expenses | $130 |
| Contributions, gifts, grants paid | $28,500 |
| Total expenses and disbursements | $28,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,439 |
| 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 | $174,504 |
| 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, Roy & Christine Sturgis Foundation has awarded $28,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
MOLLY RAY PURPOSE: EDUCATION | $3,500 |
ZACH CLOUD PURPOSE: EDUCATION | $3,500 |
KATELYN LANGSTON PURPOSE: EDUCATION | $3,500 |
HAYDEN CHILDERS PURPOSE: EDUCATION | $3,500 |
TAYLOR PENNINGTON PURPOSE: EDUCATION | $3,000 |
GREYSON HUNNEYCUTT PURPOSE: EDUCATION | $3,500 |