John L Starks Foundation Inc

Organization Overview

John L Starks Foundation Inc is located in Stamford, CT. The organization was established in 1996. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John L Starks Foundation Inc 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 12/2022, John L Starks Foundation Inc generated $203.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $166.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE MONETARY GRANTS TO HIGH SCHOOL STUDENTS WITH A COMMITMENT TO COMMUNITY SERVICE

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SCHOLARSHIPS FOR HIGH SCHOOL SENIORS' SECONDARY EDUCATION BASED ON FINANCIAL NEED AND ACADEMIC PERFORMANCE. DONATIONS WERE MADE TO VARIOUS NON PROFITS WHOSE MISSION AND GOALS ARE COMPATIBLE WITH THE JOHN L. STARKS FOUNDATION.


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Board, Officers & Key Employees

Name (title)Compensation
Herb Williams
Director
$0
Brian Herbst
Director
$0
Ray Lucas
Director
$0
Jennifer Alpert
Executive Director
$0
John L Starks
President
$0
Anthony J Princi
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$233,457
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,878
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$236,335
Total Program Service Revenue$0
Investment income $1,809
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$393
Net Income from Fundraising Events -$34,366
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $203,792

Grants Awarded

Over the last fiscal year, John L Starks Foundation Inc has awarded $26,250 in support to 4 organizations.

Grant RecipientAmount

BETHANY HOUSE

PURPOSE: DONATION

$6,250

BISHOP MCLOUGHLIN HIGH SCHOOL

PURPOSE: SCHOLARSHIP

$5,000

LEGENDS FOUNDATION

PURPOSE: TUTORIAL PROGRAM

$5,000

OUR LADY OF MERCY ACADEMY

PURPOSE: SCHOLARSHIP

$10,000
View Grant Profile

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