Roy & Christine Sturgis Educational Charitable Trust
- Assets
- $32.6m
- Revenue
- $1.3m
- Investments
- $30.8m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 09/1984
- Data as of
- 09/2023
- EIN
- 75-6331832
Organization Overview
Roy & Christine Sturgis Educational Charitable Trust is located in Dallas, TX. The organization was established in 1984. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Roy & Christine Sturgis Educational Charitable Trust 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, Roy & Christine Sturgis Educational Charitable Trust generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $3.4m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Roy & Christine Sturgis Educational Charitable Trust has awarded 286 individual grants totaling $8,005,816. 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 | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $880,956 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $207,770 |
| Capital Gain Net Income | $207,770 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $235,683 |
| Total Revenue | $1,324,409 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $275,821 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32,768 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $53,950 |
| Total operating and administrative expenses | $556,581 |
| Contributions, gifts, grants paid | $2,859,000 |
| Total expenses and disbursements | $3,415,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,756,977 |
| 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 | $1 |
| Total assets | $32,592,001 |
| 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 Educational Charitable Trust has awarded $2,859,000 in support to 120 organizations.
| Grant Recipient | Amount |
|---|---|
CLINTON FOUNDATION PURPOSE: UNRESTRICTED GENERAL | $25,000 |
UNIVERSITY OF ARKANSAS PURPOSE: UNRESTRICTED GENERAL | $25,000 |
UNIVERSITY OF ARKANSAS FOUNDATION PURPOSE: SUPPORT FOR UAPB MARCHING | $25,000 |
METHODIST FAMILY HEALTH FOUNDATION PURPOSE: UNRESTRICTED GENERAL | $10,000 |
UNIVERSITY OF ARKANSAS FOUNDATION PURPOSE: SCHOOL OF NURSING | $25,000 |
AMERICAN CANCER SOCIETY INC PURPOSE: DALLAS AREA ACCESS TO CARE | $25,000 |