Jack and Peggy Sturm Foundation
Jack and Peggy Sturm Foundation is a private foundation, based in Madison, WI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $4.0M in total assets. In 2025, it awarded 1 grant totaling $190K. Net investment income was $645K.
Jack and Peggy Sturm Foundation at a glance
In short: Jack and Peggy Sturm Foundation gave $190K across 1 grant in 2025 (avg $190K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $190,000
- +15.2% vs 2024
- Grants made (2025)
- 1
- -50.0% vs 2024
- Average grant
- $190,000
- +130.3% vs 2024
- Median grant
- $190,000
- Total assets
- $3,965,859
- +29.2% vs 2024
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Jack and Peggy Sturm Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Mayo Clinic ($190K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 6 (83%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How Jack and Peggy Sturm Foundation gives
- Giving held roughly steady from 2022 to 2025 (+9%). Method
- In 2025 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $125K (2019) to $190K (2025). In 2025 it made 1 grant totaling $190K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mayo Clinic Rochester, MN | Program Support | $190,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,965,859 | $1,095,070 | $199,662 | $190,000 | 1 | $199,662 | $645,408 | $200,605 |
| 2024 | $3,070,451 | $642,972 | $165,000 | $165,000 | 2 | $165,000 | $392,972 | $182,566 |
| 2023 | $2,592,479 | $91,829 | $165,000 | $165,000 | 1 | $165,000 | $91,829 | $168,504 |
| 2022 | $2,665,650 | $178,344 | $177,918 | $175,000 | 1 | $175,000 | $178,344 | $169,397 |
| 2021 | $2,665,061 | $303,095 | $130,025 | $130,000 | 1 | $130,000 | $303,070 | $167,662 |
| 2020 | $2,491,989 | $110,843 | $147,546 | $145,000 | 2 | — | $108,297 | $140,052 |
| 2019 | $2,528,692 | $126,329 | $126,770 | $125,000 | 1 | — | $124,559 | $140,778 |
Under IRS private-foundation payout rules, Jack and Peggy Sturm Foundation reported a distributable amount of $201K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Jack and Peggy Sturm Foundation is led by Jack Sturm, President on every filing since 2019; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jack Sturm
President
On filings since 2019
1 hr/week
No compensation reported
Cheryl Sturm
Secretary
On filings since 2019
1 hr/week
No compensation reported
Paul Sturm
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Peggy Sturm
Vice President
On filings since 2019
1 hr/week
No compensation reported
Nikki Sturm
Vice President
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Wisconsin Sturm (2019) — Vice President
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Jack and Peggy Sturm Foundation
How much does Jack and Peggy Sturm Foundation give each year?
Jack and Peggy Sturm Foundation gave $190K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $165K across 2 grants.
How large is Jack and Peggy Sturm Foundation?
Jack and Peggy Sturm Foundation reported $4.0M in total assets on its 2025 IRS Form 990-PF. It paid out $200K in qualifying distributions that year, against a required minimum of $201K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Jack and Peggy Sturm Foundation operate?
Jack and Peggy Sturm Foundation has awarded grants in Florida, Minnesota, North Carolina, Wisconsin.
What is Jack and Peggy Sturm Foundation's EIN?
Jack and Peggy Sturm Foundation's EIN (Employer Identification Number) is 81-3701037. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 8, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 21, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
Live grants for the work Jack and Peggy Sturm Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Jack and Peggy Sturm Foundation's focus areas in our free grants database
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