Jack and Peggy Sturm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 2 grants totaling $165K. Net investment income was $393K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+18.4% YoY
Annual Giving
$165K
+0.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$83K
-50.0% YoY
Under IRS private-foundation payout rules, Jack and Peggy Sturm Foundation reported a distributable amount of $183K for 2024 — the minimum it must pay out in qualifying distributions.
About Jack and Peggy Sturm Foundation
Based on IRS filings
Jack and Peggy Sturm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 2 grants totaling $165K. Net investment income was $393K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,070,451 | $2,592,479 | $2,665,650 |
| Revenue | $642,972 | $91,829 | $178,344 |
| Expenses | $165,000 | $165,000 | $177,918 |
| Qualifying Distributions | $165,000 | $165,000 | $175,000 |
| Net Investment Income | $392,972 | $91,829 | $178,344 |
| Distributable Amount | $182,566 | $168,504 | $169,397 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mayo Clinic ($150,000), Little Wolf River Trail ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MAYO CLINIC ROCHESTER, MN | PROGRAM SUPPORT | $150,000 |
| LITTLE WOLF RIVER TRAIL MANAWA, WI | PROGRAM SUPPORT | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JACK STURM | PRESIDENT | 1 | — |
| PEGGY STURM | VICE PRESIDE | 1 | — |
| PAUL STURM | TREASURER | 1 | — |
| CHERYL STURM | SECRETARY | 1 | — |
| NIKKI STURM | VICE PRESIDE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jack and Peggy Sturm Foundation?
Jack and Peggy Sturm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, WI. It holds $3.1M in total assets as of 2024.
How large is Jack and Peggy Sturm Foundation?
As of 2024, Jack and Peggy Sturm Foundation holds $3.1M in total assets with $643K in annual revenue. It awarded 2 grants totaling $165K in 2024.
Where does Jack and Peggy Sturm Foundation operate?
Jack and Peggy Sturm Foundation has awarded grants in Florida, Minnesota, North Carolina, Wisconsin.
What size grants does Jack and Peggy Sturm Foundation award?
In 2024, Jack and Peggy Sturm Foundation awarded 2 grants totaling $165K — an average of about $83K per grant, based on its IRS Form 990 filings.
How much is Jack and Peggy Sturm Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jack and Peggy Sturm Foundation reported a distributable amount of $183K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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