Starlight Foundation Inc is a private foundation focused on Education, based in BORDEN, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 23 grants totaling $105K. Net investment income was $171K.
Key facts about Starlight Foundation Inc
- EIN
- 31-1140527
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $105,390
- Grants made (2024)
- 23
- Average grant
- $4,582
- Median grant
- $2,000
- Total assets
- $2,671,795
- Primary geography
- Indiana (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Starlight Foundation Inc funds
By grant dollars, the top recipient states for Starlight Foundation Inc's 23 itemized 2024 grants were Indiana (100%). The most frequent recipient cities were New Albany, IN (7 grants), Borden, IN (3 grants), Clarksville, IN (3 grants) and Jeffersonville, IN (2 grants). None of its 23 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Further Exempt Purpose" (23 grants).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
+9.2% YoY
Annual Giving
$105K
+4.5% YoY
Grant Count
23
-4.2% YoY
Avg Grant Size
$5K
+9.0% YoY
Under IRS private-foundation payout rules, Starlight Foundation Inc reported a distributable amount of $135K for 2024 — the minimum it must pay out in qualifying distributions.
About Starlight Foundation Inc
Based on IRS filings
Starlight Foundation Inc is a private foundation focused on Education, based in BORDEN, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 23 grants totaling $105K. Net investment income was $171K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 23 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,671,795 | $2,446,863 | $2,274,300 |
| Revenue | $348,294 | $308,058 | $910,980 |
| Expenses | $123,362 | $135,495 | $144,231 |
| Qualifying Distributions | $105,390 | $100,890 | $122,642 |
| Net Investment Income | $171,340 | $131,655 | $910,509 |
| Distributable Amount | $135,130 | $116,173 | $99,342 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
102 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include River Heritage Conservancy ($20,000), Town of Borden - Environmental Preservation ($20,000), The Montessori Field School ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| RIVER HERITAGE CONSERVANCY JEFFERSONVILLE, IN | TO FURTHER EXEMPT PURPOSE | $20,000 |
| TOWN OF BORDEN - ENVIRONMENTAL PRESERVATION BORDEN, IN | TO FURTHER EXEMPT PURPOSE | $20,000 |
| THE MONTESSORI FIELD SCHOOL GREENVILLE, IN | TO FURTHER EXEMPT PURPOSE | $15,000 |
| ST JOHN THE BAPTIST CATHOLIC CHURCH FLOYD KNOBS, IN | TO FURTHER EXEMPT PURPOSE | $12,500 |
| PROSSER ALUMNI ASSOCIATION NEW ALBANY, IN | TO FURTHER EXEMPT PURPOSE | $5,000 |
| SISTERS OF ST BENEDICT FERDINAND, IN | TO FURTHER EXEMPT PURPOSE | $5,000 |
| ST MARY GREENSBURG - FOOD FOR THE POOR GREENSBURG, IN | TO FURTHER EXEMPT PURPOSE | $5,000 |
| HOLY FAMILY - EDUCATIONS NEW ALBANY, IN | TO FURTHER EXEMPT PURPOSE | $4,000 |
| HOSPARUS NEW ALBANY, IN | TO FURTHER EXEMPT PURPOSE | $3,050 |
| PROVIDENCE HIGH SCHOOL CLARKSVILLE, IN | TO FURTHER EXEMPT PURPOSE | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS KOETTER JR | PRESIDENT | 1 | — |
| GERALD KOETTER | SECRETARY | 1 | — |
| RANDALL KOETTER | VICE PRESIDENT | 1 | — |
| RICHARD KOETTER | TREASURER | 1 | — |
| BRIAN KOETTER | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Starlight Foundation Inc?
Starlight Foundation Inc is a private foundation focused on Education, based in BORDEN, IN. It holds $2.7M in total assets as of 2024.
How large is Starlight Foundation Inc?
As of 2024, Starlight Foundation Inc holds $2.7M in total assets with $348K in annual revenue. It awarded 23 grants totaling $105K in 2024.
Where does Starlight Foundation Inc operate?
Starlight Foundation Inc has awarded grants in Indiana, Kentucky, New Jersey, Texas.
What size grants does Starlight Foundation Inc award?
In 2024, Starlight Foundation Inc awarded 23 grants totaling $105K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Starlight Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Starlight Foundation Inc reported a distributable amount of $135K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Starlight Foundation Inc's EIN?
Starlight Foundation Inc's EIN (Employer Identification Number) is 31-1140527. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Starlight Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.