Stearns Charitable Trust
The Stearns Charitable Trust is a private foundation established in 1947 in Massachusetts. The trust is located in Philadelphia, Pennsylvania and operates as a 501(c)(3) organization with no employees. It functions as an independent foundation focused on grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.5M
+8.2% YoY
Annual Giving
$397K
-3.1% YoY
Grant Count
41
-4.7% YoY
Avg Grant Size
$10K
+1.6% YoY
Mission & Focus Areas
The trust emphasizes support for cultural programs, including science museums, as well as libraries, community funds, environmental initiatives, aquariums, and social services.
Grantmaking
The Stearns Charitable Trust made 51 grants in 2024. Recent grant recipients include:
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Geographic Focus
Where this funder awards grants
The trust has demonstrated funding activity in Massachusetts and Pennsylvania, with grants to organizations in these regions.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $8,480,788
- Total Revenues: $1,085,763
- Total Expenses: $454,895
- Investment Income and Dividends: $154,042
- Net Gain from Sale of Non-Inventory Assets: $931,721
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,480,788 | $7,836,579 | $7,139,728 |
| Revenue | $1,085,763 | $239,343 | $229,359 |
| Expenses | $454,895 | $481,942 | $417,717 |
| Qualifying Distributions | $400,215 | $412,781 | $332,540 |
| Net Investment Income | $1,030,950 | $170,182 | $156,005 |
| Distributable Amount | $404,468 | $370,747 | $393,668 |
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
218 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES A GASSEL | TRUSTEE | 1 | — |
| KIMBERLY B SOULE | TRUSTEE | 1 | — |
| SARAH J LODGE | TRUSTEE | 1 | — |
Contact Information
Address: 1650 Market Street, Floor 47, Philadelphia, PA 19103-7308
Telephone: 215-640-3432
EIN: 04-6036697
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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