Sterling Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CANTON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.3M in total assets. In 2024, it awarded 29 grants totaling $284K. Net investment income was $1.0M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.3M
+51.7% YoY
Annual Giving
$284K
+20.1% YoY
Grant Count
29
+38.1% YoY
Avg Grant Size
$10K
-13.0% YoY
Under IRS private-foundation payout rules, Sterling Family Foundation reported a distributable amount of $407K for 2024 — the minimum it must pay out in qualifying distributions.
About Sterling Family Foundation
Based on IRS filings
Sterling Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CANTON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.3M in total assets. In 2024, it awarded 29 grants totaling $284K. Net investment income was $1.0M.
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 | $8,296,097 | $5,468,611 | $4,166,795 |
| Revenue | $3,665,387 | $1,569,297 | $323,255 |
| Expenses | $380,565 | $293,189 | $216,963 |
| Qualifying Distributions | $286,030 | $238,030 | $174,080 |
| Net Investment Income | $1,034,945 | $512,241 | $77,795 |
| Distributable Amount | $407,032 | $297,585 | $272,037 |
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
98 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way of Greater Stark County ($120,000), Commquest Services Inc ($30,000), Akroncanton Regional Foodbank ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RED CROSS WASHINGTON, DC | GENERAL OPERATING | $15,000 |
| SAM CENTER MASSILLON, OH | GENERAL OPERATING | $2,000 |
| PERRY HIGH SCHOOL ADULT BOOSTER CLUB MASSILLON, OH | GENERAL OPERATING | $5,000 |
| BEACON CHARITABLE PHARMACY INC CANTON, OH | GENERAL OPERATING | $5,000 |
| TUNNELS TO TOWERS STATEN ISLAND, NY | GENERAL OPERATING | $5,000 |
| BUCKEYE CAREER CENTER FDN NEW PHILADELPHIA, OH | GENERAL OPERATING | $2,000 |
| JACKSON BEAR HUGS MASSILLON, OH | GENERAL OPERATING | $1,000 |
| PYMATUNING VALLEY ATHLETIC BOOSTERS ANDOVER, OH | GENERAL OPERATING | $10,000 |
| J R COLEMAN CANTON, OH | GENERAL OPERATING | $1,000 |
| THE SALVATION ARMY ALEXANDRIA, VA | GENERAL OPERATING | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| W MARK STERLING | TRUSTEE, PRESIDENT | 2 | — |
| JEFFREY W STERLING | TRUSTEE, V.P. | 2 | — |
| RICHARD WILLIAMS | TRUSTEE, SEC. TREASURER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sterling Family Foundation?
Sterling Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CANTON, OH. It holds $8.3M in total assets as of 2024.
How large is Sterling Family Foundation?
As of 2024, Sterling Family Foundation holds $8.3M in total assets with $3.7M in annual revenue. It awarded 29 grants totaling $284K in 2024.
Where does Sterling Family Foundation operate?
Sterling Family Foundation has awarded grants in District of Columbia, Kansas, New York, Ohio, Oregon, Texas, Virginia.
What size grants does Sterling Family Foundation award?
In 2024, Sterling Family Foundation awarded 29 grants totaling $284K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Sterling Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sterling Family Foundation reported a distributable amount of $407K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sterling Family Foundation's EIN?
Sterling Family Foundation's EIN (Employer Identification Number) is 75-3088351. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sterling Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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