Sterling Schools Foundation
TO PROMOTE EXCELLENCE BY FINDING CREATIVE AND INNOVATIVE PROJECTS FOR THE STAFF AND STUDENTS OF STERLING'S SCHOOLS. FOUNDATION MONIES ALLOW THE STERLING SCHOOL SYSTEM TO INITIATE, CONTINUE, OR EXPAND EDUCATIONAL PROJECTS OTHERWISE LEFT WITHOUT ADEQUATE MONEY TO PROCEED BECAUSE OF BUDGETARY CONSTRAINTS OR COMPELLING PRIORITIES. THE FOUNDATION IS DEDICATED TO THE IDENTIFICATION AND FUNDING OF PROGRAMS AND PROJECTS THAT WILL RAISE THE LEVEL OF ACADEMIC ACHIEVEMENT OF ALL STERLING PUBLIC SCHOOL STUDENTS. OUR GOAL IS TO HELP PROVIDE THE VERY BEST EDUCATION FOR STUDENTS AS THEY PREPARE FOR CHALLENGES OF LIFE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.7M
-0.9% YoY
Annual Giving
$875K
+128.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$875K
+128.3% YoY
About Sterling Schools Foundation
Based on IRS filings
Sterling Schools Foundation is a nonprofit organization, based in STERLING, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $7.7M in total assets. In 2024, it awarded 1 grants totaling $875K. Net investment income was $416K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,690,825 | $7,758,889 | $7,391,480 |
| Revenue | $1,559,586 | $1,072,222 | $1,221,484 |
| Expenses | $1,836,322 | $943,398 | $1,089,418 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $416,408 | $278,172 | $405,858 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
7 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 |
|---|---|---|---|
| JIM C SPENCER | EXECUTIVE DI | 30 | — |
| ED ANDERSEN | DIRECTOR | 1 | — |
| PAM CAPES | DIRECTOR | 1 | — |
| PETER W DILLON | VICE PRESIDE | 1 | — |
| TAD EVERETT | DIRECTOR | 1 | — |
| WILLIAM LEE | DIRECTOR | 1 | — |
| TERRY MCGUIRE | DIRECTOR | 1 | — |
| ALICE RETER | SECRETARY | 1 | — |
| HEATHER SOTELO | TREASURER | 1 | — |
| SCOTT WOLBER | PRESIDENT | 1 | — |
| GREG ZEIGLER | DIRECTOR | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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