Sterrett Family Foundation Inc
Sterrett Family Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 5 grants totaling $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2K
-80.2% YoY
Annual Giving
$5K
+40.0% YoY
Grant Count
5
+150.0% YoY
Avg Grant Size
$1K
-44.0% YoY
Under IRS private-foundation payout rules, Sterrett Family Foundation Inc reported a distributable amount of $226 for 2024 — the minimum it must pay out in qualifying distributions.
About Sterrett Family Foundation Inc
Based on IRS filings
Sterrett Family Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 5 grants totaling $5K.
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 | $1,516 | $7,666 | $2,064 |
| Revenue | — | $10,000 | $25,000 |
| Expenses | $6,150 | $4,398 | $24,125 |
| Qualifying Distributions | $5,250 | $3,750 | $23,500 |
| Net Investment Income | — | — | — |
| Distributable Amount | $226 | $240 | $80 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
39 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kelley School of Business ($2,500), Impact 100 Indy ($1,000), St Margarets Hospital Guild ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| IMPACT 100 INDY INDIANAPOLIS, IN | GENERAL ASSISTANCE | $1,000 |
| KELLEY SCHOOL OF BUSINESS BLOOMINGTON, IN | GENERAL ASSISTANCE | $2,500 |
| GORHAM COMMUNITY DEVELOPMENT GORHAM, ME | GENERAL ASSISTANCE | $250 |
| CANDLES HOLOCAUST MUSEUM AND EDUCATION CENTER TERRE HAUTE, IN | GENERAL ASSISTANCE | $500 |
| ST MARGARETS HOSPITAL GUILD INDIANAPOLIS, IN | GENERAL ASSISTANCE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN E STERRETT | PRESIDENT | 1 | — |
| BETTY L STERRETT | VICE PRESIDENT | 1 | — |
| KIMBERLY A SEAITZ | VICE PRESIDENT | 1 | — |
| JEFFERY P STERRETT | VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sterrett Family Foundation Inc?
Sterrett Family Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in INDIANAPOLIS, IN. It holds $2K in total assets as of 2024.
How large is Sterrett Family Foundation Inc?
As of 2024, Sterrett Family Foundation Inc holds $2K in total assets. It awarded 5 grants totaling $5K in 2024.
Where does Sterrett Family Foundation Inc operate?
Sterrett Family Foundation Inc has awarded grants in Arizona, Illinois, Indiana, Massachusetts, Maine, Missouri, Virginia.
What size grants does Sterrett Family Foundation Inc award?
In 2024, Sterrett Family Foundation Inc awarded 5 grants totaling $5K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Sterrett Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sterrett Family Foundation Inc reported a distributable amount of $226 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sterrett Family Foundation Inc's EIN?
Sterrett Family Foundation Inc's EIN (Employer Identification Number) is 81-1106246. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sterrett Family 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.
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