Sterrett Family Foundation Inc

Private foundation · Grantmaker Indianapolis, IN EIN: 81-1106246

Sterrett Family Foundation Inc is a private foundation based in Indianapolis, Indiana. Its 2025 filing reports grants to charitable organizations, including education, youth-development, health, and community organizations.

Key facts about Sterrett Family Foundation Inc

In short: Sterrett Family Foundation Inc gave $334K across 11 grants in 2025 (avg $30K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
81-1106246
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$334,164
Grants made (2025)
11
Average grant
$30,379
Median grant
$10,000
Total assets
$167,480
Primary geography
Florida (60% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$167K

+10947.5% YoY

Annual Giving

$334K

+6265.0% YoY

Grant Count

11

+120.0% YoY

Avg Grant Size

$30K

+2793.2% YoY

Under IRS private-foundation payout rules, Sterrett Family Foundation Inc reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.

How Sterrett Family Foundation Inc gives

  • 18% of 2025 grantees were also funded in 2024. Method
  • Giving grew 1322% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grantees include Butler University, which describes its mission as creating a collaborative learning environment and preparing learners to lead meaningful lives; Tindley Accelerated Schools, which offers a college-preparatory program; and South Bronx United, which uses soccer to support youth character, education, health, and leadership. These are the grantees’ descriptions of their own work.

Grantmaking

In 2025, the foundation reported 11 grants totaling $334,164. Grants ranged from $100 to $200,000, with a median of $10,000. The largest grants were $200,000 to First Tee Foundation Inc, $50,000 to Butler University, $25,000 to Cathedral High School, $20,000 to Geist Christian Church, and $11,314 to Tindley Accelerated Schools.

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Geographic Focus

Where this funder awards grants

In 2025, 60% of grant dollars went to recipients in Florida and 33% to recipients in Indiana. The remaining shares went to New York (3%), Ohio (3%), and Illinois (1%).

Grant Distribution by State

11states

Share of 2025 grant dollars across all 11 itemized grants.

Cities

IndianapolisScottsdaleBloomingtonFranklinGolfKansas CityNoblesvilleBronxClevelandFishersGlenviewGorhamHarrisburgLiberty CornerPhoenixPonte Vedra BeachRye BrookSpeedwayTerre HauteThe Bronx

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K24 grants2019 19 grants2020 9 grants2021 4 grants2022 2 grants2023 5 grants2024 11 grants2025

From 2019 to 2025, annual grant giving ranged from $4K (2023) to $404K (2019). In 2025 it made 11 grants totaling $334K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

First Tee Foundation Inc: $200KFirst Tee Foundation Inc$200KButler University: $50KButler University$50KCathedral High School: $25KCathedral High School$25KGeist Christian Church: $20KGeist Christian Church$20KTindley Accelerated Schools: $11KTindley Accelerated Schools$11KSouth Bronx United Inc: $10KSouth Bronx United Inc$10KCleveland Clinic Foundation: $10KCleveland Clinic Foundation$10KEvans Scholars Foundation: $5KEvans Scholars Foundation$5KSt Margarets Hospital Guild: $2KSt Margarets Hospital Guild$2KImpact 100 Indy: $1KImpact 100 Indy$1K

The largest 2025 recipient was First Tee Foundation Inc ($200K). Together the top 10 received $334K.

Grant Size Distribution

31 grants across all recorded years

29<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 29 grants of 31 (94%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
First Tee Foundation Inc Ponte Vedra Beach, FLGeneral Purposes$200,000
Butler University Indianapolis, INGeneral Purposes$50,000
Cathedral High School Indianapolis, INGeneral Assistance$25,000
Geist Christian Church Indianapolis, INGeneral Assistance$20,000
Tindley Accelerated Schools Indianapolis, INGeneral Purposes$11,314
South Bronx United Inc Bronx, NYGeneral Purposes$10,000
Cleveland Clinic Foundation Cleveland, OHGeneral Purposes$10,000
Evans Scholars Foundation Glenview, ILGeneral Purposes$5,000
St Margarets Hospital Guild Indianapolis, INGeneral Assistance$1,500
Impact 100 Indy Indianapolis, INGeneral Assistance$1,250

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $167,480 $502,208 $336,244 $334,164
2024 $1,516 — $6,150 $5,250
2023 $7,666 $10,000 $4,398 $3,750

The foundation files Form 990-PF.

Revenue
Expenses
Qualifying Distributions
$0$200K$400K$600K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$167,480$1,516$7,666
Revenue$502,208—$10,000
Expenses$336,244$6,150$4,398
Qualifying Distributions$336,244$5,250$3,750
Distributable Amount$4,162$226$240

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 21, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 5, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 27, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 10, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 15, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 20, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Stephen E Sterrett as president and Betty L Sterrett, Kimberly A Seaitz, and Jeffery P Sterrett as vice presidents.

Sterrett Family Foundation Inc is led by Stephen E. Sterrett, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Stephen E. Sterrett

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Betty L. Sterrett

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jeffery P. Sterrett

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kimberly A. Seaitz

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 6906 Royal Oakland Way, Indianapolis, IN 46236
Phone: (317) 823-1019

Frequently asked questions about Sterrett Family Foundation Inc

How much does Sterrett Family Foundation Inc give each year?

Sterrett Family Foundation Inc gave $334K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5K across 5 grants.

What is Sterrett Family Foundation Inc's typical grant size?

Sterrett Family Foundation Inc's median grant in 2025 was $10,000, and its average grant was $30,379, across 11 grants on its 2025 IRS Form 990-PF.

Where does Sterrett Family Foundation Inc give grants?

Sterrett Family Foundation Inc gives mostly in Florida: 60% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Indiana (33%). The most frequent recipient cities were Indianapolis, IN (6 grants).

Does Sterrett Family Foundation Inc give general operating support?

Yes: 100% of Sterrett Family Foundation Inc's 2025 grants with a stated purpose (11 of 11) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Sterrett Family Foundation Inc's largest grantees?

Sterrett Family Foundation Inc's largest 2025 grantees include First Tee Foundation Inc ($200,000), Butler University ($50,000) and Cathedral High School ($25,000), according to its 2025 IRS Form 990-PF. Together they received 82% of its itemized 2025 grant dollars.

How large is Sterrett Family Foundation Inc?

Sterrett Family Foundation Inc reported $167K in total assets on its 2025 IRS Form 990-PF. It paid out $336K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).

What does Sterrett Family Foundation Inc fund?

No mission statement for the foundation is provided. See mission & focus areas ↑

How do I apply for a grant from Sterrett Family Foundation Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 2019–2025.

Does Sterrett Family Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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