The Josephine Hughes Sterling Foundation
The Josephine Hughes Sterling Foundation is a private foundation based in Dallas, Texas. The foundation has been tax-exempt since March 2012 and operates as a grantmaking organization supporting nonprofit work across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.4M
-10.9% YoY
Annual Giving
$2.7M
+20.6% YoY
Grant Count
46
+31.4% YoY
Avg Grant Size
$59K
-8.2% YoY
Mission & Focus Areas
The foundation's grant-making priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Texas
- New Mexico
- Virginia
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $6,351,144 (as of most recent filing)
Total Giving: $2,722,500 (2024 fiscal year)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,351,144 | $7,131,204 | $7,830,228 |
| Revenue | $2,415,863 | $2,018,446 | $1,961,112 |
| Expenses | $3,195,923 | $2,717,455 | $1,863,307 |
| Qualifying Distributions | $3,025,245 | $2,551,861 | $1,692,028 |
| Net Investment Income | $2,278,185 | $1,877,352 | $1,815,833 |
| Distributable Amount | $3,089,618 | $2,950,730 | $2,531,457 |
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
121 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 |
|---|---|---|---|
| Carolyn Ann Huckabee | Pres/Treas/Dir | 30 | $60,000 |
| Raymond A Krell | VP/Treas/Dir | 20 | $60,000 |
| Robert H Kroney | Director | 20 | $60,000 |
| Angela Krell | Director | 1 | $10,000 |
| Jaime Macon | Director | 1 | $10,000 |
Subject Areas
Focus areas based on grantmaking activity
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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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