True North Foundation (FKA Stertzer Family Charitable Fnd)
True North Foundation (FKA Stertzer Family Charitable Fnd) is a private foundation, based in Hilton Head, SC. IRS filing data is available from 2019 through 2021. In 2021, it awarded 2 grants totaling $5K. Net investment income was $154K.
Key facts about True North Foundation (FKA Stertzer Family Charitable Fnd)
In short: True North Foundation (FKA Stertzer Family Charitable Fnd) gave $5K across 2 grants in 2021 (avg $3K), mostly in South Carolina. Source: 2021 IRS Form 990-PF.
- EIN
- 31-1576310
- Latest 990 filing
- Form 990-PF, 2021
- Annual giving (2021)
- $5,225
- Grants made (2021)
- 2
- Average grant
- $2,613
- Median grant
- $2,613
- Primary geography
- South Carolina (100% of itemized 2021 grant dollars)
Data from IRS Form 990-PF, 2021; updated September 2026.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$5K
-94.1% YoY
Grant Count
2
-71.4% YoY
Avg Grant Size
$3K
-79.2% YoY
Under IRS private-foundation payout rules, True North Foundation (FKA Stertzer Family Charitable Fnd) reported a distributable amount of $4K for 2021 — the minimum it must pay out in qualifying distributions.
How True North Foundation (FKA Stertzer Family Charitable Fnd) gives
- In 2021 it paid out 146% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 2 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2021, annual grant giving ranged from $5K (2021) to $88K (2020). In 2021 it made 2 grants totaling $5K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2021
The largest 2021 recipient was Boys & Girls Clubs of the Lowcountry ($5K). Together the top 2 received $5K.
Grant Size Distribution
19 grants across all recorded years
The most common grant size was under $50K: 18 grants of 19 (95%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boys & Girls Clubs of the Lowcountry Hilton Head Island, SC | Community | $5,000 |
| Christian Heritage Breakfast Hilton Head Island, SC | Religious | $225 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 | 2019 |
|---|---|---|---|
| Total Assets | — | $202,269 | $256,100 |
| Revenue | $156,559 | $43,221 | $40,689 |
| Expenses | $7,341 | $97,052 | $81,041 |
| Qualifying Distributions | $5,225 | — | — |
| Net Investment Income | $154,443 | $34,169 | $31,662 |
| Distributable Amount | $3,567 | $16,602 | $18,260 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS August 6, 2020)
- IRS filings on file for fiscal years 2019–2021
Leadership & Key People
Officers and directors from IRS filings
True North Foundation (FKA Stertzer Family Charitable Fnd)'s 2021 filing lists 3 officers; none of the 3 officers listed in 2021 report compensation.
Officers on the 2021 filing
Brian R. Stertzer
Trustee
On filings since 2019
1 hr/week
No compensation reported
Carol W. Stertzer
Trustee
On filings since 2019
No compensation reported
Robert E. Warwick
Trustee
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about True North Foundation (FKA Stertzer Family Charitable Fnd)
How much does True North Foundation (FKA Stertzer Family Charitable Fnd) give each year?
True North Foundation (FKA Stertzer Family Charitable Fnd) gave $5K across 2 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $88K across 7 grants.
Where does True North Foundation (FKA Stertzer Family Charitable Fnd) operate?
True North Foundation (FKA Stertzer Family Charitable Fnd) has awarded grants in Arizona, Colorado, Florida, Missouri, Nebraska, Ohio, South Carolina, Texas.
How much is True North Foundation (FKA Stertzer Family Charitable Fnd) required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, True North Foundation (FKA Stertzer Family Charitable Fnd) reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is True North Foundation (FKA Stertzer Family Charitable Fnd)'s EIN?
True North Foundation (FKA Stertzer Family Charitable Fnd)'s EIN (Employer Identification Number) is 31-1576310. IRS Form 990 filing data is available on this page for 2019–2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching True North Foundation (FKA Stertzer Family Charitable Fnd) by hand.
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