Skip to content
Nonprofiteer
← STERLING DONOR ADVISED FUND

Form 990 for tax year 2023

Filed by STERLING DONOR ADVISED FUND.

Totals

Total revenue
$7,586,212
Total expenses
$2,273,649
Contributions and grants received
$5,439,004
Grants paid
$2,092,602
Program service revenue
$0
Investment income
$2,144,957
Other revenue
$2,251
Total assets, end of year
$48,616,353
Total liabilities, end of year
$3,414
Net assets or fund balances, end of year
$48,612,939
Program services expenses (Part IX)
$2,138,052
Management and general expenses
$135,597
Fundraising expenses
$0
Program service expenses (Part III)
$2,138,052

Program services were 94.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $5,439,004

  • 3 · Investment income

    total $1,895,277 · excluded $1,895,277

  • 7a · Gross sales of assets other than inventory

    securities $26,756,168

  • 7b · Less cost or other basis and sales expenses

    securities $26,506,488

  • 7c · Gain or loss

    securities $249,680

  • 7d · Net gain or loss

    total $249,680 · excluded $249,680

  • 11a · Other revenue: INCOME FROM PASSTHROUGH

    total $2,251 · unrelated business $2,251

  • 11e · Other revenue, total

    $2,251

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,092,602 · program services $2,092,602

  • 11a · Fees: management

    total $90,900 · program services $45,450 · management and general $45,450

  • 11g · Fees: other

    total $81,059 · management and general $81,059

  • 24a · Other expenses: ADMINISTRATIVE EXPENSE

    total $9,088 · management and general $9,088

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $6,962,010 · end of year $10,616,943

  • 7 · Other notes and loans receivable

    beginning of year $617,470 · end of year $603,794

  • 12 · Investments: other securities

    beginning of year $34,555,427 · end of year $37,395,616

  • 25 · Other liabilities

    beginning of year $800 · end of year $3,414

  • 27 · Net assets without donor restrictions

    beginning of year $42,134,107 · end of year $48,612,939

Mission and programs · 2023

Mission

EDUCATE THE GENERAL PUBLIC AND NONPROFIT ORGANIZATIONS TO ENCOURAGE CHARITABLE GIVING IN ALL FORMS BENEFICIAL TO NONPROFIT CHARITABLE ORGANIZATIONS.

  • EDUCATE THE GENERAL PUBLIC AND NONPROFIT ORGANIZATIONS TO ENCOURAGE CHARITABLE GIVING IN ALL FORMS BENEFICIAL TO NONPROFIT CHARITABLE ORGANIZATIONS.

    Expenses $2,138,052 · Grants $2,092,602

As filed on the 2023 return.

Listed in Part VII

  • James Lintott

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Roger Silk

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Paul Beckner

    TREASURER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • STERLING FOUNDATION MANAGEMENT LLC

    MANAGEMENT SERVICES · VA

  • BOWEN PEARSON POWERFUND LLC

    INVESTMENTS · NV · 99% owned

  • KING AND DIANE HUSEIN LEGACY LLC

    INVESTMENTS · WY · 97% owned

  • NORTH CREEK CAPITAL SYNDICATE LLC

    INVESTMENTS · CA · 99% owned

  • JW ARBOR FUND LLC

    INVESTMENTS · CA · 99% owned

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202413209349312221

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.