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Filing year 2024

STEARNS FOUNDATION INC

Hutchinson, Minnesota·EIN 41-1609446·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$15k
Total assets
$209k
Total expenses
$13k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. STEARNS FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

Director
Secretary
President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$9k

Itemized grants

12

Median grant

$225

RecipientLocationPurposeAmount
DOLLARS FOR SCHOLARSHUTCHINSON, MNSCHOLARSHIPS OF STUDENTS$3k
GOPHER CAMPFIRE SANCTUARYHUTCHINSON, MNSUPPORT FOR INSTALL OF NEW FENCE$3k
RIVERSONG MUSIC FESTIVALHUTCHINSON, MNSUPPORT OF COMMUNITY$1k
HUTCH CENTER FOR THE ARTSHUTCHINSON, MNGENERAL PROGRAM SUPPORT$1k
MCLEOD ALLIANCEHUTCHINSON, MNGENERAL PROGRAM SUPPORT$500
PARENTS FOR SENIORSHUTCHINSON, MNGENERAL SUPPORT$250
HUTCH CENTER FOR THE ARTSHUTCHINSON, MNGENERAL PROGRAM SUPPORT$200
HUTCHINSON HEALTH FOUNDATIONHUTCHINSON, MNSUPPORT FOR STROLL FOR HOPE$200
MEGHAN'S PLACEHUTCHINSON, MNBRACKET FOR MEGHAN'S PICKLE BALL$200
TIM ORTH MEMORIALHUTCHINSON, MNGENERAL PROGRAM SUPPORT, 2024 BENEFI$200
UNITED WAY OF MCLEOD COUNTYGLENCOE, MNGENERAL SUPPORT$200
UNITED WAY OF MCLLEOD COUNTYHUTCHINSON, MNSPONSOR YOUTH ACTIVITY$200
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

STEARNS FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$14k
$11k
2023
$15k
$13k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

STEARNS FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota
FAQ

Common questions about STEARNS FOUNDATION INC

What are STEARNS FOUNDATION INC's revenue and expenses?

In 2024, STEARNS FOUNDATION INC reported $15k in total revenue and $13k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.