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Filing year 2024

STERNER FOUNDATION INC

Abilene, Kansas·EIN 48-0847407·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$550k
Total assets
$5.7M
Total expenses
$357k
Reported officers
3

Reported officers (all unpaid)

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

Secretary
President
Treasurer
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at STERNER FOUNDATION INC equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
5%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$277k

Itemized grants

2

Median grant

$139k

RecipientLocationPurposeAmount
CENTRAL KANSAS FREE FAIRABILENE, KSCKFF BEEF BARNS, TABLES AND CHAIRS$262k
HISTORIC ABILENE INCABILENE, KSPAVILION ENHANCEMENTS,EDUCATION CENT$16k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

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

RevenueExpenses
$1.8M
$276k
2023
$550k
$357k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Kansas

STERNER FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Kansas earns a median of $10,800.

25th percentile
$3k
Median
$10,800
75th percentile
$43k
90th percentile
$102k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 423 organizations across 423 filings (2023 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Kansas

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FAQ

Common questions about STERNER FOUNDATION INC

What are STERNER FOUNDATION INC's revenue and expenses?

In 2024, STERNER FOUNDATION INC reported $550k in total revenue and $357k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.