Funder DirectorySTEARNS FOUNDATION INC
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Private foundation (trust)EIN 411609446Est. 1989-01

STEARNS FOUNDATION INC

HUTCHINSON, MN 55350

Accepts unsolicited proposals

Total Assets

$234K

FY 2024

Annual Giving

$9K

FY 2024

Grants Made

12

FY 2024

Avg Grant

$767

FY 2024

Grant Range

$200–$3K

Typical

Deadlines

Corey stearns none

Applications

Financial Snapshot

2024 filing

Total Revenue

$15K

Total Expenses

$13K

Qualifying Distributions

$9K

Distributable Amount

$11K

Min. Investment Return

$12K

Undistributed Income

$2K

Payout rate 81%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.81%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

12 grants

Grant sizes from minimum $200 through median $225 to maximum $3K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

6 years

Giving over time from 2018 to 2024. Peak $18K in 2018. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

75 grants

DOLLARS FOR SCHOLARS
$15K
6 grants
RIDGEWATER COLLEGE FOUDATION
$5K
1 grant
ISD 423
$5K
2 grants
RIVERSONG MUSIC FESTIVAL
$4K
3 grants
RIVERSONG MUSIC
$3K
2 grants
GOPHER CAMPFIRE SANCTUARY
$3K
1 grant
HUTCHINSON CENTER FOR THE ARTS
$2K
2 grants
HUTCH CENTER FOR THE ARTS
$2K
3 grants

Grant Size Distribution

75 grants

<$10K
75
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

Minnesota
$56K
100% of total

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STEARNS FOUNDATION INC — Grants, Financials & Contact | Grantivo