THE STERLING DONOR ADVISED FUND C/O STERLING FOUNDATION MANAGEMENT LLC

EIN 270418124 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

← All sponsors
DAF assets
$48.55M
at fiscal year end
Grants out
$2.09M
from DAF accounts
Contributions in
$5.44M
received into DAFs
Payout rate
4.3%
median is 12.5%
Accounts
30
funds held at year end
Average account
$1.6M
assets per fund

At 4.3%, this sponsor granted less than the 5% a private foundation is legally required to distribute, and paid out about one third of the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$20.7M
FY2019
$21.1M
FY2020
$34.1M
FY2021
$38.0M
FY2022
$48.6M
FY2023

Grants paid by year

$4.0M
FY2019
$2.2M
FY2020
$2.4M
FY2021
$514K
FY2022
$2.1M
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 90 grant lines totalling $10.5M across 2019–2024 — $117K per line.

$285K of this sponsor’s grants went to other DAF sponsors — 3% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Friends Of FacesEIN 208944024 VA$4.3M
Brigham Young UniversityhawaiiEIN 990083825 UT$2.1M
Center for Early EducationEIN 951768857 CA$1.0M
Ampelis FoundationEIN 846940806 UT$300K
Great Life MentoringEIN 872058987 OR$280K
Roots Of Humanity Foundation IncEIN 823667974 UT$277K
American Endowment Foundation runs a DAF programEIN 341747398 OH$255K
New York UniversityEIN 135562308 NY$250K
Stanford Jewish CenterEIN 731655874 CA$166K
Indiana University FoundationEIN 356018940 IN$105K
University Of Connecticut Hartford CampusEIN 066070722 CT$102K
Smithsonian InstitutionEIN 530206027 DC$100K
Chehalis FoundationEIN 511148560 WA$100K
Young Mens Christian Association Booth Bay Region Aka Boothbay Region YmcaEIN 010237912 ME$75K
San Francisco Ballet AssociationEIN 941415298 CA$50K

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.