Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
Name of foundation
STERLING-TURNER FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)5850 SAN FELIPEROOM/SUITE 125Room/suite
City or town, state, and ZIP code
HOUSTON, TX77057
A Employer identification number

74-1460482
B Telephone number (see instructions)

(713) 237-1117
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$59,245,389J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 21 21  
4 Dividends and interest from securities...... 1,552,037 1,543,350  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 311,950
b Gross sales price for all assets on line 6a 322,906
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -4,490    
12 Total. Add lines 1 through 11........ 1,859,518 1,543,371  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,300      
14 Other employee salaries and wages...... 69,250     69,250
15 Pension plans, employee benefits....... 15,707     15,707
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 45,325 11,331   33,904
c Other professional fees (attach schedule).... Click to see attachment 39,666 39,666    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 24,704      
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,592    
20 Occupancy.............. 22,254     22,254
21 Travel, conferences, and meetings....... 1,772     539
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 17,180 8,654   8,659
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 238,750 59,651   150,313
25 Contributions, gifts, grants paid........ 2,709,500 2,709,500
26 Total expenses and disbursements. Add lines 24 and 25 2,948,250 59,651   2,859,813
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,088,732
b Net investment income (if negative, enter -0-) 1,483,720
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 116,903 146,279 146,279
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet3,623
Less: allowance for doubtful accounts bullet   3,605 Click to see attachment3,623 3,623
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 38,567 26,204 26,204
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 4,071,718 Click to see attachment4,056,980 58,902,971
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,126,152 Click to see attachment33,482 33,482
14 Land, buildings, and equipment: basis bullet128,968
Less: accumulated depreciation (attach schedule) bullet127,775   Click to see attachment1,193 128,968
15 Other assets (describe bullet) Click to see attachment3,602 Click to see attachment3,862 Click to see attachment3,862
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,360,547 4,271,623 59,245,389
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 5,434,430 5,360,546
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds -73,883 -1,088,923
30 Total net assets or fund balances (see page 17 of the
instructions).................... 5,360,547 4,271,623
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 5,360,547 4,271,623
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 5,360,547
2 Enter amount from Part I, line 27a..................... 2 -1,088,732
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 4,271,815
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 192
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 4,271,623
Form 990-PF (2012)
Form 990-PF (2012)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -6,577
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011 1,836,039 56,184,397 0.032679
2010 2,008,474 45,253,848 0.044382
2009 4,031,907 51,390,127 0.078457
2008 4,199,932 64,515,872 0.065099
2007 1,609,217 67,769,735 0.023745
2 Total of line 1, column (d) ...................... 2 0.244362
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.048872
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 59,589,555
5 Multiply line 4 by line 3....................... 5 2,912,261
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 14,837
7 Add lines 5 and 6......................... 7 2,927,098
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,859,813
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 29,674
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 29,674
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 29,674
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 26,204
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 26,204
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 3,470
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.STERLINGTURNERFOUNDATION.ORG
    14
    The books are in care ofbulletPATRICIA STILLEY Telephone no.bullet (713) 237-1117
    Located atbullet5850 SAN FELIPE SUITE 125HOUSTONTX ZIP+4bullet77057
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    TR RECKLING IIIClick to see attachment TRUSTEE
    1.00     		100 0 0
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    ISLA C RECKLINGClick to see attachment TRUSTEE
    1.00     		100 0 0
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    CHAILLE W HAWKINSClick to see attachment TRUSTEE
    1.00     		100 0 0
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    CHRISTIANA R MCCONNClick to see attachment TRUSTEE
    1.00     		100 0 0
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    THOMAS R RECKLING IVClick to see attachment TRUSTEE
    1.00     		100 0 0
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    JAMES S RECKLINGClick to see attachment TRUSTEE
    1.00     		100 0 0
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    BLAKE W WINSTONClick to see attachment TRUSTEE
    1.00     		100 0 0
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    STEPHEN M RECKLINGClick to see attachment TRUSTEE
    1.00     		100 0 0
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    JOHN B RECKLINGClick to see attachment TRUSTEE
    1.00     		100 0 0
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    THOMAS K RECKLINGClick to see attachment TRUSTEE
    1.00     		0 0 0
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    L DAVID WINSTONClick to see attachment TRUSTEE
    1.00     		0 0 0
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    BERT F WINSTON IIIClick to see attachment TRUSTEE
    1.00     		100 0 0
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    ISLA C JORNAYVAZClick to see attachment TRUSTEE
    1.00     		100 0 0
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    E CARROLL SCHULERClick to see attachment TRUSTEE
    1.00     		100 0 0
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    CARROLL R GOODMANClick to see attachment TRUSTEE
    1.00     		100 0 0
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    60,405,745
    b
    Average of monthly cash balances.......................
    1b
    91,265
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    60,497,010
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    60,497,010
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    907,455
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    59,589,555
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,979,478
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,979,478
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    29,674
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    29,674
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,949,804
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,949,804
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    2,949,804
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    2,859,813
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,859,813
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,859,813
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 2,949,804
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009....... 390,533
    d From 2010.......  
    e From 2011.......  
    fTotal of lines 3a through e......... 390,533
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 2,859,813
    a Applied to 2011, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 2,859,813
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2012. 89,991 89,991
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 300,542
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		300,542
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009.... 300,542
    c Excess from 2010....  
    d Excess from 2011....  
    e Excess from 2012....  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail of the person to whom applications should be addressed:
    PATRICIA STILLEY
    5850 SAN FELIPE SUITE 125
    HOUSTON,TX77057
    (713) 237-1117
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION FORMS AND INSTRUCTIONS ON THE STERLING TURNER WEBSITE. DOCUMENTATION MUST BE ACCOMPANIED BY COPY OF IRS 501 (C) (3) EXEMPTION LETTER.
    cAny submission deadlines:
    ANY TIME PRIOR TO MARCH 1 OF EACH YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    AWARDS LIMITED TO TEXAS PUBLIC CHARITIES WHICH ARE EXEMPT UNDER REVENUE CODE 501 (C) (3). THE CHARITIES MUST BE WITHIN CERTAIN GEOGRAPHIC BOUNDARIES.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALLEY THEATER
    615 TEXAS AVE
    HOUSTON,TX77002     		N/A 501.C.3 OPERATING FUNDS 25,000
    BCFS HEATLH AND HUMAN SERVICES
    1506 BEXAS CROSSING
    SAN ANTONIO,TX78232     		N/A 501.C.3 OPERATING FUNDS 20,000
    BO'S PLACE
    10050 BUFFALO SPEEDWAY
    HOUSTON,TX77054     		N/A 501.C.3 OPERATING FUNDS 5,000
    BRIDGES TO LIFE
    PO BOX 570895
    HOUSTON,TX77257     		N/A 501.C.3 OPERATING FUNDS 20,000
    BUFFALO BAYOU PARTNERSHIP
    1113 VINE ST 200
    HOUSTON,TX77002     		N/A 501.C.3 OPERATING FUNDS 10,000
    CAMP FOR ALL
    10500 NW FREEWAY
    HOUSTON,TX77092     		N/A 501.C.3 BUILDING FUNDS 50,000
    CANCARE OF HOUSTON INC
    9575 KATY FREEWAY STE 42
    HOUSTON,TX77024     		N/A 501.C.3 OPERATING FUNDS 20,000
    CARITAS OF AUSTIN
    611 NECHES
    AUSTIN,TX78701     		N/A 501.C.3 OPERATING FUNDS 30,000
    CASA DE ESPERANZA DE LOS NINOS INC
    2911 CORDER ST
    HOUSTON,TX77054     		N/A 501.C.3 OPERATING FUNDS 55,000
    CENTER FOR HEARING AND SPEECH
    3636 W DALLAS
    HOUSTON,TX77019     		N/A 501.C.3 OPERATING FUNDS 20,000
    CHILDREN'S ASSESSMENT CENTER
    2500 BOLSOVER STREET
    HOUSTON,TX77005     		N/A 501.C.3 OPERATING FUNDS 25,000
    CHILDREN'S MEDICAL CENTER FOUNDATIO
    4900 MUELLER BLVD
    AUSTIN,TX78723     		N/A 501.C.3 OPERATING FUNDS 15,000
    COLLABORATIVE FOR CHILDREN
    1111 NORTH LOOP W
    HOUSTON,TX77008     		N/A 501.C.3 OPERATING FUNDS 10,000
    CRISTO REY JESUIT
    6700 MT CARMEL DRIVE
    HOUSTON,TX77087     		N/A 501.C.3 OPERATING FUNDS 10,000
    CLAYTON DABNEY
    12335 KINGSRIDE 347
    HOUSTON,TX77024     		N/A 501.C.3 OPERATING FUNDS 10,000
    DUCHESNE ACADEMY OF THE SACRED HEAR
    10202 MEMORIAL DRIVE
    HOUSTON,TX77024     		N/A 501.C.3 SCHOLARSHIP 440,000
    EPILEPSY FOUNDATION TEXAS
    2630 FOUNTAIN VIEW DRIVE
    HOUSTON,TX77057     		N/A 501.C.3 OPERATING FUNDS 15,000
    EPISCOPAL HIGH SCHOOL
    4650 BISSONNET
    BELLAIRE,TX77401     		N/A 501.C.3 OPERATING FUNDS 150,000
    FRIENDS FACULTY OF INGRAM TOM MOO
    PO BOX 433
    INGRAM,TX78025     		N/A 501.C.3 SCHOLARSHIP 5,000
    HILL COUNTRY ARTS FOUNDATION
    120 POINT THEATRE ROAD SO
    INGRAM,TX78025     		N/A 501.C.3 OPERATING FUNDS 15,000
    HILL COUNTRY CASA
    PO BOX 290965
    KERRVILLE,TX78029     		N/A 501.C.3 OPERATING FUNDS 20,000
    HILL COUNTRY CRISIS COUNCIL INC
    PO BOX 291817
    KERRVILLE,TX78029     		N/A 501.C.3 OPERATING FUNDS 20,000
    HILL COUNTRY YOUTH RANCH
    3522 JUNCTION HWY
    INGRAM,TX78025     		N/A 501.C.3 OPERATING FUNDS 25,000
    HITS THEATRE
    311 W 18TH STREET
    HOUSTON,TX77008     		N/A 501.C.3 OPERATING FUNDS 5,000
    HOUSTON BALLET FOUNDATON
    601 PRESTON
    HOUSTON,TX77002     		N/A 501.C.3 OPERATING FUNDS 25,000
    HOUSTON GRAND OPERA
    510 PRESTON ST STE 50
    HOUSTON,TX77002     		N/A 501.C.3 OPERATING FUNDS 25,000
    HOUSTON MUSEUM OF NATUAL SCIENCE
    5555 HERMANN DRIVE
    HOUSTON,TX77030     		N/A 501.C.3 OPERATING FUNDS 25,000
    HOUSTON SYMPHONY SOCIETY
    615 LOUISIANA ST STE 10
    HOUSTON,TX77002     		N/A 501.C.3 OPERATING FUNDS 25,000
    HOUSTON ZOO
    6200 HERMANN PARK DRIVE
    HOUSTON,TX77030     		N/A 501.C.3 OPERATING FUNDS 15,000
    HUNT VOLUNTEER FIRE DEPAR
    PO BOX 362
    HUNT,TX78024     		N/A 501.C.3 OPERATING FUNDS 10,000
    THE JOY SCHOOL
    1 CHELSEA BOULEVARD
    HOUSTON,TX77006     		N/A 501.C.3 OPERATING FUNDS 400,000
    KAPPA KAPPA GAMMA
    PO BOX 6770
    HOUSTON,TX77265     		N/A 501.C.3 OPERATING FUNDS 10,000
    KIDS' MEALS INC
    205 WEST CROSSTIMBERS STR
    HOUSTON,TX77018     		N/A 501.C.3 OPERATING FUNDS 10,000
    MARIANIST PROVICE OF THE US
    4425 W PINE BLVD
    ST LOUIS,MO63108     		N/A 501.C.3 OPERATING FUNDS 20,000
    THE MUSEUM OF FINE ARTS HOUSTON
    1001 BISSONET
    HOUSTON,TX77005     		N/A 501.C.3 OPERATING FUNDS 75,000
    OPEN DOOR MISSION
    5803 HARRISBURG
    HOUSTON,TX77011     		N/A 501.C.3 OPERATING FUNDS 15,000
    PARTNERS IN MINISTRY
    301 JUNCTION HWY STE 341
    KERRVILLE,TX78028     		N/A 501.C.3 OPERATING FUNDS 20,000
    PATHWAYS FOR LITTLE FEET
    8 GREENWAY PLAZA STE 100
    HOUSTON,TX77046     		N/A 501.C.3 OPERATING FUNDS 15,000
    ST LUKE'S CENTER FOR COUNSELING
    2719 JOANEL STREET
    HOUSTON,TX77027     		N/A 501.C.3 OPERATING FUNDS 10,000
    ST MICHAEL'S SCHOOL
    1833 SAGE ROAD
    HOUSTON,TX77056     		N/A 501.C.3 BUILDING FUNDS 50,000
    SAN ANGELO MUSEUM OF FINE ARTS
    ONE LOVE STREET
    SAN ANGELO,TX76903     		N/A 501.C.3 OPERATING FUNDS 30,000
    SAN JACINTO MUSEUM OF HISTORY
    1 MONUMENT CIRCLE
    LA PORTE,TX77571     		N/A 501.C.3 OPERATING FUNDS 5,000
    SCHREINER UNIVERSITY
    2100 SAN ANTONIO
    KERRVILLE,TX78028     		N/A 501.C.3 COLLEGE FUND 20,000
    SMALL STEPS NURTURING CENTER
    2902 JENSEN DRIVE
    HOUSTON,TX77026     		N/A 501.C.3 OPERATING FUNDS 30,000
    SPRING BRANCH BASEBALL PROGRAM INC
    PO BOX 550549
    HOUSTON,TX77255     		N/A 501.C.3 OPERATING FUNDS 25,000
    STAR OF HOPE
    6897 ARDMORE STREET
    HOUSTON,TX77054     		N/A 501.C.3 OPERATING FUNDS 15,000
    TEXAS SOCIETY TO PREVENT BLINDNESS
    3610 FAIRMOUNT STREET
    DALLAS,TX75219     		N/A 501.C.3 OPERATING FUNDS 10,000
    THROUGH GOD COMES JUSTICE
    222 W HARRIS AVE
    SAN ANGELO,TX76903     		N/A 501.C.3 BIBLES 2,000
    TREES FOR HOUSTON
    4550 POST OAK PL DRIVE
    HOUSTON,TX77027     		N/A 501.C.3 OPERATING FUNDS 10,000
    TRINITY CENTER
    304 EAST 7TH STREET
    AUSTIN,TX78701     		N/A 501.C.3 HOMELESS PROGRAM 25,000
    UNIVERSITY OF HOUSTON
    4800 CALHOUN RD
    HOUSTON,TX77004     		N/A 501.C.3 OPERATING FUNDS 500,000
    UNIVERSITY OF TEXAS - MD ANDERSON
    1515 HOLCOMBE BLVD
    HOUSTON,TX77030     		N/A 501.C.3 OPERATING FUNDS 200,000
    WOMEN'S HOME
    607 WESTHEIMER ROAD
    HOUSTON,TX77006     		N/A 501.C.3 OPERATING FUNDS 25,000
    YELLOWSTONE ACADEMY
    3000 TRULLEY ST
    HOUSTON,TX77004     		N/A 501.C.3 OPERATING FUNDS 27,500
    YMCA OF GREATER HOUSTON
    1331 AUGUSTA DR
    HOUSTON,TX77057     		N/A 501.C.3 SCHOLARSHIP 15,000
    Total .................................bullet 3a 2,709,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments         21
    4 Dividends and interest from securities....         1,552,037
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory         311,950
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aSALIENT ALTERNATIVE         -6
    bSALIENT ALTERNATIVE         -4,484
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     1,859,518
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,859,518
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 AccountingFeesSchedule
    Name:
    STERLING-TURNER FOUNDATION
    EIN: 74-1460482
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 45,325 11,331   33,904

    TY 2012 CompensationExplanation
    Name:
    STERLING-TURNER FOUNDATION
    EIN: 74-1460482
    Person Name Explanation
    TR RECKLING III  
    ISLA C RECKLING  
    CHAILLE W HAWKINS  
    CHRISTIANA R MCCONN  
    THOMAS R RECKLING IV  
    JAMES S RECKLING  
    BLAKE W WINSTON  
    STEPHEN M RECKLING  
    JOHN B RECKLING  
    THOMAS K RECKLING  
    L DAVID WINSTON  
    BERT F WINSTON III  
    ISLA C JORNAYVAZ  
    E CARROLL SCHULER  
    CARROLL R GOODMAN  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2012 DepreciationSchedule
    Name:
    STERLING-TURNER FOUNDATION
    EIN: 74-1460482
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    FURNITURE & EQUIPMENT 1999-01-01 9,727 9,727 S/L 5.0000        
    FURNITURE & EQUIPMENT 2001-06-15 1,495 1,495 S/L 7.0000        
    FURNITURE & EQUIPMENT 2002-01-15 35,325 35,325 S/L 7.0000        
    COMPUTER EQUIPMENT 2002-02-05 856 856 S/L 5.0000        
    FURNITURE & EQUIPMENT 2002-02-05 19,871 19,871 S/L 7.0000        
    COMPUTER EQUIPMENT 2002-09-09 5,346 5,346 S/L 5.0000        
    OFFICE FURNITURE 2002-05-15 16,091 16,091 S/L 7.0000        
    OFFICE FURNITURE 2002-06-18 3,919 3,919 S/L 7.0000        
    OFFICE FURNITURE 2002-07-31 596 596 S/L 7.0000        
    OFFICE FURNITURE 2002-08-29 1,250 1,250 S/L 7.0000        
    COMPUTER EQUIPMENT 2002-10-18 2,100 2,100 S/L 5.0000        
    COMPUTER EQUIPMENT 2002-12-13 1,081 1,081 S/L 5.0000        
    COMPUTER EQUIPMENT 2001-06-15 1,035 1,035 S/L 5.0000        
    TELEPHONE INSTALLATION 2002-03-01 3,285 3,285 S/L 5.0000        
    FILING CABINETS 2002-01-28 2,625 2,625 S/L 7.0000        
    CABLING & WIRING 2002-02-11 2,159 2,159 S/L 5.0000        
    3 PCS SOFTWARE/PRINTER MEMORY UPGRADE 2002-08-26 8,257 8,257 S/L 5.0000        
    CONSOLE TABLE & RUG 2002-09-20 1,577 1,577 S/L 7.0000        
    SONY 19" FLAT SCREEN MONITOR 2004-03-02 1,034 1,034 S/L 5.0000        
    19" SAMSUNG MONITOR 2004-05-28 269 269 S/L 5.0000        
    COMPUTER EQUIPMENT - SERVER 2006-12-28 5,490 5,490 200DB 5.0000        
    2 DESKTOPS COMPUTERS & EQUIPMENT 2006-12-28 2,795 2,795 200DB 5.0000        
    FURNITURE & EQUIPMENT 2012-05-04 1,685   200DB 7.0000 963      
    AMAZON PHONE SYSTEM 2012-05-24 1,100   200DB 7.0000 629      

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    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    STERLING-TURNER FOUNDATION
    EIN: 74-1460482
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    3700 SH EXXON MOBIL CORP 2010-12 PURCHASE 2012-12   329,483 10,956     318,527  

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    STERLING-TURNER FOUNDATION
    EIN: 74-1460482
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INVESTMENT IN COMMON & PREFERRED STK 4,056,980 58,902,971

    TY 2012 InvestmentsOtherSchedule2
    Name:
    STERLING-TURNER FOUNDATION
    EIN: 74-1460482
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENTS - SALENT ALTERNATIVE   33,482 33,482

    TY 2012 LandEtcSchedule2
    Name:
    STERLING-TURNER FOUNDATION
    EIN: 74-1460482
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND/BUILDING/EQUIPMENT 128,968 127,775 1,193 128,968


    TY 2012 OtherAssetsSchedule
    Name:
    STERLING-TURNER FOUNDATION
    EIN: 74-1460482
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DUE TO/FROM RELATED PARTIES 3,602 3,862 3,862


    TY 2012 OtherDecreasesSchedule
    Name:
    STERLING-TURNER FOUNDATION
    EIN: 74-1460482
    Description Amount
    NONDEDUCTIBLE MEALS & ENTERTAINMENT 133
    TAX PENALTIES 59


    TY 2012 OtherExpensesSchedule
    Name:
    STERLING-TURNER FOUNDATION
    EIN: 74-1460482
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    DIRECTOR INSURANCE 2,560 1,280   1,280
    ENTERTAINMENT & MEALS 133 133   133
    LIABILITY INSURANCE 1,205 602   603
    LIBRARY & DOCUMENTATION 666 333   333
    MISCELLANEOUS 3,243 1,621   1,622
    OFFICE MAINTENANCE 3,346 1,673   1,673
    OFFICE SUPPLIES 1,974 987   987
    PARKING 328 164   164
    POSTAGE 538 269   269
    TELEPHONE 2,428 1,214   1,214
    WORKERS' COMP INSURANCE 461 230   231
    BANK SERVICE CHARGES 1     1
    SEMINARS 297 148   149


    TY 2012 OtherIncomeSchedule2
    Name:
    STERLING-TURNER FOUNDATION
    EIN: 74-1460482
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SALIENT ALTERNATIVE -6    
    SALIENT ALTERNATIVE -4,484    


    TY 2012 OtherNotesLoansRcvblShortSch2
    Name:
    STERLING-TURNER FOUNDATION
    EIN: 74-1460482
    Name of 501(c)(3) Organization Balance Due
    DEPOSITS
          		3,623


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    STERLING-TURNER FOUNDATION
    EIN: 74-1460482
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 39,666 39,666    


    TY 2012 TaxesSchedule
    Name:
    STERLING-TURNER FOUNDATION
    EIN: 74-1460482
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES - FEDERAL EXCISE 24,704