Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
STERLING FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2000 BEAVER PLACE AVE SW
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CANTON, OH44706
A Employer identification number

75-3088351
B Telephone number (see instructions)

(330) 478-2151
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$5,245,890J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 300,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 86,420 85,687  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 195,546
b Gross sales price for all assets on line 6a 1,164,176
7 Capital gain net income (from Part IV, line 2)... 195,546
8 Net short-term capital gain......... 0
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).......      
12 Total. Add lines 1 through 11........ 581,966 281,233  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 180 0 0 180
b Accounting fees (attach schedule)....... Click to see attachment 210 0 0 210
c Other professional fees (attach schedule).... Click to see attachment 32,581 32,581   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,591 1,538   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 200     200
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 37,762 34,119 0 590
25 Contributions, gifts, grants paid....... 195,167 195,167
26 Total expenses and disbursements. Add lines 24 and 25 232,929 34,119 0 195,757
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 349,037
b Net investment income (if negative, enter -0-) 247,114
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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.............   416,802 416,802
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)   Click to see attachment175,003 174,346
b Investments—corporate stock (attach schedule).......   Click to see attachment1,575,753 2,321,411
c Investments—corporate bonds (attach schedule).......   Click to see attachment817,160 850,885
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,596,024 Click to see attachment960,075 1,482,446
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,596,024 3,944,793 5,245,890
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 Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,596,024 3,944,793
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 3,596,024 3,944,793
30 Total liabilities and net assets/fund balances (see instructions). 3,596,024 3,944,793
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,596,024
2
Enter amount from Part I, line 27a .....................
2
349,037
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
7
4
Add lines 1, 2, and 3 ..........................
4
3,945,068
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
275
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,944,793
Form 990-PF (2020)
Form 990-PF (2020)
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.)
1 a 50000. ABBVIE INC DTD 5/12/2016 2.85000% 5/14/2023   2016-06-13 2020-06-03
b 5. AMAZON COM INC   2018-09-18 2020-12-03
c 100. APPLE INC   2012-11-27 2020-06-03
d 200. APPLE INC     2020-10-27
e 80. ARISTA NETWORKS INC   2019-10-30 2020-10-27
500. BANK OF AMERICA CORP   2019-10-30 2020-12-03
250. BAXTER INTL INC COM   2018-04-20 2020-12-03
150. BERKSHIRE HATHAWAY INC     2020-06-03
250. CARRIER GLOBAL CORP     2020-06-03
200. CISCO SYS INC COM   2020-06-03 2020-10-27
615. CISCO SYS INC COM     2020-10-27
500. COCA COLA CO     2020-06-30
50000. COMMONWEALTH EDISON CO DTD 8/2/2010 4.00000% 8/1/2020   2011-05-03 2020-08-03
250. CONOCOPHILLIPS   2018-05-31 2020-06-03
50. COSTCO WHOLESALE CORP   2015-06-22 2020-10-27
175. DIAMONDBACK ENERGY INC   2019-01-02 2020-06-03
13673.678 PARAMETRIC VOL RSK PREMIUM-DEFENSIVE FD$     2020-10-27
200. EDWARDS LIFESCIENCES CORP     2020-06-03
250. EDWARDS LIFESCIENCES CORP   2017-10-31 2020-10-27
500. EXXON MOBIL CORPORATION     2020-06-03
100. ILLINOIS TOOL WORKS INC COM     2020-10-27
50. INTUIT   2015-06-22 2020-06-03
2350. ISHARES EDGE MSCI MIN VOL USA ETF$1.0230   2019-10-30 2020-10-27
1125. ISHARES CORE MSCI EAFE ETF $1.88200     2020-10-27
32. KONTOOR BRANDS INC   2019-01-02 2020-03-16
150. MCDONALDS CORP   2011-04-20 2020-06-03
200. MICROSOFT CORP     2020-10-27
125. OTIS WORLDWIDE CORP     2020-06-03
250. PROLOGIS INC     2020-06-03
250. REPUBLIC SERVICES INC   2019-01-02 2020-10-27
200. TEXAS INSTRUMENTS INC COM     2020-06-03
200. TEXAS INSTRUMENTS INC COM   2015-11-23 2020-10-27
500. US BANCORP   2012-01-13 2020-06-03
225. V F CORP   2019-01-02 2020-10-27
500. VANGUARD SHORT-TERM CORP BD ETF $1.81400   2019-10-30 2020-06-03
400. VERIZON COMMUNICATIONS INC   2019-10-30 2020-10-27
50000. WAL-MART STORES INC DTD 10/25/2010 3.25000% 10/25/2020   2011-05-19 2020-10-26
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 52,599   50,100 2,499
b 16,061   9,714 6,347
c 32,480   8,370 24,110
d 23,091   3,902 19,189
e 16,816   19,646 -2,830
14,467   15,855 -1,388
18,896   16,745 2,151
28,306   27,886 420
5,350   4,598 752
7,461   9,408 -1,947
22,942   14,184 8,758
22,205   19,386 2,819
50,000   49,975 25
11,267   16,955 -5,688
18,436   7,011 11,425
8,144   16,711 -8,567
160,939   150,000 10,939
14,914   9,483 5,431
19,652   8,619 11,033
23,979   41,483 -17,504
20,057   5,520 14,537
14,426   5,277 9,149
150,562   150,471 91
67,718   66,341 1,377
798   926 -128
28,264   11,620 16,644
42,343   21,547 20,796
6,870   6,895 -25
23,942   15,739 8,203
22,689   17,800 4,889
25,325   11,572 13,753
29,517   11,528 17,989
18,840   14,520 4,320
16,477   15,101 1,376
41,084   40,563 521
23,063   24,388 -1,325
50,000   48,791 1,209
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
      14,196
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       2,499
b       6,347
c       24,110
d       19,189
e       -2,830
      -1,388
      2,151
      420
      752
      -1,947
      8,758
      2,819
      25
      -5,688
      11,425
      -8,567
      10,939
      5,431
      11,033
      -17,504
      14,537
      9,149
      91
      1,377
      -128
      16,644
      20,796
      -25
      8,203
      4,889
      13,753
      17,989
      4,320
      1,376
      521
      -1,325
      1,209
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 195,546
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
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 3,435
c All other domestic foundations enter 1.39% 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 0
3 Add lines 1 and 2........................... 3 3,435
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,435
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,130
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 305
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,435
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
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 2021 estimated taxBullet0 RefundedBullet 11 0
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 the instructions
for the 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)
    bulletOH
    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 2020 or the taxable year beginning in 2020? See the 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
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 addressbullet  
    14
    The books are in care ofbulletSTERLING FAMILY FOUNDATION, C/O R WILLIAMS Telephone no.bullet (330) 478-2151

    Located atbullet2000 BEAVER PLACE AVENUE SWCANTONOH ZIP+4bullet44706
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    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 instructions ........
    1b
     
     
    ........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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (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 4945(d)(4)(A)? 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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    W MARK STERLING TRUSTEE, PRESIDENT
    2     		0    
    2000 BEAVER PLACE
    CANTON,OH44706
    JEFFREY W STERLING TRUSTEE, V.P.
    2     		0    
    2000 BEAVER PLACE SW
    CANTON,OH44706
    RICHARD WILLIAMS TRUSTEE, SEC. TREASURER
    2     		0    
    2000 BEAVER PLACE SW
    CANTON,OH44706
    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 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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.............bullet0
    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  
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    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
    4,233,248
    b
    Average of monthly cash balances.......................
    1b
    309,640
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,542,888
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    4,542,888
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    68,143
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,474,745
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    223,737
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    223,737
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,435
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,435
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    220,302
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    220,302
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    220,302
    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
    195,757
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    195,757
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    195,757
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 220,302
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 18,047
    e From 2019...... 0
    fTotal of lines 3a through e........ 18,047
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 195,757
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 195,757
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 18,047 18,047
    (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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		6,498
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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 foundation 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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    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
    THE SALVATION ARMY
    OF CANTON OHIO
    PO BOX 20249
    CANTON,OH44701     		NONE PC GENERAL SUPPORT 35,000
    AKRON CANTON REGIONAL FOODBANK
    350 OPPORTUNITY PARKWAY
    AKRON,OH44307     		NONE PC GENERAL SUPPORT 53,000
    Canton CALVARY MISSION
    1345 GIBBS AVE
    CANTON,OH44705     		NONE PC GENERAL SUPPORT 2,000
    THE TOTAL LIVING CENTER
    2221 9TH STREET SW
    CANTON,OH44706     		NONE PC GENERAL SUPPORT 2,000
    CHURCH OF THE LAKES
    FISH FUND
    5944 FULTON DR NW
    CANTON,OH44718     		NONE PC GENERAL SUPPORT 6,000
    Stark County Diaper Bank
    PO BOX 35452
    CANTON,OH44735     		NONE PC GENERAL SUPPORT 1,000
    PROJECT REBUILD
    406 SHORB AVENUE NW
    CANTON,OH44703     		NONE PC GENERAL SUPPORT 5,000
    WOUNDED WARRIOR PROJECT
    PO BOX 758540
    Topeka,KS666758540     		NONE PC GENERAL SUPPORT 2,000
    SHIPLEY CHILD CARE CENTER
    919 SECOND STREET NE
    CANTON,OH44704     		NONE PC GENERAL SUPPORT 2,000
    AMERICAN RED CROSS STARK CO
    408 9TH STREET SW
    CANTON,OH44707     		NONE PC GENERAL SUPPORT 10,000
    YWCA CANTON
    231 SIXTH STREET NE
    WEST CANTON,OH44702     		NONE PC GENERAL SUPPORT 10,000
    HAMMER AND NAILS
    1404 7TH STREET NW
    CANTON,OH44703     		NONE PC GENERAL SUPPORT 1,000
    The USO
    PO BOX 96860
    Washington,DC200777677     		NONE PC GENERAL SUPPORT 2,000
    OCA ADVANCEMENT FOUNDATION
    1313 DUBLIN ROAD
    COLUMBUS,OH43215     		NONE PC GENERAL SUPPORT 16,667
    REFUGE OF HOPE
    715 SECOND STREET NE
    CANTON,OH44704     		NONE PC GENERAL SUPPORT 5,000
    COMMQUEST SERVICES INC
    1341 MARKET AVENUE N
    CANTON,OH44714     		NONE PC GENERAL SUPPORT 20,000
    JRC LEARNING CENTER
    2213 14TH STREET
    CANTON,OH44705     		NONE PC GENERAL SUPPORT 5,000
    AMERICAN HEART ASSOCIATION
    1575 CORPORATE WOODS PARKWAY
    UNIONTOWN,OH44685     		NONE PC GENERAL SUPPORT 10,000
    ARTS IN STARK
    900 CLEVELAND AVENUE NW
    CANTON,OH44702     		NONE PC GENERAL SUPPORT 5,000
    COMPASSION DELIVERED
    1320 BEL AIR DR NW
    NORTH CANTON,OH44720     		NONE PC GENERAL SUPPORT 500
    REPLAY FOR KIDS
    600 W STURBRIDGE DR
    MEDINA,OH44256     		NONE PC GENERAL SUPPORT 500
    DOWNTOWN SPECIAL IMPROVEMENT DISTRICT
    213 MARKET AVENUE N SUITE 215
    CANTON,OH44702     		NONE PC GENERAL SUPPORT 1,000
    The Bin
    531 N MAIN STREET
    Magnolia,OH44643     		NONE PC GENERAL SUPPORT 500
    Total .................................bullet 3a 195,167
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    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....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 86,420  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 195,546  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   281,966  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    281,966
    (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 (2020)
    Form 990-PF (2020)
    Page 13
    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 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    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) (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) 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 instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    STERLING FAMILY FOUNDATION
     
    Employer identification number

    75-3088351
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    STERLING FAMILY FOUNDATION
          		Employer identification number
    75-3088351
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    JEFFREY W STERLING
    1128 Rolena Circle NW
     
    CANTON, OH44708

    		$ 300,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    STERLING FAMILY FOUNDATION
          		Employer identification number

    75-3088351
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    STERLING FAMILY FOUNDATION
          		Employer identification number

    75-3088351
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    STERLING FAMILY FOUNDATION
    EIN:
    75-3088351
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 210     210

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    STERLING FAMILY FOUNDATION
    EIN:
    75-3088351
    Name of Bond End of Year Book Value End of Year Fair Market Value
    002824BA7 ABBOTT LABORATORIES 50,213 51,346
    46625HRW2 JPMORGAN CHASE & CO 101,336 101,791
    494368BJ1 KIMBERLY CLARK CORP 50,361 52,529
    713448BW7 PEPSICO INC SENIOR N 50,225 50,920
    592905509 METROPOLITAN WEST T/ 132,206 134,066
    68389XAP0 ORACLE CORP SENIOR N 50,154 51,972
    72201U638 PIMCO MORTAGE OPPORT 249,392 252,309
    74256W584 PRINCIPAL MIDCAP FUN 83,221 105,783
    949746RS2 WELLS FARGO & CO SEN 50,052 50,169

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    STERLING FAMILY FOUNDATION
    EIN:
    75-3088351
    Name of Stock End of Year Book Value End of Year Fair Market Value
    14040HBM6 CAPITAL ONE FINANCIA 100,004 100,781
    52470H765 CLEARBRIDGE SMALL CA 49,770 54,515
    38147N293 GOLDMAN SACHS GQG PT 100,000 103,907
    666807BE1 NORTHROP GRUMMAN COR 49,450 50,310
    91324P102 UNITEDHEALTH GROUP I 16,529 35,068
    91324PCC4 UNITEDHEALTH GROUP I 50,261 52,881
    00770G847 JOHCM INTERNATIONAL 103,616 146,487
    02079K305 ALPHABET INC COM CL 41,301 113,922
    037833100 APPLE INC COM 21,749 185,766
    09260B382 BLACKROCK STRATEGIC 55,182 58,942
    13321L108 CAMECO CORP COM 43,273 54,940
    166764100 CHEVRON CORP COM 27,164 25,335
    169656105 CHIPOTLE MEXICAN GRI 19,692 20,801
    33939L837 FLEXSHARES INT QUALI 81,483 89,392
    35671D857 FREEPORT-MCMORAN COP 34,920 52,040
    38142V845 GOLDMAN SACHS INTL E 165,000 189,576
    452308109 ILLINOIS TOOL WKS IN 10,250 40,776
    464287507 ISHARES CORE S&P MID 61,135 80,441
    46625H100 JP MORGAN CHASE & CO 24,329 76,242
    500754106 KRAFT HEINZ CO COM 22,364 24,297
    57636Q104 MASTERCARD INC COM C 27,688 35,694
    579780206 MCCORMICK & CO INC C 20,112 38,240
    594918104 MICROSOFT CORP COM 47,963 142,349
    641224415 NEUBERGER BERMAN EME 90,000 116,809
    65339F101 NEXTERA ENERGY INC C 16,112 30,860
    75513E101 RAYTHEON TECHNOLOGIE 15,341 17,878
    77956H864 T ROWE PRICE EMERGIN 90,140 127,985
    824348106 SHERWIN WILLIAMS CO 29,217 36,746
    883556102 THERMO FISHER SCIENT 36,357 69,867
    92837F755 VIRTUS SEIX FLTG RAT 46,510 47,507
    962879102 WHEATON PRECIOUS MET 24,035 20,870
    98419M100 XYLEM INC COM 26,940 30,537
    98978V103 ZOETIS INC COM CL A 27,866 49,650

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    STERLING FAMILY FOUNDATION
    EIN:
    75-3088351
    US Government Securities - End of Year Book Value:

    175,003
    US Government Securities - End of Year Fair Market Value:

    174,346
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    STERLING FAMILY FOUNDATION
    EIN:
    75-3088351
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SEE ATTACHED      
    52106N459 LAZARD GLOBAL LISTED AT COST 50,000 49,360
    023135106 AMAZON COM INC COM AT COST 49,170 104,222
    03076C106 AMERIPRISE FINANCIAL AT COST 39,536 50,526
    060505104 BANK OF AMERICA CORP AT COST 46,468 50,315
    09857L108 BOOKING HOLDINGS INC AT COST 20,181 33,409
    11135F101 BROADCOM INC COM AT COST 54,783 65,678
    125896100 CMS ENERGY CORP COM AT COST 22,779 27,455
    20030N101 COMCAST CORP COM CL AT COST 18,958 26,200
    22160K105 COSTCO WHOLESALE COR AT COST 21,034 56,517
    22822V101 CROWN CASTLE INTERNA AT COST 33,615 51,737
    231021106 CUMMINS INC COM AT COST 34,644 34,065
    235851102 DANAHER CORP DEL COM AT COST 16,281 55,535
    254687106 WALT DISNEY CO COM AT COST 53,093 84,249
    437076102 HOME DEPOT INC COM AT COST 7,486 53,124
    438516106 HONEYWELL INTERNATIO AT COST 20,416 63,810
    461202103 INTUIT COM AT COST 10,555 37,985
    46120E602 INTUITIVE SURGICAL I AT COST 37,798 40,905
    464286319 ISHARES EMERGING MAR AT COST 40,479 39,092
    464287499 ISHARES RUSSELL MIDC AT COST 10,500 29,134
    464287655 ISHARES RUSSELL 2000 AT COST 42,141 58,818
    464287804 ISHARES CORE S&P SMA AT COST 83,462 114,875
    478160104 JOHNSON & JOHNSON CO AT COST 41,007 62,952
    57060D108 MARKETAXESS HOLDINGS AT COST 21,512 34,234
    67066G104 NVIDIA CORP COM AT COST 46,939 78,330
    701094104 PARKER HANNIFIN CORP AT COST 27,219 34,051
    742718109 PROCTER & GAMBLE CO AT COST 28,124 31,307
    921943858 VANGUARD FTSE DEV MK AT COST 61,432 70,815
    92826C839 VISA INC COM CL A AT COST 20,463 43,746

    TY 2020 LegalFeesSchedule
    Name:
    STERLING FAMILY FOUNDATION
    EIN:
    75-3088351
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 180     180


    TY 2020 OtherDecreasesSchedule
    Name:
    STERLING FAMILY FOUNDATION
    EIN:
    75-3088351
    Description Amount
    COST ADJ FOR RETURN OF CAPITAL 275


    TY 2020 OtherExpensesSchedule
    Name:
    STERLING FAMILY FOUNDATION
    EIN:
    75-3088351
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING/TAXES PAID 200 0   200


    TY 2020 OtherIncreasesSchedule
    Name:
    STERLING FAMILY FOUNDATION
    EIN:
    75-3088351
    Description Amount
    ROUNDING 7


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    STERLING FAMILY FOUNDATION
    EIN:
    75-3088351
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 32,581 32,581    


    TY 2020 TaxesSchedule
    Name:
    STERLING FAMILY FOUNDATION
    EIN:
    75-3088351
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 48 48   0
    FEDERAL ESTIMATES - PRINCIPAL 3,053 0   0
    FOREIGN TAXES ON QUALIFIED FOR 1,283 1,283   0
    FOREIGN TAXES ON NONQUALIFIED 207 207   0