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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
Sterling-Turner Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)5850 San Felipe 125
  Room/suite
City or town, state or province, country, and ZIP or foreign postal 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. 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$53,995,327J Accounting method:
Modified Cash
(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) 2,339
2 Check bullet.............
3 Interest on savings and temporary cash investments 84 84  
4 Dividends and interest from securities... 2,079,318 2,079,318  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,601,701
b Gross sales price for all assets on line 6a 6,310,485
7 Capital gain net income (from Part IV, line 2)... 2,601,701
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).......      
12 Total. Add lines 1 through 11........ 4,683,442 4,681,103  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 800 0   800
14 Other employee salaries and wages...... 90,250 0   90,250
15 Pension plans, employee benefits....... 27,331 0   27,331
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 25,689 12,844   12,845
c Other professional fees (attach schedule).... Click to see attachment 165,773 154,565   11,208
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 68,497 5,838   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 24,937 0   24,937
21 Travel, conferences, and meetings....... 2,433 0   2,433
22 Printing and publications.......... 951 0   951
23 Other expenses (attach schedule)....... Click to see attachment 7,597 0   7,597
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 414,258 173,247   178,352
25 Contributions, gifts, grants paid....... 1,695,000 1,695,000
26 Total expenses and disbursements. Add lines 24 and 25 2,109,258 173,247   1,873,352
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,574,184
b Net investment income (if negative, enter -0-) 4,507,856
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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.............      
2 Savings and temporary cash investments......... 844,512 576,882 576,882
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 instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 438 7,779 7,779
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 7,141,818 Click to see attachment9,937,847 53,404,363
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)..........      
14 Land, buildings, and equipment: basis bullet133,687
Less: accumulated depreciation (attach schedule) bullet131,007 2,680 2,680 2,680
15 Other assets (describe bullet) Click to see attachment3,623 Click to see attachment3,623 Click to see attachment3,623
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,993,071 10,528,811 53,995,327
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) Click to see attachment77,459 Click to see attachment39,015
23 Total liabilities (add lines 17 through 22)......... 77,459 39,015
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 7,915,612 10,489,796
29 Total net assets or fund balances (see instructions)..... 7,915,612 10,489,796
30 Total liabilities and net assets/fund balances (see instructions). 7,993,071 10,528,811
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
7,915,612
2
Enter amount from Part I, line 27a .....................
2
2,574,184
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
10,489,796
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
10,489,796
Form 990-PF (2021)
Form 990-PF (2021)
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 Publicly traded securities      
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 6,310,485   3,708,784 2,601,701
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       2,601,701
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 2,601,701
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 62,659
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 62,659
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 70,438
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 36,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 106,438
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 43,779
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet43,779 RefundedBullet 11 0
Part VI-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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 addressbulletwww.sterlingturnerfoundation.org
    14
    The books are in care ofbulletPat Stilley Telephone no.bullet (713) 237-1117

    Located atbullet5850 San Felipe Ste 125HoustonTX ZIP+4bullet77057
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
     
    No
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    T R Reckling III President
    1.00     		100 0 0
    5850 San Felipe St Ste 125
    Houston,TX77057
    L David Winston Vice President
    1.00     		0 0 0
    5850 San Felipe St Ste 125
    Houston,TX77057
    Isla C Reckling Treasurer
    1.00     		100 0 0
    5850 San Felipe St Ste 125
    Houston,TX77057
    Christiana R McConn Secretary
    1.00     		100 0 0
    5850 San Felipe St Ste 125
    Houston,TX77057
    Carroll R Goodman Asst Secretary
    1.00     		100 0 0
    5850 San Felipe St Ste 125
    Houston,TX77057
    Chaille W Hawkins Asst Secretary
    1.00     		0 0 0
    5850 San Felipe St Ste 125
    Houston,TX77057
    Michael D Hawkins Asst Secretary
    1.00     		0 0 0
    5850 San Felipe St Ste 125
    Houston,TX77057
    Isla C Jornayvaz Asst Secretary
    1.00     		100 0 0
    5850 San Felipe St Ste 125
    Houston,TX77057
    James S Reckling Asst Secretary
    1.00     		0 0 0
    5850 San Felipe St Ste 125
    Houston,TX77057
    John B Reckling Asst Secretary
    1.00     		100 0 0
    5850 San Felipe St Ste 125
    Houston,TX77057
    Lauren E Reckling Asst Secretary
    1.00     		0 0 0
    5850 San Felipe St Ste 125
    Houston,TX77057
    Stephen Reckling Jr Asst Secretary
    1.00     		0 0 0
    5850 San Felipe St Ste 125
    Houston,TX77057
    Thomas K Reckling Asst Secretary
    1.00     		100 0 0
    5850 San Felipe St Ste 125
    Houston,TX77057
    Thomas R Cliffe Reckling Asst Secretary
    1.00     		100 0 0
    5850 San Felipe St Ste 125
    Houston,TX77057
    E Carroll Schuler Asst Secretary
    1.00     		0 0 0
    5850 San Felipe St Ste 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
    Pat Stilley Executive Director
    40.00     		51,750 0 0
    5850 San Felipe 125
    Houston,TX77057
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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
    Salient Capital LP Investment mgmt 154,565
    4265 San Felipe 8th Floor
    Houston,TX77027
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-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 VIII-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.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    48,939,657
    b
    Average of monthly cash balances.......................
    1b
    743,138
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    49,682,795
    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
    49,682,795
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    745,242
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    48,937,553
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    2,446,878
    Part X
    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 IX, line 6..................
    1
    2,446,878
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    62,659
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    62,659
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,384,219
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,384,219
    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 XII, line 1 ...
    7
    2,384,219
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 2,384,219
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 771,841
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,873,352
    a Applied to 2020, but not more than line 2a 771,841
    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 2021 distributable amount..... 1,101,511
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		1,282,708
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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 e-mail address of the person to whom applications should be addressed:
    Sterling-Turner Foundation - Patric
    5850 San Felipe Suite 125
    Houston,TX77057
    (713) 237-1117
    seethewebsitewww.sterlingturnerfoundation.org
    bThe form in which applications should be submitted and information and materials they should include:
    Application forms and instructions on the Sterling-Turner Foundation website.
    cAny submission deadlines:
    Prior to March 1st of each year
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Awards are limited to Texas public charities which are exempt under 501(c)(3). The charities must be within certain geographic boundaries.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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 Theatre
    615 Texas Avenue
    Houston,TX77002     		N/A PC General support 10,000
    Aristoi Classical Academy Inc
    5610 Morton Road
    Katy,TX77493     		N/A PC General support 20,000
    Asia Society Texas Center
    1370 Southmore Boulevard
    Houston,TX77004     		N/A PC General support 25,000
    Big Brothers Big Sisters Lone Star
    1003 Washington Ave
    Houston,TX77002     		N/A PC General support 10,000
    Bo's Place
    10050 Buffalo Speedway
    Houston,TX77054     		N/A PC General support 10,000
    Bridges to Life
    PO Box 570895
    Houston,TX77257     		N/A PC General support 10,000
    Casa de Esperanza de los Ninos Inc
    PO Box 66581
    Houston,TX77266     		N/A PC General support 10,000
    Children's Assessment Center Foundation
    2500 Bolsover St
    Houston,TX77005     		N/A PC General support 15,000
    Clayton Dabney Fdn for Kids with Cancer
    6500 Greenville Ave 342
    Dallas,TX75206     		N/A PC General support for Houston location 5,000
    Comal ISD
    1404 IH 35 N
    New Braunfels,TX78130     		N/A PC Technology and resources for Pieper Ranch Middle School and Timberwood Park Elementary PTA 40,000
    Council on Recovery
    303 Jackson Hill St
    Houston,TX77007     		N/A PC General support 10,000
    Covenant House Texas
    1111 Lovett Blvd
    Houston,TX77006     		N/A PC Building fund 75,000
    Discovery Green Conservancy
    1500 McKinney St
    Houston,TX77010     		N/A PC Programming 25,000
    Forge for Families Inc
    3435 Dixie Dr
    Houston,TX77021     		N/A PC General support 25,000
    Hermann Park Conservancy
    1700 Hermann Dr
    Houston,TX77004     		N/A PC General support 25,000
    Hill Country Casa Inc
    PO Box 290965
    Kerrville,TX78029     		N/A PC General support 15,000
    Hope Mommies
    1308 Common Street Suite 205
    Houston,TX78130     		N/A PC General support 10,000
    Houston Ballet Foundation
    601 Preston St
    Houston,TX77002     		N/A PC General support 10,000
    Houston Food Bank
    535 Portwall St
    Houston,TX77029     		N/A PC General support 25,000
    Houston Grand Opera
    510 Preston St
    Houston,TX77002     		N/A PC General support 10,000
    Houston Habitat for Humanity
    3750 North McCarty St
    Houston,TX77029     		N/A PC Support for home repairs 25,000
    Houston Symphony
    615 Louisiana St Ste 102
    Houston,TX77002     		N/A PC General support 10,000
    Kids' Meals Inc
    330 Garden Oaks Blvd
    Houston,TX77018     		N/A PC General support 20,000
    Lord of the Streets Episcopal Church
    3401 Fannin St
    Houston,TX77004     		N/A PC General support 10,000
    Moving Waters
    13821 Campwood Lane
    Cypress,TX77429     		N/A PC Trailer challenge grant 10,000
    Museum of Fine Arts Houston
    PO Box 6826
    Houston,TX77265     		N/A PC Reinzi education program 25,000
    Nick Finnegan Counseling Cntr Fdn
    2714 Joanel St
    Houston,TX77027     		N/A PC General support 10,000
    Open Door Mission
    PO Box 9356
    Houston,TX77261     		N/A PC General support 25,000
    Pathways for Little Feet
    9 Greenway Plaza 3150
    Houston,TX77046     		N/A PC Adoption grants 5,000
    San Angelo Museum
    1 Love St
    San Angelo,TX76903     		N/A PC Outreach education programs 50,000
    Small Steps
    2902 Jensen Drive
    Houston,TX77026     		N/A PC General support 10,000
    Spaulding for Children
    6925 Portwest Dr 110
    Houston,TX77024     		N/A PC General support 5,000
    Stages Inc
    3201 Allen Parkway
    Houston,TX77019     		N/A PC Expansion fund 500,000
    Star of Hope Mission
    4848 Loop Central
    Houston,TX77081     		N/A PC General support 25,000
    Trinity Oaks
    9385 Miller Ln
    San Antonio,TX78266     		N/A PC Canine Cabin 50,000
    University of Houston
    4800 Calhoun Rd
    Houston,TX77004     		N/A GOV Bert F. Winston Jr. Band Performance Center 500,000
    Yellowstone Academy
    607 Westheimer Rd
    Houston,TX77006     		N/A PC General support 20,000
    YMCA
    2600 N Loop W Fwy 300
    Houston,TX77092     		N/A PC Youth programs 10,000
    Total .................................bullet 3a 1,695,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ...........     		    14 84  
    4 Dividends and interest from securities ....          
    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 2,601,701  
    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) .. 0 4,681,103 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,681,103
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    Sterling-Turner Foundation
    EIN:
    74-1460482
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Audit and tax compliance 17,550 8,775   8,775
    Accounting fees 8,139 4,069   4,070

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    Sterling-Turner Foundation
    EIN:
    74-1460482
    Name of Stock End of Year Book Value End of Year Fair Market Value
    334 shs 3M Co 64,723 59,328
    562 shs Abbott Laboratories 54,303 79,096
    1,023 shs AbbVie Inc 107,988 138,514
    153 shs Accenture PLC A 32,544 63,426
    142 shs Adobe Systems Inc 58,042 80,522
    2,477 shs Advanced Semiconductor Eng 18,976 19,345
    1,218 shs Aflac Inc 55,347 71,119
    385 shs Air Products & Chemicals Inc 101,949 117,140
    253 shs Airbnb Inc 37,787 42,122
    37 shs Align Technology Inc 12,263 24,316
    869 shs Allianz SE Unsponsored ADR 21,984 20,521
    878 shs Allstate Corp 94,834 103,297
    13 shs Alphabet Inc A 18,846 37,661
    41 shs Alphabet Inc C 64,872 118,637
    17,667 shs Altria Group Inc 304,324 837,239
    38 shs Amazon.com Inc 127,910 126,705
    313 shs American Express Co 36,385 51,207
    265 shs Amgen Inc 59,969 59,617
    172 shs Autodesk Inc 41,439 48,365
    60 shs AutoZone Inc 72,047 125,783
    765 shs BAE Systems PLC 21,112 22,787
    2,462 shs Bank of America Corporation 75,979 109,534
    7,000 shs Bank of New York Mellon Corp 246,627 406,560
    345 shs BCE Inc 15,558 17,954
    388 shs Berkshire Hathaway Inc B 91,602 116,012
    1,185 shs Best Buy Inc Com 134,123 120,396
    1,063 shs BNP Paribas ADR 32,443 36,731
    2,746 shs BP PLC ADR 70,868 73,126
    2,099 shs Bristol-Myers Squibb Company 122,027 130,873
    365 shs British American Tobacco PLC 13,884 13,655
    762 shs Britvic PLC 19,389 18,990
    92 shs Broadcom Ltd 34,675 61,218
    1,060 shs Carrier Global Corp-Wi 44,816 57,494
    1,071 shs Chevron Corp 98,370 125,682
    473 shs Cie Generale des Etablissements Michelin SA ADR 14,367 15,508
    191 shs Cigna Corp 43,062 43,859
    1,823 shs Cisco Systems Inc 81,622 115,523
    1,099 shs Citigroup Inc 76,876 66,369
    72,390 shs Coca-Cola Co 220,114 4,286,212
    1,347 shs Comcast Corp Class A 71,851 67,794
    2,691 shs Compagnie de Saint-Gobain SA 31,559 37,868
    714 shs Consolidated Edison Inc 51,356 60,918
    1,849 shs CVS Health Corp 124,890 190,743
    367 shs Deutsche Post AG ADR 20,360 23,597
    567 shs Deutsche Telekom AG 11,154 10,510
    13 shs Diageo PLC 2,139 2,862
    932 shs DNB ASA ADR 20,653 21,349
    50 shs DocuSign Inc 7,828 7,616
    2,968 shs Dow Inc 139,660 168,345
    344 shs Emerson Electric Co 29,127 31,982
    2,944 shs Enel SpA 28,823 23,590
    425,886 shs Exxon Mobil Corp 1,277,802 26,059,964
    1,039 shs Franklin Resources Inc 32,118 34,796
    126 shs Gartner Inc 17,709 42,124
    3,782 shs General Electric Co 102,999 357,286
    544 shs Gilead Sciences Inc 38,057 39,500
    1,071 shs GXO Logistics Inc 68,647 97,279
    517 shs Hologic Inc 36,343 39,582
    482 shs Iberdrola SA 24,595 22,824
    62 shs Illumina Inc 22,513 23,587
    1,250 shs International Business Machines 147,190 167,075
    90 shs Intuitive Surgical Inc 22,955 32,337
    4,638 shs Johnson & Johnson 152,290 793,423
    942 shs Kimberly-Clark Corp 126,408 134,631
    10,000 shs Kinder Morgan Inc P 214,356 158,600
    505 shs Lowe's Companies Inc 97,199 130,532
    434 shs Marriott International Inc 54,587 71,714
    202 shs Mastercard Inc A 62,445 72,583
    26,682 shs Merck & Co Inc 352,551 2,044,908
    261 shs Meta Platforms Inc Class A 63,469 87,787
    1,123 shs MetLife Inc 56,436 70,176
    1,827 shs MGM Resorts International 63,325 81,996
    24,244 shs Microsoft Corp 681,100 8,153,742
    597 shs Mining and Metallurgical Co Norilsk Nickel 18,039 18,465
    37 shs MSCI Inc 13,445 22,670
    875 shs Munchener Ruckver-Gesellschaft AG ADR 26,546 25,921
    241 shs Nestle SA ADR 26,419 33,708
    61 shs Netflix Inc 32,570 36,749
    195 shs Nike Inc B 19,290 32,501
    1,087 shs Nippon Telegraph & Telephone Corp 28,781 29,734
    1,189 shs NN Group NV 28,878 32,187
    306 shs Novartis Ag 26,730 26,766
    1,802 shs NRG Energy Inc 60,447 77,630
    2,500 shs Organon &Co Common Stock 11,194 76,125
    152 shs PayPal Holdings Inc 25,822 28,664
    374 shs Persimmon PLC ADR 30,920 28,935
    3,333 shs Pfizer Inc 122,568 196,814
    7,694 shs Philip Morris International Inc 261,815 730,930
    684 shs Power Corporation of Canada 22,393 22,635
    13,850 shs Procter & Gamble Co 113,374 2,265,583
    812 shs Prudential Financial Inc 51,497 87,891
    379 shs Raytheon Technologies Ord 26,136 32,617
    1,021 shs Realty Income Corp 64,736 73,093
    554 shs Roche Holding AG ADR 22,866 28,813
    3,086 shs Royal Dutch Shell PLC 113,076 133,778
    262 shs Salesforce.com Inc 50,308 66,582
    423 shs Sanofi 20,696 21,192
    1,466 shs Schlumberger Ltd 32,391 43,907
    82 shs Servicenow Inc. 33,743 53,227
    371 shs Siemens AG 29,827 32,208
    648 shs Simon Property Group Inc 60,679 103,531
    600 shs Smurfit Kappa Group PLC 29,131 33,052
    2,516 shs SoftBank Corp ADR 33,577 31,780
    643 shs Sonic Healthcare Ltd Sponsored Adr 17,174 21,799
    778 shs Stanley Black & Decker Inc 154,262 146,746
    312 shs Starbucks Corp 25,848 36,495
    5,112 shs Svenska Handelsbanken ADR 28,092 27,625
    207 shs T. Rowe Price Group Inc 38,977 40,704
    1,972 shs Tesco PLC 20,844 23,230
    575 shs Tokio Marine Holdings Inc 29,203 31,917
    729 shs TotalEnergies SE 33,357 36,056
    172 shs Toyota Motor Corporation Ads 25,858 31,872
    896 shs Truist Financial Corp 43,629 52,461
    1,000 shs UBS Group AG 15,801 17,870
    435 shs Unilever PLC ADR 24,533 23,399
    748 shs United Overseas Bank Ltd 28,515 29,850
    815 shs United Parcel Service Inc Class B 141,797 174,687
    176 shs United Rentals Inc 30,684 58,483
    102 shs UnitedHealth Group Inc 34,621 51,218
    1319 shs Unum Group 33,907 32,408
    454 shs UPM-Kymmene Oyj ADR 17,065 17,275
    1,533 shs Vale SA 27,311 21,493
    1,516 shs Valero Energy Corp 100,947 113,867
    2,532 shs Verizon Communications Inc 144,859 131,563
    2,184 shs ViacomCBS Inc Class B 90,914 65,913
    259 shs Visa Inc Class A 49,184 56,128
    737 shs Volvo AB 16,627 17,066
    1,080 shs Walgreen Boots Alliance Inc 53,472 56,333
    2,323 shs Wells Fargo & Co 73,588 111,458
    226 shs Zimmer Biomet Holdings Inc 34,682 28,711
    258 shs Zoetis Inc 35,809 62,960
    706 shs Zurich Insurance Group Ag 29,853 31,025

    TY 2021 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
    Deposits 3,623 3,623 3,623


    TY 2021 OtherExpensesSchedule
    Name:
    Sterling-Turner Foundation
    EIN:
    74-1460482
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Insurance 4,732 0   4,732
    Office expense 1,146 0   1,146
    Telephone 1,719 0   1,719


    TY 2021 OtherLiabilitiesSchedule
    Name:
    Sterling-Turner Foundation
    EIN:
    74-1460482
    Description Beginning of Year - Book Value End of Year - Book Value
    288 Call (XOM) 1/21/22 22,869 39,015
    100 Call (XOM) 2/19/21 54,590 0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    Sterling-Turner Foundation
    EIN:
    74-1460482
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment management fees 154,565 154,565   0
    Information technology services 11,208 0   11,208


    TY 2021 TaxesSchedule
    Name:
    Sterling-Turner Foundation
    EIN:
    74-1460482
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise tax 62,659 0   0
    Foreign tax 5,838 5,838   0