Apex Oil Company Charitable Foundation
Apex Oil Company Charitable Foundation is a corporate foundation established in 2002 and granted charitable status in January 2003. Based in Clayton, Missouri, the foundation is a 501(c)(3) organization with a primary focus on supporting organizations involved in child welfare, education, health, medical research, and human services.
Key facts about Apex Oil Company Charitable Foundation
- EIN
- 71-0914470
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $900,000
- Grants made (2024)
- 22
- Average grant
- $40,909
- Median grant
- $10,000
- Total assets
- $13,883,494
- Primary geography
- Missouri (76% of itemized 2024 grant dollars)
- How to apply
- The foundation does not respond to unsolicited applications for funding. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Apex Oil Company Charitable Foundation funds
By grant dollars, the top recipient states for Apex Oil Company Charitable Foundation's 22 itemized 2024 grants were Missouri (76%), Minnesota (17%) and Texas (6%). The most frequent recipient cities were St Louis, MO (14 grants) and Clayton, MO (2 grants). None of its 22 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Support Education" (5 grants).
How Apex Oil Company Charitable Foundation gives
- 73% of 2024 grantees were also funded in 2023. Method
- Giving fell 71% from 2021 to 2024. Method
- In 2024 it paid out 182% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Apex Oil Company Charitable Foundation
- How to evaluate Apex Oil Company Charitable Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.9M
+63.0% YoY
Annual Giving
$900K
-20.7% YoY
Grant Count
22
-4.3% YoY
Avg Grant Size
$41K
-17.1% YoY
Under IRS private-foundation payout rules, Apex Oil Company Charitable Foundation reported a distributable amount of $495K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports organizations involved with:
- Child welfare
- Education
- Health
- Medical research
- Human services
The foundation also provides funding for scholarships and supports at-risk youth services and services for the disabled.
Grantmaking
Review Cycle
are provided by the foundation. Interested organizations should contact the foundation directly for more information.
How to Apply
**
Ready to take the next step with Apex Oil Company Charitable Foundation?
Geographic Focus
Where this funder awards grants
The foundation provides support nationally, with primary grantmaking focus in Missouri, Florida, and Utah.
Grant Distribution by State
Share of all 22 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total assets: $8,520,093
- Total revenues: $1,309,959
- Total expenses: $1,137,564
- Total grants and contributions received: $1,000,000
As of December 31, 2022:
- Total grants and contributions received: $4,250,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,883,494 | $8,520,093 | $8,099,285 |
| Revenue | $5,508,041 | $1,309,959 | $4,523,124 |
| Expenses | $914,740 | $1,137,564 | $812,538 |
| Qualifying Distributions | $900,000 | $1,134,500 | $810,000 |
| Net Investment Income | $520,541 | $525,822 | $273,124 |
| Distributable Amount | $494,653 | $423,902 | $247,136 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include BJC Hospital Foundation ($155,000), Mayo Clinic ($150,000), Missouri Baptist Healthcare Foundation ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BJC HOSPITAL FOUNDATION St Louis, MO | TO FUND MS RESEARCH | $155,000 |
| MAYO CLINIC Rochester, MN | TO FUND MEDICAL RESEARCH | $150,000 |
| MISSOURI BAPTIST HEALTHCARE FOUNDATION St Louis, MO | TO FUND HEALTHCARE | $150,000 |
| MERCY HEALTH FOUNDATION St Louis, MO | TO FUND HEALTHCARE | $150,000 |
| ST LOUIS POLICE FOUNDATION St Louis, MO | SUPPORT LOCAL POLICE PROGRAMS | $50,000 |
| TODAY AND TOMORROW FOUNDATION St Louis, MO | TO FUND SCHOLARSHIPS | $50,000 |
| UT FOUNDATION Houston, TX | TO FUND MEDICAL RESEARCH | $50,000 |
| CULTURAL FESTIVALST LOUIS ART FAIR Clayton, MO | TO SUPPORT THE ARTS | $25,000 |
| ACCESS ACADEMIES St Louis, MO | TO SUPPORT EDUCATION | $10,000 |
| BOYS HOPE GIRLS HOPE St Louis, MO | TO SUPPORT EDUCATION | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board Members and Officers:
- Paul A. Novelly — President/Director
- Paul A. Novelly II — Director
- Chandra N. Niemann — Treasurer/Director
- Karon M. Burns — Secretary
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Paul a Novelly II | President / Director | — | — |
| Chandra N Niemann | Treasurer / Director | 10 | — |
| Karon M Burns | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Apex Oil Company Charitable Foundation fund?
The foundation supports organizations involved with: • Child welfare • Education • Health • Medical research • Human services The foundation also provides funding for scholarships and supports at-risk youth services and services for the disabled.
How do I apply for a grant from Apex Oil Company Charitable Foundation?
The foundation does not respond to unsolicited applications for funding. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Apex Oil Company Charitable Foundation make grants?
The foundation provides support nationally, with primary grantmaking focus in Missouri, Florida, and Utah.
What size grants does Apex Oil Company Charitable Foundation award?
In 2024, Apex Oil Company Charitable Foundation awarded 22 grants totaling $900K — an average of about $41K per grant, based on its IRS Form 990 filings.
How much is Apex Oil Company Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Apex Oil Company Charitable Foundation reported a distributable amount of $495K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Apex Oil Company Charitable Foundation's EIN?
Apex Oil Company Charitable Foundation's EIN (Employer Identification Number) is 71-0914470. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.