Apex Oil Company Charitable Foundation

CLAYTON, MO EIN: 71-0914470

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.

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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

The foundation does not respond to unsolicited applications for funding. No confirmed application deadlines are provided by the foundation. Interested organizations should contact the foundation directly for more information.

Review Cycle

are provided by the foundation. Interested organizations should contact the foundation directly for more information.

How to Apply

**

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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

10states
+2 more states

Cities

AlexandriaBelnorClaytonCrestwoodDallasFlorissentFort LauderdaleFt LauderdaleHoustonKansas CityMaplewoodMemphisNew YorkOceansidePark CityPittsburghRochesterSt LouisTallahasseeTorrance

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$6M20202021202220232024
Metric202420232022
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

Giving Over Time

Total grant dollars and number of grants per year

$0$763K$2M$2M$3M4 grants202014 grants202119 grants202223 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BJC HOSPITAL FOUNDATION$155KMAYO CLINIC$150KMISSOURI BAPTIST HEALTHC…$150KMERCY HEALTH FOUNDATION$150KST LOUIS POLICE FOUNDATION$50KTODAY AND TOMORROW FOUND…$50KUT FOUNDATION$50KCULTURAL FESTIVALST LOUI…$25KACCESS ACADEMIES$10KBOYS HOPE GIRLS HOPE$10K

Grant Size Distribution

82 grants across all recorded years

59<$50K5$50–100K14$100–250K1$250–500K1$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bjc Hospital Foundation ($155,000), Mayo Clinic ($150,000), Missouri Baptist Healthcare Foundation ($150,000).

RecipientPurposeAmount
ACCESS ACADEMIES ST LOUIS, MOTO SUPPORT EDUCATION$10,000
BJC HOSPITAL FOUNDATION ST LOUIS, MOTO FUND MS RESEARCH$155,000
BOYS HOPE GIRLS HOPE ST LOUIS, MOTO SUPPORT EDUCATION$10,000
CLAYTON COMMUNITY FOUNDATION CLAYTON, MOCOMMUNITY SUPPORT$5,000
CULTURAL FESTIVALST LOUIS ART FAIR CLAYTON, MOTO SUPPORT THE ARTS$25,000
DESMET JESUIT HIGH ST LOUIS, MOTO SUPPORT EDUCATION$10,000
INCARNATE WORD BELNOR, MOTO SUPPORT EDUCATION$10,000
LITTLE BIT FOUNDATION ST LOUIS, MOTO SUPPORT YOUTH PROGRAMS$10,000
MAYO CLINIC ROCHESTER, MNTO FUND MEDICAL RESEARCH$150,000
MISSOURI BAPTIST HEALTHCARE FOUNDATION ST LOUIS, MOTO FUND HEALTHCARE$150,000

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

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PAUL A NOVELLY IIPRESIDENT / DIRECTOR
CHANDRA N NIEMANNTREASURER / DIRECTOR10
KARON M BURNSSECRETARY

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?

**Grant Activity:** • Total giving in 2023: $1,134,500 • Number of grants made in 2023: 19 grants • Median grant amount: $10,000 • Maximum grant amount: $500,000 • Typical award range: $1,000–$2,500,000 **Recent Grantees (2023):** • Missouri Baptist Healthcare Foundation: $150,000 (Healthcare funding) • Mayo Clinic: $150,000 (Medical research) • Today and Tomorrow Educational Foundation: $50,000 (Scholarships) • Horatio Alger Association (among other organizations) **Application Process:** The …

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 June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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