Carol and Witt Stephens Charitable Foundation is a private foundation based in Little Rock, Arkansas. Established in 2001, it operates as a 501(c)(3) organization designated for charitable, educational, and human services purposes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
-10.6% YoY
Annual Giving
$339K
-69.0% YoY
Grant Count
10
-41.2% YoY
Avg Grant Size
$34K
-47.3% YoY
Mission & Focus Areas
The foundation gives primarily to a children's hospital, as well as for education and human services. Grant-making focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services, with primary geographic concentration in Arkansas, Virginia, and Florida.
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$1,000 - $660,000
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Geographic Focus
Where this funder awards grants
Primary funding areas include Arkansas, Virginia, and Florida.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $2,407,411
- Total giving: $1,092,725
- Total liabilities: $0
- Revenue: $138,000
The foundation has maintained consistent financial activity since its establishment, with Form 990 tax filings available from 2011 forward.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,152,142 | $2,407,411 | $3,367,222 |
| Revenue | $91,736 | $138,278 | $74,347 |
| Expenses | $345,449 | $1,097,644 | $1,896,456 |
| Qualifying Distributions | $338,515 | $1,092,725 | $1,845,495 |
| Net Investment Income | $91,736 | $138,278 | $74,304 |
| Distributable Amount | $208,089 | $219,741 | $266,230 |
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
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Christopher E. Kauffman serves as Treasurer. W.R. Stephens Jr. is listed as a Trustee.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WR STEPHENS JR | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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—
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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