Lloyd K & Peggy L Stephens Foundation
The Lloyd K & Peggy L Stephens Foundation is a private foundation based in Tulsa, Oklahoma. Its 2024 filing reports 14 grants totaling $234,000, supporting organizations working in areas including education, health care, domestic violence prevention, veterans’ programs, and assistance for children and families.
Lloyd K & Peggy L Stephens Foundation at a glance
In short: Lloyd K & Peggy L Stephens Foundation gave $234K across 14 grants in 2024 (avg $17K), mostly in Oklahoma. 29% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $234,000
- -44.4% vs 2023
- Grants made (2024)
- 14
- +27.3% vs 2023
- Average grant
- $16,714
- -56.3% vs 2023
- Median grant
- $12,500
- Total assets
- $2,551,388
- -6.3% vs 2023
- New grantees (estimate)
- 29% first-time grantees (4 of 14, 2024; small sample)
- Primary geography
- Oklahoma (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Lloyd K & Peggy L Stephens Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1924 South Utica Suite 900, Tulsa, OK 74104
Phone: (918) 743-8900
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Lloyd K & Peggy L Stephens Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Sprouts Child Development ($40K). Together the top 10 received $210K.
Grant Size Distribution
45 grants across all recorded years
The most common grant size was under $50K: 39 grants of 45 (87%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2024 went to recipients in Oklahoma. The listed recipients are in Tulsa and Oklahoma City.
Grant Distribution by State
Share of 2024 grant dollars across all 14 itemized grants.
Cities
Is Lloyd K & Peggy L Stephens Foundation open to new grantees?
29%
first-time grantees, 2024
In 2024, 4 of 14 grantees (29%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $11K; repeat grants $19K. How we count
Medians: $10K first-time, $23K repeat.
- 64% of 2024 grantees were also funded in 2023. Method
- Giving grew 31% from 2021 to 2024. Method
- In 2024 it paid out 161% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $91K (2020) to $421K (2023). In 2024 it made 14 grants totaling $234K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sprouts Child Development Tulsa, OK | Educational | $40,000 |
| Union Public Schools Tulsa, OK | Educational | $30,000 |
| Ou College of Public Health Oklahoma City, OK | Health Care Advancement | $25,000 |
| Camp Fire Green Country Tulsa, OK | Educational | $25,000 |
| Domestic Violence Intervention Services Tulsa, OK | Domestic Violence Prevention | $25,000 |
| Coffee Bunker Tulsa, OK | Veterans Programs | $20,000 |
| Gaining Ground Tulsa, OK | Educational Help for Families | $15,000 |
| Helping Hands Ministry Tulsa, OK | Emergency Basic Needs Assistance | $10,000 |
| Oklahoma Partnership for School Readines Oklahoma City, OK | Educational | $10,000 |
| Harmony Project Tulsa, OK | Educational Help for Children | $10,000 |
Ready to take the next step with Lloyd K & Peggy L Stephens Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,551,388 | $118,967 | $263,862 | $234,000 | 14 | $234,000 | $118,967 | $145,477 |
| 2023 | $2,721,606 | $4,473 | $448,501 | $420,853 | 11 | $420,853 | $72,681 | $147,216 |
| 2022 | $2,915,157 | $-195,352 | $177,427 | $143,020 | 5 | $143,020 | $61,666 | $158,895 |
| 2021 | $3,117,807 | $217,306 | $217,209 | $179,000 | 9 | $179,000 | $194,655 | $168,902 |
| 2020 | $3,306,531 | $-225,556 | $111,548 | $91,000 | 6 | — | $72,096 | $94,565 |
Under IRS private-foundation payout rules, Lloyd K & Peggy L Stephens Foundation reported a distributable amount of $145K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission statement is provided. Its 2024 grants include support for educational programs, health care advancement and testing, domestic violence prevention, veterans’ programs, and emergency basic-needs assistance.
Some grantees describe their own work as follows: Camp Fire Green Country connects young people to the outdoors, to others, and to themselves. Gaining Ground says it develops readers, thinkers, and leaders through family literacy experiences and access to books and supplies in underserved areas. Lilyfield describes itself as a Christ-centered ministry devoted to providing healthy families for at-risk children and youth. Domestic Violence Intervention Services says it works to advance safety and reduce the impact and occurrence of sexual and domestic violence, human trafficking, and stalking through intervention and prevention services.
Grantmaking
In 2024, the foundation reported 14 grants totaling $234,000. Grant amounts ranged from $2,000 to $40,000, with a median of $12,500.
The largest reported grants included $40,000 to Sprouts Child Development for educational purposes; $30,000 to Union Public Schools for educational purposes; and $25,000 each to OU College of Public Health for health care advancement, Camp Fire Green Country for educational purposes, and Domestic Violence Intervention Services for domestic violence prevention. Other reported awards included $20,000 to Coffee Bunker for veterans’ programs and $15,000 to Gaining Ground for educational help for families.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Phil Dessauer, Jan Creveling, and Bobbie Henderson as trustees.
Lloyd K & Peggy L Stephens Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Phil Dessauer
Trustee
On filings since 2020
No compensation reported
Bobbie Henderson
Trustee
On filings since 2021
No compensation reported
Jan Creveling
Trustee
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Lloyd K & Peggy L Stephens Foundation
How much does Lloyd K & Peggy L Stephens Foundation give each year?
Lloyd K & Peggy L Stephens Foundation gave $234K across 14 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $421K across 11 grants.
What is Lloyd K & Peggy L Stephens Foundation's typical grant size?
Lloyd K & Peggy L Stephens Foundation's median grant in 2024 was $12,500, and its average grant was $16,714, across 14 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Lloyd K & Peggy L Stephens Foundation that year got $11K on average.
Where does Lloyd K & Peggy L Stephens Foundation give grants?
Lloyd K & Peggy L Stephens Foundation gives mostly in Oklahoma: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Tulsa, OK (12 grants) and Oklahoma City, OK (2 grants).
Does Lloyd K & Peggy L Stephens Foundation give general operating support?
Not in 2024: none of the 14 grants with a stated purpose on Lloyd K & Peggy L Stephens Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational" (4 grants).
Who are Lloyd K & Peggy L Stephens Foundation's largest grantees?
Lloyd K & Peggy L Stephens Foundation's largest 2024 grantees include Sprouts Child Development ($40,000), Union Public Schools ($30,000) and Ou College of Public Health ($25,000), according to its 2024 IRS Form 990-PF. Together they received 41% of its itemized 2024 grant dollars.
How large is Lloyd K & Peggy L Stephens Foundation?
Lloyd K & Peggy L Stephens Foundation reported $2.6M in total assets on its 2024 IRS Form 990-PF. It paid out $234K in qualifying distributions that year, against a required minimum of $145K (roughly 5% of its investment assets).
What does Lloyd K & Peggy L Stephens Foundation fund?
No foundation mission statement is provided. Its 2024 grants include support for educational programs, health care advancement and testing, domestic violence prevention, veterans’ programs, and emergency basic-needs assistance. See mission & focus areas ↑
How do I apply for a grant from Lloyd K & Peggy L Stephens Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Lloyd K & Peggy L Stephens Foundation's EIN?
Lloyd K & Peggy L Stephens Foundation's EIN (Employer Identification Number) is 73-1604702. IRS Form 990 filing data is available on this page for 2020–2024.
Does Lloyd K & Peggy L Stephens Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Lloyd K & Peggy L Stephens Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Flint Family Foundation
Tulsa, OK
The Flint Family Foundation funds 501(c)(3) nonprofits in arts, education, health, and human services, focusing on northeastern Oklahoma, especially the Tulsa area. In 2025, grants ranged from $5,000 to $1 million, with a median of $20,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$29.2M
Grants
29
Total Given
$1.9M
Grace & Franklin Bernsen Foundation
Tulsa, OK
The foundation supports Tulsa-area nonprofits working in charitable, educational, literary, religious, scientific, and child-protection fields, including capital, building, and program projects. Its 2025 grants ranged from $1,762 to $100,000, with a median of $20,000. It asks organizations to submit an abstract first; eligible applicants are invited to submit a full proposal.
Assets
$24.9M
Grants
68
Total Given
$1.8M
Tulsa Fdn Gen
Chicago, IL
The foundation supports preselected charitable nonprofits in areas including arts, education, health, human services, and community development, with its grant program focused on Tulsa, Oklahoma, though recent grants also went to organizations in Illinois and Virginia. In 2025, grants ranged from $2,500 to $222,047, with a median of $5,000. It does not accept unsolicited requests.
Assets
$17.7M
Grants
28
Total Given
$996K
George Kaiser Family Foundation
Tulsa, OK
George Kaiser Family Foundation funds early childhood development and education, family and community well-being, justice, affordable housing, and Tulsa neighborhood and civic initiatives, primarily in Tulsa and Oklahoma. Its 2024 grants ranged from $500 to $20.2 million, with a median of $50,000. It does not accept unsolicited proposals for its general work, though eligible nonprofits may apply through its Accelerator Grants initiative.
Assets
$5.1B
Grants
383
Total Given
$99.9M
Tulsa Community Foundation
Tulsa, OK
Tulsa Community Foundation supports charitable causes through donor-advised grants and selected funds, including scholarships, emergency assistance, disaster relief, arts and humanities, healthcare, and financial literacy, primarily in the Tulsa metro area and eastern Oklahoma, with some giving elsewhere in the United States. Its 2024 median grant was $18,560; selected field-of-interest funds have application cycles, but the profile does not state whether it accepts unsolicited requests generally.
Assets
$1.1B
Grants
1,066
Total Given
$158.6M
St John Medical Center Inc
St. Louis, MO
This funder supports Oklahoma organizations working in healthcare access and other community needs, including food access, housing, homelessness, senior health, and youth programs. Its 2025 grants ranged from $21,494 to $1.62 million, with a median of $97,200. The available materials do not say whether it accepts unsolicited requests.
Assets
$289.6M
Grants
47
Total Given
$11.5M
More similar funders
More Funders in Oklahoma
Cite this profile
Grantable. (2026). Lloyd K & Peggy L Stephens Foundation funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/lloyd-k-and-peggy-l-stephens-foundation-morg_abd0549c9524496c946d2097b281fdd3
BibTeX
@misc{grantable_731604702_2026,
author = {{Grantable}},
title = {{Lloyd K \& Peggy L Stephens Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/lloyd-k-and-peggy-l-stephens-foundation-morg_abd0549c9524496c946d2097b281fdd3},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Lloyd K & Peggy L Stephens Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Lloyd K & Peggy L Stephens Foundation down — hundreds of funders to go?