Michael J Stephen and Lucile G Stephen
Michael J Stephen and Lucile G Stephen is a private foundation, based in Elmwood Park, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $750K in total assets. In 2024, it awarded 5 grants totaling $28K. Net investment income was $313.
Michael J Stephen and Lucile G Stephen at a glance
In short: Michael J Stephen and Lucile G Stephen gave $28K across 5 grants in 2024 (avg $6K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $27,675
- +25.8% vs 2023
- Grants made (2024)
- 5
- +0.0% vs 2023
- Average grant
- $5,535
- +25.8% vs 2023
- Median grant
- $5,000
- Total assets
- $749,950
- +6.5% vs 2023
- Primary geography
- New York (54% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Michael J Stephen and Lucile G Stephen funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Doctors Without Borders ($10K). Together the top 5 received $28K.
Grant Size Distribution
26 grants across all recorded years
The most common grant size was under $50K: 26 grants of 26 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Michael J Stephen and Lucile G Stephen gives
- Giving held roughly steady from 2021 to 2024 (+15%). Method
- In 2024 it paid out 732% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $20K (2020) to $28K (2024). In 2024 it made 5 grants totaling $28K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Doctors Without Borders New York, NY | Medical | $10,000 |
| Everytown for Gun Safety Support Fu New York, NY | Humanitarian | $5,000 |
| Jwas Foundation Mishawaka, IN | Humanitaria | $5,000 |
| Block Club Chicago Chicago, IL | Humanitarian | $5,000 |
| The Stanley Clark School Fund South Bend, IN | Humanitarian | $2,675 |
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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 | $749,950 | $76,781 | $31,164 | $27,675 | 5 | $27,675 | $313 | $3,782 |
| 2023 | $704,333 | $42,559 | $25,407 | $22,000 | 5 | $22,000 | $291 | $26,842 |
| 2022 | $687,181 | $121,452 | $25,441 | $22,075 | 5 | $22,075 | $137 | $20,805 |
| 2021 | $591,170 | $83,355 | $27,931 | $24,000 | 5 | $24,000 | $80 | $22,064 |
| 2020 | $535,746 | $123,119 | $23,449 | $20,000 | 6 | — | $46,085 | $22,690 |
Under IRS private-foundation payout rules, Michael J Stephen and Lucile G Stephen reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Michael J Stephen and Lucile G Stephen is led by Michael A. Stephen, Director, Chair & Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Michael A. Stephen
Director, Chair & Director
On filings since 2020
No compensation reported
Marcia K. Stephen
Director & Vice Chai
On filings since 2020
No compensation reported
Mia L. Stephen
Director
On filings since 2020
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 Michael J Stephen and Lucile G Stephen
How much does Michael J Stephen and Lucile G Stephen give each year?
Michael J Stephen and Lucile G Stephen gave $28K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $22K across 5 grants.
What is Michael J Stephen and Lucile G Stephen's typical grant size?
Michael J Stephen and Lucile G Stephen's median grant in 2024 was $5,000, and its average grant was $5,535, across 5 grants on its 2024 IRS Form 990-PF.
Where does Michael J Stephen and Lucile G Stephen give grants?
Michael J Stephen and Lucile G Stephen gives mostly in New York: 54% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Indiana (28%) and Illinois (18%). The most frequent recipient cities were New York, NY (2 grants).
Does Michael J Stephen and Lucile G Stephen give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Michael J Stephen and Lucile G Stephen's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Humanitarian" (3 grants).
Who are Michael J Stephen and Lucile G Stephen's largest grantees?
Michael J Stephen and Lucile G Stephen's largest 2024 grantees include Doctors Without Borders ($10,000), Everytown for Gun Safety Support Fu ($5,000) and Jwas Foundation ($5,000), according to its 2024 IRS Form 990-PF. Together they received 72% of its itemized 2024 grant dollars.
How large is Michael J Stephen and Lucile G Stephen?
Michael J Stephen and Lucile G Stephen reported $750K in total assets on its 2024 IRS Form 990-PF. It paid out $28K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).
What is Michael J Stephen and Lucile G Stephen's EIN?
Michael J Stephen and Lucile G Stephen's EIN (Employer Identification Number) is 26-1598109. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Michael J Stephen and Lucile G Stephen funds
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