Michael J Stephen and Lucile G Stephen
Michael J Stephen and Lucile G Stephen is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$750K
+6.5% YoY
Annual Giving
$28K
+25.8% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$6K
+25.8% YoY
About Michael J Stephen and Lucile G Stephen
Based on IRS filings
Michael J Stephen and Lucile G Stephen is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $749,950 | $704,333 | $687,181 |
| Revenue | $76,781 | $42,559 | $121,452 |
| Expenses | $31,164 | $25,407 | $25,441 |
| Qualifying Distributions | $27,675 | $22,000 | $22,075 |
| Net Investment Income | $313 | $291 | $137 |
| Distributable Amount | $3,782 | $26,842 | $20,805 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL J STEPHEN | DIR., CHAIR | — | — |
| MARCIA K STEPHEN | DIR., VICE CHAI | — | — |
| MICHAEL A STEPHEN | DIRECTOR | — | — |
| MIA L STEPHEN | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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