Russell and Marguerite Stephenson Foundation
Russell and Marguerite Stephenson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 10 grants totaling $69K. Net investment income was $130K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+1.8% YoY
Annual Giving
$69K
-8.7% YoY
Grant Count
10
-16.7% YoY
Avg Grant Size
$7K
+9.6% YoY
Under IRS private-foundation payout rules, Russell and Marguerite Stephenson Foundation reported a distributable amount of $100K for 2024 — the minimum it must pay out in qualifying distributions.
About Russell and Marguerite Stephenson Foundation
Based on IRS filings
Russell and Marguerite Stephenson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 10 grants totaling $69K. Net investment income was $130K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,774,273 | $1,743,678 | $1,780,310 |
| Revenue | $147,832 | $76,138 | $64,460 |
| Expenses | $117,062 | $115,866 | $128,641 |
| Qualifying Distributions | $99,535 | $100,766 | $109,114 |
| Net Investment Income | $130,475 | $59,863 | $48,203 |
| Distributable Amount | $100,371 | $92,878 | $97,048 |
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
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Tiffin University ($14,000), Supreme Council Benevolent Foundation ($13,000), Clyde Public Library ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CLYDE PUBLIC LIBRARY CLYDE, OH | UNRESTRICTED GENERAL | $8,000 |
| SUPREME COUNCIL BENEVOLENT FOUNDATION LEXINGTON, MA | VALLEY OF TOLEDO | $13,000 |
| WOMEN HELPING YOUNG MOTHERS INC FREMONT, OH | UNRESTRICTED GENERAL | $3,000 |
| FIRST MISSIONARY CHURCH OF CLYDE CLYDE, OH | LITTLE FLIERS FOOD PROGRAM | $1,500 |
| GRAND LODGE CHARITABLE FOUNDATION SPRINGFIELD, OH | UNRESTRICTED GENERAL | $5,200 |
| TIFFIN UNIVERSITY TIFFIN, OH | UNRESTRICTED GENERAL | $14,000 |
| FIRST PRESBYTERIAN CHURCH OF CLYDE CLYDE, OH | UNRESTRICTED GENERAL | $8,000 |
| CLYDE GREEN SPRINGS SCHOOLS CLYDE, OH | UNRESTRICTED GENERAL | $5,300 |
| SHRINERS HOSPITALS FOR CHILDREN TAMPA, FL | UNRESTRICTED GENERAL | $8,000 |
| DYSLEXIA EDUCATION TRAINING CENTER MAUMEE, OH | UNRESTRICTED GENERAL | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN S KELLER | TRUSTEE | 15 | $19,452 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Russell and Marguerite Stephenson Foundation?
Russell and Marguerite Stephenson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $1.8M in total assets as of 2024.
How large is Russell and Marguerite Stephenson Foundation?
As of 2024, Russell and Marguerite Stephenson Foundation holds $1.8M in total assets with $148K in annual revenue. It awarded 10 grants totaling $69K in 2024.
Where does Russell and Marguerite Stephenson Foundation operate?
Russell and Marguerite Stephenson Foundation has awarded grants in Florida, Massachusetts, Ohio.
What size grants does Russell and Marguerite Stephenson Foundation award?
In 2024, Russell and Marguerite Stephenson Foundation awarded 10 grants totaling $69K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Russell and Marguerite Stephenson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Russell and Marguerite Stephenson Foundation reported a distributable amount of $100K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Russell and Marguerite Stephenson Foundation's EIN?
Russell and Marguerite Stephenson Foundation's EIN (Employer Identification Number) is 26-6706458. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Russell and Marguerite Stephenson Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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