Russell and Marguerite Stephenson Foundation

PENNINGTON, NJ EIN: 26-6706458

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

-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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Russell and Marguerite Stephenson Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $283K (66%)

Florida $81K (19%)

Massachusetts $64K (15%)

States

Florida Massachusetts Ohio

Cities

ClydeDaytonFremontLexingtonMaumeeSpringfieldTampaTiffin

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Philanthropy, Voluntarism & Grantmaking

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.