Soar Foundation for the Needy Inc

LEXINGTON, KY EIN: 82-1556178

Soar Foundation for the Needy Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, KY. IRS filing data is available from 2021 through 2024. In 2024, it awarded 11 grants totaling $51K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$51K

+169.9% YoY

Grant Count

11

+57.1% YoY

Avg Grant Size

$5K

+71.8% YoY

About Soar Foundation for the Needy Inc

Based on IRS filings

Soar Foundation for the Needy Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, KY. IRS filing data is available from 2021 through 2024. In 2024, it awarded 11 grants totaling $51K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

BaltimoreChicagoJacksonvilleLexingtonMartinMemphisStaten Island

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14K$28K$42K$56K2021202220232024
Metric202420232022
Total Assets$26,329$29,439
Revenue$25,004$16,005$8
Expenses$51,333$19,115$29,521
Qualifying Distributions$51,286$19,000$29,500
Net Investment Income$5$8
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$26K$38K$51K2 grants20217 grants20227 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GOD'S PANTRY FOOD BANK$17KCATHOLIC ACTION CENTER$6KWOUNDED WARRIOR PROJECT$5KTUNNEL TO TOWERS FOUNDAT…$5KALSAC FOR ST JUDE CHILDR…$4KCATHOLIC RELIEF SVCS$3KCHRISTIAN APPALACHIN PRO…$3KINTL FELLOWSHIP OF CHRIS…$3KTHE NEST$3KSHRINERS' CHILDREN HOSPI…$3K

Grant Size Distribution

27 grants across all recorded years

27<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
RALPH I STEVENS IIIPRESIDENT
CAROL STEVENSVICE PRESIDE
SUSAN JOSEPHDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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