Soar Foundation for the Needy Inc
Soar Foundation for the Needy Inc is a private foundation based in Lexington, Kentucky. Its 2024 filing records 11 grants totaling $51,286 to charitable organizations.
Soar Foundation for the Needy Inc at a glance
In short: Soar Foundation for the Needy Inc gave $51K across 11 grants in 2024 (avg $5K), mostly in Kentucky. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $51,286
- +169.9% vs 2023
- Grants made (2024)
- 11
- +57.1% vs 2023
- Average grant
- $4,662
- +71.8% vs 2023
- Median grant
- $3,000
- Primary geography
- Kentucky (61% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
How to apply to Soar Foundation for the Needy Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation’s 2023 final return states that it does not accept unsolicited requests for funds and contributes only to preselected charitable organizations. This is not presented as a current application process.
- Contact
Mailing address: 1708 Bahama Rd, Lexington, KY 40509
Phone: (859) 299-7323
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Soar Foundation for the Needy Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was God's Pantry Food Bank ($17K). Together the top 10 received $51K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 34 grants of 34 (100%).
Geographic Focus
Where this funder awards grants
In 2024, 61% of grant dollars went to recipients in Kentucky, 10% to Florida, 10% to New York, 8% to Tennessee, and 6% to Maryland. The listed grants also include a recipient in Illinois.
Grant Distribution by State
Share of 2024 grant dollars across all 11 itemized grants.
Cities
How Soar Foundation for the Needy Inc gives
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $10K (2021) to $51K (2024). In 2024 it made 11 grants totaling $51K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| God's Pantry Food Bank Lexington, KY | Providing Food to Help Support Needy | $17,000 |
| Catholic Action Center Lexington, KY | To Help Support the Needy | $6,000 |
| Wounded Warrior Project Jacksonville, FL | Providing Assistance to Needy Vets | $5,000 |
| Tunnel to Towers Foundation Staten Island, NY | Providing Support to Vets & 1ST Resp | $5,000 |
| Alsac for St Jude Childrens Hospita Memphis, TN | Providing Support to Ill Children | $4,000 |
| Catholic Relief Svcs Baltimore, MD | To Help Support the Needy | $3,000 |
| Christian Appalachin Project Lexington, KY | Provide Support to Needy in East KY | $3,000 |
| Intl Fellowship of Christian & Jews Chicago, IL | To Help Support the Needy | $3,000 |
| The Nest Lexington, KY | Assistance to Needy Women & Children | $2,500 |
| Shriners' Children Hospital Lexington, KY | Providing Medical Svcs to Children | $2,500 |
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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 | — | $25,004 | $51,333 | $51,286 | 11 | $51,286 | — | — |
| 2023 | $26,329 | $16,005 | $19,115 | $19,000 | 7 | $19,000 | $5 | — |
| 2022 | $29,439 | $8 | $29,521 | $29,500 | 7 | $29,500 | $8 | — |
| 2021 | $58,952 | $40,001 | $10,299 | $10,000 | 2 | — | $1 | $2,172 |
| 2019 | $51,418 | $232 | $10,713 | $10,600 | 7 | — | $232 | $2,785 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants went to organizations addressing needs including food assistance, support for veterans and first responders, services for children, and assistance to people in need.
Among the grantees, God’s Pantry Food Bank describes its mission as reducing hunger by working with others to feed Kentucky communities. Wounded Warrior Project says it focuses on the well-being of post-9/11 veterans, active-duty service members, and their families. Lexington Rescue Mission describes itself as a Christ-centered ministry serving the physical, emotional, and spiritual needs of people in greater Lexington.
Grantmaking
In 2024, the foundation made 11 grants totaling $51,286. Grant amounts ranged from $286 to $17,000, with a median of $3,000. The largest awards included $17,000 to God’s Pantry Food Bank and $6,000 to Catholic Action Center, both in Lexington; $5,000 each to Wounded Warrior Project and Tunnel to Towers Foundation; and $4,000 to ALSAC for St. Jude Children’s Hospital.
Other 2024 recipients included Catholic Relief Services ($3,000), Christian Appalachian Project ($3,000), International Fellowship of Christians and Jews ($3,000), The Nest ($2,500), Shriners’ Children Hospital ($2,500), and Lexington Rescue Mission ($286). The filing lists grant purposes that include food, assistance to people in need, support for veterans and first responders, and services for children.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Ralph I Stevens III as president, Carol Stevens as “Vice Preside” (as listed), and Susan Joseph as director.
Soar Foundation for the Needy Inc is led by Ralph I. Stevens III, President on every filing since 2019; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ralph I. Stevens III
President
On filings since 2019
No compensation reported
Susan Joseph
Director
On filings since 2019
No compensation reported
Carol Stevens
Vice President
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "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 Soar Foundation for the Needy Inc
How much does Soar Foundation for the Needy Inc give each year?
Soar Foundation for the Needy Inc gave $51K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $19K across 7 grants.
What is Soar Foundation for the Needy Inc's typical grant size?
Soar Foundation for the Needy Inc's median grant in 2024 was $3,000, and its average grant was $4,662, across 11 grants on its 2024 IRS Form 990-PF.
Where does Soar Foundation for the Needy Inc give grants?
Soar Foundation for the Needy Inc gives mostly in Kentucky: 61% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Florida (10%) and New York (10%). The most frequent recipient cities were Lexington, KY (6 grants).
Does Soar Foundation for the Needy Inc give general operating support?
Not in 2024: none of the 11 grants with a stated purpose on Soar Foundation for the Needy Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Help Support the Needy" (3 grants).
Who are Soar Foundation for the Needy Inc's largest grantees?
Soar Foundation for the Needy Inc's largest 2024 grantees include God's Pantry Food Bank ($17,000), Catholic Action Center ($6,000) and Wounded Warrior Project ($5,000), according to its 2024 IRS Form 990-PF. Together they received 55% of its itemized 2024 grant dollars.
What does Soar Foundation for the Needy Inc fund?
No mission statement for the foundation is provided. Its 2024 grants went to organizations addressing needs including food assistance, support for veterans and first responders, services for children, and assistance to people in need. See mission & focus areas ↑
How do I apply for a grant from Soar Foundation for the Needy Inc?
The foundation’s 2023 final return states that it does not accept unsolicited requests for funds and contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Soar Foundation for the Needy Inc's EIN?
Soar Foundation for the Needy Inc's EIN (Employer Identification Number) is 82-1556178. IRS Form 990 filing data is available on this page for 2019–2024.
Does Soar Foundation for the Needy Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS January 15, 2020)
- IRS filings on file for fiscal years 2021–2024
Explore Open Grants
Browse active grant opportunities in Soar Foundation for the Needy Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Soar Foundation for the Needy Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/soar-foundation-for-the-needy-inc-morg_6b79d4328aae473a8f32918e93840fe5
BibTeX
@misc{grantable_821556178_2026,
author = {{Grantable}},
title = {{Soar Foundation for the Needy Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/soar-foundation-for-the-needy-inc-morg_6b79d4328aae473a8f32918e93840fe5},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Soar Foundation for the Needy Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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