Stephen C Luce Foundation

DALLAS, TX EIN: 23-7105691

The Stephen C. Luce Foundation is a private foundation based in Dallas, Texas. Established in 1971, it operates as a non-operating foundation with a focus on philanthropic giving in select geographic regions.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$10.0M

+3.2% YoY

Annual Giving

$529K

+23.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$44K

+23.8% YoY

Under IRS private-foundation payout rules, Stephen C Luce Foundation reported a distributable amount of $580K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports initiatives in three primary areas:

Education
Health
Religion

Grantmaking

The Stephen C. Luce Foundation makes grants exclusively to preselected charitable organizations and does not accept unsolicited requests for funding.

Grant Range

$13,000

Average Grant

award: $42,000

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Geographic Focus

Where this funder awards grants

The foundation concentrates its grantmaking in Massachusetts, with particular focus on:

Boston
Chelsea
Oak Bluffs
Vineyard Haven
Vineyard Hvn

Grant Distribution by State

Massachusetts $2.5M (100%)

States

Massachusetts

Cities

BostonChelseaOak BluffsVineyard HavenVineyard Hvn

Financial History

Multi-year comparison from IRS filings

Assets:

Total assets: $9.7 million to $10 million
Asset growth: Increased from $7.1 million in 2011 to $9.7 million in 2023
Growth rate: 2.6% from previous year

Annual Activity:

Annual income: $1.6 million
Total giving: $529,054 (most recent filing)
Annual expenses: $533,395
Annual revenue: $329,031
Expense ratio: 162.1% of total revenue spent on programs

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$9,995,725	$9,688,474	$9,893,488
Revenue	$939,925	$329,031	$-203,474
Expenses	$660,391	$533,395	$664,418
Qualifying Distributions	$569,727	$463,600	$582,019
Net Investment Income	$852,409	$256,582	$137,706
Distributable Amount	$580,472	$522,925	$516,052

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 2025

Grant Size Distribution

60 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Martha's Vineyard Hospital ($140,444), Masonic Education Charity Trust ($140,444), Vineyard Haven Pub Library Ttees ($140,444).

Recipient	Purpose	Amount
TRUSTEES OF CHRIST METHODIST CHURCH VINEYARD HAVEN, MA	UNRESTRICTED GENERAL	$10,252
ST AUGUSTINE'S PARISH TISBURY VINEYARD HAVEN, MA	UNRESTRICTED GENERAL	$12,640
BOSTON SEAMAN'S FRIEND SOC INC CHELSEA, MA	UNRESTRICTED GENERAL	$8,427
MARTHA'S VINEYARD HOSPITAL OAK BLUFFS, MA	UNRESTRICTED GENERAL	$140,444
MASONIC EDUCATION CHARITY TRUST BOSTON, MA	UNRESTRICTED GENERAL	$140,444
TTEES OF GRACE EPISCOPAL CHURCH VINEYARD HAVEN, MA	UNRESTRICTED GENERAL	$12,640
DEMOLAY FOUNDATION OF MASS BOSTON, MA	UNRESTRICTED GENERAL	$8,427
UNITARIAN UNIVERSALIST SOCIETY VINEYARD HVN, MA	UNRESTRICTED GENERAL	$12,640
CHRISTIAN SCIENCE SOCIETY VINEYARD HVN, MA	UNRESTRICTED GENERAL	$15,028
TRUSTEES OF FIRST BAPTIST CHURCH VINEYARD HVN, MA	UNRESTRICTED GENERAL	$15,028

Leadership & Key People

Leadership team and compensation from IRS filings

Trustee: Bank of America (Shawmut Trust Division 6-15)

Trustee compensation: $88,999

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$100,120

Contact Information

Mailing Address: PO BOX 653067 DALLAS TX 75265-3067

Phone: (888) 866-3275

Tax Information:

EIN: 23-7105691
IRS Ruling Year: 1971
Organization Type: 501(c)(3) private foundation
Tax-deductible contributions: Yes

Frequently Asked Questions

What does Stephen C Luce Foundation fund?

The foundation supports initiatives in three primary areas: • **Education** • **Health** • **Religion**

How do I apply for a grant from Stephen C Luce Foundation?

The Stephen C. Luce Foundation makes grants exclusively to preselected charitable organizations and does not accept unsolicited requests for funding. **Grant Activity:** • Total grants awarded (60 grants on record): $2.5 million • Median grant size: $13,000 • Individual grant range: $7,000 to $149,000 • Average grant award: $42,000 • Annual distribution: Between $427,000 and $1.1 million (2021-2024) • Highest grantmaking activity: 2023 with $1.1 million distributed across 24 grants • 2024: 12 g…

Where does Stephen C Luce Foundation make grants?

The foundation concentrates its grantmaking in **Massachusetts**, with particular focus on: • Boston • Chelsea • Oak Bluffs • Vineyard Haven • Vineyard Hvn

What size grants does Stephen C Luce Foundation award?

In 2025, Stephen C Luce Foundation awarded 12 grants totaling $529K — an average of about $44K per grant, based on its IRS Form 990 filings.

How much is Stephen C Luce Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Stephen C Luce Foundation reported a distributable amount of $580K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.