Stephen W Keeter Scholarship Trust is a private foundation focused on Education, based in MARION, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $634K in total assets. In 2024, it awarded 11 grants totaling $47K. Net investment income was $88K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$634K
+8.0% YoY
Annual Giving
$47K
+13.3% YoY
Grant Count
11
+57.1% YoY
Avg Grant Size
$4K
-27.9% YoY
Under IRS private-foundation payout rules, Stephen W Keeter Scholarship Trust reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.
About Stephen W Keeter Scholarship Trust
Based on IRS filings
Stephen W Keeter Scholarship Trust is a private foundation focused on Education, based in MARION, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $634K in total assets. In 2024, it awarded 11 grants totaling $47K. Net investment income was $88K.
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 | $633,561 | $586,809 | $613,492 |
| Revenue | $31,282 | $30,519 | $31,093 |
| Expenses | $49,173 | $42,434 | $65,204 |
| Qualifying Distributions | $49,173 | $42,434 | $65,204 |
| Net Investment Income | $87,752 | $29,412 | $30,389 |
| Distributable Amount | $51,343 | $41,568 | $64,201 |
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
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dominick Marban ($6,432), Magdalene Stephenson ($6,432), Jesse Kramer ($6,432).
| Recipient | Purpose | Amount |
|---|---|---|
| ZACHARY WHITSON MARION, NC | SCHOLARSHIP | $5,000 |
| OLIVIA BELL NEBO, NC | SCHOLARSHIP | $1,000 |
| MARY SMITH MARION, NC | SCHOLARSHIP | $1,000 |
| MORGAN BAKER MARION, NC | SCHOLARSHIP | $3,525 |
| DOMINICK MARBAN MARION, NC | SCHOLARSHIP | $6,432 |
| MAGDALENE STEPHENSON OLD FORT, NC | SCHOLARSHIP | $6,432 |
| ANA HANNUM MARION, NC | SCHOLARSHIP | $2,350 |
| CONNER VESS OLD FORT, NC | SCHOLARSHIP | $3,525 |
| JESSE KRAMER OLD FORT, NC | SCHOLARSHIP | $6,432 |
| ABIGAIL KRAMER MARION, NC | SCHOLARSHIP | $6,432 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KARA A REEL | TRUSTEE | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Stephen W Keeter Scholarship Trust?
Stephen W Keeter Scholarship Trust is a private foundation focused on Education, based in MARION, NC. It holds $634K in total assets as of 2024.
How large is Stephen W Keeter Scholarship Trust?
As of 2024, Stephen W Keeter Scholarship Trust holds $634K in total assets with $31K in annual revenue. It awarded 11 grants totaling $47K in 2024.
Where does Stephen W Keeter Scholarship Trust operate?
Stephen W Keeter Scholarship Trust has awarded grants in North Carolina.
What size grants does Stephen W Keeter Scholarship Trust award?
In 2024, Stephen W Keeter Scholarship Trust awarded 11 grants totaling $47K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Stephen W Keeter Scholarship Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Stephen W Keeter Scholarship Trust reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Stephen W Keeter Scholarship Trust's EIN?
Stephen W Keeter Scholarship Trust's EIN (Employer Identification Number) is 56-6589844. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Stephen W Keeter Scholarship Trust'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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