Stephens Family Foundation Inc

Private foundation · Grantmaker Shorewood, WI EIN: 20-4617210

Stephens Family Foundation Inc is a private foundation based in Shorewood, Wisconsin. Its 2025 grants supported organizations working in areas including early childhood education, youth development, arts and design, scholarships, religious missions, and community services.

Stephens Family Foundation Inc at a glance

In short: Stephens Family Foundation Inc gave $252K across 13 grants in 2025 (avg $19K), mostly in Wisconsin. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$251,750
-65.2% vs 2024
Grants made (2025)
13
-13.3% vs 2024
Average grant
$19,365
-59.9% vs 2024
Median grant
$10,000
Total assets
$10,391,271
+5.7% vs 2024
Primary geography
Wisconsin (73% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

How to apply to Stephens Family Foundation Inc

How to Apply

The filing lists Katherine Eurich as the contact and asks applicants to submit an open letter. It states there are no restrictions on awards.

Contact

Application contact: Katherine Eurich
Mailing address: 4230 N Oakland Avenue No 317, Shorewood, WI 53211
Phone: (414) 408-9197

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Stephens Family Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

Ninewise Publishing Foundation: $70KNinewise Publishing Foundation$70KBig Brothers Big Sisters: $50K across 2 grantsBig Brothers Big Sisters$50K · 2 grantsSmith College: $41K across 2 grantsSmith College$41K · 2 grantsMilwaukee Institute of Art & Design: $40KMilwaukee Institute of Art &Design$40KMessengers of Mercy: $11K across 2 grantsMessengers of Mercy$11K · 2 grantsAll-in-Milwaukee: $10KAll-in-Milwaukee$10KIncourage Community: $10KIncourage Community$10KFriends of Dartmouth Equestrian: $5KFriends of DartmouthEquestrian$5KMalaika Early Learning: $5KMalaika Early Learning$5K

The largest 2025 recipient was Ninewise Publishing Foundation ($70K). Together the top 9 received $242K.

Organizations only. It also paid 1 individual scholarship ($10,000), which are not listed by name.

Grant Size Distribution

77 grants across all recorded years

62<$50K10$50–100K4$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 62 grants of 77 (81%).

Geographic Focus

Where this funder awards grants

In 2025, 73% of grant dollars went to Wisconsin recipients, 20% to Massachusetts, 4% to Texas, and 2% to New Hampshire.

Grant Distribution by State

6states

Share of 2025 grant dollars across all 13 itemized grants.

Cities

MilwaukeeMequonNorthamptonFox PointLindaleNorthfieldWhitefish BayCarol StreamWest MilwaukeeWisconsin RapidsAmherstHanover

How Stephens Family Foundation Inc gives

  • Giving fell 47% from 2022 to 2025. Method
  • In 2025 it paid out 55% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K18 grants2019 17 grants2020 16 grants2021 17 grants2022 16 grants2023 15 grants2024 13 grants2025

From 2019 to 2025, annual grant giving ranged from $252K (2025) to $724K (2024). In 2025 it made 13 grants totaling $252K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Ninewise Publishing Foundation Whitefish Bay, WIEarly Childhood Education$70,000
Big Brothers Big Sisters Milwaukee, WIYouth Development$40,000
Milwaukee Institute of Art & Design Milwaukee, WICreative Fusion$40,000
Smith College Northampton, MASmith Fund Scholarship$21,250
Smith College Northampton, MASmith Fund Scholarship$20,000
Messengers of Mercy Lindale, TXReligious/General$10,000
All-in-Milwaukee Milwaukee, WIEducation Assistance$10,000
Incourage Community Wisconsin Rapids, WICommunity$10,000
1 individual scholarship Recipients not named —$10,000
Big Brothers Big Sisters Milwaukee, WIYouth Development$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$10,391,271$422,165$290,625$251,75013$271,809$188,179$494,677
2024$9,835,282$1,207,278$761,799$724,30015$724,325$924,754$470,465
2023$9,473,091$291,175$579,944$547,24616$547,271$260,702$449,842
2022$8,881,489$57,709$480,971$477,82417$477,874$57,709$471,452
2021$11,872,892$997,139$535,202$513,20516$513,605$992,592$570,094
2020$11,591,141$670,439$568,466$563,42417—$667,397$507,784
2019$9,771,370$543,643$399,513$375,20818—$543,643$450,635

Under IRS private-foundation payout rules, Stephens Family Foundation Inc reported a distributable amount of $495K for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No foundation mission statement is provided. Its 2025 grants show support for organizations with varied purposes. The Milwaukee Institute of Art & Design describes its mission as “to ignite curious minds through art, design and service.” Messengers of Mercy says it facilitates international evangelical missions. These are the grantees’ descriptions, not stated missions of the foundation.

Grantmaking

In filing year 2025, the foundation reported 13 grants totaling $251,750. Grants ranged from $500 to $70,000, with a median of $10,000. Notable grants included $70,000 to Ninewise Publishing Foundation for early childhood education; $40,000 each to Big Brothers Big Sisters in Milwaukee for youth development and Milwaukee Institute of Art & Design for Creative Fusion; and two Smith College grants of $21,250 and $20,000 for the Smith Fund Scholarship. Other listed grants included $10,000 to Messengers of Mercy, All-in-Milwaukee, Incourage Community, and UMass Amherst Foundation.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Andrew C. Stephens and Jane E. Kim as co-presidents, Katherine A. Eurich as treasurer/assistant secretary, and Sunhee Lee as secretary.

Stephens Family Foundation Inc is led by Andrew C. Stephens, Co-President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Andrew C. Stephens

    Co-President

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Jane E. Kim

    Co-President

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Katherine A. Eurich

    Treasurer & Assistant Secretary

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Sunhee Lee

    Secretary

    On filings since 2019

    0.3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Stephens Family Foundation Inc

How much does Stephens Family Foundation Inc give each year?

Stephens Family Foundation Inc gave $252K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $724K across 15 grants.

What is Stephens Family Foundation Inc's typical grant size?

Stephens Family Foundation Inc's median grant in 2025 was $10,000, and its average grant was $19,365, across 13 grants on its 2025 IRS Form 990-PF.

Where does Stephens Family Foundation Inc give grants?

Stephens Family Foundation Inc gives mostly in Wisconsin: 73% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (20%). The most frequent recipient cities were Milwaukee, WI (5 grants), Northampton, MA (2 grants) and Lindale, TX (2 grants).

Does Stephens Family Foundation Inc give general operating support?

Yes: 15% of Stephens Family Foundation Inc's 2025 grants with a stated purpose (2 of 13) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Stephens Family Foundation Inc's largest grantees?

Stephens Family Foundation Inc's largest 2025 grantees include Ninewise Publishing Foundation ($70,000), Big Brothers Big Sisters ($50,000 across 2 grants) and Smith College ($41,250 across 2 grants), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($10,000), which are not listed by name. Together they received 64% of its itemized 2025 grant dollars.

How large is Stephens Family Foundation Inc?

Stephens Family Foundation Inc reported $10.4M in total assets on its 2025 IRS Form 990-PF. It paid out $272K in qualifying distributions that year, against a required minimum of $495K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Stephens Family Foundation Inc fund?

No foundation mission statement is provided. Its 2025 grants show support for organizations with varied purposes. The Milwaukee Institute of Art & Design describes its mission as “to ignite curious minds through art, design and service.” See mission & focus areas ↑

How do I apply for a grant from Stephens Family Foundation Inc?

The filing lists Katherine Eurich as the contact and asks applicants to submit an open letter. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Stephens Family Foundation Inc's EIN?

Stephens Family Foundation Inc's EIN (Employer Identification Number) is 20-4617210. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 29, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS May 11, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 29, 2024)

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Cite this profile

Grantable. (2026). Stephens Family Foundation Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/stephens-family-foundation-inc-morg_d339c1a28fff4ee2a3c9aa11329f92f6

BibTeX
@misc{grantable_204617210_2026,
  author       = {{Grantable}},
  title        = {{Stephens Family Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/stephens-family-foundation-inc-morg_d339c1a28fff4ee2a3c9aa11329f92f6},
  note         = {Accessed 2026-10-16. 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 Stephens Family Foundation 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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