Stephens Foundation
Stephens Foundation is a private foundation established in 1991 and based in Birmingham, Alabama. The foundation operates as a family foundation with limited staffing, relying on a volunteer board of directors to oversee its grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
-10.2% YoY
Annual Giving
$609K
+8.4% YoY
Grant Count
62
+12.7% YoY
Avg Grant Size
$10K
-3.8% YoY
Mission & Focus Areas
The foundation's giving priorities include:
- Arts and culture
- Education
- Health associations
- Support for United Methodist churches
- Human services
- Philanthropy and voluntarism
Grantmaking
The foundation operates on a preselected-only basis and does not accept unsolicited applications for funds. The foundation only makes contributions to organizations that have been preselected by the board.
Grant Range
$5,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Alabama, Florida, and Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $3.3–$4 million (as of most recent filings)
Annual Revenue (2023): $151,015
- Investment income and dividends: $64,731
- Net gain from sale of non-inventory assets: $85,080
Annual Expenses (2023): $567,903
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,259,522 | $3,631,102 | $4,047,990 |
| Revenue | $245,372 | $151,015 | $66,261 |
| Expenses | $616,952 | $567,903 | $593,294 |
| Qualifying Distributions | $609,350 | $562,000 | $587,700 |
| Net Investment Income | $241,618 | $147,282 | $62,537 |
| Distributable Amount | $202,516 | $214,624 | $253,715 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's board consists of:
- James T Stephens, President
- Elton B Stephens Jr., Treasurer
- Dell S Brooke, Secretary
- Jane S Comer, Vice President
All board members serve without compensation and on a volunteer basis.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES T STEPHENS | PRESIDENT | — | — |
| ELTON B STEPHENS JR | TREASURER | — | — |
| DELL S BROOKE | SECRETARY | — | — |
| JANE S COMER | VICE PRESIDENT | — | — |
Contact Information
Address: PO Box 1943, Birmingham, AL 35201-1943
Telephone: 205-991-6600
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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