Stephenson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $21.0M in total assets. In 2024, it awarded 11 grants totaling $942K. Net investment income was $796K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.0M
-0.7% YoY
Annual Giving
$942K
+34.6% YoY
Grant Count
11
+57.1% YoY
Avg Grant Size
$86K
-14.4% YoY
Under IRS private-foundation payout rules, Stephenson Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
About Stephenson Foundation
Based on IRS filings
Stephenson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $21.0M in total assets. In 2024, it awarded 11 grants totaling $942K. Net investment income was $796K.
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 | $21,034,986 | $21,184,103 | $21,315,533 |
| Revenue | $862,733 | $721,910 | $5,210,602 |
| Expenses | $1,011,850 | $853,340 | $949,781 |
| Qualifying Distributions | $944,954 | $702,686 | $822,279 |
| Net Investment Income | $795,837 | $666,755 | $3,610,791 |
| Distributable Amount | $1,166,071 | $1,050,711 | $850,967 |
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
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Intervarsity Christian Fellowship ($500,000), The Bowery Mission ($100,000), New City Kids ($85,000).
| Recipient | Purpose | Amount |
|---|---|---|
| INTERVARSITY CHRISTIAN FELLOWSHIP MADISON, WI | AS NEEDED | $500,000 |
| NEW CITY KIDS GRAND RAPIDS, MI | AS NEEDED | $85,000 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE CAMBRIDGE, MA | AS NEEDED | $50,000 |
| PROGRACE WHEATON, IL | AS NEEDED | $10,000 |
| RESURRECTION BROOKLYN BROOKLYN, NY | AS NEEDED | $25,000 |
| THE BOWERY MISSION NEW YORK, NY | AS NEEDED | $100,000 |
| THE VERITAS FORUM CAMBRIDGE, MA | AS NEEDED | $25,000 |
| TRINITY ANGLICAN CHURCH LAFAYETTE, LA | AS NEEDED | $27,000 |
| TRUSTEES OF DARTMOUTH COLLEGE HANOVER, NH | AS NEEDED | $20,000 |
| YALE CENTER FOR FAITH & CULTURE NEW HAVEN, CT | AS NEEDED | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SCOTT GERARD STEPHENSON | TRUSTEE | 1 | — |
| BETH FRANCES JOHNSTON STEPHENSON | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Stephenson Foundation?
Stephenson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $21.0M in total assets as of 2024.
How large is Stephenson Foundation?
As of 2024, Stephenson Foundation holds $21.0M in total assets with $863K in annual revenue. It awarded 11 grants totaling $942K in 2024.
Where does Stephenson Foundation operate?
Stephenson Foundation has awarded grants in Colorado, Connecticut, Illinois, Louisiana, Massachusetts, Michigan, New Hampshire, New York, Virginia, Wisconsin.
What size grants does Stephenson Foundation award?
In 2024, Stephenson Foundation awarded 11 grants totaling $942K — an average of about $86K per grant, based on its IRS Form 990 filings.
How much is Stephenson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Stephenson Foundation reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Stephenson Foundation's EIN?
Stephenson Foundation's EIN (Employer Identification Number) is 35-7124435. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Stephenson Foundation'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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