Stoer Foundation

BIRMINGHAM, AL EIN: 23-7202748

Stoer Foundation is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.0M in total assets. In 2024, it awarded 3 grants totaling $1.0M. Net investment income was $924K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$18.0M

-0.7% YoY

Annual Giving

$1.0M

+0.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$337K

+0.6% YoY

Under IRS private-foundation payout rules, Stoer Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.

About Stoer Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Louisiana $5.0M (100%)

States

Louisiana

Cities

Shreveport

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$18,033,109	$18,165,383	$18,363,086
Revenue	$1,011,185	$1,071,661	$1,030,174
Expenses	$1,157,734	$1,127,133	$1,293,385
Qualifying Distributions	$1,031,715	$1,025,401	$1,151,831
Net Investment Income	$924,071	$979,974	$894,302
Distributable Amount	$1,063,435	$1,031,731	$1,022,936

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St John Berchmans Cathedral ($336,562), Centenary College of Louisiana ($336,562), First Presbyterian Church ($336,526).

Recipient	Purpose	Amount
ST JOHN BERCHMANS CATHEDRAL SHREVEPORT, LA	GENERAL OPERATING	$336,562
CENTENARY COLLEGE OF LOUISIANA SHREVEPORT, LA	GENERAL OPERATING	$336,562
FIRST PRESBYTERIAN CHURCH SHREVEPORT, LA	GENERAL OPERATING	$336,526

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
REGIONS BANK	CO-TRUSTEE	1	$93,327

Frequently Asked Questions

How large is Stoer Foundation?

As of 2024, Stoer Foundation holds $18.0M in total assets with $1.0M in annual revenue. It awarded 3 grants totaling $1.0M in 2024.

Where does Stoer Foundation operate?

Stoer Foundation has awarded grants in Louisiana.

What size grants does Stoer Foundation award?

In 2024, Stoer Foundation awarded 3 grants totaling $1.0M — an average of about $337K per grant, based on its IRS Form 990 filings.

How much is Stoer Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Stoer Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.