The Gerald D and Helen M Stephens is a private foundation focused on Education, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $35.5M in total assets. In 2024, it awarded 6 grants totaling $1.4M. Net investment income was $1.6M.
Key facts about The Gerald D and Helen M Stephens
- EIN
- 37-1224611
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,447,825
- Grants made (2024)
- 6
- Average grant
- $241,304
- Median grant
- $150,000
- Total assets
- $35,465,055
- Primary geography
- Wisconsin (44% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Gerald D and Helen M Stephens funds
By grant dollars, the top recipient states for The Gerald D and Helen M Stephens's 6 itemized 2024 grants were Wisconsin (44%), Maryland (35%) and Ohio (17%). 17% of grants with a stated purpose were for general or operating support.
How The Gerald D and Helen M Stephens gives
- Giving grew 775% from 2021 to 2024. Method
- In 2024 it paid out 69% 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.
Next steps with The Gerald D and Helen M Stephens
- How to evaluate The Gerald D and Helen M Stephens as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$35.5M
+16.4% YoY
Annual Giving
$1.4M
+2313.0% YoY
Grant Count
6
+200.0% YoY
Avg Grant Size
$241K
+704.3% YoY
Under IRS private-foundation payout rules, The Gerald D and Helen M Stephens reported a distributable amount of $2.2M for 2024 — the minimum it must pay out in qualifying distributions.
About The Gerald D and Helen M Stephens
Based on IRS filings
The Gerald D and Helen M Stephens is a private foundation focused on Education, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $35.5M in total assets. In 2024, it awarded 6 grants totaling $1.4M. Net investment income was $1.6M.
Focus Areas
Ready to take the next step with The Gerald D and Helen M Stephens?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 6 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,465,055 | $30,471,347 | $24,086,721 |
| Revenue | $6,593,598 | $6,543,653 | $4,507,403 |
| Expenses | $1,599,890 | $159,027 | $415,912 |
| Qualifying Distributions | $1,515,186 | $117,256 | $394,570 |
| Net Investment Income | $1,629,361 | $1,225,242 | $1,694,930 |
| Distributable Amount | $2,191,159 | $1,741,782 | $1,242,208 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include University of Wisconsin Foundation ($600,000), Johns Hopkins University ($500,000), Cleveland Clinic Foundation ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF WISCONSIN FOUNDATION Milwaukee, WI | Football Indoor Practice Facility Fund | $600,000 |
| JOHNS HOPKINS UNIVERSITY Baltimore, MD | Brady Urology - SLICE Fund | $500,000 |
| CLEVELAND CLINIC FOUNDATION Cleveland, OH | Dr. Eric Roselli's aorta and high-risk surgery research | $250,000 |
| EASTERSEALS CENTRAL ILLINOIS Peoria, IL | EasterSeals Centennial Campaign Fund | $50,000 |
| UNIVERSITY OF WISCONSIN STEVENS POINT FOUNDATION I Stevens Point, WI | Stephens Family Black Bear Research Endowment Fund | $37,825 |
| SAVANNAH BOOK FESTIVAL INC Savannah, GA | General & Unrestricted | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jenni Krupiarz | Dir, Sec | 1 | — |
| Angela M Larson | Dir, VP, Treas | 1 | — |
| Jeffrey Stephens | Dir, Pres | 1 | — |
| Jo Lee Stephens | Dir | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Gerald D and Helen M Stephens?
The Gerald D and Helen M Stephens is a private foundation focused on Education, based in Wilmington, DE. It holds $35.5M in total assets as of 2024.
How large is The Gerald D and Helen M Stephens?
As of 2024, The Gerald D and Helen M Stephens holds $35.5M in total assets with $6.6M in annual revenue. It awarded 6 grants totaling $1.4M in 2024.
Where does The Gerald D and Helen M Stephens operate?
The Gerald D and Helen M Stephens has awarded grants in Georgia, Illinois, Maryland, Ohio, Wisconsin.
What size grants does The Gerald D and Helen M Stephens award?
In 2024, The Gerald D and Helen M Stephens awarded 6 grants totaling $1.4M — an average of about $241K per grant, based on its IRS Form 990 filings.
How much is The Gerald D and Helen M Stephens required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gerald D and Helen M Stephens reported a distributable amount of $2.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Gerald D and Helen M Stephens's EIN?
The Gerald D and Helen M Stephens's EIN (Employer Identification Number) is 37-1224611. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.