The Pat & Laura Stephens Foundation

Private foundation · Grantmaker Santa Rosa, CA EIN: 92-1280087

The Pat & Laura Stephens Foundation is a private foundation, based in Santa Rosa, CA. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $628K in total assets. In 2025, it awarded 6 grants totaling $16K. Net investment income was $24K.

Key facts about The Pat & Laura Stephens Foundation

In short: The Pat & Laura Stephens Foundation gave $16K across 6 grants in 2025 (avg $3K), mostly in California. Source: 2025 IRS Form 990-PF.

EIN
92-1280087
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$16,090
Grants made (2025)
6
Average grant
$2,682
Median grant
$800
Total assets
$628,312
Primary geography
California (93% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$628K

+1.2% YoY

Annual Giving

$16K

-42.0% YoY

Grant Count

6

-25.0% YoY

Avg Grant Size

$3K

-22.6% YoY

Under IRS private-foundation payout rules, The Pat & Laura Stephens Foundation reported a distributable amount of $30K for 2025 — the minimum it must pay out in qualifying distributions.

How The Pat & Laura Stephens Foundation gives

  • In 2025 it paid out 54% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

Santa RosaBoulderIrvingLaGrangeRohnert ParkSacramentoTucsonVirginia Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grant2023 8 grants2024 6 grants2025

From 2023 to 2025, annual grant giving ranged from $1K (2023) to $28K (2024). In 2025 it made 6 grants totaling $16K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Redwood Gospel Mission: $13KRedwood Gospel Mission$13KSanta Rosa Rotary Foundation: $1KSanta Rosa Rotary Foundation$1KYouth AG Leadership Foundation: $1KYouth AG Leadership Foundation$1KARCS Foundation: $600ARCS Foundation$600Operation Smile: $480Operation Smile$480SRJC Foundation: $300SRJC Foundation$300

The largest 2025 recipient was Redwood Gospel Mission ($13K). Together the top 6 received $16K.

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 15 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Redwood Gospel Mission Santa Rosa, CAFeed the Recipients$12,510
Santa Rosa Rotary Foundation Santa Rosa, CAGeneral Operating$1,200
Youth AG Leadership Foundation Rohnert Park, CAGeneral Operations$1,000
ARCS Foundation LaGrange, GAGeneral Operations$600
Operation Smile Virginia Beach, VAGeneral Operations$480
SRJC Foundation Santa Rosa, CAGeneral Operations$300

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2023 2024 2025
Metric202520242023
Total Assets$628,312$620,874$505,462
Revenue$23,924$146,968$506,753
Expenses$16,488$38,824$1,291
Qualifying Distributions$16,090$38,730$1,291
Net Investment Income$23,924$16,968$6,753
Distributable Amount$30,047$15,913$23,721

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 15, 2024)
  2. Updated Form 990-PF for fiscal year 2024 (received by the IRS October 20, 2025)
  3. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 15, 2026)
  4. IRS filings on file for fiscal years 2023–2025

Leadership & Key People

Officers and directors from IRS filings

The Pat & Laura Stephens Foundation is led by William Patrick Stephens, CEO & Director on every filing since 2023; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • William Patrick Stephens

    CEO & Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Laura Stephens

    Secretary & CFO

    On filings since 2023

    4 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2023–2025. "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 The Pat & Laura Stephens Foundation

How much does The Pat & Laura Stephens Foundation give each year?

The Pat & Laura Stephens Foundation gave $16K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $28K across 8 grants.

What is The Pat & Laura Stephens Foundation's typical grant size?

The Pat & Laura Stephens Foundation's median grant in 2025 was $800, and its average grant was $2,682, across 6 grants on its 2025 IRS Form 990-PF.

Where does The Pat & Laura Stephens Foundation give grants?

The Pat & Laura Stephens Foundation gives mostly in California: 93% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Santa Rosa, CA (3 grants).

Does The Pat & Laura Stephens Foundation give general operating support?

Yes: 83% of The Pat & Laura Stephens Foundation's 2025 grants with a stated purpose (5 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Pat & Laura Stephens Foundation's largest grantees?

The Pat & Laura Stephens Foundation's largest 2025 grantees include Redwood Gospel Mission ($12,510), Santa Rosa Rotary Foundation ($1,200) and Youth AG Leadership Foundation ($1,000), according to its 2025 IRS Form 990-PF. Together they received 91% of its itemized 2025 grant dollars.

How large is The Pat & Laura Stephens Foundation?

The Pat & Laura Stephens Foundation reported $628K in total assets on its 2025 IRS Form 990-PF. It paid out $16K in qualifying distributions that year, against a required minimum of $30K (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 is The Pat & Laura Stephens Foundation's EIN?

The Pat & Laura Stephens Foundation's EIN (Employer Identification Number) is 92-1280087. IRS Form 990 filing data is available on this page for 2023–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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