The Stephen and Lynda is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.7M in total assets. In 2024, it awarded 13 grants totaling $294K. Net investment income was $325K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.7M
+0.6% YoY
Annual Giving
$294K
+3.6% YoY
Grant Count
13
+44.4% YoY
Avg Grant Size
$23K
-28.2% YoY
Under IRS private-foundation payout rules, The Stephen and Lynda reported a distributable amount of $300K for 2024 — the minimum it must pay out in qualifying distributions.
About The Stephen and Lynda
Based on IRS filings
The Stephen and Lynda is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.7M in total assets. In 2024, it awarded 13 grants totaling $294K. Net investment income was $325K.
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 | $5,702,558 | $5,667,998 | $6,518,063 |
| Revenue | $405,350 | $-505,578 | $143,848 |
| Expenses | $374,337 | $350,013 | $332,702 |
| Qualifying Distributions | $294,000 | $283,668 | $219,166 |
| Net Investment Income | $325,013 | $57,043 | $81,537 |
| Distributable Amount | $300,229 | $286,830 | $299,750 |
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
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Sterling Innovators & Mentors ($59,000), Salt Lake Community College ($30,000), Utah First Robotics ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER'S ASSOCIATION DRAPER, UT | CHARITABLE CONTRIBUTION | $20,000 |
| AMERICAN PREPARATORY ACADEMY DRAPER, UT | CHARITABLE CONTRIBUTION | $20,000 |
| RONALD MCDONALD HOUSE SALT LAKE CITY, UT | CHARITABLE CONTRIBUTION | $10,000 |
| SALT LAKE COMMUNITY COLLEGE SALT LAKE CITY, UT | CHARITABLE CONTRIBUTION | $30,000 |
| STEM ACTION CENTER SOUTH SALT LAKE, UT | CHARITABLE CONTRIBUTION | $20,000 |
| STERLING INNOVATORS & MENTORS DRAPER, UT | CHARITABLE CONTRIBUTION | $59,000 |
| THE CHILDREN'S CENTER WEST VALLEY CITY, UT | CHARITABLE CONTRIBUTION | $10,000 |
| THE OTHER SIDE ACADEMY SALT LAKE CITY, UT | CHARITABLE CONTRIBUTION | $20,000 |
| UNIVERSITY OF UTAH COLLEGE OF ENGINEERING SALT LAKE CITY, UT | CHARITABLE CONTRIBUTION | $20,000 |
| UNIVERSITY OF UTAH COLLEGE OF SOCIAL AND BEHAVIORAL SCIENCE SALT LAKE CITY, UT | CHARITABLE CONTRIBUTION | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LYNDA M JACOBSEN | DIRECTOR | — | — |
| SHARYN ANN RASH | DIRECTOR | — | — |
| JOHN MCCULLOUGH | DIRECTOR | — | — |
| GREGORY AIKEN | DIRECTOR | — | — |
| GREGORY C ZAUGG | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Stephen and Lynda?
The Stephen and Lynda is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. It holds $5.7M in total assets as of 2024.
How large is The Stephen and Lynda?
As of 2024, The Stephen and Lynda holds $5.7M in total assets with $405K in annual revenue. It awarded 13 grants totaling $294K in 2024.
Where does The Stephen and Lynda operate?
The Stephen and Lynda has awarded grants in Utah.
What size grants does The Stephen and Lynda award?
In 2024, The Stephen and Lynda awarded 13 grants totaling $294K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is The Stephen and Lynda required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Stephen and Lynda reported a distributable amount of $300K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Stephen and Lynda's EIN?
The Stephen and Lynda's EIN (Employer Identification Number) is 82-3019325. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Stephen and Lynda'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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