The Stephens Endowment is a private foundation focused on Education, based in MORGANTON, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 12 grants totaling $67K. Net investment income was $58K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.2M
+0.7% YoY
Annual Giving
$67K
+25.8% YoY
Grant Count
12
+50.0% YoY
Avg Grant Size
$6K
-16.1% YoY
Under IRS private-foundation payout rules, The Stephens Endowment reported a distributable amount of $59K for 2025 — the minimum it must pay out in qualifying distributions.
About The Stephens Endowment
Based on IRS filings
The Stephens Endowment is a private foundation focused on Education, based in MORGANTON, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 12 grants totaling $67K. Net investment income was $58K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,213,636 | $1,205,442 | $1,066,037 |
| Revenue | $72,100 | $147,354 | $-6,394 |
| Expenses | $89,952 | $64,030 | $69,253 |
| Qualifying Distributions | $67,000 | $53,250 | $56,000 |
| Net Investment Income | $58,324 | $132,157 | $16,288 |
| Distributable Amount | $58,536 | $55,870 | $55,376 |
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 2025
Grant Size Distribution
39 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Southeastern Baptist Theological Seminary ($20,000), Emmanuel University ($12,000), Summit Community Church ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BAPTIST CHILDREN'S HOMES OF NC THOMASVILLE, NC | OPERATIONS | $4,000 |
| CHRIST CLASSICAL ACADEMY MORGANTON, NC | OPERATIONS | $5,000 |
| EMMANUEL UNIVERSITY FRANKLIN SPRINGS, GA | OPERATIONS | $12,000 |
| ENGAGE HOPE MINISTRIES PLANO, TX | OPERATIONS | $1,000 |
| MISSION DIGNITY - GUIDSTONE DALLAS, TX | OPERATIONS | $3,000 |
| SOUTHEASTERN BAPTIST THEOLOGICAL SEMINARY WAKE FOREST, NC | OPERATIONS | $20,000 |
| SUMMIT COMMUNITY CHURCH MORGANTON, NC | OPERATIONS | $12,000 |
| THE OUTREACH CENTER MORGANTON, NC | OPERATIONS | $2,000 |
| BIBLE BROADCASTING NETWORK CHARLOTTE, NC | OPERATIONS | $1,000 |
| BURKE UNITED CHRISTIAN MINISTRIES MORGANTON, NC | OPERATIONS | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GERALD K STEPHENS | PRESIDENT | — | — |
| G KENNETH STEPHENS | VICE PRESIDENT | — | — |
| JEAN T STEPHENS | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Stephens Endowment?
The Stephens Endowment is a private foundation focused on Education, based in MORGANTON, NC. It holds $1.2M in total assets as of 2025.
How large is The Stephens Endowment?
As of 2025, The Stephens Endowment holds $1.2M in total assets with $72K in annual revenue. It awarded 12 grants totaling $67K in 2025.
Where does The Stephens Endowment operate?
The Stephens Endowment has awarded grants in Florida, Georgia, North Carolina, Texas.
What size grants does The Stephens Endowment award?
In 2025, The Stephens Endowment awarded 12 grants totaling $67K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The Stephens Endowment required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Stephens Endowment reported a distributable amount of $59K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Stephens Endowment's EIN?
The Stephens Endowment's EIN (Employer Identification Number) is 56-0633355. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in The Stephens Endowment'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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