The Stephenson Scholarship Trust
The Stephenson Scholarship Trust is a private foundation, based in Oklahoma City, OK. IRS filing data is available from 2020 through 2022. In 2022, it awarded 2 grants totaling $2.0M. Net investment income was $313K.
The Stephenson Scholarship Trust at a glance
In short: The Stephenson Scholarship Trust gave $2.0M across 2 grants in 2022 (avg $978K), mostly in Oklahoma. Source: 2022 IRS Form 990-PF.
- Annual giving (2022)
- $1,955,918
- +2358.5% vs 2021
- Grants made (2022)
- 2
- +100.0% vs 2021
- Average grant
- $977,959
- +1129.3% vs 2021
- Median grant
- $977,959
- Primary geography
- Oklahoma (100% of itemized 2022 grant dollars)
- Latest 990 filing
- Form 990-PF, 2022 View filing
Data from IRS Form 990-PF, 2022; updated September 2026.
Who The Stephenson Scholarship Trust funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2022
The largest 2022 recipient was University of Oklahoma Foundation ($1.3M). Together the top 2 received $2.0M.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $50–100K range: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2022 grant dollars across all 2 itemized grants.
States
Cities
How The Stephenson Scholarship Trust gives
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $80K (2021) to $2.0M (2022). In 2022 it made 2 grants totaling $2.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Oklahoma Foundation Norma, OK | General Support | $1,251,413 |
| Oklahoma Baptist University Shawnee, OK | Scholarships | $704,505 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2022 | — | $331,902 | $2,035,563 | $1,955,918 | 2 | $2,011,225 | $312,626 | $89,628 |
| 2021 | $1,703,661 | $159,773 | $106,641 | $79,556 | 1 | $95,217 | $148,349 | $108,921 |
| 2020 | $1,650,529 | $55,424 | $107,951 | $79,839 | 1 | — | $44,932 | $93,818 |
Under IRS private-foundation payout rules, The Stephenson Scholarship Trust reported a distributable amount of $90K for 2022 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Stephenson Scholarship Trust is led by Bancfirst, Trustee on every filing since 2020 — the only officer listed, and compensated.
Officers on the 2022 filing
Bancfirst
Trustee
On filings since 2020
1 hr/week
$19K (2020) → $30K (2022)
Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2022 IRS filing
The highest reported compensation on the 2022 filing was $30K, to Bancfirst (Trustee).
Frequently asked questions about The Stephenson Scholarship Trust
How much does The Stephenson Scholarship Trust give each year?
The Stephenson Scholarship Trust gave $2.0M across 2 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $80K across 1 grant.
Where does The Stephenson Scholarship Trust operate?
The Stephenson Scholarship Trust has awarded grants in Oklahoma.
How much is The Stephenson Scholarship Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, The Stephenson Scholarship Trust reported a distributable amount of $90K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Stephenson Scholarship Trust's EIN?
The Stephenson Scholarship Trust's EIN (Employer Identification Number) is 20-6533379. IRS Form 990 filing data is available on this page for 2020–2022.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2022
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Browse active grant opportunities in The Stephenson Scholarship Trust's focus areas in our free grants database
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