The William B Stokely Jr Foundation
The William B Stokely Jr Foundation is a private, independent family foundation based in Farragut, Tennessee. Incorporated in 1951 in Indiana, the foundation has been tax-exempt since April 1987. It operates as a 501(c)(3) organization and is classified as a private grantmaking foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
+5.9% YoY
Annual Giving
$372K
+17.1% YoY
Grant Count
17
+21.4% YoY
Avg Grant Size
$22K
-3.5% YoY
Under IRS private-foundation payout rules, The William B Stokely Jr Foundation reported a distributable amount of $245K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving priorities include:
- Education (including higher education)
- Health and medical research
- Youth services and children's programs
- The arts and historic preservation
- Environmental conservation
- Social services
- Baptist churches and Christian organizations
- Community development
Grantmaking
The foundation awarded grants to organizations including:
Grant Range
$4,000 to $205,000
Average Grant
amount varies by year
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation gives primarily in eastern Tennessee, with a particular concentration in the Knoxville area. Some grants have also been awarded to organizations in Georgia.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Data (2023-2024):
- Total Assets: $3.3 million to $3.5 million
- Total Annual Giving: $311,000 to $372,450
- Number of Grants Awarded: 14 grants (2023-2024)
Historical Giving Trends:
- 2024: $318,000 in total giving across 14 grants
- 2023: $311,000 in total giving across 14 grants
- 2022: $278,000 in total giving across 14 grants
- 2021: $278,000 in total giving across 18 grants
- 2020: $289,000 in total giving across 21 grants
Contact Information:
- Address: 11309 Station West Dr Ste 27, Farragut, TN 37934-1677
- Telephone: 865-966-4878
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,504,690 | $3,308,581 | $3,542,494 |
| Revenue | $695,467 | $217,074 | $286,001 |
| Expenses | $500,492 | $451,326 | $454,307 |
| Qualifying Distributions | $434,401 | $384,136 | $373,141 |
| Net Investment Income | $630,576 | $151,413 | $222,478 |
| Distributable Amount | $244,679 | $220,638 | $226,266 |
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
77 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Tennessee Foundation ($205,000), Berry College Inc ($35,000), Christian Academy of Knox ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BERRY COLLEGE INC MOUNT BERRY, GA | SCHOLARSHIP FUND | $35,000 |
| CHRISTIAN ACADEMY OF KNOX KNOXVILLE, TN | EDUCATION | $30,000 |
| COCKE COUNTY RELIEF FUND NEWPORT, TN | COMMUNITY | $10,000 |
| CONCORD CHRISTIAN SCHOOL KNOXVILLE, TN | EDUCATION | $1,000 |
| COVENANT HEALTH KNOXVILLE, TN | HEALTH SERVICES | $10,000 |
| DOGWOOD ARTS FESTIVAL KNOXVILLE, TN | ART EDUCATION | $250 |
| EAST TENNESSEE CHILDREN'S KNOXVILLE, TN | CHILDREN'S MEDICAL SVCS | $18,000 |
| FIRST BAPTIST CHURCH CONCORD KNOXVILLE, TN | RELIGIOUS | $30,000 |
| JONI AND FRIENDS KNOXVILLE, TN | DISABILITY MINISTRY | $10,000 |
| KEEP KNOXVILLE BEAUTIFUL KNOXVILLE, TN | COMMUNITY CONSERVATION | $200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM B STOKELY III | PRESIDENT, D | — | — |
| KAY H STOKELY | EXEC VP, DIR | — | — |
| WILLIAM B STOKELY IV | DIRECTOR | — | — |
| STACY S BYERLY | DIRECTOR | — | — |
| SHELLEY S PRZEWROCKI | DIRECTOR | — | — |
| CLAYTON F STOKELY | DIRECTOR | — | — |
| NIKKI STANSELL | SECRETARY | — | — |
Frequently Asked Questions
What does The William B Stokely Jr Foundation fund?
The foundation's giving priorities include: • Education (including higher education) • Health and medical research • Youth services and children's programs • The arts and historic preservation • Environmental conservation • Social services • Baptist churches and Christian organizations • Community development
How do I apply for a grant from The William B Stokely Jr Foundation?
**Grant Characteristics:** • Typical grant range: $4,000 to $205,000 • Median grant size: $5,000 • Average grant amount varies by year • Types of support include general support, project support, building funds, and equipment **Recent Grant Activity (2023):** The foundation awarded grants to organizations including: • Christian Academy of Knox ($30,000 for education) • First Baptist Church Concord ($25,000 for religious purposes) • East Tennessee Children's Hospital ($18,000 for children's medi…
Where does The William B Stokely Jr Foundation make grants?
The foundation gives primarily in eastern Tennessee, with a particular concentration in the Knoxville area. Some grants have also been awarded to organizations in Georgia.
What size grants does The William B Stokely Jr Foundation award?
In 2024, The William B Stokely Jr Foundation awarded 17 grants totaling $372K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is The William B Stokely Jr Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The William B Stokely Jr Foundation reported a distributable amount of $245K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The William B Stokely Jr Foundation's EIN?
The William B Stokely Jr Foundation's EIN (Employer Identification Number) is 35-6016402. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.