Walter Stephenson Scholarship Trust

Foundation · Grantmaker Goodland, KS EIN: 48-6256701

Walter Stephenson Scholarship Trust is a private foundation, based in Goodland, KS. IRS filing data is available from 2020 through 2023. In 2023, it awarded 4 grants totaling $43K. Net investment income was $2K.

Key facts about Walter Stephenson Scholarship Trust

EIN: 48-6256701
Latest 990 filing: Form 990-PF, 2023
Annual giving (2023): $42,928
Grants made (2023): 4
Average grant: $10,732
Median grant: $500
Primary geography: Kansas (98% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Who Walter Stephenson Scholarship Trust funds

By grant dollars, the top recipient states for Walter Stephenson Scholarship Trust's 4 itemized 2023 grants were Kansas (98%). None of its 4 grants with a stated purpose were described as general or operating support. Recurring purposes include "Education" (4 grants).

How Walter Stephenson Scholarship Trust gives

Giving grew 1433% from 2020 to 2023. Method
In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Walter Stephenson Scholarship Trust

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Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$43K

+1461.0% YoY

Grant Count

-20.0% YoY

Avg Grant Size

$11K

+1851.3% YoY

Under IRS private-foundation payout rules, Walter Stephenson Scholarship Trust reported a distributable amount of $2K for 2023 — the minimum it must pay out in qualifying distributions.

About Walter Stephenson Scholarship Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kansas $42K (98%)

Nebraska $500 (1%)

Colorado $500 (1%)

Share of all 4 itemized 2023 grant dollars.

States

Colorado Kansas Nebraska Oregon Texas

Cities

ManhattanHaysOmahaWestminsterAlbanyChadronColbyLawrenceLubbockSaint FrancisWichita

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	—	$49,927	$51,714
Revenue	$-2,786	$2,421	$2,350
Expenses	$46,641	$4,208	$4,330
Qualifying Distributions	$42,928	$2,750	$2,800
Net Investment Income	$1,632	$2,421	$2,350
Distributable Amount	$1,670	$2,416	$2,731

Data update history

When this profile's IRS filing data changed on Grantable

February 28, 2026 IRS filings on file for fiscal years 2020–2023

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2023

Grant Size Distribution

16 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest recipients include St Francis School District 297 ($41,428), Creighton University ($500), Front Range Community College ($500).

Recipient	Purpose	Amount
St Francis School District 297 Saint Francis, KS	Education	$41,428
Creighton University Omaha, NE	Education	$500
Front Range Community College Westminster, CO	Education	$500
University of Kansas Lawrence, KS	Education	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

Name	Title	Hours	Compensation
FNB Bank	Trustee	1	$1,087

Frequently Asked Questions

Where does Walter Stephenson Scholarship Trust operate?

Walter Stephenson Scholarship Trust has awarded grants in Colorado, Kansas, Nebraska, Oregon, Texas.

What size grants does Walter Stephenson Scholarship Trust award?

In 2023, Walter Stephenson Scholarship Trust awarded 4 grants totaling $43K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Walter Stephenson Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Walter Stephenson Scholarship Trust reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Walter Stephenson Scholarship Trust's EIN?

Walter Stephenson Scholarship Trust's EIN (Employer Identification Number) is 48-6256701. IRS Form 990 filing data is available on this page for 2020–2023.