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Russell And Marguerite Stephenson Foundation is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2009. The principal officer is Gerald D Meyer. It holds total assets of $1.8M. Annual income is reported at $537K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Ohio, Massachusetts and Florida. According to available records, Russell And Marguerite Stephenson Foundation has made 37 grants totaling $352K, with a median grant of $9K. Annual giving has decreased from $100K in 2021 to $75K in 2023. Grantmaking activity was highest in 2022 with $177K distributed across 16 grants. Individual grants have ranged from $1K to $25K, with an average award of $10K. The foundation has supported 17 unique organizations. Grants have been distributed to organizations in Ohio and Florida and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$12K
Average Grant
$12K
Largest Grant
$24K
Based on 8 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Russell And Marguerite Stephenson Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in OH, FL, MA.
Russell And Marguerite Stephenson Foundation has distributed a total of $352K across 37 grants. The median grant size is $9K, with an average of $10K. Individual grants have ranged from $1K to $25K.
The application deadline is SEE ATTACHED. See attached.
Russell And Marguerite Stephenson Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephen S Keller | TRUSTEE | $15K | $0 | $15K |
Total Giving
$116K
Total Assets
$1.7M
Fair Market Value
$1.9M
Net Worth
$1.7M
Grants Paid
$75K
Contributions
N/A
Net Investment Income
$60K
Distribution Amount
$93K
Total: $1.3M
Total Grants
37
Total Giving
$352K
Average Grant
$10K
Median Grant
$9K
Unique Recipients
17
Most Common Grant
$13K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shriners Hospitals For ChildrenUNRESTRICTED GENERAL | Dayton, OH | $14K | 2023 |
| Supreme Council Benevolent FoundationVALLEY OF TOLEDO | Lexington, MA | $13K | 2023 |
| Tiffin UniversityUNRESTRICTED GENERAL | Tiffin, OH | $13K | 2023 |
| Clyde Public LibraryUNRESTRICTED GENERAL | Clyde, OH | $8K | 2023 |
| First Presbyterian Church Of ClydeUNRESTRICTED GENERAL | Clyde, OH | $8K | 2023 |
| Clyde Green Springs SchoolsUNRESTRICTED GENERAL | Clyde, OH | $5K | 2023 |
| Grand Lodge Charitable FoundationUNRESTRICTED GENERAL | Springfield, OH | $5K | 2023 |
| Women Helping Young Mothers IncUNRESTRICTED GENERAL | Fremont, OH | $2K | 2023 |
| Dyslexia Education Training CenterUNRESTRICTED GENERAL | Maumee, OH | $2K | 2023 |
| Sandco IndustriesUNRESTRICTED GENERAL | Clyde, OH | $2K | 2023 |
| Glyde Green Springs Safety VillageUNRESTRICTED GENERAL | Clyde, OH | $1K | 2023 |
| First Missionary Church Of ClydeLITTLE FLIERS FOOD PROGRAM | Clyde, OH | $1K | 2023 |
| Clyde Presbyterian ChurchUNRESTRICTED GENERAL | Clyde, OH | $13K | 2021 |
| Grand Lodge Of Ohio F & A M Char FdnUNRESTRICTED GENERAL | Springfield, OH | $13K | 2021 |
| City Of ClydeUNRESTRICTED GENERAL | Clyde, OH | $7K | 2021 |
| Clyde-Green Springs SchoolsUNRESTRICTED GENERAL | Clyde, OH | $4K | 2021 |
| First Missionary ChurchUNRESTRICTED GENERAL | Clyde, OH | $2K | 2021 |