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Also known as: C/O MCDERMOTT WILL & EMERY LLP
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Stephenson Foundation is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 2018. The principal officer is Beth F Johnston Stephenson. It holds total assets of $21M. Annual income is reported at $5.2M. Total assets have grown from $7.8M in 2019 to $21.2M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in New York, Virginia and New Hampshire. According to available records, Stephenson Foundation has made 17 grants totaling $2M, with a median grant of $75K. Annual giving has grown from $500K in 2020 to $700K in 2023. Grantmaking activity was highest in 2022 with $820K distributed across 7 grants. Individual grants have ranged from $15K to $500K, with an average award of $119K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in New York, Wisconsin, Michigan, which account for 53% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$50K
Median Grant
$100K
Average Grant
$167K
Largest Grant
$350K
Based on 3 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.
Stephenson Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in NY, WI, MI.
Stephenson Foundation has distributed a total of $2M across 17 grants. The median grant size is $75K, with an average of $119K. Individual grants have ranged from $15K to $500K.
Stephenson Foundation typically selects its grantees rather than accepting unsolicited proposals.
Stephenson Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Scott Gerard Stephenson | TRUSTEE | $0 | $0 | N/A |
| Beth Frances Johnston Stephenson | TRUSTEE | $0 | $0 | N/A |
Total Giving
$853K
Total Assets
$21.2M
Fair Market Value
$22.8M
Net Worth
$21.2M
Grants Paid
$700K
Contributions
N/A
Net Investment Income
$667K
Distribution Amount
$1.1M
Total: $18.6M
Total Grants
17
Total Giving
$2M
Average Grant
$119K
Median Grant
$75K
Unique Recipients
12
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of VirginiaAS NEEDED | Charlottesville, VA | $50K | 2020 |
| Central Presbyterian ChurchAS NEEDED | New York, NY | $300K | 2023 |
| Young Life NycAS NEEDED | New York, NY | $100K | 2023 |
| New City KidsAS NEEDED | Grand Rapids, MI | $100K | 2023 |
| Intervarsity Christian FellowshipAS NEEDED | Madison, WI | $75K | 2023 |
| The Bowery MissionAS NEEDED | New York, NY | $75K | 2023 |
| Trinity Anglican ChurchAS NEEDED | Lafayette, LA | $25K | 2023 |
| Yale Center For Faith & CultureAS NEEDED | New Haven, CT | $25K | 2023 |
| PrograceAS NEEDED | Crystal Lake, IL | $50K | 2022 |
| Anglican Deanery Of LouisianaAS NEEDED | Lafayette, LA | $15K | 2022 |
| Christian Herald AssociationAS NEEDED | New York, NY | $350K | 2020 |
| Trustees Of Darthmouth CollegeAS NEEDED | Hanover, NH | $100K | 2020 |