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Stults Foundation Inc. is a private corporation based in PAOLI, IN. The foundation received its IRS ruling in 1998. The principal officer is Marvin K Stults. It holds total assets of $2.7M. Annual income is reported at $2M. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Funding is distributed across 4 states, including Kentucky, Indiana, North Carolina. According to available records, Stults Foundation Inc. has made 35 grants totaling $667K, with a median grant of $10K. The foundation has distributed between $148K and $345K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $345K distributed across 24 grants. Individual grants have ranged from $500 to $163K, with an average award of $19K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in Louisiana, Indiana, Kentucky, which account for 69% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$23K
Average Grant
$24K
Largest Grant
$40K
Based on 6 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.
Stults Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in LA, IN, KY.
Stults Foundation Inc. has distributed a total of $667K across 35 grants. The median grant size is $10K, with an average of $19K. Individual grants have ranged from $500 to $163K.
Stults Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (352057978) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Stults Foundation Inc. is headquartered in PAOLI, IN. While based in IN, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marvin K Stults | PRES/TREASURER | $0 | $0 | N/A |
| Connie L Stults | VICE PRES/SECRETARY | $0 | $0 | N/A |
| Wesley Stults | VICE PRES | $0 | $0 | N/A |
Total Giving
$194K
Total Assets
$2.5M
Fair Market Value
$3.4M
Net Worth
$2.5M
Grants Paid
$174K
Contributions
N/A
Net Investment Income
$83K
Distribution Amount
$161K
Total: $928K
Total Grants
35
Total Giving
$667K
Average Grant
$19K
Median Grant
$10K
Unique Recipients
17
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Argent FoundationCHARITABLE OPERATIONS | Ruston, LA | $163K | 2023 |
| Livonia Fire Rescue IncCHARITABLE OPERATIONS | Hardinsburg, IN | $10K | 2023 |
| Orange County 4h Club AssnCHARITABLE OPERATIONS | Paoli, IN | $500 | 2023 |
| St Jude Childrens HospitalCHARITABLE OPERATIONS | Memphis, TN | $40K | 2022 |
| Shriners Hospital For Children Medical CenterCHARITABLE OPERATIONS | Lexington, KY | $30K | 2022 |
| Billy Graham Evangelistic AssociationCHARITABLE OPERATIONS | Charlotte, NC | $30K | 2022 |
| Rock Springs ChurchCHARITABLE OPERATIONS | Marengo, IN | $15K | 2022 |
| Wounded Warrior ProjectCHARITABLE OPERATIONS | Topeka, KS | $10K | 2022 |
| Faith Fellowship ChurchCHARITABLE OPERATIONS | Hidalgo, IL | $10K | 2022 |
| Kentucky Educational Television Foundation (Ket)CHARITABLE OPERATIONS | Lexington, KY | $10K | 2022 |
| Moores Ridge ChurchCHARITABLE OPERATIONS | French Lick, IN | $10K | 2022 |
| The Salvation ArmyCHARITABLE OPERATIONS | Indianapolis, IN | $10K | 2022 |
| Life Point ChurchCHARITABLE OPERATIONS | Bedford, IN | $6K | 2022 |
| Steve LawsHELP FOR HARDSHIPS | English, IN | $1K | 2022 |
| Orange County 4h Orange County Extension ServiceCHARITABLE OPERATIONS | Paoli, IN | $500 | 2022 |
| Orange County Habitat For HumanityCHARITABLE OPERATIONS | Paoli, IN | $20K | 2021 |
| Kentucky Educational Television FoundationCHARITABLE OPERATIONS | Lexington, KY | $10K | 2021 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN