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The Stephens Endowment is a private corporation based in MORGANTON, NC. The foundation received its IRS ruling in 1989. It holds total assets of $1.2M. Annual income is reported at $248K. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. Funding is distributed across 4 states, including North Carolina, Texas, Georgia. According to available records, The Stephens Endowment has made 31 grants totaling $290K, with a median grant of $5K. The foundation has distributed between $53K and $67K annually from 2020 to 2024. Grantmaking activity was highest in 2021 with $67K distributed across 3 grants. Individual grants have ranged from $1K to $37K, with an average award of $9K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in North Carolina, Georgia, Texas, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$6K
Largest Grant
$15K
Based on 9 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.
The Stephens Endowment is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in NC, GA, TX.
The Stephens Endowment has distributed a total of $290K across 31 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $1K to $37K.
The Stephens Endowment typically selects its grantees rather than accepting unsolicited proposals.
The Stephens Endowment is headquartered in MORGANTON, NC. While based in NC, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jean T Stephens | SECRETARY | $0 | $0 | N/A |
| G Kenneth Stephens | VICE PRESIDENT | $0 | $0 | N/A |
| Gerald K Stephens | PRESIDENT | $0 | $0 | N/A |
Total Giving
$64K
Total Assets
$1.2M
Fair Market Value
$1.2M
Net Worth
$1.2M
Grants Paid
$53K
Contributions
$5K
Net Investment Income
$132K
Distribution Amount
$56K
Total Grants
31
Total Giving
$290K
Average Grant
$9K
Median Grant
$5K
Unique Recipients
14
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Southeastern Baptist Theological SeminaryOPERATIONS | Wake Forest, NC | $20K | 2024 |
| Emmanuel UniversityOPERATIONS | Franklin Springs, GA | $15K | 2024 |
| Christ Classical AcademyOPERATIONS | Morganton, NC | $7K | 2024 |
| The Outreach CenterOPERATIONS | Morganton, NC | $4K | 2024 |
| Mission Dignity - GuidstoneOPERATIONS | Dallas, TX | $3K | 2024 |
| Summit Community ChurchOPERATIONS | Morganton, NC | $2K | 2024 |
| Engage Hope MinistriesOPERATIONS | Plano, TX | $1K | 2024 |
| Baptist Children'S Homes Of NcOPERATIONS | Thomasville, NC | $1K | 2024 |
| Emmanuel CollegeOPERATIONS | Franklin Springs, GA | $5K | 2023 |
| Summit International FundOPERATIONS | Morganton, NC | $2K | 2023 |
| Catawba River Baptist EndowmentOPERATIONS | Morganton, NC | $1K | 2023 |
| Missiondignity-GuidestoneOPERATIONS | Dallas, TX | $1K | 2022 |
| Catawba River Baptist AssociationOPERATIONS | Morganton, NC | $1K | 2022 |
| Love A Child IncOPERATIONS | Fort Myers, FL | $1K | 2022 |