Stephenson Foundation
Preselected recipients only
Stephenson Foundation is a private foundation in Chicago, Illinois. In tax year 2024 it gave $942,000 in 11 grants; the typical grant was $27,000 and the largest $500,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$942,000
- Number of grants11
- Typical grant$27,000
- Largest grant$500,000
- Assets$24.1 million
- New grantees55%
Giving in 2024 was up from $700,000 the year before.
55% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $700,000 | 7 | $22.8 million |
| 2024 | $942,000 | 11 | $24.1 million |
How to apply
Stephenson Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Stephenson Foundation funds
Where it gives
Its grants went to recipients in 9 states, the most to Wisconsin.
| State | Grants | Amount |
|---|---|---|
| Wisconsin | 1 | $500,000 |
| New York | 2 | $125,000 |
| Michigan | 1 | $85,000 |
| Massachusetts | 2 | $75,000 |
| Colorado | 1 | $75,000 |
| Louisiana | 1 | $27,000 |
| Connecticut | 1 | $25,000 |
| New Hampshire | 1 | $20,000 |
| Illinois | 1 | $10,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Intervarsity Christian Fellowship | As needed | $500,000 |
| The Bowery Mission | As needed | $100,000 |
| New City Kids | As needed | $85,000 |
| Young Life | As needed | $75,000 |
| President and Fellows of Harvard College | As needed | $50,000 |
| Trinity Anglican Church | As needed | $27,000 |
| Resurrection Brooklyn | As needed | $25,000 |
| The Veritas Forum | As needed | $25,000 |
| Yale Center for Faith & Culture | As needed | $25,000 |
| Trustees of Dartmouth College | As needed | $20,000 |
| Prograce | As needed | $10,000 |
Officers and trustees
- Scott Gerard Stephenson
- Beth Frances Johnston Stephenson
Questions people ask
Does Stephenson Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Stephenson Foundation give?
$942,000 in tax year 2024, across 11 grants, with a typical grant of $27,000.
Who runs Stephenson Foundation?
Its 2024 filing lists Scott Gerard Stephenson (Trustee) and Beth Frances Johnston Stephenson (Trustee).
What does Stephenson Foundation fund?
Based on its grants, mainly faith communities and education.