Well Told Grants

Foundations / North Carolina

The Stephens Endowment

Preselected recipients only Morganton, North Carolina · EIN 560633355

The Stephens Endowment is a private foundation in Morganton, North Carolina. In tax year 2024 it gave $67,000 in 12 grants; the typical grant was $3,500 and the largest $20,000. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was up from $53,250 the year before.

33% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2020$67,0003$1.4 million
2022$56,0007$1.1 million
2023$53,2508$1.2 million
2024$67,00012$1.2 million

How to apply

The Stephens Endowment 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.

IRS filings on ProPublica

What The Stephens Endowment funds

Where it gives

Its grants went to recipients in 3 states, the most to North Carolina.

StateGrantsAmount
North Carolina9$51,000
Georgia1$12,000
Texas2$4,000

Grants paid in 2024

All 12 grants
RecipientPurposeAmount
Southeastern Baptist Theological Seminary
Wake Forest, NC
Operations$20,000
Emmanuel University
Franklin Springs, GA
Operations$12,000
Summit Community Church
Morganton, NC
Operations$12,000
Christ Classical Academy
Morganton, NC
Operations$5,000
Burke United Christian Ministries
Morganton, NC
Operations$5,000
Baptist Children's Homes of NC
Thomasville, NC
Operations$4,000
Mission Dignity - Guidstone
Dallas, TX
Operations$3,000
The Outreach Center
Morganton, NC
Operations$2,000
Engage Hope Ministries
Plano, TX
Operations$1,000
Bible Broadcasting Network
Charlotte, NC
Operations$1,000
Catawba River Baptist Endowment
Morganton, NC
Operations$1,000
Pregnancy Care Center
Morganton, NC
Operations$1,000

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does The Stephens Endowment accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does The Stephens Endowment give?

$67,000 in tax year 2024, across 12 grants, with a typical grant of $3,500.

Who runs The Stephens Endowment?

Its 2024 filing lists Gerald K Stephens (President), G Kenneth Stephens (Vice President) and Jean T Stephens (Secretary).

What does The Stephens Endowment fund?

Based on its grants, mainly faith communities and education.

Similar foundations in North Carolina