Carol And Witt Stephens Charitable Foundation
- Assets
- $3.4m
- Revenue
- $74.3k
- Investments
- $1.4m
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 03/2001
- Data as of
- 12/2022
- EIN
- 31-1740109
Organization Overview
Carol And Witt Stephens Charitable Foundation is located in Little Rock, AR. The organization was established in 2001. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carol And Witt Stephens Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Carol And Witt Stephens Charitable Foundation generated $74.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (34.6%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Carol And Witt Stephens Charitable Foundation has awarded 55 individual grants totaling $2,902,335. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $223 |
| Dividends & Interest | $69,964 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,160 |
| Capital Gain Net Income | $4,160 |
| Net ST Capital Gain | $145 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $74,347 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $49,274 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,687 |
| Total operating and administrative expenses | $50,961 |
| Contributions, gifts, grants paid | $1,845,495 |
| Total expenses and disbursements | $1,896,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,972,303 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,993 |
| Total assets | $3,367,222 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Carol And Witt Stephens Charitable Foundation has awarded $1,845,495 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
ARKANSAS GAME & FISH FOUNDATION PURPOSE: GENERAL FUND | $151,000 |
JEFFERSON SCHOLARS FOUNDATION PURPOSE: GENERAL FUND | $1,320,000 |
DELTA WATERFOWL FOUNDATION PURPOSE: GENERAL FUND | $1,100 |
THE NATURE CONSERVANCY PURPOSE: GENERAL FUND | $10,000 |
NEW LIFE CHURCH PURPOSE: GENERAL FUND | $112,000 |
SCULPTURE AT THE RIVERMARKET PURPOSE: GENERAL FUND | $5,000 |