Stowers Foundation

Organization Overview

Stowers Foundation is located in Leawood, KS. The organization was established in 2011. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stowers 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 05/2022, Stowers Foundation generated $9.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $4.9m during the year ending 05/2022. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Stowers Foundation has awarded 106 individual grants totaling $30,922,330. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO STOWERS INSTITUTE FOR MEDICAL RESEARCH FOR PUBLIC OUTREACH EDUCATION AND COMMUNICATION PROGRAMS AND TO PROVIDE SUPPORT TO OTHER QUALIFIED CHARITABLE ORGANIZATIONS.


FINANCIAL SUPPORT IS PROVIDED TO PROGRAMS WHICH ARE APPROVED IN ADVANCE BY THE TRUSTEES IN THEIR ABSOLUTE DISCRETION.


THERE WERE NO DIRECT EXPENSES INCURRED IN MAKING THESE DONATIONS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $4,247,448
Net Rental Income$0
Net Gain on Sale of Assets $2,417,383
Capital Gain Net Income $2,417,383
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $2,628,845
Total Revenue $9,293,676

Grants Awarded

Over the last fiscal year, Stowers Foundation has awarded $4,693,163 in support to 15 organizations.

Grant RecipientAmount

STOWERS INSTITUTE FOR MEDICAL RESEARCH

Org PageRecipient Profile

Kansas City, MO

PURPOSE: TO FUND COMMUNICATION AND OUTREACH ACTIVITIES AT THE SCHOOL.

$1,220,060

VPKJL FUND

PURPOSE: TO FUND GENERAL OPERATIONS

$1,000,000

OPERATION BREAKTHROUGH

Org PageRecipient Profile

Kansas City, MO

PURPOSE: TO FUND CAPITAL CAMPAIGN FOR PURCHASE OF NEW BUILDING & FUNDING OF GENERAL OPERATIONS.

$433,103

GORDON PARKS ELEMENTARY SCHOOL

Org PageRecipient Profile

Kansas City, MO

PURPOSE: TO FUND OPERATION OF THE SCHOOL.

$400,000

CROSSROADS PREPARATORY ACADEMY - KC

PURPOSE: TO FUND CAPITAL CAMPAIGN - EDUCATIONAL.

$300,000

KCPGA (GIRLS PREPARATORY ACADEMY)

PURPOSE: TO FUND CAPITAL CAMPAIGN FOR BUILDING - EDUCATION

$250,000
View Grant Profile

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