Stevens Family Foundation Inc
- Assets
- $3.8m
- Revenue
- $121.7k
- Investments
- $2.9m
- Employees
- 0
- Location
- Boone, NC
- Founding
- 07/1993
- Data as of
- 12/2022
- EIN
- 56-1824646
Organization Overview
Stevens Family Foundation Inc is located in Boone, NC. The organization was established in 1993. 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. Stevens Family Foundation Inc 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, Stevens Family Foundation Inc generated $121.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $324.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Stevens Family Foundation Inc has awarded 214 individual grants totaling $1,309,416. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J William Stevens President | 1 | $0 | |
Richard D Stevens Sec/treas | 1 | $0 | |
Anne Hsu Board Member | 0 | $0 | |
James W Stevens Board Member | 0 | $0 | |
John F Stevens Board Member | 0 | $0 | |
Martha S Sutton Vice-Pres | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,599 |
| Dividends & Interest | $114,601 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,468 |
| Capital Gain Net Income | $3,468 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $121,668 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,636 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $69 |
| Other expenses | $15 |
| Total operating and administrative expenses | $40,355 |
| Contributions, gifts, grants paid | $284,166 |
| Total expenses and disbursements | $324,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,891 |
| Savings and temporary cash investments | $883,968 |
| 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 | $655,311 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,800,695 |
| 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, Stevens Family Foundation Inc has awarded $284,166 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
BROYHILL SENIOR CENTER PURPOSE: GENERAL SUPPORT | $2,500 |
BETHEL COLONY OF MERCY PURPOSE: GENERAL SUPPORT | $16,166 |
BUFFALO COVE OUTDOOR EDUCATION CENTER PURPOSE: GENERAL SUPPORT | $1,500 |
CALDWELL ARTS COUNCIL PURPOSE: GENERAL SUPPORT | $12,500 |
CALDWELL COMMUNITY COLLEGE FOUNDATION PURPOSE: GENERAL SUPPORT | $15,000 |
CALDWELL COUNCIL ON ADOLESCENT HEALTH PURPOSE: GENERAL SUPPORT | $2,000 |