Stifel Charitable Inc
- Assets
- $224.6m
- Revenue
- $79.0m
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 10/2019
- Data as of
- 12/2023
- EIN
- 84-2049692
Organization Overview
Stifel Charitable Inc is located in St Louis, MO. The organization was established in 2019. According to its NTEE Classification (T30) the organization is classified as: Public 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. Stifel Charitable 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 12/2023, Stifel Charitable Inc generated $79.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 74.9% each year . All expenses for the organization totaled $35.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND PROMOTE PHILANTHROPY AND CHARITABLE GIVING ACROSS THE UNITED STATES FOR THE BETTERMENT OF ALL ITS INHABITANTS THRU GRANTMAKING
Describe the Organization's Program Activity:
Part 3 - Line 4a
STIFEL CHARITABLE DISTRIBUTED OVER $32.2M IN GRANTS TO OVER 3,000 ORGANIZATIONS FULFILLNG OUR MISSION OF PROVIDING FINANCIAL SUPPORT TO A DIVERSE ARRAY OF CAUSES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Executive Director | OfficerTrustee | 40 | $0 |
Name Not Listed Board Of Director's Member | Trustee | 0.2 | $0 |
Name Not Listed Board Of Director's Member | Trustee | 0.2 | $0 |
Name Not Listed Board Of Director's Member | Trustee | 0.2 | $0 |
Name Not Listed Board Of Director's Member | Trustee | 0.2 | $0 |
Name Not Listed President | Officer | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stifel Nicolaus And Company Investment Management | 12/30/23 | $1,170,969 |
Stifel Trust Co Na Staffing & Facilities | 12/30/23 | $558,800 |
Renaissance Ops System & Service | 12/30/23 | $233,979 |
Advent Software Interface Software | 12/30/23 | $195,306 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $76,329,640 |
| Noncash contributions included in lines 1a–1f | $40,289,605 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,329,640 |
| Total Program Service Revenue | $0 |
| Investment income | $5,691,062 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,018,915 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $79,001,787 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,220,023 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $156,758 |
| Compensation of current officers, directors, key employees. | $156,758 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $317,771 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $33,671 |
| Payroll taxes | $36,991 |
| Fees for services: Management | $1,008,411 |
| Fees for services: Legal | $56,674 |
| Fees for services: Accounting | $390,771 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,170,970 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,433 |
| Information technology | $11,374 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,198 |
| Interest | $44,804 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,615 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $35,503,887 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $51,866 |
| Net Land, buildings, and equipment | $17,452 |
| Investments—publicly traded securities | $224,516,599 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $224,585,917 |
| Accounts payable and accrued expenses | $483,339 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $612,600 |
| Total liabilities | $1,095,939 |
| Net assets without donor restrictions | $223,489,978 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $224,585,917 |
Grants Awarded
Over the last fiscal year, Stifel Charitable Inc has awarded $43,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ALDERSGATE UNITED METHODIST CHURCH PURPOSE: General Support | $5,500 |
NORTHWEST PRESBYTERIAN CHURCH PCA OF DUBLIN INC PURPOSE: General Support | $7,500 |
TRINITY PRESBYTERIAN CHURCH COLUMBIA MO PURPOSE: General Support | $30,000 |