Stowers Foundation
- Assets
- $87.5m
- Revenue
- $9.3m
- Investments
- $62.1m
- Employees
- 0
- Location
- Leawood, KS
- Founding
- 09/2011
- Data as of
- 05/2022
- EIN
- 32-6176805
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.
Form
990PF
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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James E Stowers III Trustee | 2 | $0 | |
Wendy B Marvin Trustee | 2 | $0 | |
Kathleen Stowers Potter Trustee | 2 | $0 | |
Linda Stowers Trustee | 2 | $0 |
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 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $139,444 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $730 |
| Printing and publications | $0 |
| Other expenses | $69,978 |
| Total operating and administrative expenses | $234,543 |
| Contributions, gifts, grants paid | $4,693,163 |
| Total expenses and disbursements | $4,927,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $194,319 |
| Savings and temporary cash investments | $4,819,003 |
| 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 | $20,406,902 |
| Total assets | $87,524,351 |
| 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, Stowers Foundation has awarded $4,693,163 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
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 |
Kansas City, MO PURPOSE: TO FUND CAPITAL CAMPAIGN FOR PURCHASE OF NEW BUILDING & FUNDING OF GENERAL OPERATIONS. | $433,103 |
Kansas City, MO PURPOSE: TO FUND OPERATION OF THE SCHOOL. | $400,000 |
CROSSROADS PREPARATORY ACADEMY - KC PURPOSE: TO FUND CAPITAL CAMPAIGN - EDUCATIONAL. | $300,000 |
ROSE BROOKS PURPOSE: TO FUND GENERAL OPERATIONS | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Air Force Academy Foundation USAF Academy, CO | $121,910,731 | $31,160,927 |
Maccarthy Foundation St Louis, MO | $108,435,057 | $6,194,626 |
Adolph Coors Foundation Denver, CO | $181,746,526 | $17,055,158 |
Margulf Foundation Glendale, CO | $241,666,410 | $12,944,358 |
Mary K Chapman Foundation Tulsa, OK | $0 | $10,262,149 |
David C Butterfield And Alfonso D Rubio Memorial Foundation Aspen, CO | $229,390,732 | $219,209,286 |
Edward D Jones & Company Foundation St Louis, MO | $57,937,606 | $44,940,612 |
E L And Thelma Gaylord Foundation Oklahoma City, OK | $0 | $13,309,432 |