Philip Stephenson Foundation is located in Alexandria, VA. The organization was established in 2005. 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. Philip Stephenson 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, Philip Stephenson Foundation generated $309.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $846.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Philip Stephenson Foundation has awarded 133 individual grants totaling $6,260,398. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Stephenson Trustee | 2 | $0 | |
Charles Stephenson Trustee | 0.5 | $0 | |
John P Dedon Trustee | 0.5 | $0 | |
Colin Hart Trustee | 0.5 | $0 | |
Eugen Babau Executive Director | 30 | $109,200 | |
Kevin Buehler Trustee | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $784 |
| Dividends & Interest | $142,568 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $161,307 |
| Capital Gain Net Income | $161,307 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,015 |
| Total Revenue | $309,674 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $109,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $813 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,042 |
| Total operating and administrative expenses | $174,084 |
| Contributions, gifts, grants paid | $672,200 |
| Total expenses and disbursements | $846,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,550 |
| Savings and temporary cash investments | $50,859 |
| 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 | $145,810 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $471,886 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,844,858 |
| 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 |
Over the last fiscal year, Philip Stephenson Foundation has awarded $672,200 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
BIRDSCARIBBEAN PURPOSE: SUSGREN - CONNECTING YOUTHS AND NATURE | $10,000 |
BIODIVERSITY FUNDERS GROUP PURPOSE: GENERAL SUPPORT | $3,600 |
EPISCOPAL HIGH SCHOOL PURPOSE: EDUCATION | $10,000 |
INOVA ALEXANDRIA HOSPITAL FOUNDATION PURPOSE: SUPPORT INOVA ALEXANDRIA HOSPITAL | $5,000 |
NATIONAL GEOGRAPHIC SOCIETY PURPOSE: NATIONAL GEOGRAPHIC PRISTINE SEAS PROGRAM | $35,000 |
INTERNATIONAL RESCUE COMMITTEE PURPOSE: SUPPORT FOR UKRAINE RELIEF EFFORT | $10,000 |