The Stephens Endowment

Morganton, NC
Tax-exempt since June 1989
EIN: 56-0633355

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$72.1k (2025)

Expenses

$90k (2025)

Total Assets

$1.21M (2025)

Total Liabilities

$0 (2025)

Years with missing data

Source: Form 990 tax filings from 2011 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Oct.
2025

Revenue

$72,100

Expenses

$89,952

Net Income

-$17,852

Net Assets

$1,213,636

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$12	0.0%
Dividends	$22,429	31.1%
Sales of Assets	$49,659	68.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$67,000	74.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,213,636
Total Liabilities	$0
Net Assets	$1,213,636

Compensation

Key Employees and Officers	Compensation	Other
Gerald K Stephens (President)	$0	$0
G Kenneth Stephens (Vice President)	$0	$0
Jean T Stephens (Secretary)	$0	$0

990-PF

Filed on Dec. 19, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Oct.
2024

Revenue

$147,354

Expenses

$64,030

Net Income

$83,324

Net Assets

$1,205,442

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,000	3.4%
Interest Revenue	$205	0.1%
Dividends	$31,063	21.1%
Sales of Assets	$109,886	74.6%
Other Income	$1,200	0.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$53,250	83.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,205,442
Total Liabilities	$0
Net Assets	$1,205,442

Compensation

Key Employees and Officers	Compensation	Other
Gerald K Stephens (President)	$0	$0
G Kenneth Stephens (Vice President)	$0	$0
Jean T Stephens (Secretary)	$0	$0

990-PF

Filed on Dec. 5, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Oct.
2023

Revenue

-$6,394

Expenses

$69,253

Net Income

-$75,647

Net Assets

$1,066,037

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$10,000
Interest Revenue	$5
Dividends	$26,028
Sales of Assets	-$42,535
Other Income	$108

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$56,000	80.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,066,037
Total Liabilities	$0
Net Assets	$1,066,037

Compensation

Key Employees and Officers	Compensation	Other
Gerald K Stephens (President)	$0	$0
G Kenneth Stephens (Vice President)	$0	$0
Jean T Stephens (Secretary)	$0	$0

990-PF

Filed on Dec. 22, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Oct.
2022

Revenue

$5,290

Expenses

$72,595

Net Income

-$67,305

Net Assets

$1,141,050

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$10,000	> 100%
Interest Revenue	$7	0.1%
Dividends	$25,193	> 100%
Sales of Assets	-$29,910
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$55,000	75.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,141,050
Total Liabilities	$0
Net Assets	$1,141,050

Compensation

Key Employees and Officers	Compensation	Other
Gerald K Stephens (President)	$0	$0
G Kenneth Stephens (Vice President)	$0	$0
Jean T Stephens (Secretary)	$0	$0

990-PF

Filed on Nov. 18, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Oct.
2021

Revenue

$148,595

Expenses

$81,063

Net Income

$67,532

Net Assets

$1,395,774

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$24,131	16.2%
Interest Revenue	$7	0.0%
Dividends	$22,129	14.9%
Sales of Assets	$102,328	68.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$67,000	82.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,395,774
Total Liabilities	$0
Net Assets	$1,395,774

Compensation

Key Employees and Officers	Compensation	Other
Gerald K Stephens (President)	$0	$0
G Kenneth Stephens (Vice President)	$0	$0
Jean T Stephens (Secretary)	$0	$0

990-PF

Filed on Sept. 8, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Oct.
2020

Revenue

$17,834

Expenses

$74,044

Net Income

-$56,210

Net Assets

$1,202,094

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$16,000	89.7%
Interest Revenue	$6	0.0%
Dividends	$25,938	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$59,000	79.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,202,095
Total Liabilities	$1
Net Assets	$1,202,094

Compensation

Key Employees and Officers	Compensation	Other
Gerald K Stephens (President)	$0	$0
G Kenneth Stephens (Vice President)	$0	$0
Jean T Stephens (Secretary)	$0	$0

990-PF

Filed on May 14, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Oct.
2019

Revenue

$101,283

Expenses

$78,789

Net Income

$22,494

Net Assets

$1,246,124

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,000	3.0%
Interest Revenue	$5	0.0%
Dividends	$28,266	27.9%
Sales of Assets	$69,625	68.7%
Other Income	$387	0.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$65,000	82.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,246,125
Total Liabilities	$1
Net Assets	$1,246,124

Compensation

Key Employees and Officers	Compensation	Other
Gerald K Stephens (President)	$0	$0
G Kenneth Stephens (Vice President)	$0	$0
Jean T Stephens (Secretary)	$0	$0

990-PF

Filed on Feb. 17, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Oct.
2018

Revenue

$65,263

Expenses

$111,329

Net Income

-$46,066

Net Assets

$1,222,358

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,000	3.1%
Interest Revenue	$5	0.0%
Dividends	$22,745	34.9%
Sales of Assets	$40,464	62.0%
Other Income	$49	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$97,000	87.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,222,358
Total Liabilities	$0
Net Assets	$1,222,358

Compensation

Key Employees and Officers	Compensation	Other
Gerald K Stephens (President)	$0	$0
G Kenneth Stephens (Vice President)	$0	$0
Jean T Stephens (Secretary)	$0	$0

990-PF

Filed on Dec. 5, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Oct.
2017

Revenue

$48,456

Expenses

$78,858

Net Income

-$30,402

Net Assets

$1,349,320

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$20,000	41.3%
Interest Revenue	$10	0.0%
Dividends	$21,355	44.1%
Sales of Assets	$7,091	14.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$65,000	82.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,349,320
Total Liabilities	$0
Net Assets	$1,349,320

Compensation

Key Employees and Officers	Compensation	Other
Gerald K Stephens (President)	$0	$0
G Kenneth Stephens (Vice President)	$0	$0
Jean T Stephens (Secretary)	$0	$0

990-PF

Filed on Feb. 13, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Oct.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Oct.
2015

Revenue

$48,303

Expenses

$59,327

Net Income

-$11,024

Net Assets

$1,370,987

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$19,000	39.3%
Interest Revenue	$13	0.0%
Dividends	$18,243	37.8%
Sales of Assets	$10,959	22.7%
Other Income	$88	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$45,000	75.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,370,987
Total Liabilities	$0
Net Assets	$1,370,987

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Oct.
2014

Revenue

$36,454

Expenses

$77,590

Net Income

-$41,136

Net Assets

$1,428,492

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$15,000	41.1%
Interest Revenue	$292	0.8%
Dividends	$15,179	41.6%
Sales of Assets	$5,859	16.1%
Other Income	$124	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$65,000	83.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,428,492
Total Liabilities	$0
Net Assets	$1,428,492

Compensation

Key Employees and Officers	Compensation	Other
Gerald K Stephens (President)	$0	$0
G Kenneth Stephens (Vice Preside)	$0	$0
Jean T Stephens (Secretary)	$0	$0

990-PF

Filed on Dec. 22, 2014

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

Fiscal Year Ending Oct.
2013

Revenue

$146,086

Expenses

$59,067

Net Income

$87,019

Net Assets

$1,177,203

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$16,500	11.3%
Interest Revenue	$27,542	18.9%
Dividends	$0
Sales of Assets	$102,044	69.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$45,000	76.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,177,204
Total Liabilities	$1
Net Assets	$1,177,203

990-PF

Filed on March 13, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Oct.
2012

Revenue

$59,698

Expenses

$64,184

Net Income

-$4,486

Net Assets

$1,090,185

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$19,000	31.8%
Interest Revenue	$0
Dividends	$32,444	54.3%
Sales of Assets	$8,254	13.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$50,000	77.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,090,185
Total Liabilities	$0
Net Assets	$1,090,185

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Oct.
2011

Revenue

$19,954

Expenses

$38,986

Net Income

-$19,032

Net Assets

$1,094,671

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$33,000	> 100%
Interest Revenue	$0
Dividends	$36,931	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$20,000	51.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,094,671
Total Liabilities	$0
Net Assets	$1,094,671

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The Stephens Endowment

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $72.1k (2025)

Expenses $90k (2025)

Total Assets $1.21M (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending Oct. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Oct. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Oct. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2013

Extracted Financial Data

Revenue

$72.1k (2025)

Expenses

$90k (2025)

Total Assets

$1.21M (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending Oct.
2025

Fiscal Year Ending Oct.
2024

Fiscal Year Ending Oct.
2023

Fiscal Year Ending Oct.
2022

Fiscal Year Ending Oct.
2021

Fiscal Year Ending Oct.
2020

Fiscal Year Ending Oct.
2019

Fiscal Year Ending Oct.
2018

Fiscal Year Ending Oct.
2017

Fiscal Year Ending Oct.
2016

Fiscal Year Ending Oct.
2015

Fiscal Year Ending Oct.
2014

Fiscal Year Ending Oct.
2013

Fiscal Year Ending Oct.
2012

Fiscal Year Ending Oct.
2011

Fiscal Year Ending Oct.
2010

Fiscal Year Ending Oct.
2009

Fiscal Year Ending Oct.
2008

Fiscal Year Ending Oct.
2007

Fiscal Year Ending Oct.
2006

Fiscal Year Ending Oct.
2005

Fiscal Year Ending Oct.
2004

Fiscal Year Ending Oct.
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Fiscal Year Ending Oct.
2002

Fiscal Year Ending Oct.
2001