The Stover Foundation is a private foundation based in Annapolis, Maryland, established in 1997. It operates as a 501(c)(3) organization dedicated to supporting ministries of evangelism, education, and compassion that align with Christian values and the vision of its founder, W. Robert Stover.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25.5M
+10.5% YoY
Annual Giving
$1.4M
+39.9% YoY
Grant Count
35
-16.7% YoY
Avg Grant Size
$39K
+67.9% YoY
Mission & Focus Areas
The foundation describes itself as "a ministry of Evangelism, Education, and Compassion." It is dedicated to bearing witness to the singular, saving Lordship of Jesus Christ and gives only to Christian organizations.
The foundation's primary funding areas include:
- Evangelical Outreach: General evangelical outreach, with particular emphasis on reaching early teens
- Christian Education: Educational projects that encourage faithful Christian citizenship, entrepreneurship, and free enterprise
- Compassion Ministries: Charitable work that encourages recipients to rise above dependency
The foundation emphasizes support for institutions and initiatives that point to Jesus Christ as the source of truth and that promote Judeo-Christian principles embedded in America's founding documents.
Grantmaking
The foundation made 35 grants in 2024. Recent grants include:
Ready to take the next step with The Stover Foundation?
Geographic Focus
Where this funder awards grants
The foundation supports a wide range of cities and states across the United States, including major metropolitan areas such as New York, Seattle, and San Diego, as well as smaller communities. Its geographic reach extends to states including Arizona, California, Colorado, Florida, Georgia, Louisiana, Maryland, Minnesota, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Nevada, Washington, and West Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $25,461,427
- Total Revenue: $3,982,056
- Total Expenses: $1,567,757
- Net Income: $2,414,299
- Staff: 1 employee
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,461,427 | $23,047,128 | $23,282,593 |
| Revenue | $3,982,056 | $955,558 | $694,079 |
| Expenses | $1,567,757 | $1,191,023 | $1,015,949 |
| Qualifying Distributions | $1,376,500 | $983,895 | $755,000 |
| Net Investment Income | $3,802,164 | $606,714 | $521,485 |
| Distributable Amount | $1,474,148 | $1,390,485 | $1,397,779 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
217 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Dr. Parker Williamson: Chief Operating Officer and Treasurer (works 20 hours per week)
- Dr. Gerrit Dawson: Chairman
- Additional directors serve without compensation
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR PARKER WILLIAMSON | COO/TREASURER | 20 | $72,000 |
| DR GERRIT DAWSON | CHAIRMAN | 1 | — |
| CARA LUDWIG | SECRETARY | 1 | — |
| GARY NICKERSON | DIRECTOR | 1 | — |
| DANIEL JESSUP | DIRECTOR | 1 | — |
| PRINCETON SCOTT BARDWELL | DIRECTOR | 1 | — |
| BROOKE JOHNSTON | DIRECTOR | 1 | — |
| REV CARMEN FOWLER LABERGE | DIRECTOR | 1 | — |
Recent Activity
Recent developments and announcements
Waynesburg University received a $2 million gift from the Stover Foundation, demonstrating the foundation's significant commitment to Christian higher education.
Waynesburg University | Waynesburg University receives $2 million gift fromSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Rotary Club of Columbia Patuxent
COLUMBIA, MD
Assets
$376K
Grants
1
Total Given
$12K
American Federation for Children Growth
COLUMBIA, MD
Assets
$9.4M
Grants
11
Total Given
$2.4M
Mayfield Scholastic Ltd
BALTIMORE, MD
Assets
—
Grants
1
Total Given
$38K
Baltimore Curriculum Project Inc
BALTIMORE, MD
Assets
$17.3M
Grants
6
Total Given
$2.7M
Government Employees' Benefit
HANOVER, MD
Assets
$3K
Grants
43
Total Given
$108K
Charles F and Margaret Mh Obrecht
BALTIMORE, MD
Assets
$1.2M
Grants
79
Total Given
$131K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Stover Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities