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Winifred Stevens Foundation
The Winifred Stevens Foundation was established in 1996 in California and later relocated its operations to Tempe, Arizona. Linda Spady, its president and...
Winifred Stevens Foundation
The Winifred Stevens Foundation was established in 1996 in California and later relocated its operations to Tempe, Arizona. Linda Spady, its president and founder, manages the foundation's day-to-day activities and financial books, supported by a family board composed of Jeff Spady as treasurer, Savannah Stevens as secretary, and Heidi Spady as a board member. The foundation's grant-making is inseparable from its faith commitment, directing virtually all resources to organizations within or aligned with the Seventh-day Adventist Church network. The foundation's investment portfolio, valued by Altss at roughly $139 million, serves as the financial engine for its grant-making rather than a diversified profit-seeking vehicle. Asset allocation details are not publicly disclosed, but the foundation maintains a diversified investment portfolio alongside its commercial real estate asset — the foundation's headquarters at 2307 S Rural Road in Tempe. Grant-making concentrates on education, philanthropy, voluntarism, and human services, with all beneficiaries vetted through a lens of Seventh-day Adventist doctrinal alignment. Governance rests entirely within the Spady and Stevens family circle, creating a tight overlap between fiduciary control and grant-making discretion. The foundation operates without a separate investment committee disclosed to the public, and Linda Spady retains direct oversight of both financial operations and programmatic giving. This consolidation of authority is common among faith-based private foundations where mission fidelity trumps institutional complexity. The foundation reported total assets exceeding $139 million in recent filings, with the Tempe headquarters representing its only known physical presence. What distinguishes the Winifred Stevens Foundation structurally is its nearly complete mission concentration. Unlike peer foundations that segment philanthropic portfolios across secular and religious causes, this foundation channels funding almost monolithically into Seventh-day Adventist institutions. That concentration means the foundation's influence within its denominational ecosystem likely exceeds what its $139 million asset base would suggest in broader philanthropic markets.
General information
Firm type
Endowment / Foundation
Year founded
1996
Location
Region
North America
Country
United States
City
Tempe
Corporate office
2307 S Rural Rd, Tempe, AZ 85282
Principals
Linda Spady
President
Jeff Spady
Treasurer and Board Member
Savannah Stevens
Secretary and Board Member
Heidi Spady
Board Member
Sector focus
Frequently asked questions
Who controls grant-making decisions at the Winifred Stevens Foundation?
Linda Spady, the foundation's president and founder, retains direct control over day-to-day operations including grant-making decisions. The board consists of family members — Jeff Spady as treasurer, Savannah Stevens as secretary, and Heidi Spady as a board member — but the concentration of executive authority in Linda Spady's role suggests centralized decision-making rather than committee-driven allocation.
What is the relationship between the Winifred Stevens Foundation and the Seventh-day Adventist Church?
The foundation is not a legal subsidiary of the Seventh-day Adventist Church, but its mission and grant-making are functionally inseparable from the denomination. All known philanthropic activities target SDA-aligned educational institutions, humanitarian programs, and church-affiliated organizations. The foundation operates as an independent private foundation whose donors and board share a Seventh-day Adventist faith commitment.
Does the Winifred Stevens Foundation accept grant applications from organizations outside the Seventh-day Adventist network?
Based on the foundation's consistent grant-making pattern — concentrated in Education, Human Services, and religious activities all tied to Seventh-day Adventist institutions — external organizations without SDA affiliation are unlikely to be considered. No open application process or request-for-proposal mechanism has been observed in public records.
How is the foundation's investment portfolio managed?
The foundation maintains a diversified investment portfolio alongside its commercial real estate asset in Tempe, Arizona. Linda Spady manages the books directly, according to public filings, without any disclosed external investment advisor or outsourced chief investment officer. The portfolio's specific asset allocation, manager lineup, and performance benchmarks are not publicly disclosed.
What is the Winifred Stevens Foundation's connection to the Spady and Stevens families?
The foundation's board is composed entirely of individuals from the Spady and Stevens families. Linda Spady serves as president; Jeff Spady is treasurer; Savannah Stevens is secretary; and Heidi Spady is a board member. The foundation was established in 1996 in California, and the name honors Winifred Stevens, though the precise familial relationship and wealth origin remain undisclosed in public records.
Does the Winifred Stevens Foundation have any philanthropic programs beyond grant-making?
Public records indicate the foundation operates primarily as a grant-making vehicle rather than a direct-program operator. Its reported focus areas — Education, Philanthropy, Voluntarism & Grantmaking, and Human Services — are executed through distributions to external organizations, not through foundation-operated programs. No program staff or direct-service initiatives are identified outside of grant administration.
How does the foundation's size compare to other faith-based private foundations?
At an Altss-estimated $139 million in total assets, the Winifred Stevens Foundation sits in the mid-tier of faith-based private foundations nationally. It is small compared to denominational endowments like the Adventist Health System's investment pool, but meaningfully sized within the narrower universe of family-directed foundations that concentrate exclusively on Seventh-day Adventist causes.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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