Maryland · Nonprofit
THE STEPHEN C ROSE LEGACY FOUNDATION
THE STEPHEN C ROSE LEGACY FOUNDATION (Maryland) receives grants from 51 organizations whose IRS filings report $21,477,486 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($5,046,250). 26 of them have funded it in more than one year.
- Revenue FY2024
- $5.6M
- Funders on record
- 51
- Grants received
- $21M
- Net assets
- $11M
What The Stephen C Rose Legacy Foundation does
Mission
The foundation is a leading national organization focused on supporting the mental health and emotional well-being of young people. The steve fund's mission is to promote the mental health and emotional wellbeing of underserved young people as they transition from adolescence into higher education, throughout their higher education experience, and as they transition into the workforce so they can attain personal, academic, and career success and achieve their full potential. The steve fund works with colleges and universities, nonprofits, researchers, mental health experts, families, and young people to promote programs and strategies that build understanding and assistance for the mental and emotional health of the nation's underserved young people.
As stated on its FY2024 Form 990.
Programs
Transforming environments:the steve fund transforms educational, organizational, and workplace environments so that they enhance the mental health and emotional wellbeing of all young people.through this work, over 500k+ young people and mental health and educational professionals were reached through programs and workshops. Fifty campuses have been engaged in our excellence in mental health on campus initiative. The steve fund supports nonprofit leadership and staff with workshops and seminars facilitated by mental health experts, and it forms strategic partnerships to reach new audiences and institutions. Dozens of organizations are engaged annually. Fifteen workplaces have piloted our services to advance mental health among young employees through developmentally appropriate mental health workshops through developmentally appropriate mental health workshops, convenings, and online programming. For high schools we conduct workshops, seminars, peer support groups, wellness circles and provide asynchronous resources.
$2,001,454 spent57% of program spendingProviding resources and skillbuilding directly to young people and their families:the steve fund provides resources and skill building directly to underserved young people and their families to improve their mental health and emotional wellbeing so they can attain personal, academic, and career success and achieve their full potential.because adolescent help-seeking often requires adult "gatekeepers" to facilitate entry into care, the ways in which parents and caretakers perceive mental illness impacts the help-seeking of young people struggling with their mental health. Accordingly, the steve fund invests in creation and digital dissemination of engaging, impactful, and competent mental health resources for young people and their families / caregivers.supported by our digital transformation, we use a sustainable, quality-controlled process and cadence of production ensuring that timely and highly relevant materials and other resources addressing the most salient mental health risks facing our population are available on a real-time basis to young people and families.in addition, the steve fund offers direct programming to young people and families through its work with education…
$807,604 spent$359,550 earned by the program23% of program spendingShaping the field:we shape the field to drive improvements and broad delivery of high-quality supports for the mental health and emotional wellbeing of young people, especially underserved young people.those in a position to help young people (e.g., higher ed, nonprofit, and workplace leaders and staff, mental health providers, families, caregivers, policymakers and advocates, the media) are increasingly in need of greater understanding of the challenges and clarity on solutionsthe steve fund leverages a refined set of approaches to lead these key stakeholders to take action: by hosting annual conferences/convenings; conducting national survey on the state of mental health for young people; creating high-quality data and insights to generate credible, consistent thought leadership; raising awareness by "grabbing the mic; and amplifying youth voice. These activities increase understanding of the relevant issues and clarity on the solutions, equipping stakeholders to take action, invest in addressing the challenges, and know what to invest in to support young people. Our reach and impact in 2024: 2.1million young people reached through our work with families, educational…
$702,264 spent20% of program spendingEducational workshops: the steve fund held workshops designed to equip young people and family members with the knowledge and skills to maintain positive mental health. Workshops were co-led by mental health professionals and students to explore mental health topics and encourage utilization of resources and support by participants. In addition, the steve fund delivered mental health support groups led by psychiatrists, psychologists, and other mental health experts.
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,511,322.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $6.2M to $12M (+90%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
85% of THE STEPHEN C ROSE LEGACY FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (81% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
David Mcghee
Executive director thru 8/9/24
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2017 and FY2018, and between the FY2021 and FY2022, and between the FY2022 and FY2023 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 22 funders, grant income rose $285k → $3.9M.
11 of 51 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 38% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE STEPHEN C ROSE LEGACY FOUNDATION’s funders (the co-funder graph). Top 30 of 51 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE STEPHEN C ROSE LEGACY FOUNDATION has a broad base — no single funder exceeds 23% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
47% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE STEPHEN C ROSE LEGACY FOUNDATION.
Largest funder’s share by year: 2017 53% · 2018 48% · 2019 29% · 2020 47% · 2021 28% · 2022 60% · 2023 20% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
24% of THE STEPHEN C ROSE LEGACY FOUNDATION's funders are still giving 3 years after their first grant; 51% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
THE STEPHEN C ROSE LEGACY FOUNDATION draws 98% of its grant income from funders outside Maryland, across 19 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $8.3M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE STEPHEN C ROSE LEGACY FOUNDATION runs a healthier operating margin than three-quarters of the 11,274 human services nonprofits its size.
this organization peer median middle 50% of peers· 11,274 human services nonprofits $1M–$10M, FY2024
Organizations like THE STEPHEN C ROSE LEGACY FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
58%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 35 states
Screen this organization
A dated, signed PDF of the compliance screen for THE STEPHEN C ROSE LEGACY FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE STEPHEN C ROSE LEGACY FOUNDATION?
- THE STEPHEN C ROSE LEGACY FOUNDATION (Maryland) receives grants from 51 organizations whose IRS filings report $21,477,486 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($5,046,250). 26 of them have funded it in more than one year.
- How many funders does THE STEPHEN C ROSE LEGACY FOUNDATION have?
- IRS filings report 51 organizations giving $21,477,486 in grants to THE STEPHEN C ROSE LEGACY FOUNDATION, 26 of which have funded it in more than one year.
- Who is the largest funder of THE STEPHEN C ROSE LEGACY FOUNDATION?
- NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $5,046,250 in grants. The full list of funders is on this page.
- How can an organization like THE STEPHEN C ROSE LEGACY FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Stephen C Rose Legacy →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 51 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing