Stonewall Community Foundation
- Assets
- $7.9m
- Revenue
- $4.6m
- Investments
- $1.8m
- Employees
- 5
- Location
- New York, NY
- Founding
- 05/1994
- Data as of
- 12/2021
- EIN
- 13-3550688
Organization Overview
Stonewall Community Foundation is located in New York, NY. The organization was established in 1994. According to its NTEE Classification (R11) the organization is classified as: Single Organization Support, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Stonewall Community Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stonewall Community 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 12/2021, Stonewall Community Foundation generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.9% each year . All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 12.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Stonewall Community Foundation has awarded 199 individual grants totaling $3,405,672. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT NYC LESBIAN, GAY, LESBIAN, GAY, BISEXUAL, TRANSGENDER AND QUEER (LGBTQ) COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTMAKING: AS PART OF ITS FUND PARTNER PROGRAM, STONEWALL PROVIDES DONORS THE OPPORTUNITY TO EXECUTE CUSTOM GRANTMAKING AND SCHOLARSHIP PROGRAMS FOR THE LGBTQ COMMUNITY THROUGH A VARIETY OF FUND TYPES, INCLUDING DONOR-ADVISED FUNDS. STONEWALL ALSO GRANTS OPERATING AND PROJECT SUPPORT THROUGH ITS OPERATING AND OTHER DISCRETIONARY FUNDS. IN 2020, STONEWALL EXPANDED ITS MICROGRANTS PROGRAM, WHICH OFFERS STRATEGIC FINANCIAL ASSISTANCE FOR INDIVIDUALS THAT IS TYPICALLY PAID TO NON-PROFIT SERVICE PROVIDERS, TO INCLUDE COVID-19 EMERGENCY RELIEF GRANTS PAID VIA DIRECT CASH TRANSFER.
GIVING CIRCLES: A SPECIALIZED PROGRAM FOR DONORS WHO COLLECTIVELY CONTRIBUTE TO A FUND TO THEN DISTRIBUTE GRANTS TO QUALIFYING ORGANIZATIONS AND PROGRAMS. DONORS MAKE MONTHLY OR ANNUAL CONTRIBUTIONS AND THEN PARTICIPATE IN COLLECTIVE DECISION-MAKING ON OUTGOING GRANTS (QUARTER SHARE, KAVOD). ALTERNATIVELY, COLLECTIVE FUNDS ARE USED FOR DESIGNATED CAUSES SUCH AS SUPPORTING LGBTQ YOUTH (DAD FUND).
COMMUNITY LEARNING - DEVELOPING THE COMPETENCY AND SKILLS OF CORPORATE COMMUNITIES, NONPROFIT LEADERS, AND MEMBERS OF THE PUBLIC TO BETTER SUPPORT LGBTQ MOVEMENTS AND PHILANTHROPY, WITH A FOCUS ON TOPICAL CONVENINGS AND TAILORED ENGAGEMENT THAT INCLUDES FREE WORKSHOPS, COACHING, AND PROJECT CONSULTING.
GRANTMAKING: AS PART OF ITS FUND PARTNER PROGRAM, STONEWALL PROVIDES DONORS THE OPPORTUNITY TO EXECUTE CUSTOM GRANTMAKING AND SCHOLARSHIP PROGRAMS FOR THE LGBTQ COMMUNITY THROUGH A VARIETY OF FUND TYPES, INCLUDING DONOR-ADVISED FUNDS. STONEWALL ALSO GRANTS OPERATING AND PROJECT SUPPORT THROUGH ITS OPERATING AND OTHER DISCRETIONARY FUNDS. IN 2020, STONEWALL EXPANDED ITS MICROGRANTS PROGRAM, WHICH OFFERS STRATEGIC FINANCIAL ASSISTANCE FOR INDIVIDUALS THAT IS TYPICALLY PAID TO NON-PROFIT SERVICE PROVIDERS, TO INCLUDE COVID-19 EMERGENCY RELIEF GRANTS PAID VIA DIRECT CASH TRANSFER.
GIVING CIRCLES: A SPECIALIZED PROGRAM FOR DONORS WHO COLLECTIVELY CONTRIBUTE TO A FUND TO THEN DISTRIBUTE GRANTS TO QUALIFYING ORGANIZATIONS AND PROGRAMS. DONORS MAKE MONTHLY OR ANNUAL CONTRIBUTIONS AND THEN PARTICIPATE IN COLLECTIVE DECISION-MAKING ON OUTGOING GRANTS (QUARTER SHARE, KAVOD). ALTERNATIVELY, COLLECTIVE FUNDS ARE USED FOR DESIGNATED CAUSES SUCH AS SUPPORTING LGBTQ YOUTH (DAD FUND).
COMMUNITY LEARNING - DEVELOPING THE COMPETENCY AND SKILLS OF CORPORATE COMMUNITIES, NONPROFIT LEADERS, AND MEMBERS OF THE PUBLIC TO BETTER SUPPORT LGBTQ MOVEMENTS AND PHILANTHROPY, WITH A FOCUS ON TOPICAL CONVENINGS AND TAILORED ENGAGEMENT THAT INCLUDES FREE WORKSHOPS, COACHING, AND PROJECT CONSULTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jarrett Lucas Executive Director | Officer | 40 | $154,596 |
Lauren K Todd Operations And Finance Dir | Officer | 40 | $86,643 |
Neill Coleman Director | Trustee | 1 | $0 |
Isaac Jean-Francois Secretary | OfficerTrustee | 1 | $0 |
Nicholas Hodges Treasurer | OfficerTrustee | 2 | $0 |
Rachel Korberg President | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $182,560 |
| Related organizations | $0 |
| Government grants | $93,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,137,245 |
| Noncash contributions included in lines 1a–1f | $118,053 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,413,105 |
| Total Program Service Revenue | $31,613 |
| Investment income | $43,966 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $109,888 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,598,572 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,383,461 |
| Grants and other assistance to domestic individuals. | $27,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $287,379 |
| Compensation of current officers, directors, key employees. | $73,515 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $244,443 |
| Pension plan accruals and contributions | $14,954 |
| Other employee benefits | $31,137 |
| Payroll taxes | $37,989 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,250 |
| Fees for services: Accounting | $28,642 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,150 |
| Fees for services: Other | $28,022 |
| Advertising and promotion | $0 |
| Office expenses | $82,692 |
| Information technology | $15,226 |
| Royalties | $0 |
| Occupancy | $43,260 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,820 |
| All other expenses | $8,995 |
| Total functional expenses | $2,265,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,449,538 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $280,541 |
| Accounts receivable, net | $9,326 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,136 |
| Net Land, buildings, and equipment | $1,190 |
| Investments—publicly traded securities | $3,355,024 |
| Investments—other securities | $1,802,986 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,870 |
| Total assets | $7,902,285 |
| Accounts payable and accrued expenses | $47,788 |
| Grants payable | $30,100 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,802,986 |
| Total liabilities | $1,880,874 |
| Net assets without donor restrictions | $5,042,178 |
| Net assets with donor restrictions | $979,233 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,902,285 |
Grants Awarded
Over the last fiscal year, Stonewall Community Foundation has awarded $1,098,811 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
West Hollywood, CA PURPOSE: GENERAL SUPPORT | $228,168 |
New York, NY PURPOSE: GENERAL SUPPORT | $120,000 |
Oakland, CA PURPOSE: GENERAL SUPPORT | $94,170 |
New York, NY PURPOSE: GENERAL SUPPORT | $83,500 |
New York, NY PURPOSE: GENERAL SUPPORT | $50,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $40,000 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that Stonewall Community Foundation has recieved totaling $470,525.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Acadiana Lafayette, LA PURPOSE: Transfer to a DAF | $200,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $109,087 |
Ford Foundation New York, NY PURPOSE: MATCHING GIFT | $88,200 |
Winding Rose Foundation New York, NY PURPOSE: ORGANIZATIONAL SUPPORT | $50,000 |
Rockefeller Foundation New York, NY PURPOSE: TO SUPPORT AND UPLIFT THE MOST VULNERABLE LGBTQ COMMUNITY MEMBERS | $10,000 |
Smf Foundation Lrm Inc New York, NY PURPOSE: PUBLIC CHARITY | $5,000 |
Endowment Analysis
| Beg. Balance | $851,977 |
| Earnings | $108,233 |
| Net Contributions | $752 |
| Other Expense | $37,009 |
| Grants | $21,032 |
| Ending Balance | $902,921 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anti Defamation League Foundation New York, NY | $159,935,377 | $14,606,148 |
Onward Together New York, NY | $2,427,807 | $2,619,980 |
Stonewall Community Foundation New York, NY | $7,902,285 | $4,598,572 |
Committee To Save Cooper Union New York, NY | $1,642 | $0 |
United Black Men Of Queens Foundation Inc Jamaica, NY | $241,047 | $0 |
Farmworker Law Center Inc Rochester, NY | $343,370 | $0 |
One Of Us Inc Carlstadt, NJ | $2,370 | $4,512 |
Jl Trenton Foundation Inc Exton, PA | $2,135 | $0 |