The Stony Point Foundation
- Assets
- $0.0
- Revenue
- $986.4k
- Investments
- $3.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/1995
- Data as of
- 01/2021
- EIN
- 13-3766973
Organization Overview
The Stony Point Foundation is located in New York, NY. The organization was established in 1995. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stony Point 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 01/2021, Stony Point Foundation generated $986.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $1.1m during the year ending 01/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Stony Point Foundation has awarded 401 individual grants totaling $4,125,520. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECTCHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frances Vs Downing President | 30 | $75,000 | |
John O Downing Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $94,401 |
| Profit on Inventory Sales | $0 |
| Other Income | -$21,686 |
| Total Revenue | $986,369 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $246,077 |
| Contributions, gifts, grants paid | $885,758 |
| Total expenses and disbursements | $1,131,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,412 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $7,755,178 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $105,500 |
Grants Awarded
Over the last fiscal year, The Stony Point Foundation has awarded $885,758 in support to 79 organizations.
| Grant Recipient | Amount |
|---|---|
SHELBURNE MUSEUM INC PURPOSE: GENERAL SUPPORT | $200,000 |
Charleston, SC PURPOSE: GENERAL SUPPORT | $155,344 |
Charleston, SC PURPOSE: GENERAL SUPPORT | $41,000 |
Greensboro, VT PURPOSE: GENERAL SUPPORT | $30,000 |
Montpelier, VT PURPOSE: GENERAL SUPPORT | $25,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
Imago Dei Fund Boston, MA | $57,020,766 | $29,637,241 |
Boston Charitable Trust Fund Boston, MA | $1,173,216 | $4,494,143 |
Nfa Foundation Inc Norwich, CT | $77,129,817 | $5,415,738 |
American Friends Of B Nai Levy Foundation Brooklyn, NY | $493,786 | $13,431,000 |
Rf Catalytic Capital Inc New York, NY | $241,603,034 | $246,273,218 |
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn Pittsburgh, PA | $0 | $12,874,250 |
Freedom Fund Brooklyn, NY | $51,719,352 | $51,201,158 |
American Friends Of Leket Israel Inc Teaneck, NJ | $3,165,709 | $12,922,662 |
Provision Ministry Inc Westborough, MA | $833,220 | $12,247,682 |