Edward E Stone Foundation
- Assets
- $3.8m
- Revenue
- $141.4k
- Investments
- $3.7m
- Employees
- 0
- Location
- Darien, CT
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-8147488
Organization Overview
Edward E Stone Foundation is located in Darien, CT. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Edward E Stone Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Edward E Stone Foundation has awarded 31 individual grants totaling $1,797,762. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward E Stone Dod 6192021 Chairman/trustee | 17 | $17,750 | |
Wannisa Chaiyakode Stone Trustee | 3 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $136,562 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,880 |
| Capital Gain Net Income | $4,880 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $141,442 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,990 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,533 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $104,298 |
| Contributions, gifts, grants paid | $380,000 |
| Total expenses and disbursements | $484,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $57,523 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,414 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,753,514 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Edward E Stone Foundation has awarded $380,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CITY HARVEST PURPOSE: GENERAL SUPPORT | $50,000 |
FRIENDS WITHOUT A BORDER PURPOSE: GENERAL | $180,000 |
PONHEARY LY FOUNDATION PURPOSE: EDUCATIONAL ENRICHMENT | $75,000 |
POSITIVE DIRECTIONS PURPOSE: SUBSTANCE RECOVERY PROGRAM | $25,000 |
TRAILBLAZER FOUNDATION PURPOSE: SSUSTAINABLE RURAL INFRASTRUCTURE | $50,000 |