Stone Family Charitable Foundation
- Assets
- $2.0m
- Revenue
- $77.7k
- Investments
- $1.9m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/2012
- Data as of
- 12/2023
- EIN
- 45-0895839
Organization Overview
Stone Family Charitable Foundation is located in Wilmington, DE. The organization was established in 2012. 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. Stone Family Charitable 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 12/2023, Stone Family Charitable Foundation generated $77.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $146.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Stone Family Charitable Foundation has awarded 41 individual grants totaling $518,000. 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 |
|---|---|---|---|
Alex Stone Dir | 1 | $0 | |
Katherine Stone Dir | 1 | $0 | |
Margaret Stone Pres, Dir, Sec | 1 | $0 | |
Mark Stone Dir, VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $65 |
| Dividends & Interest | $76,381 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,267 |
| Capital Gain Net Income | $1,267 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $77,713 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,700 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,930 |
| Total operating and administrative expenses | $33,808 |
| Contributions, gifts, grants paid | $112,500 |
| Total expenses and disbursements | $146,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $153,803 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $420,369 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,025,575 |
| 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, Stone Family Charitable Foundation has awarded $112,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL ABILITY CENTER PURPOSE: ADAPTIVE RECREATION & TRAINING/EDUCATION PROGRAMS | $10,000 |
UNIVERSITY OF MICHIGAN PURPOSE: STONE FAMILY SCHOLARSHIP FUND | $20,000 |
THE CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION PURPOSE: CHOP BEREAVEMENT PROGRAM | $25,000 |
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL PURPOSE: BASIC NEEDS FUND | $10,000 |
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL PURPOSE: CAROLINA CUPBOARD PROGRAM FUND | $7,500 |
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL PURPOSE: THE STONE FAMILY BASIC NEEDS ENDOWMENT FUND | $20,000 |