Stoneypeak Foundation Inc
- Assets
- $4.2m
- Revenue
- $1.9m
- Investments
- $4.1m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 08/1999
- Data as of
- 06/2022
- EIN
- 62-1786761
Organization Overview
Stoneypeak Foundation Inc is located in Atlanta, GA. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Stoneypeak Foundation Inc 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 06/2022, Stoneypeak Foundation Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $1.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Stoneypeak Foundation Inc has awarded 14 individual grants totaling $2,402,811. 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 |
|---|---|---|---|
Christopher Stonecipher President/coo/treasurer | 4 | $20,000 | |
Hal Daughdrill Board Advisory Member | 1 | $5,000 | |
Virginia Moore Board Advisory Member | 1 | $5,000 | |
Stephen Stonecipher Secretary | 1 | $5,000 | |
David Stonecipher Chairman/ceo | 1 | $0 | |
Nancy Stonecipher Vice Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,236,130 |
| Interest on Savings | $60 |
| Dividends & Interest | $194,576 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $427,125 |
| Capital Gain Net Income | $427,125 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,857,891 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,050 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $52,503 |
| Contributions, gifts, grants paid | $1,572,311 |
| Total expenses and disbursements | $1,624,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $169,539 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,235,009 |
| 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 | $21,043 |
| Total liabilities | $21,043 |
Grants Awarded
Over the last fiscal year, Stoneypeak Foundation Inc has awarded $1,572,311 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
MCCALLIE SCHOOL PURPOSE: TO SUPPORT EDUCATION AND A SCHOOL THAT CELEBRATES BOYS AND BUILDS THEM INTO MEN OF HONOR, TRUTH, AND DUTY. | $1,250,911 |
WINSHIP CANCER INSTITUTE OF EMORY UNIVERSITY PURPOSE: TO FUND RESEARCH IN ORDER TO HELP PREVENT, TREAT, AND CURE CANCER. | $256,400 |
ST JUDE'S CHILDREN'S HOSPITAL PURPOSE: TO TREAT THE TOUGHEST CHILDHOOD CANCERS AND PEDIATRIC DISEASES. | $25,000 |
Greensboro, NC PURPOSE: TO HELP IMPROVE LIVES AND CREATE THRIVING COMMUNITIES BY MOBILIZING AND UNITING THE CARING POWER OF GREENSBORO, NC. | $20,000 |
MOUNT PISGAH CHRISTIAN SCHOOL PURPOSE: TO SUPPORT THE INDEPENDENT SCHOOL EDUCATION DRIVEN BY ITS COMBINED SPIRITUAL, ACADEMIC, ATHLETIC, AND ARTS PROGRAMS DELIVERED WITH EXCELLENCE. | $10,000 |
Atlanta, GA PURPOSE: TO HELP SUPPORT THE NATION'S MOST COMPREHENSIVE CENTER FOR LANGUAGE AND LITERACY. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harry T Mangurian Jr Foundation Inc Fort Lauderdale, FL | $88,622,200 | $12,675,522 |
Alabama Power Foundation Inc Birmingham, AL | $164,336,755 | $18,795,477 |
Tennessee Health Foundation Inc Chattanooga, TN | $243,056,353 | $3,261,329 |
Masters Tournament Foundation Inc Augusta, GA | $56,432,291 | $20,283,494 |
Assisi Foundation Of Memphis Inc Memphis, TN | $238,137,134 | $32,851,811 |
Caring Foundation Birmingham, AL | $70,981,159 | $5,434,235 |
Malone Family Foundation Hobe Sound, FL | $111,664,161 | $13,667,566 |
Ingersoll-Rand Charitable Foundation Davidson, NC | $949,422 | $5,202,263 |
The Fairholme Foundation Coral Gables, FL | $289,766,586 | $285,369 |
Nicklaus Childrens Health Care Foundation Inc North Palm Beach, FL | $45,302,726 | $13,320,876 |
Albert L Ueltschi Foundation Vero Beach, FL | $287,931,919 | $1,247,906 |
Speedwell Foundation Atlanta, GA | $165,926,993 | $26,115,784 |