Stoneypeak Foundation Inc
- Assets
- $4.4m
- Revenue
- $955.0k
- Investments
- $4.4m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 08/1999
- Data as of
- 06/2024
- 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 06/2024, Stoneypeak Foundation Inc generated $955.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $98.8k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (42.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Stoneypeak Foundation Inc has awarded 23 individual grants totaling $2,588,811. 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 |
|---|---|---|---|
David Stonecipher Chairman/ceo | 1 | $0 | |
Nancy Stonecipher Vice Chairman | 1 | $0 | |
Christopher Stonecipher President/coo/treasurer | 4 | $30,000 | |
Stephen Stonecipher Secretary | 1 | $5,000 | |
Hal Daughdrill Board Advisory Member | 1 | $5,000 | |
Virginia Moore Board Advisory Member | 1 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $803,100 |
| Interest on Savings | $0 |
| Dividends & Interest | $154,127 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,276 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $37 |
| Total Revenue | $954,988 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $57,836 |
| Contributions, gifts, grants paid | $41,000 |
| Total expenses and disbursements | $98,836 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,084 |
| 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 | $4,378,417 |
| 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, Stoneypeak Foundation Inc has awarded $41,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
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 |
MT VERNON SCHOOL ANNUAL FUND PURPOSE: TO SUPPORT THE MISSION OF EDUCATION TO ENCOURAGE DEEP LEARNING AND PRODUCE GRADUATES EMPOWERED TO MAKE A DIFFERENCE IN OUR WORLD. | $10,000 |
UNITED WAY OF GREATER GREENSBORO PURPOSE: TO HELP IMPROVE LIVES AND CREATE THRIVING COMMUNITIES BY MOBILIZING AND UNITING THE CARING POWER OF GREENSBORO, NC. | $20,000 |
CHASE THE VICTORY PURPOSE: TO SUPPORT FAMILIES AFFECTED BY CHILDHOOD CANCER AND THOSE GRAPPLING WITH THE LOSS OF THEIR CHILD. | $1,000 |