Foundation Stone Institute Inc

Organization Overview

Foundation Stone Institute Inc is located in Rockville, MD. The organization was established in 2017. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Stone Institute 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 12/2018, Foundation Stone Institute Inc generated $252.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (23.5%) each year. All expenses for the organization totaled $414.8k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

FSI'S MISSION IS TO PROMOTE A POSITIVE RELATIONSHIP BETWEEN CATHOLICS AND ISRAELIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION THROUGH "THE ISRAEL JOURNEY: ENCOUNTERS WITH ANCIENT AND MODERN ISRAEL" - FSI WILL ORGANIZE AND MANAGE EDUCATIONAL TRIPS TO ISRAEL FOR CATHOLIC LEADERS, CLERGY, AND PARISHIONERS ("ISRAEL JOURNEY TRIPS"). THE ISRAEL JOURNEY TRIPS WILL EDUCATE PARTICIPANTS ABOUT THE HISTORY OF ANCIENT AND MODERN ISRAEL, PROMOTE DEEPER SPIRITUAL UNDERSTANDING OF CATHOLICISM AND ITS ROOTS IN THE LAND OF ISRAEL, AND ENCOURAGE COLLABORATION BETWEEN CATHOLICS AND ISRAELIS.


FOUNDATION STONE COUNCIL: BUILDING LEADERSHIP - THE FOUNDATION STONE COUNCIL (THE "COUNCIL") WILL BE A SPECIAL ADVISORY BOARD WHICH WILL BECOME THE LAY LEADERSHIP ARM OF THE FOUNDATION, INTENDED TO HELP THE FOUNDATION ACHIEVE ITS GOALS. IT IS INTENDED THAT THE COUNCIL WILL MEET TWICE PER YEAR.


THE CATHOLIC-ISRAEL GLOBAL INSTITUTE, OR FSI GLOBAL: REPAIRING THE WORLD TOGETHER - THE ISRAEL JOURNEY TRIPS AND THE DEVELOPMENT OF THE COUNCIL WILL SET THE STAGE FOR ONE OF THE PRIMARY GOALS OF THE FOUNDATION: FOSTERING ONGOING COLLABORATIONS THAT BRING TOGETHER CATHOLIC HUMANITARIAN ORGANIZATIONS AND ISRAELI NON-GOVERNMENTAL ORGANIZATIONS ENGAGED IN GLOBAL HUMANITARIAN EFFORTS. FSI WILL SERVE AS THE CONDUIT THROUGH WHICH RELEVANT CATHOLIC AND ISRAELI ORGANIZATIONS MEET EACH OTHER.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$252,712
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$252,712
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $252,712

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Foundation Stone Institute Inc has recieved totaling $200,000.

Awarding OrganizationAmount
Philos Project Inc

New York, NY

PURPOSE: General support

$200,000
View Grant Recipient Profile

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