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Joan B Stone Foundation is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2022. The principal officer is Bank Of America Na Ttee. It holds total assets of $1.4M. Annual income is reported at $539K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Joan B Stone Foundation has made 8 grants totaling $260K, with a median grant of $34K. The foundation has distributed between $50K and $150K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $150K distributed across 4 grants. Individual grants have ranged from $25K to $37K, with an average award of $33K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Joan B Stone Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in TX.
Joan B Stone Foundation has distributed a total of $260K across 8 grants. The median grant size is $34K, with an average of $33K. Individual grants have ranged from $25K to $37K.
Joan B Stone Foundation typically selects its grantees rather than accepting unsolicited proposals.
Joan B Stone Foundation is headquartered in PENNINGTON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $20K | $0 | $20K |
Total Giving
$82K
Total Assets
$1.4M
Fair Market Value
$1.7M
Net Worth
$1.4M
Grants Paid
$60K
Contributions
N/A
Net Investment Income
$55K
Distribution Amount
$76K
Total: $802K
Total Grants
8
Total Giving
$260K
Average Grant
$33K
Median Grant
$34K
Unique Recipients
2
Most Common Grant
$37K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of TexasGENERAL OPERATING | Austin, TX | $30K | 2023 |
| Animal Rescue League Of El PasoGENERAL OPERATING | El Paso, TX | $30K | 2023 |