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Stone Foundation Inc. is a private corporation based in LONGBOAT KEY, FL. The foundation received its IRS ruling in 2016. The principal officer is Marcia Klein. It holds total assets of $9.8M. Annual income is reported at $5.6M. Total assets have grown from $8.1M in 2019 to $9.8M in 2024. The foundation is governed by 3 officers and trustees. 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 2016 to 2024. According to available records, Stone Foundation Inc. has made 41 grants totaling $2.3M, with a median grant of $50K. Annual giving has grown from $443K in 2020 to $634K in 2023. Grantmaking activity was highest in 2022 with $1.2M distributed across 20 grants. Individual grants have ranged from $10K to $125K, with an average award of $56K. The foundation has supported 15 unique organizations. Grants have been distributed to organizations in Michigan and Florida and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$21K
Median Grant
$40K
Average Grant
$49K
Largest Grant
$125K
Based on 9 grants from the most recent 990-PF filing.
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.
Stone Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in MI, FL, NY.
Stone Foundation Inc. has distributed a total of $2.3M across 41 grants. The median grant size is $50K, with an average of $56K. Individual grants have ranged from $10K to $125K.
Stone Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Stone Foundation Inc. is headquartered in LONGBOAT KEY, FL. While based in FL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stacey Schaeffler | Secretary | $0 | $0 | N/A |
| Mitchell Schwartz | Treasurer | $0 | $0 | N/A |
| Marcia S Klein | President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$9.8M
Fair Market Value
N/A
Net Worth
$9.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
41
Total Giving
$2.3M
Average Grant
$56K
Median Grant
$50K
Unique Recipients
15
Most Common Grant
$60K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| All Faiths Food BankRun fresh sprout food truckback packvet pantry | Sarasota, FL | $120K | 2023 |
| The Friendship CircleTraining for students art lifetownfarber soul ct | West Bloomfield, MI | $90K | 2023 |
| Jewish FederationCamp Program | Bloomfield Hills, MI | $74K | 2023 |
| University Of MichiganMedical research in autoimmune | Ann Arbor, MI | $60K | 2023 |
| Ringling College Of Art DesignStudent professional fundcrossing the finish line | Sarasota, FL | $60K | 2023 |
| Fidf-Friends Of The Israel Def ForcIsrael defense forces across the USA | New York, NY | $54K | 2023 |
| Jewish Hospice Chaplaincy NetworkExtra care at end of life | West Bloomfield, MI | $50K | 2023 |
| Jewish Housing Benevolent CareDefray cost end of funds program for residents | Sarasota, FL | $40K | 2023 |
| Regents Of University Of MichiganMedical research in autoimmune | Ann Arbor, MI | $40K | 2023 |
| Paws With A CauseTrain dogs for Police School | Wayland, MI | $26K | 2023 |
| Antidefamation Leaguefight all forms of antisemitism and bias | New York, NY | $10K | 2023 |
| Selby GardenSolar panel entry pond garden conservation & wat | Sarasota, FL | $10K | 2023 |
| All Faith Food BankRun Fresh Sprout food truckback packvet pantry | Sarasota, FL | $120K | 2022 |
| Aviva Senior LivingGeneral Fund | Sarasota, FL | $30K | 2020 |
| Temple Beth-ElTent | Bloomfield Hills, MI | $25K | 2020 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL