Tony Stewart Foundation Inc is located in Brownsburg, IN. The organization was established in 2003. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tony Stewart 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 12/2023, Tony Stewart Foundation Inc generated $620.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $849.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tony Stewart Foundation Inc has awarded 278 individual grants totaling $3,464,778. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE IN THE PROMOTION OF HEALTH BY PROVIDING GRANTS TO CHRONICALLY ILL CHILDREN AND/OR THEIR FAMILIES, CHARITABLE ORGANIZATIONS DEVOTED TO IMPROVING THE WELL-BEING FOR VARIOUS ANIMALS, AND INDIVIDUALS INJURED IN MOTORSPORTS ACTIVITIES AND/OR THEIR FAMILIES AND OTHER ORGANIZATIONS THAT PROVIDE SIMILAR SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT ORGANIZATIONS WHICH ADDRESS THE PHYSICAL WELL-BEING OF CHILDREN WITH CRITICAL OR LIFE-THREATENING ILLNESS OR INJURY.
SUPPORT ORGANIZATIONS THAT ADDRESS THE PHYSICAL WELL BEING OF THOSE WITH AN ILLNESS.
SUPPORT ORGANIZATIONS WHICH IMPROVE THE PHYSICAL WELL-BEING AND/OR ADDRESS CONSERVATION FOR ANIMALS.
SUPPORT ORGANIZATIONS WHICH PROVIDE SERVICES TO INJURED MOTORSPORTS DRIVERS AND THEIR FAMILIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony W Stewart President | OfficerTrustee | 2 | $0 |
Nelson H Stewart Vice Preside | OfficerTrustee | 2 | $0 |
Pamela A Boas Treasurer | OfficerTrustee | 10 | $0 |
Natalie K Repenning Secretary | OfficerTrustee | 2 | $0 |
Erica Raisor Executive Di | Officer | 50 | $101,000 |
| 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 | $187,225 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,225 |
| Total Program Service Revenue | $0 |
| Investment income | $66,689 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,336 |
| Net Income from Fundraising Events | $81,152 |
| Net Income from Gaming Activities | $246,745 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $620,047 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $635,502 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $101,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,932 |
| Payroll taxes | $7,275 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $311 |
| Fees for services: Accounting | $15,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $31,522 |
| Office expenses | $5,159 |
| Information technology | $166 |
| Royalties | $0 |
| Occupancy | $7,785 |
| Travel | $5,239 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $977 |
| Insurance | $0 |
| All other expenses | $88 |
| Total functional expenses | $849,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $156,468 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,792 |
| Investments—publicly traded securities | $2,551,674 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50 |
| Total assets | $2,715,484 |
| Accounts payable and accrued expenses | $15,620 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $45,495 |
| Total liabilities | $61,115 |
| Net assets without donor restrictions | $654,369 |
| Net assets with donor restrictions | $2,000,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,715,484 |
Over the last fiscal year, Tony Stewart Foundation Inc has awarded $526,502 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ABLE YOUTH PURPOSE: GENERAL PURPOSE | $7,500 |
ARTS FOR LIFE PURPOSE: GENERAL PURPOSE | $7,500 |
AUSTIN HATCHER FOUNDATIONFOR PEDIATRIC CANCER PURPOSE: GENERAL PURPOSE | $10,000 |
BROWN COUNTY HUMANE SOCIETY INC PURPOSE: GENERAL PURPOSE | $8,500 |
CAMP SPIFIDACAMPS FOR SPIFFY-KYDS PURPOSE: GENERAL PURPOSE | $10,000 |
CANINE ASSISTED THERAPY PURPOSE: GENERAL PURPOSE | $7,500 |