George W Stone Family Foundation Inc
- Assets
- $1.0m
- Revenue
- $49.0k
- Investments
- $528.3k
- Employees
- 0
- Location
- Millersville, MD
- Founding
- 06/2008
- Data as of
- 12/2021
- EIN
- 26-2010054
Organization Overview
George W Stone Family Foundation Inc is located in Millersville, MD. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. George W Stone Family 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 12/2021, George W Stone Family Foundation Inc generated $49.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 43.6% each year . All expenses for the organization totaled $614.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Warner Treasurer | 0 | $0 | |
Kelly Cashen Vice President | 0 | $0 | |
George W Stone Jr President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,750 |
| Interest on Savings | $25,820 |
| Dividends & Interest | $7,413 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,868 |
| Capital Gain Net Income | $13,868 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $188 |
| Total Revenue | $49,039 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,610 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $64 |
| Total operating and administrative expenses | $8,814 |
| Contributions, gifts, grants paid | $605,500 |
| Total expenses and disbursements | $614,314 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,726 |
| 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 | $450,000 |
| 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 | $171 |
| Total assets | $1,022,233 |
| 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, George W Stone Family Foundation Inc has awarded $605,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Glen Burnie, MD PURPOSE: MEDICAL RESEARCH | $205,000 |
HOSPICE OF THE CHEASAPEAKE PURPOSE: CHARITABLE | $200,000 |
DANA FARBER CANCER INSTITUTE PURPOSE: MEDICAL RESEARCH | $100,000 |
ST JUDE CHILDRENS HOSPITAL PURPOSE: MEDICAL RESEARCH | $100,000 |
UNIVERSITY OF THE SCIENCES - ATHLETIC DEPARTMENT PURPOSE: CHARITABLE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Diana Davis Spencer Foundation Bethesda, MD | $1,510,145,435 | $31,448,274 |
Davis Family Foundation Hanover, MD | $1,302,672,743 | $64,475,559 |
Bedford Falls Foundation C/O Joanne Barkett Conway Washington, DC | $61,666,880 | $84,617,094 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
Walder Family Foundation Wilmington, DE | $215,951,796 | $11,130,940 |
Maguire Foundation West Conshohocken, PA | $0 | $10,846,953 |
Mabel Pew Myrin Trust Philadelphia, PA | $417,886,148 | $39,075,922 |
Max Stenbeck Foundation Wilmington, DE | $3,203,232 | $39,728,528 |
Neubauer Family Foundation Philadelphia, PA | $348,008,962 | $28,614,405 |
Quantitative Foundation Philadelphia, PA | $101,541,098 | -$10,401,387 |
Wallace Global Fund Ii Washington, DC | $136,169,792 | $23,961,855 |
J N Pew Jr Charitable Trust Philadelphia, PA | $309,649,040 | $25,152,087 |