Irving I Stone Foundation
- Assets
- $0.0
- Revenue
- $3.9m
- Investments
- $22.6m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 06/1999
- Data as of
- 12/2021
- EIN
- 34-1892327
Organization Overview
Irving I Stone Foundation is located in Cleveland, OH. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Irving I Stone Foundation 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, Irving I Stone Foundation generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $3.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Irving I Stone Foundation has awarded 587 individual grants totaling $25,505,476. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Weiss President | 8 | $0 | |
Judith Stone Weiss Director | 1 | $0 | |
Morry Weiss Director | 1 | $0 | |
Jeffrey Weiss Director | 4 | $0 | |
Zev Weiss Director | 1 | $0 | |
Elie Weiss Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $503,270 |
| Profit on Inventory Sales | $0 |
| Other Income | $148,605 |
| Total Revenue | $3,908,843 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $695,593 |
| Contributions, gifts, grants paid | $2,496,000 |
| Total expenses and disbursements | $3,191,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,750,138 |
| Other assets | $53,817 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Irving I Stone Foundation has awarded $2,418,537 in support to 69 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF KOL TZOFAVICH PURPOSE: EDUCATIONAL ASSISTANCE | $34,000 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: COMMUNITY OUTREACH | $10,000 |
AMIT CHILDREN PURPOSE: COMMUNITY OUTREACH | $10,000 |
BRONFMAN CENTER PURPOSE: COMMUNITY OUTREACH | $20,000 |
CAMP STONE PURPOSE: EDUCATIONAL ASSISTANCE | $425,000 |
CHABAD AT CWRU PURPOSE: COMMUNITY OUTREACH | $20,000 |