Ira N Stone Family Foundation
- Assets
- $2.8m
- Revenue
- $299.6k
- Investments
- $2.3m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1996
- Data as of
- 12/2022
- EIN
- 36-3993194
Organization Overview
Ira N Stone Family Foundation is located in Chicago, IL. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Ira N Stone Family 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 12/2022, Ira N Stone Family Foundation generated $299.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $384.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Ira N Stone Family Foundation has awarded 78 individual grants totaling $1,512,957. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ira N Stone President, Treasurer And D | 0.25 | $0 | |
Sheila L Stone Secretary And Director | 0.25 | $0 | |
John J Buttita Assistant Secretary And Di | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,870 |
| Interest on Savings | $10 |
| Dividends & Interest | $75,582 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $219,142 |
| Capital Gain Net Income | $219,142 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $299,604 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $921 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $125 |
| Total operating and administrative expenses | $24,807 |
| Contributions, gifts, grants paid | $359,950 |
| Total expenses and disbursements | $384,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $522,468 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $211,121 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,839,961 |
| 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, Ira N Stone Family Foundation has awarded $359,950 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ALL CHICAGO PURPOSE: GENERAL FUND RAISING | $25,000 |
AUSTIN MONTESSORI PURPOSE: GENERAL FUND RAISING | $500 |
CARE FOR REAL PURPOSE: GENERAL FUND RAISING | $1,000 |
BRANDES NATIONAL PURPOSE: GENERAL FUND RAISING | $500 |
CHICAGO SINAI CONGRESSION PURPOSE: GENERAL FUND RAISING | $3,650 |
CATHEDRAL CITY SENIOR CENTER PURPOSE: GENERAL FUND RAISING | $500 |