Stone Foundation Inc
- Assets
- $10.9m
- Revenue
- $758.8k
- Investments
- $10.7m
- Employees
- 0
- Location
- Longboat Key, FL
- Founding
- 03/2016
- Data as of
- 12/2023
- EIN
- 47-5601594
Organization Overview
Stone Foundation Inc is located in Longboat Key, FL. The organization was established in 2016. 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. Stone 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, Stone Foundation Inc generated $758.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $804.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Stone Foundation Inc has awarded 64 individual grants totaling $3,418,000. 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 |
|---|---|---|---|
Marcia S Klein President | 0 | $0 | |
Stacey Schaeffler Vice President | 1 | $0 | |
Stacey Schaeffler Secretary | 1 | $0 | |
Mitchell Schwartz Vice President | 0 | $0 | |
Mitchell Schwartz Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $311,584 |
| Interest on Savings | $0 |
| Dividends & Interest | $384,009 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $63,240 |
| Capital Gain Net Income | $63,240 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $758,833 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,893 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $127,399 |
| Total operating and administrative expenses | $170,753 |
| Contributions, gifts, grants paid | $634,000 |
| Total expenses and disbursements | $804,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,630 |
| Savings and temporary cash investments | $91,342 |
| 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 | $4,201 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,895,466 |
| 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, Stone Foundation Inc has awarded $634,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ANTIDEFAMATION LEAGUE PURPOSE: FIGHT ALL FORMS OF ANTISEMITISM AND BIAS | $10,000 |
ALL FAITHS FOOD BANK PURPOSE: RUN FRESH SPROUT FOOD TRUCKBACK PACKVET PANTRY | $120,000 |
FIDF-FRIENDS OF THE ISRAEL DEF FORC PURPOSE: ISRAEL DEFENSE FORCES ACROSS THE USA | $54,000 |
JEWISH FEDERATION PURPOSE: CAMP PROGRAM | $74,000 |
JEWISH HOSPICE CHAPLAINCY NETWORK PURPOSE: EXTRA CARE AT END OF LIFE | $50,000 |
JEWISH HOUSING BENEVOLENT CARE PURPOSE: DEFRAY COST END OF FUNDS PROGRAM FOR RESIDENTS | $40,000 |