Betty & James K Stone Foundation logo

Betty & James K Stone Foundation

Foundation · Grantmaker Wellford, SC EIN: 57-0958629 Website

The BETTY & JAMES K STONE FOUNDATION is a private foundation based in Wellford, South Carolina. Its 2024 filing reports grants to charitable organizations, including schools, churches, community and health organizations, and conservation groups.

Key facts about Betty & James K Stone Foundation

In short: Betty & James K Stone Foundation gave $238K across 40 grants in 2024 (avg $6K), mostly in South Carolina. 25% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
57-0958629
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$237,766
Grants made (2024)
40
Average grant
$5,944
Median grant
$2,500
New grantees (estimate)
25% first-time grantees (10 of 40, 2024)
Total assets
$5,243,968
Primary geography
South Carolina (80% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.2M

+5.3% YoY

Annual Giving

$238K

+2.8% YoY

Grant Count

40

+17.6% YoY

Avg Grant Size

$6K

-12.6% YoY

Under IRS private-foundation payout rules, Betty & James K Stone Foundation reported a distributable amount of $442K for 2024 — the minimum it must pay out in qualifying distributions.

Is Betty & James K Stone Foundation open to new grantees?

25%

first-time grantees, 2024

In 2024, 10 of 40 grantees (25%) were first-time recipients. First grants averaged $2K; repeat grants $7K. How we count

Medians: $3K first-time, $2K repeat.

  • 57% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+12%). Method
  • In 2024 it paid out 54% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The available grant information shows support for education and general operating purposes, among other charitable activities. Grantees describe their own work in varied terms: Spartanburg Day School says it provides an educational experience that prepares students for life; Project R.E.S.T. says it serves victims of domestic and sexual violence; and Goforth Recovery says its mission is to help people recover from substance abuse. These are grantee missions, not stated missions of the foundation.

Grantmaking

In 2024, the foundation reported 40 grants totaling $237,766. Grant amounts ranged from $75 to $66,000, with a median of $2,500.

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Geographic Focus

Where this funder awards grants

In 2024, South Carolina organizations received 80% of grant dollars. Recipients in Pennsylvania received 10%, Mississippi 3%, Delaware 2%, and Colorado 2%.

Grant Distribution by State

18states

Share of all 40 itemized 2024 grant dollars.

Cities

SpartanburgCharlestonColumbiaEdisto IslandNewfoundlandAwendawClemsonGreenvilleWinston SalemBeaufortEasleyMiamiAikenDallasNorth CharlestonRidgelandAtlantaBasaltChicagoClearmont

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K47 grants202045 grants202134 grants202234 grants202340 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Spartanburg Day School: $66KSpartanburg Day School$66KLa Anna Methodist Church: $23KLa Anna Methodist Church$23KSpartanburg County Foundation: $23KSpartanburg County Foundation$23KChurch of the Advent: $20KChurch of the Advent$20KThomas E Hannah YMCA: $13KThomas E Hannah YMCA$13KConverse College: $10KConverse College$10KSpartanburg Regional Foundation: $10KSpartanburg RegionalFoundation$10KHub City Writers: $8KHub City Writers$8KDucks Unlimited: $6KDucks Unlimited$6KCenter for Birds of Awendaw SC: $5KCenter for Birds of Awendaw SC$5K

Grant Size Distribution

200 grants across all recorded years

195<$50K4$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
SPARTANBURG DAY SCHOOL Spartanburg, SCEDUCATION$66,000
LA ANNA METHODIST CHURCH Newfoundland, PAGENERAL SUPPORT$23,000
SPARTANBURG COUNTY FOUNDATION Spartanburg, SCGENERAL SUPPORT$23,000
CHURCH OF THE ADVENT Spartanburg, SCGENERAL SUPPORT$20,100
THOMAS E HANNAH YMCA Spartanburg, SCGENERAL SUPPORT$12,556
CONVERSE COLLEGE Spartanburg, SCEDUCATION$10,000
SPARTANBURG REGIONAL FOUNDATION Spartanburg, SCGENERAL SUPPORT$10,000
HUB CITY WRITERS Spartanburg, SCGENERAL SUPPORT$7,800
DUCKS UNLIMITED Ridgeland, MSGENERAL SUPPORT$6,059
CENTER FOR BIRDS OF AWENDAW SC Awendaw, SCGENERAL SUPPORT$5,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $5,243,968 $594,378 $332,266 $237,766
2023 $4,981,856 $178,704 $313,438 $231,324
2022 $5,116,590 $674,413 $331,508 $245,298
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K20202021202220232024
Metric202420232022
Total Assets$5,243,968$4,981,856$5,116,590
Revenue$594,378$178,704$674,413
Expenses$332,266$313,438$331,508
Qualifying Distributions$237,766$231,324$245,298
Net Investment Income$403,586$147,423$536,539
Distributable Amount$441,997$388,035$400,186

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

Eliot Stone was listed as a trustee on the 2024 filing.

Betty & James K Stone Foundation is led by Eliot Stone, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Eliot Stone

    Trustee

    On filings since 2020

    8 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: PO Box 219, Wellford, SC 29385
Phone: (864) 439-9788
Website: https://stonefdn.org

Frequently asked questions about Betty & James K Stone Foundation

How much does Betty & James K Stone Foundation give each year?

Betty & James K Stone Foundation gave $238K across 40 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $231K across 34 grants.

What is Betty & James K Stone Foundation's typical grant size?

Betty & James K Stone Foundation's median grant in 2024 was $2,500, and its average grant was $5,944, across 40 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Betty & James K Stone Foundation that year got $2K on average.

Where does Betty & James K Stone Foundation give grants?

Betty & James K Stone Foundation gives mostly in South Carolina: 80% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (10%). The most frequent recipient cities were Spartanburg, SC (23 grants) and Charleston, SC (3 grants).

Does Betty & James K Stone Foundation give general operating support?

Yes: 88% of Betty & James K Stone Foundation's 2024 grants with a stated purpose (35 of 40) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Education" (5 grants).

Who are Betty & James K Stone Foundation's largest grantees?

Betty & James K Stone Foundation's largest 2024 grantees include Spartanburg Day School ($66,000), La Anna Methodist Church ($23,000) and Spartanburg County Foundation ($23,000), according to its 2024 IRS Form 990-PF. Together they received 47% of its itemized 2024 grant dollars.

How large is Betty & James K Stone Foundation?

Betty & James K Stone Foundation reported $5.2M in total assets on its 2024 IRS Form 990-PF. It paid out $238K in qualifying distributions that year, against a required minimum of $442K (roughly 5% of its investment assets).

What does Betty & James K Stone Foundation fund?

The available grant information shows support for education and general operating purposes, among other charitable activities. Grantees describe their own work in varied terms: Spartanburg Day School says it provides an educational experience that prepares students for life; Project R.E.S.T. says it serves victims of domestic and sexual violence; and Goforth Recovery says its mission is to help people recover from substance abuse. These are grantee missions, not stated missions of the foundatio…

How do I apply for a grant from Betty & James K Stone Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Betty & James K Stone Foundation's EIN?

Betty & James K Stone Foundation's EIN (Employer Identification Number) is 57-0958629. IRS Form 990 filing data is available on this page for 2020–2024.

Does Betty & James K Stone Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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