Betty & James K Stone Foundation
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.
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
Share of all 40 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
200 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SPARTANBURG DAY SCHOOL Spartanburg, SC | EDUCATION | $66,000 |
| LA ANNA METHODIST CHURCH Newfoundland, PA | GENERAL SUPPORT | $23,000 |
| SPARTANBURG COUNTY FOUNDATION Spartanburg, SC | GENERAL SUPPORT | $23,000 |
| CHURCH OF THE ADVENT Spartanburg, SC | GENERAL SUPPORT | $20,100 |
| THOMAS E HANNAH YMCA Spartanburg, SC | GENERAL SUPPORT | $12,556 |
| CONVERSE COLLEGE Spartanburg, SC | EDUCATION | $10,000 |
| SPARTANBURG REGIONAL FOUNDATION Spartanburg, SC | GENERAL SUPPORT | $10,000 |
| HUB CITY WRITERS Spartanburg, SC | GENERAL SUPPORT | $7,800 |
| DUCKS UNLIMITED Ridgeland, MS | GENERAL SUPPORT | $6,059 |
| CENTER FOR BIRDS OF AWENDAW SC Awendaw, SC | GENERAL 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 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- 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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