Charles and Marion Stone Foundation Inc

Private foundation · Grantmaker Leesburg, VA EIN: 26-4768313

Charles and Marion Stone Foundation Inc is a private foundation based in Leesburg, Virginia. It reported 22 grants totaling $22,400 in 2025, supporting educational institutions, school athletics, arts, and civic work.

Key facts about Charles and Marion Stone Foundation Inc

In short: Charles and Marion Stone Foundation Inc gave $22K across 22 grants in 2025 (avg $1K), top state Massachusetts. 5% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
26-4768313
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$22,400
Grants made (2025)
22
Average grant
$1,018
Median grant
$500
New grantees (estimate)
5% first-time grantees (1 of 22, 2025; small sample)
Total assets
$1,079,959
Primary geography
Massachusetts (27% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states on its 2025 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated October 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 2025 IRS Form 990-PF · View filing

Total Assets

$1.1M

-1.0% YoY

Annual Giving

$22K

+2.3% YoY

Grant Count

22

+4.8% YoY

Avg Grant Size

$1K

-2.4% YoY

Under IRS private-foundation payout rules, Charles and Marion Stone Foundation Inc reported a distributable amount of $65K for 2025 — the minimum it must pay out in qualifying distributions.

Is Charles and Marion Stone Foundation Inc open to new grantees?

5%

first-time grantees, 2025

In 2025, 1 of 22 grantees (5%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $500; repeat grants $1K. How we count

Medians: $500 first-time, $500 repeat.

  • 95% of 2025 grantees were also funded in 2024. Method
  • Giving fell 34% from 2022 to 2025. Method
  • In 2025 it paid out 63% 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 (2019–2025). 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

No mission statement for the foundation is provided. Its 2025 grants show support for educational institutions and school athletics, as well as arts and civic organizations. Among its grantees, the University of Chicago describes its mission as communicating and creating knowledge and fostering a community of scholars and students. Laudholm Trust says it advances coastal research, education, and stewardship programs and works to preserve historic buildings. Brooks School describes itself as a college preparatory school focused on providing students with a meaningful educational experience. Milton Academy says it cultivates a passion for learning and respect for others.

Grantmaking

In 2025, the foundation reported 22 grants totaling $22,400. Grant amounts ranged from $100 to $5,000, with a median of $500.

The largest reported grant was $5,000 to Brown Men’s Annual Crew Fund in Providence, Rhode Island, for school athletics. Grants of $2,500 each went to Brooks School Boathouse Fund in North Andover, Massachusetts, for school athletics; Hotchkiss School in Lakeville, Connecticut, for education; MIT in Cambridge, Massachusetts, for education; Phillips Exeter in Exeter, New Hampshire, for education; and the University of Chicago in Chicago, Illinois, for education. Other listed grants included $500 to Laudholm Trust for civic purposes and $500 to Loudon Huger Relief for arts.

How to Apply

The foundation states on its 2025 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

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Geographic Focus

Where this funder awards grants

In 2025, the largest shares of grant dollars by recipient state went to Massachusetts (27%) and Rhode Island (25%), followed by Connecticut, New Hampshire, and Illinois (11% each).

Grant Distribution by State

11states

Share of 2025 grant dollars across all 22 itemized grants.

Cities

North AndoverProvidenceBethesdaWashingtonLeesburgNew YorkChicagoExeterLakevilleMerrifieldMiltonNobleboroOyster BayTopekaCambridgeWells

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K23 grants2019 21 grants2020 22 grants2021 21 grants2022 20 grants2023 21 grants2024 22 grants2025

From 2019 to 2025, annual grant giving ranged from $22K (2024) to $61K (2019). In 2025 it made 22 grants totaling $22K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Brown Men's Annual Crew Fund: $5KBrown Men's Annual Crew Fund$5KBrooks School Boathouse fund: $3KBrooks School Boathouse fund$3KHotchkiss School: $3KHotchkiss School$3KMIT: $3KMIT$3KPhillips Exeter: $3KPhillips Exeter$3KUniversity of Chicago: $3KUniversity of Chicago$3KBuckley School: $500Buckley School$500East Woods School Annual Fund: $500East Woods School Annual Fund$500Loudon Country School Annual Fund: $500Loudon Country School AnnualFund$500Loudon Huger Relief: $500Loudon Huger Relief$500

The largest 2025 recipient was Brown Men's Annual Crew Fund ($5K). Together the top 10 received $20K.

Grant Size Distribution

106 grants across all recorded years

106<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 106 grants of 106 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Brown Men's Annual Crew Fund Providence, RISchool athletics$5,000
Brooks School Boathouse fund North Andover, MASchool Athletics$2,500
Hotchkiss School Lakeville, CTEducational$2,500
MIT Cambridge, MAEducation$2,500
Phillips Exeter Exeter, NHEducational$2,500
University of Chicago Chicago, ILEducation$2,500
Buckley School New York, NYEducation$500
East Woods School Annual Fund Oyster Bay, NYEducational$500
Loudon Country School Annual Fund Leesburg, VAEducational$500
Loudon Huger Relief Leesburg, VAArts$500

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $1,079,959 $71,082 $77,430 $22,400 (22 grants)
2024 $1,091,208 $254,912 $84,394 $21,900 (21 grants)
2023 $974,739 $47,415 $94,970 $33,400 (20 grants)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,079,959$1,091,208$974,739
Revenue$71,082$254,912$47,415
Expenses$77,430$84,394$94,970
Qualifying Distributions$40,905$43,387$55,054
Net Investment Income$33,605$213,419$6,473
Distributable Amount$64,934$57,932$61,219

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS June 30, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Charles Bigelow Parsons and Susan L Parsons as directors and grant managers.

Charles and Marion Stone Foundation Inc's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Charles Bigelow Parsons

    Director & Grant Manager

    On filings since 2019

    12 hrs/week

    $18K (2019) → $18K (2025)

  • Susan L Parsons

    Director & Grant Manager

    On filings since 2019

    12 hrs/week

    $18K (2019) → $18K (2025)

Former officers (1)
  • Former: Mary W. Smith (2019–2024) — Director & Grant Manager

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Charles Bigelow Parsons — Director/Grant Manager: $18KCharles Bigelow ParsonsDirector/Grant Manager$18KSusan L Parsons — Director/Grant Manager: $18KSusan L ParsonsDirector/Grant Manager$18K

The highest reported compensation on the 2025 filing was $18K, to Charles Bigelow Parsons (Director/Grant Manager). 2 officers or directors reported compensation on that filing.

Contact

Mailing address: 220 Lawford Drive, Leesburg, VA 20175
Phone: (703) 669-4415

Frequently asked questions about Charles and Marion Stone Foundation Inc

How much does Charles and Marion Stone Foundation Inc give each year?

Charles and Marion Stone Foundation Inc gave $22K across 22 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $22K across 21 grants.

What is Charles and Marion Stone Foundation Inc's typical grant size?

Charles and Marion Stone Foundation Inc's median grant in 2025 was $500, and its average grant was $1,018, across 22 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Charles and Marion Stone Foundation Inc that year got $500 on average.

Where does Charles and Marion Stone Foundation Inc give grants?

Charles and Marion Stone Foundation Inc's top state is Massachusetts, with 27% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Rhode Island (25%) and Connecticut (11%). The most frequent recipient cities were North Andover, MA (3 grants), Providence, RI (2 grants), Leesburg, VA (2 grants) and Washington, DC (2 grants).

Does Charles and Marion Stone Foundation Inc give general operating support?

Not in 2025: none of the 22 grants with a stated purpose on Charles and Marion Stone Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational" (7 grants), "Civic" (5 grants) and "School Athletics" (4 grants).

Who are Charles and Marion Stone Foundation Inc's largest grantees?

Charles and Marion Stone Foundation Inc's largest 2025 grantees include Brown Men's Annual Crew Fund ($5,000), Brooks School Boathouse fund ($2,500) and Hotchkiss School ($2,500), according to its 2025 IRS Form 990-PF. Together they received 45% of its itemized 2025 grant dollars.

How large is Charles and Marion Stone Foundation Inc?

Charles and Marion Stone Foundation Inc reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $41K in qualifying distributions that year, against a required minimum of $65K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Charles and Marion Stone Foundation Inc fund?

No mission statement for the foundation is provided. Its 2025 grants show support for educational institutions and school athletics, as well as arts and civic organizations. See mission & focus areas ↑

How do I apply for a grant from Charles and Marion Stone Foundation Inc?

The foundation states on its 2025 filing that it 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 Charles and Marion Stone Foundation Inc's EIN?

Charles and Marion Stone Foundation Inc's EIN (Employer Identification Number) is 26-4768313. IRS Form 990 filing data is available on this page for 2019–2025.

Does Charles and Marion Stone Foundation Inc accept unsolicited proposals?

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

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

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