Fieldstone Foundation Inc
Fieldstone Foundation Inc is a private grantmaking foundation established in 1990 and located in Stow, Massachusetts. The foundation is a proud affiliate of Citizen Advocates, with deep roots in Malone, New York. The foundation's name is inspired by fieldstones, which historically played an enduring role in building the foundations of Malone. Fieldstone Foundation operates as a 501(c)(3) tax-exempt organization and focuses on strengthening and uniting communities by helping people feel a sense of fulfillment and belonging.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.8M
+0.3% YoY
Annual Giving
$131K
-1.6% YoY
Grant Count
58
-14.7% YoY
Avg Grant Size
$2K
+15.3% YoY
Mission & Focus Areas
Mission: Building good, together. Advancing wellness by fundraising to support network affiliates and investing in the communities served.
Core Values: Compassion, connection, and innovation.
Core Beliefs:
- Collaboration is key to identifying crucial community needs and developing sustainable, innovative solutions
- The foundation believes in being attentive and open-minded community leaders
- Elevating community wellness elevates individual health and vice versa
- Every person is worthy of health, happiness, love, and belonging
Primary Funding Areas:
The foundation supports work that helps improve the social determinants of health in communities served by Citizen Advocates and affiliates:
- Safe and affordable housing
- Access to healthy food
- Community engagement
- Economic stability
- Access to quality healthcare
- Access to mental health and addiction care
Grantmaking
The foundation supports bold, sustainable solutions that address the social determinants of health and social justice in the communities it serves. The foundation develops dynamic partnerships and collaborations that create bold initiatives to elevate communities, and supports courageous, innovative proposals that elevate and connect people.
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Geographic Focus
Where this funder awards grants
The foundation primarily serves communities in the North Country region, including Malone, New York and the Saranac Lake area. It focuses on communities served by Citizen Advocates and its affiliates.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Revenue: $239,122
- Total Expenses: $194,000
- Total Assets: $2.8 million
- Total Liabilities: $7,000
Tax Status: Tax-exempt since July 1991 (EIN: 22-3111728)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,811,125 | $2,802,213 | $2,746,499 |
| Revenue | $199,403 | $239,122 | $110,394 |
| Expenses | $190,072 | $194,434 | $173,648 |
| Qualifying Distributions | $136,482 | $159,994 | $145,732 |
| Net Investment Income | $145,813 | $204,682 | $82,478 |
| Distributable Amount | $177,865 | $162,933 | $166,438 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Susan DeGrassi - President & Chief Operating Officer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Katharine S Furney | Secretary | 1 | — |
| Ruth H Shepherd | President | 1 | — |
| Elizabeth R Beneche | Director | 1 | — |
| T Nathanael Shepherd | Treasurer | 8 | — |
| Nancy Shepherd | Vice President | 1 | — |
Recent News & Activity
Recent developments and announcements
**February 2026:** Fieldstone Foundation launched the Backpack Program in partnership with Saranac Lake Central School District
Fieldstone Foundation receives $5,000 donation | Top Stories | mymalonetelegram.com**December 2025:** Casella Waste Systems provided significant support to the Backpack Program through a $6,000 donation
Casella donation gives major boost to Fieldstone Foundation | Sun CommunityThe foundation has established partnerships with organizations including NuMED to support North Country children
NuMED Fieldstone Partnership Supports North Country ChildrenRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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