Kelsey Stoneton Memorial Fund
Kelsey Stoneton Memorial Fund is a private foundation focused on Education, based in Winthrop, ME. IRS filing data is available from 2019 through 2022. As of 2022, the organization holds $30K in total assets. In 2022, it awarded 1 grant totaling $2K. Net investment income was $19.
Kelsey Stoneton Memorial Fund at a glance
In short: Kelsey Stoneton Memorial Fund gave $2K across 1 grant in 2022 (avg $2K), mostly in Maine. Source: 2022 IRS Form 990-PF.
- Annual giving (2022)
- $2,000
- +0.0% vs 2021
- Grants made (2022)
- 1
- +0.0% vs 2021
- Average grant
- $2,000
- +0.0% vs 2021
- Median grant
- $2,000
- Total assets
- $29,942
- -7.5% vs 2021
- Primary geography
- Maine (100% of itemized 2022 grant dollars)
- Latest 990 filing
- Form 990-PF, 2022 View filing
Data from IRS Form 990-PF, 2022; updated October 2026.
Who Kelsey Stoneton Memorial Fund funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2022 grant dollars on its one itemized grant.
States
Cities
How Kelsey Stoneton Memorial Fund gives
- Giving held roughly steady from 2019 to 2022 (+0%). Method
- In 2022 it paid out 133% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2022, annual grant giving ranged from $2K (2019) to $2K (2022). In 2022 it made 1 grant totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2022 | $29,942 | $19 | $2,450 | $2,000 | 1 | $2,000 | $19 | $1,507 |
| 2021 | $32,373 | $16 | $2,250 | $2,000 | 1 | $2,250 | $16 | $1,598 |
| 2020 | $34,607 | $2,246 | $2,000 | $2,000 | 1 | — | $26 | $1,631 |
| 2019 | $34,361 | $52 | $2,000 | $2,000 | 1 | — | $52 | $1,702 |
Under IRS private-foundation payout rules, Kelsey Stoneton Memorial Fund reported a distributable amount of $2K for 2022 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Kelsey Stoneton Memorial Fund's 2022 filing lists 4 officers; none of the 4 officers listed in 2022 report compensation.
Officers on the 2022 filing
James Cr Stoneton
Treasurer
On filings since 2019
0.3 hrs/week
No compensation reported
James Cr Stoneton III
Board Member
On filings since 2019
0.3 hrs/week
No compensation reported
Joel Stoneton
Incorporator
Incorporator & President → Incorporator, 2021
On filings since 2019
0.5 hrs/week
No compensation reported
Kimberly Stoneton
Incorporator
Incorporator & Secretary → Incorporator, 2021
On filings since 2019
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Kelsey Stoneton Memorial Fund
How much does Kelsey Stoneton Memorial Fund give each year?
Kelsey Stoneton Memorial Fund gave $2K across 1 grant in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $2K across 1 grant.
How large is Kelsey Stoneton Memorial Fund?
Kelsey Stoneton Memorial Fund reported $30K in total assets on its 2022 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What is Kelsey Stoneton Memorial Fund?
Kelsey Stoneton Memorial Fund is a private foundation focused on Education, based in Winthrop, ME. It holds $30K in total assets as of 2022.
Where does Kelsey Stoneton Memorial Fund operate?
Kelsey Stoneton Memorial Fund has awarded grants in Maine.
What is Kelsey Stoneton Memorial Fund's EIN?
Kelsey Stoneton Memorial Fund's EIN (Employer Identification Number) is 47-2655348. IRS Form 990 filing data is available on this page for 2019–2022.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 22, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 16, 2023)
- IRS filings on file for fiscal years 2019–2022
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