Midwest Stone Institute
The organization's primary purpose is to make grants for research and education, provide charity care and to expand the service and knowledge of extracorporeal shockwave treatments and minimally invasive surgery.
Midwest Stone Institute at a glance
In short: Midwest Stone Institute gave $57K across 1 grant in 2025 (avg $57K), mostly in Missouri. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $57,498
- -55.4% vs 2024
- Grants made (2025)
- 1
- Average grant
- $57,498
- Median grant
- $57,498
- Total assets
- $38,052,062
- +7.1% vs 2024
- Primary geography
- Missouri (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Midwest Stone Institute funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Washington University ($57K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $50–100K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $57K (2025) to $245K (2022). In 2025 it made 1 grant totaling $57K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Washington University St. Louis, MO | Urologic Research. Nurse Practitioner Training Programs, Desai. | $57,498 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $38,052,062 | $5,640,952 | $2,892,131 | $57,498 | 1 | $2,457,456 |
| 2024 | $35,524,208 | $3,323,148 | $2,374,133 | $128,811 | Total only | $1,202,675 |
| 2023 | $29,074,587 | $3,497,154 | $2,206,397 | $195,392 | Total only | $1,334,942 |
| 2022 | $26,304,202 | $2,332,408 | $1,956,433 | $244,637 | Total only | $1,137,277 |
| 2021 | $31,839,081 | $2,496,206 | $1,878,745 | $231,222 | Total only | $1,464,342 |
| 2020 | $27,673,044 | $1,354,400 | $1,854,712 | $219,730 | 1 | $169,887 |
| 2019 | $26,064,402 | $1,970,950 | $1,965,300 | $217,861 | 1 | $621,902 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Midwest Stone Institute
Based on IRS filings
Midwest Stone Institute is a public charity, based in St. Louis, MO. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $38.1M in total assets. In 2025, it awarded 1 grant totaling $57K. Net investment income was $2.5M.
Leadership & Key People
Officers and directors from IRS filings
Midwest Stone Institute is led by Jesse Smithhart, Executive Director on every filing since 2021; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jesse Smithhart
Executive Director
On filings since 2021
40 hrs/week
No compensation reported
Sam Bhayani MD
President & Chairman
On filings since 2023
1 hr/week
No compensation reported
Jackie Martin MD
Secretary & Director
Vice President & Director → Secretary & Director, 2020
On filings since 2019
1 hr/week
No compensation reported
Rajen Doshi MD
Director
On filings since 2019
1 hr/week
No compensation reported
Zachary Hamilton MD
Director
On filings since 2021
1 hr/week
No compensation reported
Jeffrey Glaser MD
Director
On filings since 2024
1 hr/week
No compensation reported
Jon Bettale RN
Director
On filings since 2024
1 hr/week
No compensation reported
Michael Johnson MD
Director
New on the 2025 filing
1 hr/week
No compensation reported
Tim Buller
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Former officers (6)
- Former: Diane Ray RN (2019–2023) — Director
- Former: Kadi Montez (2020–2023) — Director
- Former: Gerald Andriole MD (2019–2022) — President & Chairman
- Former: Kathie Goeddel (2019–2020) — Executive Director
- Former: Sameer Siddiqui MD (2019–2020) — Director
- Former: Serge Marinkovic MD (2019–2020) — Director
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.
Frequently asked questions about Midwest Stone Institute
How much does Midwest Stone Institute give each year?
Midwest Stone Institute gave $57K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it reported $129K in grants paid.
How large is Midwest Stone Institute?
Midwest Stone Institute reported $38.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $5.6M.
Where does Midwest Stone Institute operate?
Midwest Stone Institute has awarded grants in Missouri.
What is Midwest Stone Institute's EIN?
Midwest Stone Institute's EIN (Employer Identification Number) is 43-1382746. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS August 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 13, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 1, 2026)
- IRS filings on file for fiscal years 2019–2024
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Midwest Stone Institute down — hundreds of funders to go?