Pobble Stone Foundation

CONCORD, MA EIN: 13-6208422

Pobble Stone Foundation is a private foundation established in 1966, located in Concord, Massachusetts. The foundation is also known as The Sharpe Family Foundation and maintains operations with no employees on staff.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.7M

-64.5% YoY

Annual Giving

$21.5M

+1331.1% YoY

Grant Count

-95.6% YoY

Avg Grant Size

$10.7M

+32099.1% YoY

Under IRS private-foundation payout rules, Pobble Stone Foundation reported a distributable amount of $946K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation made two significant grants in 2024:

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $12.4M (47%)

Rhode Island $12.3M (47%)

Maine $541K (2%)

District of Columbia $445K (2%)

Connecticut $280K (1%)

Colorado $70K (0%)

New York $50K (0%)

Washington $20K (0%)

+3 more states

States

California Colorado Connecticut District of Columbia Kansas Massachusetts Maine New Hampshire New York Rhode Island Washington

Cities

ArlingtonBar HarborBinghamtonBostonCambridgeConcordDenverDunlapHancockJamaica PlainKingstonLincolnLowellNarragansettProvidenceSalinaSalisbury CoveSaunderstownSeattleSmithfield

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Metric	Amount
Total Assets	$8,739,527
Total Revenues	$1,797,101
Total Expenses	$21,789,827

Revenue Breakdown (FYE 12/2024):

Investment income and dividends: $373,622
Net gain from sale of non-inventory assets: $1,358,836
Miscellaneous revenues: $64,643

The foundation's revenues increased 36.9% compared to the prior year ($1,312,672 in 2023), driven primarily by gains from asset sales which more than doubled year-over-year (109.1% increase).

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$8,739,527	$24,640,017	$25,082,533
Revenue	$1,797,101	$1,312,672	$1,297,516
Expenses	$21,789,827	$1,755,188	$1,513,168
Qualifying Distributions	$21,470,390	$1,500,050	$1,400,200
Net Investment Income	$1,450,114	$1,048,330	$1,133,912
Distributable Amount	$945,897	$1,351,889	$1,373,469

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

182 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boston Foundation ($10,733,040), Rhode Island Foundation ($10,733,040).

Recipient	Purpose	Amount
BOSTON FOUNDATION BOSTON, MA	CHARITABLE	$10,733,040
RHODE ISLAND FOUNDATION PROVIDENCE, RI	CHARITABLE	$10,733,040

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SARAH A SHARPE	TRUSTEE	1	—
JOHN POWLEY	TRUSTEE	1	—

Frequently Asked Questions

How do I apply for a grant from Pobble Stone Foundation?

The foundation made two significant grants in 2024: | Grantee | Amount | Grant Year | |---------|--------|-----------| | The Rhode Island Foundation | $10,733,040 | 2024 | | The Boston Foundation (TBF) | $10,733,040 | 2024 | Both grants were classified as charitable contributions.

What size grants does Pobble Stone Foundation award?

In 2024, Pobble Stone Foundation awarded 2 grants totaling $21.5M — an average of about $10.7M per grant, based on its IRS Form 990 filings.

How much is Pobble Stone Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pobble Stone Foundation reported a distributable amount of $946K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.