Roger and Susan Stone Family Foundation
The Roger and Susan Stone Family Foundation is a private foundation established in 1969 and based in Northbrook, Illinois. Designated as a 501(c)(3) organization, the foundation focuses on philanthropic grantmaking to support charitable causes across multiple sectors.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$15.9M
+52.4% YoY
Grant Count
2
-95.7% YoY
Avg Grant Size
$7.9M
+3406.1% YoY
Mission & Focus Areas
The foundation's giving priorities include:
- Education
- Health
- Children and social services
- Philanthropy, voluntarism, and grantmaking
Grantmaking
The Roger and Susan Stone Family Foundation has been a significant supporter of the Cristo Rey Network, providing cumulative gifts exceeding $1.8 million over an 11-year period beginning in 2010. The foundation's support contributed to the network's expansion from 5,891 students in 24 schools to 12,300 students in 38 schools. Additionally, the foundation served as a Corporate Partner of Cristo Rey St. Martin College Prep in Waukegan, with student workers placed at the foundation's former company, KapStone Paper and Packaging.
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Geographic Focus
Where this funder awards grants
The foundation's primary grantmaking focus is Pennsylvania, though it has also supported organizations in Illinois, including Cristo Rey schools in the Chicago area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $0
- Total giving: $15,895,486
- Revenue: $229,000
- Expenses: $16,000,000
Status: The organization filed a final return as of 2023.
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $14,457,070 | $23,476,805 |
| Revenue | $228,679 | $1,624,788 | $8,385,528 |
| Expenses | $15,971,073 | $10,644,523 | $16,566,543 |
| Qualifying Distributions | $15,915,515 | $10,440,066 | $16,438,713 |
| Net Investment Income | $188,121 | $1,542,331 | $8,282,698 |
| Distributable Amount | — | $949,566 | $1,426,009 |
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 2023
Grant Size Distribution
142 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
Roger W. Stone founded the foundation with his wife Susan. Roger W. Stone passed away in 2021. His initial engagement with Cristo Rey Network began after reading an article in the Wall Street Journal in May 2010, leading to the foundation's substantial multi-year commitment to the organization.
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN STONE | PRESIDENT/TREASURER/DIRECTOR | 2 | — |
| KAREN STONE KAPLAN | DIRECTOR | 2 | — |
| LAUREN GAIL STONE | DIRECTOR | 2 | — |
| JENNIFER LYNN STONE | DIRECTOR | 2 | — |
Recent News & Activity
Recent developments and announcements
The foundation's most recent documented activity includes its 2023 Form 990 filing. Roger W. Stone's passing in 2021 was noted by the Cristo Rey Network, which recognized his 11-year partnership with the organization and his legacy in supporting educational opportunities for underserved students.
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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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