Roger and Susan Stone Family Foundation

NORTHBROOK, IL EIN: 23-7026711

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

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

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

16states
+8 more states

Cities

ArlingtonArlington HeightsAshlandBala CynwydBostonCharlestonChicagoEvanstonFredericksburgGarrisonGlencoeGreenwichHighland ParkHillsdaleIndianapolisIthacaJacksonvilleJenkintownLake ForestLittle Rock

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$9M$14M$18M2020202120222023
Metric202320222021
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

$0$4M$8M$12M$16M64 grants202044 grants202146 grants20222 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2023

JP MORGAN CHARITABLE GIV…$15.9MCASH GRANTS PAID (SEE AT…$500

Grant Size Distribution

142 grants across all recorded years

127<$50K4$50–100K4$100–250K2$250–500K$500K–1M$1–5M5$5M+

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

NameTitleHoursCompensation
SUSAN STONEPRESIDENT/TREASURER/DIRECTOR2
KAREN STONE KAPLANDIRECTOR2
LAUREN GAIL STONEDIRECTOR2
JENNIFER LYNN STONEDIRECTOR2

Recent News & Activity

Recent developments and announcements

2023

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.

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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