The Sea Stone Foundation is a private foundation based in New York, NY, established in 2004. It operates as a 501(c)(3) organization and is classified as a corporate foundation. The foundation is a grantmaking organization with a small operational footprint, maintaining one employee.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$302K
-10.7% YoY
Annual Giving
$266K
+20.3% YoY
Grant Count
53
+55.9% YoY
Avg Grant Size
$5K
-22.9% YoY
Mission & Focus Areas
The Sea Stone Foundation primarily funds religious, educational, and artistic initiatives. Its focus areas include:
- Arts and culture
- Education
- Human services
Grantmaking
The foundation is actively engaged in grantmaking with the following characteristics:
Grant Range
of approximately $25,000
Average Grant
of approximately $25,000
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Geographic Focus
Where this funder awards grants
The foundation supports organizations across multiple U.S. states and cities, including:
- New York
- California
- Texas
- Massachusetts
- Additional states: Alabama, Colorado, Connecticut, Delaware, Georgia, Hawaii, Maryland, Minnesota, Oregon, Utah, Washington
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Data (2024):
- Total Assets: $302,000
- Total Revenue: $315,340
- Total Expenses: $339,987
- Net Income: -$24,647
- Net Assets: $241,597
Prior Year Data (2023):
- Total Assets: $338,511
- Total Revenue: $406,483
- Total Expenses: $286,861
- Investment Income: $19,378
Financial Characteristics:
- Expense Ratio: 70.6% of total revenue spent on programs
- The foundation generates revenue primarily through investment income and gains from asset sales
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $302,235 | $338,511 | $262,161 |
| Revenue | $315,340 | $406,483 | $29,889 |
| Expenses | $339,987 | $286,861 | $300,939 |
| Qualifying Distributions | $298,967 | $221,571 | $217,333 |
| Net Investment Income | $315,340 | $406,483 | $29,889 |
| Distributable Amount | $254,677 | $213,359 | $217,414 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
200 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
- Michael Lemle — President
- Lucinda Zeising — Secretary
- Wendy Vanden Hevuel — Treasurer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL LEMLE | PRESIDENT | 10 | $65,000 |
| LUCINDA ZEISING | SECRETARY | 1 | — |
| WENDY VANDEN HEVUEL | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Assets
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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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