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
Under IRS private-foundation payout rules, Sea Stone Foundation reported a distributable amount of $255K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Noche Flamenca ($50,000), Day One Early Learning Community ($27,500), Hamptons Dance Project ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 52ND STREET PROJECT NEW YORK, NY | RELIGIOUS, EDUCATIONAL, OR ARTISTIC | $1,758 |
| ACTBLUE FREE SPEECH SOMERVILLE, MA | RELIGIOUS, EDUCATIONAL, OR ARTISTIC | $2,100 |
| AMANDA JAMES NEW YORK, NY | RELIGIOUS, EDUCATIONAL, OR ARTISTIC | $300 |
| AMERICAN BALLET THEATER NEW YORK, NY | RELIGIOUS, EDUCATIONAL, OR ARTISTIC | $21,000 |
| DAY ONE EARLY LEARNING COMMUNITY NEW YORK, NY | RELIGIOUS, EDUCATIONAL, OR ARTISTIC | $27,500 |
| ANTI DEFAMATION LEAGUE NEW YORK, NY | RELIGIOUS, EDUCATIONAL, OR ARTISTIC | $1,008 |
| BRANDEIS UNIVERSITY WALTHAM, MA | RELIGIOUS, EDUCATIONAL, OR ARTISTIC | $10,000 |
| DORRANCE DANCE COMPANY NEW YORK, NY | RELIGIOUS, EDUCATIONAL, OR ARTISTIC | $20,298 |
| CITY HARVEST INC BROOKLYN, NY | RELIGIOUS, EDUCATIONAL, OR ARTISTIC | $500 |
| ETHICAL CULTURE FIELDSTON SCHOOL BRONX, NY | RELIGIOUS, EDUCATIONAL, OR ARTISTIC | $10,000 |
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
Frequently Asked Questions
What does Sea Stone Foundation fund?
The Sea Stone Foundation primarily funds religious, educational, and artistic initiatives. Its focus areas include: • Arts and culture • Education • Human services
How do I apply for a grant from Sea Stone Foundation?
The foundation is actively engaged in grantmaking with the following characteristics: **Grant Activity:** • Made 45 grants in 2023 • Average grant size of approximately $25,000 • Recent notable grants include: • Noche Flamenca: $50,000 (2023) • Hamptons Dance Project: $15,000 (2023) • Day One Early Learning Community: $15,000 (2023) **Recent Performance:** • 34 grants awarded in 2024 • Total awarded in 2024: $222,000 • Open to new applicants
Where does Sea Stone Foundation make 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
What size grants does Sea Stone Foundation award?
In 2024, Sea Stone Foundation awarded 53 grants totaling $266K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Sea Stone Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sea Stone Foundation reported a distributable amount of $255K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sea Stone Foundation's EIN?
Sea Stone Foundation's EIN (Employer Identification Number) is 54-2142668. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sea Stone Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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