The Stepping Stones Foundation
The Stepping Stones Foundation is a private foundation, based in Katonah, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.2M in total assets. In 2024, it made $898K in qualifying distributions. Net investment income was $612K.
The Stepping Stones Foundation at a glance
- Total assets
- $14,154,538
- +7.6% vs 2023
- Revenue (2024)
- $1,116,856
- +50.4% vs 2023
- Qualifying distributions (2024)
- $898,200
- +20.0% vs 2023
- Expenses (2024)
- $1,006,956
- +23.5% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Ready to take the next step with The Stepping Stones Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|
| 2024 | $14,154,538 | $1,116,856 | $1,006,956 | $898,200 | $612,028 |
| 2023 | $13,157,414 | $742,601 | $815,277 | $748,669 | $335,204 |
| 2022 | $11,839,222 | $824,241 | $856,065 | $773,126 | $451,599 |
| 2021 | $14,505,436 | $1,007,755 | $694,059 | $648,240 | $654,088 |
| 2020 | $13,285,809 | $633,804 | $577,880 | — | $345,667 |
Leadership & Key People
Officers and directors from IRS filings
The Stepping Stones Foundation is led by Sally Corbett-Turco, Executive Director on every filing since 2020; 1 of 15 officers listed in 2024 is compensated.
Officers on the 2024 filing
Sally Corbett-Turco
Executive Director
On filings since 2020
40 hrs/week
$126K (2020) → $156K (2024)
Walter Stuart
President -
President - July & Sec-Jan-Jul → President, 2022
President → President -, 2023
On filings since 2020
1 hr/week
No compensation reported
William Barton
President
Treasurer → President - Since July, 2023
President - Since July → President, 2024
On filings since 2020
1 hr/week
No compensation reported
Christopher Franklin
Trustee
On filings since 2020
1 hr/week
No compensation reported
Maggie Keogh
Trustee
On filings since 2021
1 hr/week
No compensation reported
Gregory Tobin
Trustee
On filings since 2022
1 hr/week
No compensation reported
Margaret Dettman
Trustee
On filings since 2022
1 hr/week
No compensation reported
Patrick Raycraft
Trustee
On filings since 2022
1 hr/week
No compensation reported
John Barton
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Mark Scott
Trustee Since July
New on the 2024 filing
1 hr/week
No compensation reported
Shawn Kelly
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Amalia Castillo
Vice President
Trustee → Vice President - Since July, 2022
Vice President - Since July → Vice President, 2023
On filings since 2020
1 hr/week
No compensation reported
Susan Vairo
Secretary
Trustee → Secretary - Since July, 2023
Secretary - Since July → Secretary, 2024
On filings since 2020
1 hr/week
No compensation reported
William Runyon
Treasurer -
Secretary - Since July → Streasurer - Since July, 2023
Streasurer - Since July → Treasurer -, 2024
On filings since 2021
1 hr/week
No compensation reported
James Treseler
Treasurer Since July
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (8)
- Former: Michael Shuster (2020–2023) — Trustee
- Former: Paul Capetillo (2022–2023) — Trustee
- Former: Ashton McFadden (2020–2022) — Vice President -
- Former: Joan Ramsey (2020–2022) — Trustee-
- Former: John J. Quinn (2020–2022) — Trustee -
- Former: Fred Doulton (2020–2021) — Trustee
- Former: Terrance Bedient (2020–2021) — Trustee
- Former: Will Runyon (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $156K, to Sally Corbett-Turco (Executive Director).
Frequently asked questions about The Stepping Stones Foundation
How large is The Stepping Stones Foundation?
The Stepping Stones Foundation reported $14.2M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $1.1M.
What is The Stepping Stones Foundation's EIN?
The Stepping Stones Foundation's EIN (Employer Identification Number) is 13-3031164. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Stepping Stones Foundation's focus areas in our free grants database
Similar Funders
Similar funders in New York
The Ford Foundation
New York, NY
The Ford Foundation funds organizations and initiatives working to reduce inequality and advance social justice, including work on civic engagement, civil rights, climate justice, disability rights, and technology and society. In 2024, its grants ranged from $45 to $15 million, with a median of $100,000, supporting work in the U.S. and internationally. It says most grants are identified by the foundation and it does not accept unsolicited proposals by mail, email, or phone; limited opportunities may be offered separately.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The New York Community Trust
New York, NY
The New York Community Trust funds nonprofit programs in areas such as arts, education, health, the environment, workforce development, and youth development, including projects that improve services, build organizational capacity, or advance policy and systems change. Its competitive grants mainly serve New York City, Long Island, and Westchester, with some national and international environmental funding; the 2024 median grant was $20,000. The profile does not state whether it accepts unsolicited requests.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
The Simons Foundation Inc
New York, NY
The Simons Foundation funds research and public engagement in mathematics and the physical, life, autism, and neuroscience sciences. In 2024, it made 1,727 grants, with a median award of $72,000 and amounts ranging from $1,480 to $20 million, supporting organizations in the U.S. and internationally. It states that it funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
Local Initiatives Support Corporation
New York, NY
LISC funds affordable housing, community development, small businesses, and related efforts that strengthen inclusive communities, providing grants as well as loans, equity, and technical assistance across the country. Its 2024 grants had a median award of $40,000, though amounts varied widely. Application access is program-specific: for its Rhode Island child care facilities planning grants, applicants are instructed to consult program staff before submitting a request.
Assets
$1.6B
Grants
1,119
Total Given
$102.8M
Wellspring Philanthropic Fund Inc
New York, NY
Wellspring Philanthropic Fund supports human rights and social and economic justice, including work on climate, the environment, civic engagement, and Jewish causes, in the United States and internationally. Its 2024 grants had a median of $200,000, with amounts ranging from $500 to $9.75 million. It funds only preselected organizations and does not accept unsolicited requests; it plans to end grantmaking by the end of 2028.
Assets
$134.4M
Grants
1,101
Total Given
$326.0M
More Funders in New York
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Stepping Stones Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Stepping Stones Foundation down — hundreds of funders to go?