The Stone Family Charitable Foundation
The Stone Family Charitable Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 7 grants totaling $95K. Net investment income was $70K.
The Stone Family Charitable Foundation at a glance
In short: The Stone Family Charitable Foundation gave $95K across 7 grants in 2024 (avg $14K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $95,000
- -15.6% vs 2023
- Grants made (2024)
- 7
- -12.5% vs 2023
- Average grant
- $13,571
- -3.5% vs 2023
- Median grant
- $10,000
- Total assets
- $2,000,496
- -1.2% vs 2023
- Primary geography
- North Carolina (58% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The Stone Family Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was University of North Carolina at Chapel Hill ($30K across 2 grants). Together the top 5 received $95K.
Grant Size Distribution
33 grants across all recorded years
The most common grant size was under $50K: 33 grants of 33 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
How The Stone Family Charitable Foundation gives
- Giving grew 36% from 2021 to 2024. Method
- In 2024 it paid out 102% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $70K (2020) to $113K (2023). In 2024 it made 7 grants totaling $95K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Michigan Ann Arbor, MI | Stone Family Scholarship Fund | $20,000 |
| University of North Carolina at Chapel Hill Chapel Hill, NC | The Stone Family Basic Needs Endowment Fund | $20,000 |
| UNC Hussman School of Journalism and Media Foundat Chapel Hill, NC | Media and Journalism Fund | $15,000 |
| The V Foundation Cary, NC | General & Unrestricted | $10,000 |
| University of North Carolina at Chapel Hill Chapel Hill, NC | The Carolina Food Pantry Network | $10,000 |
| William & Mary Foundation Williamsburg, VA | Stone Family Foundation First Generation Student Opportunity Fund | $10,000 |
| William & Mary Foundation Williamsburg, VA | Stone Family Foundation Scholarship Fund | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,000,496 | $86,557 | $111,636 | $95,000 | 7 | $104,897 | $70,351 | $102,648 |
| 2023 | $2,025,575 | $77,713 | $146,308 | $112,500 | 8 | $130,746 | $73,851 | $96,645 |
| 2022 | $2,094,170 | $52,469 | $101,472 | $77,500 | 7 | $94,553 | $45,550 | $97,116 |
| 2021 | $2,143,173 | $189,285 | $101,649 | $70,000 | 5 | $78,545 | $900,209 | $101,348 |
| 2020 | $2,055,537 | $1,131,175 | $86,935 | $70,000 | 6 | — | $57,321 | $61,491 |
Under IRS private-foundation payout rules, The Stone Family Charitable Foundation reported a distributable amount of $103K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Stone Family Charitable Foundation is led by Margaret Stone, President, Director & Secretary on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Margaret Stone
President, Director & Secretary
On filings since 2020
1 hr/week
No compensation reported
Mark Stone
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
Alex Stone
Director
On filings since 2023
1 hr/week
No compensation reported
Katherine Stone
Director
On filings since 2023
1 hr/week
No compensation reported
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.
Frequently asked questions about The Stone Family Charitable Foundation
How much does The Stone Family Charitable Foundation give each year?
The Stone Family Charitable Foundation gave $95K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $113K across 8 grants.
What is The Stone Family Charitable Foundation's typical grant size?
The Stone Family Charitable Foundation's median grant in 2024 was $10,000, and its average grant was $13,571, across 7 grants on its 2024 IRS Form 990-PF.
Where does The Stone Family Charitable Foundation give grants?
The Stone Family Charitable Foundation gives mostly in North Carolina: 58% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Michigan (21%) and Virginia (21%). The most frequent recipient cities were Chapel Hill, NC (3 grants) and Williamsburg, VA (2 grants).
Does The Stone Family Charitable Foundation give general operating support?
Yes: 14% of The Stone Family Charitable Foundation's 2024 grants with a stated purpose (1 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Stone Family Charitable Foundation's largest grantees?
The Stone Family Charitable Foundation's largest 2024 grantees include University of North Carolina at Chapel Hill ($30,000 across 2 grants), University of Michigan ($20,000) and William & Mary Foundation ($20,000 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 74% of its itemized 2024 grant dollars.
How large is The Stone Family Charitable Foundation?
The Stone Family Charitable Foundation reported $2.0M in total assets on its 2024 IRS Form 990-PF. It paid out $105K in qualifying distributions that year, against a required minimum of $103K (roughly 5% of its investment assets).
What is The Stone Family Charitable Foundation's EIN?
The Stone Family Charitable Foundation's EIN (Employer Identification Number) is 45-0895839. 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
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 16, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 4, 2025)
- IRS filings on file for fiscal years 2020–2024
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