The Stone Foundation Inc

LONGBOAT KEY, FL EIN: 47-5601594

The Stone Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LONGBOAT KEY, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.8M in total assets. In 2024, it awarded 9 grants totaling $612K. Net investment income was $448K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.8M

-10.0% YoY

Annual Giving

$612K

-3.5% YoY

Grant Count

9

-25.0% YoY

Avg Grant Size

$68K

+28.7% YoY

Under IRS private-foundation payout rules, The Stone Foundation Inc reported a distributable amount of $663K for 2024 — the minimum it must pay out in qualifying distributions.

About The Stone Foundation Inc

Based on IRS filings

The Stone Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LONGBOAT KEY, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.8M in total assets. In 2024, it awarded 9 grants totaling $612K. Net investment income was $448K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

Ann ArborBloomfield HillsNew YorkSarasotaWaylandWest Bloomfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$460K$919K$1M$2M20202021202220232024
Metric202420232022
Total Assets$9,806,118$10,895,466$10,941,386
Revenue$-159,259$758,833$1,365,699
Expenses$930,318$804,753$672,195
Qualifying Distributions$612,000$634,000$619,000
Net Investment Income$448,133$408,865$400,228
Distributable Amount$663,216$595,532$609,060

Giving Over Time

Total grant dollars and number of grants per year

$0$159K$317K$476K$634K9 grants20208 grants202110 grants202212 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

All Faiths Food Bank$120KThe Friendship Circle$120KFIDF-Friends of the Isra…$106KJewish Federation$75KRingling College of Art …$60KSelby Garden$40KAviva Senior Living$40KPaws with a Cause$26KRegents of University of…$25K

Grant Size Distribution

48 grants across all recorded years

21<$50K18$50–100K9$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include All Faiths Food Bank ($120,000), The Friendship Circle ($120,000), FIDF-Friends of the Israel Def Forc ($106,000).

RecipientPurposeAmount
All Faiths Food Bank Sarasota, FLRun fresh sprout food truckback packvet pantry$120,000
FIDF-Friends of the Israel Def Forc New York, NYIsrael defense forces across the USA$106,000
Jewish Federation Bloomfield Hills, MICamp Program$75,000
Paws with a Cause Wayland, MITrain dogs for Police School$26,000
Regents of University of Michigan Ann Arbor, MIMedical research in autoimmune$25,000
Ringling College of Art Design Sarasota, FLStudent professional fundcrossing the finish line$60,000
Selby Garden Sarasota, FLSolar panel entry pond garden conservation & wat$40,000
The Friendship Circle West Bloomfield, MITraining for students art lifetownfarber soul ct$120,000
Aviva Senior Living Sarasota, FLGeneral Fund$40,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Marcia S KleinPresident1
Stacey SchaefflerVice President1
Stacey SchaefflerSecretary1
Mitchell SchwartzVice President1
Mitchell SchwartzTreasurer1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Stone Foundation Inc?

The Stone Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LONGBOAT KEY, FL. It holds $9.8M in total assets as of 2024.

How large is The Stone Foundation Inc?

As of 2024, The Stone Foundation Inc holds $9.8M in total assets with $-159,259 in annual revenue. It awarded 9 grants totaling $612K in 2024.

Where does The Stone Foundation Inc operate?

The Stone Foundation Inc has awarded grants in Florida, Michigan, New York.

What size grants does The Stone Foundation Inc award?

In 2024, The Stone Foundation Inc awarded 9 grants totaling $612K — an average of about $68K per grant, based on its IRS Form 990 filings.

How much is The Stone Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Stone Foundation Inc reported a distributable amount of $663K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Stone Foundation Inc's EIN?

The Stone Foundation Inc's EIN (Employer Identification Number) is 47-5601594. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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

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