The Stone Foundation
The Stone Foundation is a private foundation, based in Wilkesboro, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 4 grants totaling $8K. Net investment income was $141K.
The Stone Foundation at a glance
In short: The Stone Foundation gave $8K across 4 grants in 2025 (avg $2K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $8,000
- -93.9% vs 2024
- Grants made (2025)
- 4
- -63.6% vs 2024
- Average grant
- $2,000
- -83.2% vs 2024
- Median grant
- $2,000
- Total assets
- $1,989,378
- +7.1% vs 2024
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Stone Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Wilkes Ministry of Hope ($3K). Together the top 4 received $8K.
Grant Size Distribution
56 grants across all recorded years
The most common grant size was under $50K: 53 grants of 56 (95%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How The Stone Foundation gives
- Giving fell 90% from 2022 to 2025. Method
- In 2025 it paid out 7% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2019 to 2025, annual grant giving ranged from $8K (2025) to $349K (2020). In 2025 it made 4 grants totaling $8K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wilkes Ministry of Hope North Wilkesboro, NC | Unrestricted | $3,000 |
| Wilkes Developmental Day School Wilkesboro, NC | Unrestricted | $2,000 |
| Adult Enrichment Services of Wilkes Inc North Wilkesboro, NC | Unrestricted | $2,000 |
| Wilkes Public Health Dental Clinic North Wilkesboro, NC | Unrestricted | $1,000 |
Ready to take the next step with The Stone Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,989,378 | $168,689 | $36,514 | $8,000 | 4 | $8,000 | $140,540 | $115,096 |
| 2024 | $1,857,203 | $149,716 | $150,805 | $130,682 | 11 | $130,682 | $84,988 | $104,914 |
| 2023 | $1,858,292 | $199,049 | $160,158 | $138,130 | 10 | $138,130 | $37,021 | $95,772 |
| 2022 | $1,818,360 | $136,961 | $101,991 | $76,357 | 14 | $76,357 | $45,965 | $98,316 |
| 2021 | $1,783,390 | $258,809 | $128,968 | $104,130 | 17 | $104,130 | $164,969 | $101,878 |
| 2020 | $1,653,549 | $368,627 | $371,351 | $348,798 | 19 | — | $71,074 | $97,654 |
| 2019 | $1,656,738 | $122,697 | $116,694 | $93,666 | 26 | — | $23,262 | $88,620 |
Under IRS private-foundation payout rules, The Stone Foundation reported a distributable amount of $115K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Stone Foundation is led by Larry D. Stone, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Larry D. Stone
President
On filings since 2019
No compensation reported
Chris D. Stone
Director
On filings since 2019
No compensation reported
Larry D. Stone Jr.
Director
On filings since 2019
No compensation reported
Diane A. Stone
Secretary
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Foundation
How much does The Stone Foundation give each year?
The Stone Foundation gave $8K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $131K across 11 grants.
What is The Stone Foundation's typical grant size?
The Stone Foundation's median grant in 2025 was $2,000, and its average grant was $2,000, across 4 grants on its 2025 IRS Form 990-PF.
Where does The Stone Foundation give grants?
The Stone Foundation gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were North Wilkesboro, NC (3 grants).
Does The Stone Foundation give general operating support?
Yes: 100% of The Stone Foundation's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is The Stone Foundation?
The Stone Foundation reported $2.0M in total assets on its 2025 IRS Form 990-PF. It paid out $8K in qualifying distributions that year, against a required minimum of $115K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Stone Foundation's EIN?
The Stone Foundation's EIN (Employer Identification Number) is 45-2571353. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 7, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 31, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 18, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 25, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 23, 2026)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in The Stone Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Wilkes Medical Center Foundation
North Wilkesboro, NC
Wilkes Medical Center Foundation funds health care and health-related services, prevention, and community health projects—especially those addressing access to care, behavioral health, and chronic disease—in Wilkes County and the surrounding region. Recent grants ranged from $7,000 to $466,726, with a median of $25,000. It accepts applications for its grant programs when they are open; the 2026 Community Health Care and Health Impact applications are stated to be closed.
Assets
$13.8M
Grants
11
Total Given
$814K
The Health Foundation Inc
North Wilkesboro, NC
The Health Foundation Inc funds health and well-being initiatives, including access to care, prevention, health-professional education, and community projects, primarily in Wilkes County, North Carolina. Its 2024 grants ranged from $10,000 to $338,560, with a median of $16,986; Mini Grants are $250–$2,500. Healthy Futures requests begin with a Letter of Interest and are accepted on a rolling basis; Mini Grant applications are accepted during stated application periods.
Assets
$5.9M
Grants
20
Total Given
$977K
The Leonard G Herring Family Foundation
Wilkesboro, NC
The foundation supports education, economic development, youth programs, arts and culture, churches, and community organizations, primarily in North Carolina, with some grants in Virginia and Pennsylvania. Its 2024 grants ranged from $500 to $245,750, with a median of $15,000. It accepts written requests addressed to A Lee Herring II and does not restrict giving to preselected organizations.
Assets
$23.1M
Grants
40
Total Given
$1.3M
United Way of Wilkes County Inc
North Wilkesboro, NC
United Way of Wilkes County supports programs addressing crisis intervention, education, health, financial stability, and basic needs, primarily serving Wilkes County, North Carolina. In 2024, it made 12 grants totaling $193,000, ranging from $6,500 to $30,200 (median $16,600). The profile does not state whether it accepts unsolicited requests.
Assets
$471K
Grants
12
Total Given
$193K
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Melton Foundation
Hays, NC
The Melton Foundation supports charitable causes including food assistance, scholarships, camps, museums, and general operating needs, primarily in North Carolina, with some funding in Georgia. Its 2025 grants ranged from $1,000 to $6,000, with a median of $1,750; it funds only preselected organizations and does not accept unsolicited requests.
Assets
$229K
Grants
14
Total Given
$36K
More similar funders
More Funders in North Carolina
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Stone 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 Stone Foundation down — hundreds of funders to go?