The Stone Foundation of New Jersey logo

The Stone Foundation of New Jersey

LEONARDO, NJ EIN: 13-3947516 Website

The Stone Foundation of New Jersey is a private foundation based in Leonardo, New Jersey, established in 1997. The foundation provides flexible, patient, and trust-based philanthropic support to nonprofit organizations and community groups working on systemic change in their focus communities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$28.1M

+362.0% YoY

Annual Giving

$1.6M

+239.6% YoY

Grant Count

64

+146.2% YoY

Avg Grant Size

$25K

+38.0% YoY

Under IRS private-foundation payout rules, The Stone Foundation of New Jersey reported a distributable amount of $705K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Stone Foundation seeks to nurture vibrant, equitable, self-determined, and compassionate communities. The foundation's grantmaking prioritizes:

  • Work addressing social and economic inequities
  • Collaborative efforts that drive racial and economic justice
  • Projects creating vibrant and whole communities where residents can thrive
  • General operating support and project-specific grants
  • Both annual and multi-year funding commitments

Grantmaking

The foundation operates two semi-annual grant cycles:

Grant Range

s & Types:**

Average Grant

amount: $190,000–$500,000 (based on recent activity)

Review Cycle

**Spring Cycle:**

How to Apply

**

Ready to take the next step with The Stone Foundation of New Jersey?

Geographic Focus

Where this funder awards grants

The Stone Foundation's grantmaking is primarily focused on:

  • Monmouth County, New Jersey — primary focus area
  • Wabanakiq, Maine — secondary focus area for supporting Wabanaki communities

Grant Distribution by State

6states

Cities

Asbury ParkAsbury PparkBangorBar HarborBernardsvilleBloomfieldBoontonBostonBurlingtonEatontownFar HillsFarmingdaleFaystonFreeholdHamiltonHancockHazletJersey CityLawrencevilleLincroft

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $28,103,441
  • Total giving: $1,609,075
  • Total revenues: $23,792,139
  • Total expenses: $1,776,329
  • Number of employees: 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7M$13M$20M$26M20202021202220232024
Metric202420232022
Total Assets$28,103,441$6,083,344$6,466,777
Revenue$23,792,139$134,365$161,356
Expenses$1,776,329$517,798$495,641
Qualifying Distributions$1,642,218$478,600$463,790
Net Investment Income$423,499$98,923$131,330
Distributable Amount$704,742$452,024$459,261

Giving Over Time

Total grant dollars and number of grants per year

$0$402K$805K$1M$2M35 grants202030 grants202127 grants202226 grants202364 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NIWESKOK$150KCOBSCOOK COMMUNITY LEARN…$75K180 TURNING LIVES AROUND$28KHABCORE INC$28KINTERFAITH NEIGHBORS$28KNEW JERSEY REPERTORY COM…$28KPARKER FAMILY HEALTH CEN…$28KCPC BEHAVORIAL HEALTHCAR…$28KLUNCH BREAK INC$28KGREATER NEWARK CONSERVANCY$25K

Grant Size Distribution

168 grants across all recorded years

158<$50K9$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from The Stone Foundation of New Jersey

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Niweskok ($150,000), Cobscook Community Learning Center ($75,000), 180 Turning Lives Around ($28,300).

RecipientPurposeAmount
180 TURNING LIVES AROUND HAZLET, NJGENERAL OPERATING SUPPORT$28,300
180 TURNING LIVES AROUND HAZLET, NJSELF-DETERMINATION PROGRAM$8,000
AFFORDABLE HOUSING ALLIANCE NEPTUNE, NJGENERAL OPERATING SUPPORT$23,300
ALLAIRE VILLAGE INC FARMINGDALE, NJGENERAL OPERATING SUPPORT$5,000
ARTS ED OF NJ BURLINGTON, NJGENERAL OPERATING SUPPORT$7,500
ASBURY PARK MUSIC FOUNDATION ASBURY PARK, NJGENERAL OPERATING SUPPORT$20,000
ASBURY PARK AFRICAN MUSIC FOUNDATIO ASBURY PARK, NJGENERAL OPERATING SUPPORT$5,000
ASSOCIATION OF NJ ENV COMMISSIONS MENDHAM, NJGENERAL OPERATING SUPPORT$12,000
BIG BROTHERS BIG SISTERS OF ASBURY PARK, NJGENERAL OPERATING SUPPORT$23,300
BLOOM AGAIN FOUNDATION NEW JERSEY RED BANK, NJGENERAL OPERATING SUPPORT$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Elizabeth Murphy — Executive Director

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SAMUEL G HUBERPRESIDENT1
JOSEPH W HUBERV. PRES & SE1
MARTHA C HUBERTREASURER1
ELEANOR H HUBERDIRECTOR1
SHEILA UNVALADIRECTOR1

Recent Activity

Recent developments and announcements

Recent grantees include:

Niweskok — $150,000 (Acquisition of Land)

Cobscook Institute (CCLC) — $75,000 (General Operating Support)

Interfaith Neighbors — $28,300 (General Operating Support)

Donor Highlights - Interfaith Neighbors

Brookdale Community College Foundation

The foundation convened 200 nonprofit professionals from 35+ organizations in Monmouth County for an evening focused on building community, strengthening relationships, and supporting cross-sector collaboration and collective action.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Stone Foundation of New Jersey fund?

The Stone Foundation seeks to nurture vibrant, equitable, self-determined, and compassionate communities. The foundation's grantmaking prioritizes: • Work addressing social and economic inequities • Collaborative efforts that drive racial and economic justice • Projects creating vibrant and whole communities where residents can thrive • General operating support and project-specific grants • Both annual and multi-year funding commitments

How do I apply for a grant from The Stone Foundation of New Jersey?

**Grant Sizes & Types:** • Typical grant range: $5,000 to $25,000 • First-time applicants typically receive between $5,000 and $10,000 • Larger grants up to $500,000 have been awarded • Average grant amount: $190,000–$500,000 (based on recent activity) • The foundation made 35 grants in the most recent reporting period **Application Process:** The foundation operates two semi-annual grant cycles: **Spring Cycle:** • Application opens: February 1 • Application deadline: March 15 • Site visits/me…

Where does The Stone Foundation of New Jersey make grants?

The Stone Foundation's grantmaking is primarily focused on: • **Monmouth County, New Jersey** — primary focus area • **Wabanakiq, Maine** — secondary focus area for supporting Wabanaki communities

What size grants does The Stone Foundation of New Jersey award?

In 2024, The Stone Foundation of New Jersey awarded 64 grants totaling $1.6M — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is The Stone Foundation of New Jersey required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Stone Foundation of New Jersey reported a distributable amount of $705K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Stone Foundation of New Jersey's EIN?

The Stone Foundation of New Jersey's EIN (Employer Identification Number) is 13-3947516. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Stone Foundation of New Jersey'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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