The Stone Foundation of New Jersey
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
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
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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
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
168 grants across all recorded years
Open Grants
2 open opportunities from The Stone Foundation of New Jersey
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Elizabeth Murphy — Executive Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SAMUEL G HUBER | PRESIDENT | 1 | — |
| JOSEPH W HUBER | V. PRES & SE | 1 | — |
| MARTHA C HUBER | TREASURER | 1 | — |
| ELEANOR H HUBER | DIRECTOR | 1 | — |
| SHEILA UNVALA | DIRECTOR | 1 | — |
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 NeighborsBrookdale 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
Related Funders
Similar funders by location and focus area
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Stephen J Machuta Scholarship Trust
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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