The Stuart Family Foundation Inc is a private independent foundation established in 1995 and based in Albany, New York. The foundation operates as a non-operating private foundation, meaning it does not conduct direct charitable activities but instead provides financial support to other charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
-29.5% YoY
Annual Giving
$5.3M
+92.5% YoY
Grant Count
18
-5.3% YoY
Avg Grant Size
$295K
+103.2% YoY
Mission & Focus Areas
The foundation's primary purpose is to support charitable organizations exempt under Internal Revenue Code Section 501(c)(3). Its giving focuses on:
- Higher education
- Medical research
- Social services
- Health and wellness
- Human services
- Family services
- Child welfare
- Diseases and conditions
Grantmaking
The foundation maintains significant grantmaking activity. Based on recent financial data:
Grant Range
** $500 to $4,455,546
Average Grant
** Approximately $601
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Geographic Focus
Where this funder awards grants
The foundation supports initiatives across multiple U.S. states and cities, including:
- Primary states: Connecticut, Louisiana, Massachusetts, New Hampshire, New York, Oklahoma, Utah, and Washington
- Key cities: Albany, Boston, and Seattle
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent available financial data:
- Total assets: $1,975,964 (2024)
- Total expenses: $5,320,000 (2024)
- Total revenue: $242,000 (2024)
- Total liabilities: $0 (2024)
The foundation's expenses significantly exceed its annual revenue, indicating it draws from accumulated assets to support its grantmaking activities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,975,964 | $2,804,497 | $5,205,461 |
| Revenue | $242,268 | $316,973 | $2,450,862 |
| Expenses | $5,316,629 | $2,814,393 | $586,027 |
| Qualifying Distributions | $5,310,679 | $2,758,226 | $568,824 |
| Net Investment Income | $236,318 | $300,806 | $2,435,045 |
| Distributable Amount | $312,414 | $488,828 | $569,705 |
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
56 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Scott M. Stuart – President (serves without compensation)
- Lisa G. Stuart – Trustee (serves without compensation)
- Nancy Furnari – Listed as contact at The Ayco Company LP
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SCOTT M STUART | PRESIDENT,DIRECTOR | 1 | — |
| LISA G STUART | Director | 1 | — |
Contact Information
Mailing Address: c/o The Ayco Company PO Box 15201 Albany, NY 12212-5201
Telephone: 518-640-5000
EIN: 13-3861861
Subject Areas
Focus areas based on grantmaking activity
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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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