W E Stone Foundation
W E Stone Foundation is a private foundation focused on Education, based in Wheeling, WV. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $813K in total assets. In 2026, it awarded 9 grants totaling $85K. Net investment income was $70K.
W E Stone Foundation at a glance
In short: W E Stone Foundation gave $85K across 9 grants in 2026 (avg $9K), mostly in West Virginia. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $85,000
- +3.7% vs 2025
- Grants made (2026)
- 9
- -30.8% vs 2025
- Average grant
- $9,444
- +49.7% vs 2025
- Median grant
- $10,000
- Total assets
- $813,252
- -2.5% vs 2025
- Primary geography
- West Virginia (100% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who W E Stone Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2026
The largest 2026 recipient was University of Charleston ($15K). Together the top 8 received $80K.
Organizations only. It also paid 1 individual scholarship ($5,000), which are not listed by name.
Grant Size Distribution
59 grants across all recorded years
The most common grant size was under $50K: 59 grants of 59 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 9 itemized grants.
States
Cities
How W E Stone Foundation gives
- Giving held roughly steady from 2023 to 2026 (+16%). Method
- In 2026 it paid out 111% of its IRS minimum distribution (the 5% rule). 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 2020 to 2026, annual grant giving ranged from $72K (2020) to $87K (2022). In 2026 it made 9 grants totaling $85K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Charleston Charleston, WV | Wehrle Innovation Center Pledge | $15,000 |
| WV Independent Colleges & Universities Charleston, WV | Circle of Vision Scholarship | $15,000 |
| Arts Amplified Charleston, WV | Support | $10,000 |
| Experience Learning Circleville, WV | Scholarships and WV Programs | $10,000 |
| Oglebay Foundation Wheeling, WV | Renovations | $10,000 |
| Oglebay Institute Wheeling, WV | Capital Projects and General Fund | $8,000 |
| Wheeling Symphony Society Wheeling, WV | Youth Concert | $7,000 |
| Linsly School Wheeling, WV | Financial Aid Program | $5,000 |
| 1 individual scholarship Recipients not named | — | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $813,252 | $76,691 | $97,785 | $85,000 | 9 | $91,004 | $69,910 | $81,933 |
| 2025 | $834,346 | $48,144 | $94,303 | $82,000 | 13 | $87,663 | $41,504 | $75,099 |
| 2024 | $880,505 | $52,402 | $91,768 | $80,000 | 13 | $85,547 | $46,181 | $69,387 |
| 2023 | $919,871 | $13,711 | $84,570 | $73,000 | 11 | $74,036 | $18,653 | $72,473 |
| 2022 | $991,732 | $114,362 | $99,319 | $86,500 | 13 | $87,300 | $102,343 | $74,422 |
| 2021 | $975,687 | $31,012 | $95,184 | $84,500 | 12 | — | $21,426 | $69,556 |
| 2020 | $1,039,859 | $44,665 | $83,719 | $72,000 | 11 | — | $34,588 | $66,120 |
Under IRS private-foundation payout rules, W E Stone Foundation reported a distributable amount of $82K for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
W E Stone Foundation is led by Elizabeth J. Poggi, President & Treasurer on every filing since 2020; none of the 7 officers listed in 2026 report compensation.
Officers on the 2026 filing
Elizabeth J. Poggi
President & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Ben Exley IV
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Cynthia Morrison
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Edward C. Armbrecht Jr.
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Kathleen McDermott
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Stacy Christian
Trustee
On filings since 2022
0.3 hrs/week
No compensation reported
Edward C. Armbrecht III
Secretary & Treasurer
On filings since 2020
0.3 hrs/week
No compensation reported
Former officers (1)
- Former: Wilbur S. Jones Jr. (2020–2022) — Trustee
Data from IRS Form 990 filings, 2020–2026. "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 W E Stone Foundation
How much does W E Stone Foundation give each year?
W E Stone Foundation gave $85K across 9 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $82K across 13 grants.
What is W E Stone Foundation's typical grant size?
W E Stone Foundation's median grant in 2026 was $10,000, and its average grant was $9,444, across 9 grants on its 2026 IRS Form 990-PF.
Where does W E Stone Foundation give grants?
W E Stone Foundation gives mostly in West Virginia: 100% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Wheeling, WV (4 grants) and Charleston, WV (3 grants).
Does W E Stone Foundation give general operating support?
Yes: 11% of W E Stone Foundation's 2026 grants with a stated purpose (1 of 9) were for general or operating support, per its 2026 IRS Form 990-PF.
Who are W E Stone Foundation's largest grantees?
W E Stone Foundation's largest 2026 grantees include University of Charleston ($15,000), WV Independent Colleges & Universities ($15,000) and Arts Amplified ($10,000), according to its 2026 IRS Form 990-PF. It also paid 1 individual scholarship ($5,000), which are not listed by name. Together they received 47% of its itemized 2026 grant dollars.
How large is W E Stone Foundation?
W E Stone Foundation reported $813K in total assets on its 2026 IRS Form 990-PF. It paid out $91K in qualifying distributions that year, against a required minimum of $82K (roughly 5% of its investment assets).
What is W E Stone Foundation?
W E Stone Foundation is a private foundation focused on Education, based in Wheeling, WV. It holds $813K in total assets as of 2026.
What is W E Stone Foundation's EIN?
W E Stone Foundation's EIN (Employer Identification Number) is 55-6015330. IRS Form 990 filing data is available on this page for 2020–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS July 17, 2026)
- IRS filings on file for fiscal years 2020–2025
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Browse active grant opportunities in W E Stone Foundation's focus areas in our free grants database
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