The Michael and Karen Stone Family Foundation Inc
Preselected recipients only
The Michael and Karen Stone Family Foundation Inc is a private foundation in Wilmington, Delaware. In tax year 2024 it gave $2.9 million in 38 grants; the typical grant was $25,000 and the largest $1.1 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$2.9 million
- Number of grants38
- Typical grant$25,000
- Largest grant$1.1 million
- Assets$71.5 million
- New grantees62%
Giving in 2024 was up from $2.5 million the year before.
62% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $2.5 million | 20 | $63.4 million |
| 2024 | $2.9 million | 38 | $71.5 million |
How to apply
The Michael and Karen Stone Family Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Michael and Karen Stone Family Foundation Inc funds
Where it gives
Its US grants went to recipients in 12 states, the most to North Carolina. It also paid $250,000 in 1 grant to recipients outside the US.
| State | Grants | Amount |
|---|---|---|
| North Carolina | 3 | $1.2 million |
| California | 15 | $915,500 |
| Vermont | 5 | $136,500 |
| Michigan | 3 | $100,000 |
| Massachusetts | 2 | $72,500 |
| Georgia | 2 | $60,000 |
| Virginia | 1 | $30,000 |
| Illinois | 1 | $15,000 |
| Connecticut | 2 | $10,000 |
| Texas | 1 | $10,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Duke University | General & Unrestricted | $1.1 million |
| Bishops School | Capital Campaign | $250,000 |
| San Diego Museum of Art | General & Unrestricted | $250,000 |
| Wilderness Safaris Wildlife Trust | Drought relief food program | $250,000 |
| Rady Childrens Hospital - San Diego | The President's Fund | $100,000 |
| Stanford University | General & Unrestricted | $100,000 |
| Harvard Business School | HBS Fund | $62,500 |
| Big Brothers Big Sisters of San Diego County Inc | General & Unrestricted | $51,500 |
| Shelburne Farms | General & Unrestricted | $51,500 |
| Voices for Children | General & Unrestricted | $51,500 |
| Bishops School | Annual Fund | $50,000 |
| Camp Southern Ground Inc | General & Unrestricted | $50,000 |
| Duke University | Lemur Center Operations and Lemur Madagascar Programs | $50,000 |
| Regents of the University of Michigan | General & Unrestricted | $50,000 |
| Duke University | Fuqua Annual Fund and Fuqua Scholarship Fund | $45,000 |
| Charities Aid Foundation America | Friends Fund: GAVI, The Vaccine Alliance | $30,000 |
| Lake Champlain Committee Inc | General & Unrestricted | $25,000 |
| Regents of the University of Michigan | Maize & Blue Cupboard Fund | $25,000 |
| Regents of the University of Michigan | Emergency Fund | $25,000 |
| University of Vermont | General & Unrestricted | $25,000 |
| University of Vermont | Special Collections Fund | $25,000 |
| Climate Vault Inc | General & Unrestricted | $15,000 |
| U C San Diego Foundation | To support Scripps Institution of Oceanography and to be used at the discretion of the SIO Director | $15,000 |
| Bishops School | The Bishops School 2024 Gala | $12,500 |
| Govern for California Foundation | General & Unrestricted | $12,500 |
| Dakshana Foundation | General & Unrestricted | $10,000 |
| Harvard Business School | General & Unrestricted | $10,000 |
| Shelburne Museum Incorporated | General & Unrestricted | $10,000 |
| The Nature Conservancy Georgia Chapter | Coastal Conservation fund | $10,000 |
| The San Diego Foundation | La Jolla Country Club Employee Scholarship Fund | $10,000 |
| Hotchkiss School | Giving Day 2018 | $5,000 |
| Hotchkiss School | The Hotchkiss Fund/Parents Fund | $5,000 |
| Skidmore College | General & Unrestricted | $5,000 |
| The Gillispie School | General & Unrestricted | $5,000 |
| Boys to Men Mentoring Network Inc | General & Unrestricted | $2,500 |
| Honorary Deputy Sheriffs Association of San Diego | General & Unrestricted | $2,500 |
| Neurolab 360 | General & Unrestricted | $2,500 |
| University of Notre Dame du Lac | General & Unrestricted | $1,000 |
Officers and trustees
- Karen M Stone
- Michael R Stone
Questions people ask
Does The Michael and Karen Stone Family Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Michael and Karen Stone Family Foundation Inc give?
$2.9 million in tax year 2024, across 38 grants, with a typical grant of $25,000.
Who runs The Michael and Karen Stone Family Foundation Inc?
Its 2024 filing lists Karen M Stone (Dir) and Michael R Stone (Pres, Dir, Sec).
What does The Michael and Karen Stone Family Foundation Inc fund?
Based on its grants, mainly education, environment and conservation and arts and culture.