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Filing year 2023

The Michael and Karen Stone Family Foundation Inc

Wilmington, Delaware·EIN 05-0544633·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$8M
Total assets
$58.1M
Total expenses
$2.9M
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2023. The Michael and Karen Stone Family Foundation Inc reported 2 unpaid officers and board members on its 990-PF.

Dir
Pres, Dir, Sec

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$2.5M

Itemized grants

20

Median grant

$35k

RecipientLocationPurposeAmount
DUKE UNIVERSITYDURHAM, NCStone Family scholarship fund, FUQUA School of Business annual fund, Lily Renovation Reserve fund, Stone-Ubben professorship fund, and Climate Literacy fund$953k
DUKE UNIVERSITYDURHAM, NCStone-Ubben Professorship (2024 contribution)$583k
DUKE UNIVERSITYDURHAM, NCLily Renovation Reserve Fund (2023 contribution)$200k
DUKE UNIVERSITYDURHAM, NCLily Renovation Reserve Fund (2024 contribution)$200k
REGENTS OF THE UNIVERSITY OF MICHIGANANN ARBOR, MIMaize & Blue Cupboard Fund$150k
DUKE UNIVERSITYDURHAM, NCClimate Literacy (2024 contribution)$125k
BISHOPS SCHOOLLA JOLLA, CAAnnual Fund$50k
BIG BROTHERS BIG SISTERS OF SAN DIEGO COUNTY INCSAN DIEGO, CAGeneral & Unrestricted$46k
SHELBURNE FARMSSHELBURNE, VTGeneral & Unrestricted$46k
VOICES FOR CHILDRENSAN DIEGO, CAGeneral & Unrestricted$46k
BISHOPS SCHOOLLA JOLLA, CAGeneral & Unrestricted$25k
LIBRARY OF CONGRESSWASHINGTON, DCGeneral & Unrestricted$25k
U C SAN DIEGO FOUNDATIONLA JOLLA, CAScripps Ocean Acidification Monitoring Program Fund$25k
CLIMATE VAULT INCCHICAGO, ILGeneral & Unrestricted$20k
DUKE UNIVERSITYDURHAM, NCDuke Libraries annual fund$10k
HOTCHKISS SCHOOLLAKEVILLE, CTThe Hotchkiss Fund effort$5k
THE GILLISPIE SCHOOLLA JOLLA, CAGeneral & Unrestricted$3k
JEWISH COMMUNITY FOUNDATION OF SAN DIEGOSAN DIEGO, CALFJCC - Shabbat San Diego$2k
BOYS TO MEN MENTORING NETWORK INCSPRING VALLEY, CAGeneral & Unrestricted$2k
NATIONAL AUDUBON SOCIETY INCAUDUBON, PAGeneral & Unrestricted$1k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Delaware

The Michael and Karen Stone Family Foundation Inc reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Delaware earns a median of $18,000.

25th percentile
$6k
Median
$18,000
75th percentile
$58k
90th percentile
$137k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 447 organizations across 447 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Delaware
FAQ

Common questions about The Michael and Karen Stone Family Foundation Inc

What are The Michael and Karen Stone Family Foundation Inc's revenue and expenses?

In 2023, The Michael and Karen Stone Family Foundation Inc reported $8M in total revenue and $2.9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.