Quick Stats
- Annual Giving: $1,480,720
- Success Rate: N/A (invitation-only)
- Decision Time: By trustee discretion
- Grant Range: Data not publicly available
- Geographic Focus: International/Global
Contact Details
- Website: None publicly available
- Phone: Not publicly listed
- Email: Not publicly listed
- Foundation Management: Foundation Source, 501 Silverside Rd, Wilmington, DE 19809
Overview
The Michael And Karen Stone Family Foundation Inc is a private independent foundation established to support children's causes and tackle poverty around the world. With annual giving of approximately $1.5 million, the foundation operates through trustee discretion, making grants to preselected charitable organizations aligned with their mission. The foundation is led by Michael Stone, Co-Managing Partner & Chief Investment Officer of The Rise Fund at TPG, a globally recognized impact investment fund launched in 2017 by Jeff Skoll, Bono, and Bill McGlashan. Stone brings extensive experience in impact investing with measurable social and environmental outcomes, serving on boards including Rady Children's Hospital, Duke University, and ME to WE.
Funding Priorities
Grant Programs
The foundation makes contributions to preselected charitable organizations. Specific grant amounts and programs are not publicly disclosed, but total annual giving was $1,480,720 in the most recent reporting period.
Priority Areas
- Children's causes and welfare
- Global poverty alleviation
- International development initiatives
What They Don't Fund
Not specified in public documents, though the foundation explicitly does not accept unsolicited requests for funds.
Governance and Leadership
Michael Stone - Founder/Trustee
- Co-Managing Partner & Chief Investment Officer, The Rise Fund at TPG
- Board Member, ME to WE
- Director, Rady Children's Hospital
- Trustee, Duke University (as of 2024)
- Director, The Fuqua School of Business
- Founder, Map & Atlas Museum of La Jolla, California
Michael Stone brings extensive investment and philanthropic expertise to the foundation, with particular focus on impact investing that delivers measurable social and environmental outcomes.
Application Process & Timeline
How to Apply
This funder does not have a public application process. The foundation explicitly states it "does not accept unsolicited requests for funds." Grants are awarded to preselected charitable organizations chosen by the foundation's trustees based on alignment with their mission to support children's causes and address global poverty.
Decision Timeline
Grant decisions are made at the discretion of trustees throughout the year. No public timeline is available.
Success Rates
Not applicable - the foundation works only with preselected organizations.
Reapplication Policy
Not applicable - the foundation does not accept applications.
Application Success Factors
Since this foundation does not accept unsolicited applications, traditional application success factors do not apply. Organizations that align with the foundation's focus on children's welfare and global poverty alleviation, and that have established credibility in these areas, may be identified by trustees for support. Given Michael Stone's professional network and board positions, organizations connected to:
- Duke University and The Fuqua School of Business
- Rady Children's Hospital
- ME to WE's international development initiatives
- TPG's Rise Fund portfolio companies with social impact missions
may have natural alignment and visibility to the foundation's leadership.
Key Takeaways for Grant Writers
- This foundation does not accept unsolicited grant applications - all grants are made to preselected organizations
- Focus areas are children's causes and global poverty alleviation
- Annual giving totals approximately $1.5 million distributed across multiple organizations
- Leadership has deep connections to impact investing, children's healthcare, and international development sectors
- Organizations seeking support would need to establish visibility through sector leadership rather than direct application
- Given the trustees' backgrounds, demonstrating measurable social and environmental outcomes would likely resonate
References
- ProPublica Nonprofit Explorer - Michael And Karen Stone Family Foundation Inc. Accessed February 25, 2026. https://projects.propublica.org/nonprofits/organizations/50544633
- CauseIQ - Michael and Karen Stone Family Foundation Profile. Accessed February 25, 2026. https://www.causeiq.com/organizations/michael-and-karen-stone-family-foundation,050544633/
- Grantmakers.io - Michael And Karen Stone Family Foundation Inc Profile. Accessed February 25, 2026. https://www.grantmakers.io/profiles/v0/050544633-michael-and-karen-stone-family-foundation-inc/
- GuideStar - Michael And Karen Stone Family Foundation Inc. Accessed February 25, 2026. https://www.guidestar.org/profile/05-0544633
- ME to WE - Michael Stone Board Profile. Accessed February 25, 2026. https://metowe.com/about-us/michael-stone
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