Robert F Stone Foundation AKA Bobby Stone
The Robert F Stone Foundation is a private foundation based in Wilmington, Delaware. The foundation manages substantial assets and distributes grants across multiple states to support various charitable causes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.5M
-6.8% YoY
Annual Giving
$3.8M
+34.1% YoY
Grant Count
120
+20.0% YoY
Avg Grant Size
$32K
+11.7% YoY
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$5,000
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Geographic Focus
Where this funder awards grants
The foundation supports charitable work across seven states:
- Alabama
- Colorado
- Georgia
- North Carolina
- Tennessee
- Texas
- Virginia
Key cities funded include Chattanooga, Nashville, and Asheville.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2023):
- Total assets: $20.9 million
- Total giving: $2.8 million
- Annual expenses: approximately $3.1 million
- Annual revenue: approximately $6.9 million
Historical Comparison (2022):
- Total assets: $17.2 million
- Total giving: $2.5 million
- Number of grants: 76
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,497,877 | $20,918,850 | $17,166,179 |
| Revenue | $2,718,991 | $6,880,413 | $1,630,356 |
| Expenses | $4,139,964 | $3,127,742 | $2,855,572 |
| Qualifying Distributions | $3,986,342 | $3,013,987 | $2,729,244 |
| Net Investment Income | $2,702,353 | $426,368 | $1,284,399 |
| Distributable Amount | $1,389,264 | $1,240,257 | $1,017,407 |
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
250 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
The foundation's leadership team includes:
- Danna Bailey
- David Brock
- Thomas H. Hopper
- Bryan Patten
- Michael Pollock (only compensated director)
- Keith Sanford
- Lee Towery
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Danna Bailey | Dir | 1 | — |
| David Brock | Dir | 1 | — |
| Thomas H Hopper | Pres | 1 | — |
| Bryan Patten | Dir | 1 | — |
| Michael Pollock | Dir | 40 | $92,500 |
| Keith Sanford | Dir | 1 | — |
| Lee Towery | Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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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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