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Sandstone Foundation EIN 47-2442291 Form 990 (PDF) Claim this org

Sandstone Foundation FY2021 filing

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A private foundation based in Mayfield Hts, OH. It reported about $611K in revenue for 2021. For fiscal year 2021 it reported $611K in revenue, $236K in expenses, and $997K in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Mayfield Hts, OH
Filings
6 on file (2020–2021)
Revenue
$611KFY2021
Expenses
$236K
Net assets
$997K
People
0
Filings
6
Updates
0
More identity details & actions ⌄
EIN  47-2442291 Private foundation / grantmaker Mayfield Hts, OH
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
A private foundation based in Mayfield Hts, OH. It reported about $611K in revenue for 2021.
Money in and out
$611K revenue, $236K expenses
Bottom line
—
Grants paid & assets · FY2021
Total revenue
$611K
Pt VIII · Ln 12
Total expenses
$236K
Pt IX · Ln 25
Net assets
$997K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $375K
Total assets
997K
deployed as grants and operations
Grants paid
230K
in FY2021
Grants made
26grants
total in period
Payout rate
23%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 26 grants · $199K · 2025–2025
Positive Education ProgramFY2025$37,516
UCLA FoundationFY2025$31,500
The Bail ProjectFY2025$30,000
A Place for MeFY2025$25,000
ACLU of OhioFY2025$20,000
Sisters of Notre DameFY2025$7,500
Museum of Contemporary Art (moca)FY2025$7,500
Team Seneca NavyFY2025$7,500
The Cleveland FoundationFY2025$5,000
Cleveland PlayhouseFY2025$5,000
The Old GlobeFY2025$3,000
Playhouse SquareFY2025$3,000
La Jolla PlayhouseFY2025$3,000
BorderlightFY2025$2,557
Greater Cleveland FoodbankFY2025$2,073
Open DoorsFY2025$2,000
Chagrin History CenterFY2025$1,500
The Centers for Families and ChildrenFY2025$1,100
See all 26 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$8K
Median grantPart XV$3K
Largest grantPart XV$38K

Summary of the Filing

Part I · fiscal year 2021 · Form 990-PF
Revenue
$611K
FY2021▲ +299%
Expenses
$236K
FY2021▼ -9%
Total assets
$997K
FY2021▲ +61%
Total liabilities
$0
FY2021
Total revenue
$611K
Pt VIII · Ln 12
Total expenses
$236K
Pt IX · Ln 25
Net assets
$997K
Pt X · Ln 32
Total assetsPt II$997K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSandstone Foundation
EINHdr · item D47-2442291
Principal addressHdr · item CMayfield Hts, OH
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFApr 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported
See Sandstone Foundation executive salaries →

Statement of Revenue

Part VIII
Contributions & grants$400K · 65%
Investment income$211K · 35%
Contributions & grants65%$400K
Investment income35%$211K
Total revenueLn 12$611K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.97 Operating & administrative $0.03
Grants & contributions paid97%$230K
Operating & administrative3%$7K
Total functional expensesLn 25$236K

Balance Sheet

Part X · end of year
CashLn 1$540K
Total assetsLn 16$997K
Total liabilitiesLn 26$0
Total net assetsLn 32$997K
Months of cash on handcomputed27.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $997K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $611K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $611K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $611K · Prior year $153K
+299%
Net-asset trend (YoY)
End of year $997K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $611K · Expenses $236K
+61%
Liabilities-to-Assets
Total liabilities — · Total assets $997K
—
Net-asset ratio
Net assets $997K · Total assets $997K
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $236K
No individual compensation reported on this filing
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 299%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$600K revenue · ⤓ 990 PDF
FY2024$228K revenue · ⤓ 990 PDF
FY2023$219K revenue · ⤓ 990 PDF
FY2022$119K revenue · ⤓ 990 PDF
FY2021$611K revenue · viewing · ⤓ 990 PDF
FY2020$153K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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