Albert H & Reuben S Stone Fund

EIN 046050419

Sterling, MA 01564 |(978) 630-2800

Total Given 2019–2023
$756K
159 grants · $151K avg/year
based on 5 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$2K
typical micro grants · $2K–$4K
grant size
54%
supporter · 41/76 multi-year
repeat
$3.4M
Assets (2023)
76
Distinct Recipients

Focus Areas

Education

Application Information

Accepts Unsolicited Proposals Unknown
Contact Person Carlton E Nichols Jr
Phone (978) 630-2800
Deadlines High school seniors May 1st and college students June 1st.
How to Apply Completed scholarship application.For high school seniors only, a letter of recommendation from one of the applicants teachers.Signed and completed most recent federal income tax return of the applicants parents.Statement of estimated expenses and estimated support.Essay that states your educational goals, goals in life or of a family, financial or other circumstances that you feel merit special consideration.Resume that includes extracurricular activities.Copy of financial aid award letter from the college you are planning on attending.
Restrictions Restricted to post secondary education for boys and girls who are residents of Gardner, Massachusetts, whether they attend Gardner High School or any other high school.

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2019 $151K $3.4M $241K 1
2020 $154K $3.4M $96K 47
2021 $128K $3.7M $155K 40
2022 $152K $3.3M $160K 34
2023 $171K $3.4M $148K 37

Grant Size Distribution

Based on 159 grants on record

Minimum
$250
25th Pctl
$2K
Median
$2K
Average
$5K
75th Pctl
$4K
Maximum
$151K

Geographic Distribution

US Grant Distribution Map

Officers & Directors

DB
Donna J Belle-Isle
Trustee
CN
Catherine T Nichols 5+ yrs
Trustee
CN
Carlton E Nichols 5+ yrs
Trustee

Grants Awarded (159 total)

Purpose
Scholarships Awarded-See Attached S Gardner, MA $150,676 Scholarships 2019
University of Mass Amherst, MA $38,500 Scholarship 2023
University of Mass Amherst, MA $29,000 Scholarship 2022
University of Massachusetts Amherst Amherst, MA $21,500 Scholarships 2020
University of Mass Amherst, MA $21,250 Scholarship 2021
Fitchburg University Fichburg, MA $20,150 Scholarships 2022
Fitchburg University Fichburg, MA $17,250 Scholarships 2023
Worcester State Univeersity Worcester, MA $16,250 Scholarships 2023
Worcester State Univeersity Worcester, MA $12,250 Scholarships 2022
Fitchburg State University Fitchburg, MA $12,150 Scholarships 2020
University of Massachusetts Lowell Lowell, MA $9,750 Scholarships 2020
Fitchburg University Fichburg, MA $9,650 Scholarship 2021
Salem State University Salem, MA $8,000 Scholarship 2021
Salem State University Salem, MA $7,500 Scholarships 2020
Salem State University Salem, MA $7,500 Scholarships 2023
Salem State University Salem, MA $7,500 Scholarships 2022
Saint Anselm College Manchester, NH $7,250 Scholarships 2022
Wentworth Institute of Technology Boston, MA $7,000 Scholarships 2020
Saint Anselm College Manchester, NH $7,000 Scholarships 2023
Franklin Pierce College Rindge, NH $6,000 Scholarships 2020
Framingham State University Framingham, MA $5,750 Scholarhip 2023
Assumption College Worcester, MA $5,500 Scholarship 2021
Endicott College Beverly, MA $5,500 Scholarship 2021
Mount Wachusett Community College Gardner, MA $5,500 Scholarships 2023
Stonehill College Easton, MA $5,250 Scholarships 2020