Sunstone Foundation
EIN 881593190About
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $945,904. This amount represents 25% or more of the Foundation's net assets of $561,379 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2022 | $37K | $1.2M | $1.3M | 14 |
| 2023 | $775K | $561K | $530K | 99 |
| 2024 | $946K | $495K | $1.2M | 102 |
Grant Size Distribution
Based on 215 grants on record
Geographic Distribution
Texas Counties Served
Top 2 counties
- 1 Travis
- 2 Harris
Officers & Directors
Grants Awarded (215 total)
| Purpose | ||||
|---|---|---|---|---|
| The Education Partnership | Pittsburgh, PA | $173,759 | General & Unrestricted | 2024 |
| Book Fairies Inc | Freeport, NY | $77,185 | General & Unrestricted | 2024 |
| Governors Early Literacy Foundation | Nashville, TN | $55,000 | General & Unrestricted | 2024 |
| Governors Early Literacy Foundation | Nashville, TN | $45,000 | General & Unrestricted | 2023 |
| Book Fairies Inc | Freeport, NY | $40,000 | General & Unrestricted | 2023 |
| Little Free Library Ltd | Saint Paul, MN | $36,953 | General & Unrestricted (IN-KIND GRANTS - SEE GENERAL EXPLANATION) | 2023 |
| Reading Is Fundamental Pittsburg | Pittsburgh, PA | $35,000 | General & Unrestricted | 2024 |
| Treehouse | Seattle, WA | $35,000 | General & Unrestricted | 2024 |
| Make Way for Books | Tucson, AZ | $30,000 | General & Unrestricted | 2023 |
| Lambert House | Seattle, WA | $29,612 | General & Unrestricted | 2024 |
| Assistance League of Los Angeles | Los Angeles, CA | $26,700 | General & Unrestricted | 2023 |
| Every Child a Reader in Escambia | Pensacola, FL | $25,411 | General & Unrestricted | 2023 |
| Jersey City Connections Inc | Jersey City, NJ | $25,000 | General & Unrestricted | 2023 |
| Kidsmart | New Orleans, LA | $25,000 | General & Unrestricted | 2023 |
| Special Olympics North Carolina Inc | Morrisville, NC | $25,000 | General & Unrestricted | 2023 |
| Band Together | Raleigh, NC | $25,000 | General & Unrestricted | 2024 |
| Everyones Dream Come True | Austin, TX | $25,000 | Dream Achiever Wrap-Around Program | 2024 |
| North Carolina Business Leaders for Education | Cary, NC | $25,000 | General & Unrestricted | 2024 |
| Promising Pages | Charlotte, NC | $25,000 | General & Unrestricted | 2024 |
| Reading Quest | Santa Fe, NM | $25,000 | General & Unrestricted | 2024 |
| Shadow Project | Portland, OR | $25,000 | General & Unrestricted | 2024 |
| Special Olympics North Carolina Inc | Morrisville, NC | $25,000 | General & Unrestricted | 2024 |
| The Alice Aycock Poe Center for Health Education | Raleigh, NC | $22,558 | General & Unrestricted | 2023 |
| Community Partners | Los Angeles, CA | $20,000 | General & Unrestricted | 2024 |
| Peak Education | Colorado Spgs, CO | $20,000 | General & Unrestricted | 2024 |