Name of Foundation: W. Clement & Jessie V. Foundation.
Location: Oak Park, Illinois
Contact Info: http://www.wcstonefnd.org/ Phone: 1(800) 288-4859
Coverage Area: Chicago, San Francisco Bay Area, New York, Philadelphia, Boston.
Subject Area: Education. Youth Development. Early Childhood Development.
Assets: $109 million (2013)
Last Year Total Giving: $4.4 million (2013)
In a nutshell:
W. Clement Stone was born in 1902 and grew up to be a successful salesman – from selling newspapers to insurance policies. Using his talent and skills, he founded Combined Insurance Company of America, which turned into a multimillion dollar enterprise, Aon Corporation in the 1980s.
After meeting his wife-to-be, Jessie Verna Tarson, in 1923, Stone dedicated a large chunk of his time, alongside Tarson to philanthropy. In the early years of what would become the Stone Foundation, efforts focused on giving grants in the four areas of mental health, education, children/youth and religion. Tarson and Stone also focused on creating self-improvement projects in prisons as well as consulting services in management and positive mental attitude training for nonprofit organizations.
Since then, the Stone Foundation has shifted its attention to the areas of education, (with an emphasis on teacher quality and principal leadership), youth development, and early childhood development.
How to Apply:
The areas of interest for the Stone Foundation are education, with an emphasis on teacher development and principal leadership; early childhood education, and youth development. The foundation solely concentrates it’s giving in Chicago, the San Francisco Bay Area, New York, Philadelphia, and Boston.
The Stone Foundation does not accept unsolicited proposals, but rather reaches out to nonprofit organizations that they are interested in.
More grant opportunities and guidelines can be found here.
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