Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
STONE FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 30304
  Room/suite
City or town
SANTA BARBARA
State or province
CA
Country  
ZIP or foreign postal code
93130
A Employer identification number

84-1549096
B Telephone number (see instructions)

8059627496
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$69,808,106J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check .................
3 Interest on savings and temporary cash investments 146 146  
4 Dividends and interest from securities... 1,192,059 1,192,059  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,652,085
b Gross sales price for all assets on line 6a 32,771,279
7 Capital gain net income (from Part IV, line 2)... 5,652,085
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 6,844,290 6,844,290  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,195 0   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
175,170 0   105,102
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
84,953 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
12,737 0   3,000
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 276,055 0   108,102
25 Contributions, gifts, grants paid....... 2,910,000 2,910,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 3,186,055 0   3,018,102
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,658,235
b Net investment income (if negative, enter -0-) 6,844,290
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,400 1,400 1,400
2 Savings and temporary cash investments......... 604,515 855,781 855,781
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 51,254,982 Click to see attachment
List of Attached Documents:
// Content
54,661,951 		68,950,925
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 51,860,897 55,519,132 69,808,106
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 51,860,897 55,519,132
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 51,860,897 55,519,132
30 Total liabilities and net assets/fund balances (see instructions). 51,860,897 55,519,132
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
51,860,897
2
Enter amount from Part I, line 27a .....................
2
3,658,235
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
55,519,132
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
55,519,132
Form 990-PF (2025)
Form 990-PF (2025)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a CHARLES SCHWAB P    
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 32,321,179   27,119,194 5,201,985
b 450,100     450,100
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       5,201,985
b       450,100
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 5,652,085
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 95,136
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 95,136
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 95,136
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 44,840
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 44,840
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 50,296
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
CO
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressN/A
14
The books are in care ofROBERT STONE Telephone no. (805) 962-7496

Located at2035 LAS TUNAS ROADSANTA BARBARACA ZIP+493103
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ROBERT R STONE PRESIDENT
3.00 		0 0 0
P O BOX 30304
SANTA BARBARA,CA93130
DORIAN R STONE V/PRES
0.00 		0 0 0
P O BOX 30304
SANTA BARBARA,CA93130
ADRIENNE M STONE V/PRES
2.00 		0 0 0
P O BOX 30304
SANTA BARBARA,CA93130
ADAM R STONE V/PRES
0.00 		0 0 0
P O BOX 30304
SANTA BARBARA,CA93130
IRENE S STONE SEC/TREAS
1.00 		0 0 0
P O BOX 30304
SANTA BARBARA,CA93130
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
65,664,497
b
Average of monthly cash balances.......................
1b
614,025
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
66,278,522
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
66,278,522
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
994,178
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
65,284,344
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
3,264,217
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
3,264,217
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
95,136
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
95,136
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,169,081
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,169,081
6
Deduction from distributable amount (see instructions) .................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
3,169,081
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........
1a
3,018,102
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,018,102
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 3,169,081
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 2,907,410
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 3,018,102
a Applied to 2024, but not more than line 2a 2,907,410
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		0
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		0
d Applied to 2025 distributable amount..... 110,692
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		3,058,389
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ADVANCING GIRLS EDUCATION IN AFRICA

1763 COLUMBIA RD NW
WASHINGTON,DC20009 		NONE   GENERAL 30,000

AFRICAN WOMEN RISING

801 COLD SPRINGS ROAD
SANTA BARBARA,CA93108 		NONE   GENERAL 30,000

ALLSIDES EDUCATION FUND

8275 E 11TH AVE 200241
DENVER,CO80220 		NONE   GENERAL 50,000

AMERICAN ASSOCIATION OF UNIVERSITY WOMEN CALIFORNIA SPECIAL PROJECTS FUND

PO BOX 160067
SACRAMENTO,CA95816 		NONE   GENERAL 5,000

AMERICAN CIVIL LIBERTIES UNION

125 BROAD ST18TH FLOOR
NEW YORK,NY10004 		NONE   GENERAL 10,000

ASSOCIATION FOR WALDORF EDUCATION IN DAVIS

3100 SYCAMORE LANE
DAVIS,CA95616 		NONE   GENERAL 10,000

BOYS AND GIRLS CLUB OF SANTA BARBARA

623 EAST CANON PERDIDO ST
SANTA BARBARA,CA93103 		NONE   GENERAL 30,000

CALIFORNIA COASTKEEPER ALLIANCE

1017 L ST PMB 308
SACRAMENTO,CA95814 		NONE   GENERAL 40,000

CAMBODIAN CHILDRENS FUND

2461 SANTA MONICA BLVD PMB 833
SANTA MONICA,CA90404 		NONE   GENERAL 30,000

CENTER FOR COUNTERING DIGITAL HATE

1250 CONNECTICUT AVE NO STE 700
WASHINGTON,DC20036 		NONE   GENERAL 10,000

CENTER FOR REPRODUCTION RIGHTS

199 WATER ST 22ND FLOOR
NEW YORK,NY10038 		NONE   GENERAL 10,000

CENTRAL ASIA INSTITUTE

PO BOX 7209
BOZEMAN,MT59771 		NONE   GENERAL 30,000

CHANNEL ISLANDS RESTORATION

PO BOX 402285
SANTA BARBARA,CA93140 		NONE   GENERAL 30,000

CHILD ABUSE LISTENING MEDIATION

1236 CHAPALA STREET
SANTA BARBARA,CA93101 		NONE   GENERAL 15,000

CHILDRENS HOSPITAL COLORADO FOUNDATION

13123 E 16TH AVENUE B045
AURORA,CO80045 		NONE   GENERAL 20,000

CLASSICAL KUSC

PO BOX 7913
LOS ANGELES,CA90007 		NONE   GENERAL 15,000

COLORADO PUBLIC TELEVISION INC

PO BOX 1740
DENVER,CO80201 		NONE   GENERAL 7,000

COMMUNITY PARTNERS FOR YOUTHWELL

PO BOX 741265
LOS ANGELES,CA90074 		NONE   GENERAL 10,000

CONSTRUCTIVE DIALOGUE INSTITUTE

244 MADISON AVE 1098
NEW YORK,NY10016 		NONE   GENERAL 50,000

COURT APPOINTED SPECIAL ADVOCATES OF SANTA BARBARA COUNTY

2125 S BROADWAY STE 106
SANTA MARIA,CA93454 		NONE   GENERAL 30,000

CRISIS TEXT LINE

PO BOX 24163
NEW YORK,NY10087 		NONE   GENERAL 15,000

DENVER DUMB FRIENDS LEAGUE

2080 S QUEBEC STREET
DENVER,CO80231 		NONE   GENERAL 6,000

DIRECT RELIEF

6100 WALLACE BECKNELL ROAD
SANTA BARBARA,CA93117 		NONE   GENERAL 5,000

DOMESTIC VIOLENCE SOLUTIONS FOR SANTA BARBARA COUNTY

3888 STATE ST
SANTA BARBARA,CA93105 		NONE   GENERAL 5,000

EARTH JUSTICE

180 STEUART ST 194330
SAN FRANCISCO,CA94105 		NONE   GENERAL 50,000

ENSEMBLE THEATRE COMPANY OF SANTA BARBARA

PO BOX 2307
SANTA BARBARA,CA93120 		NONE   GENERAL 5,000

ENVIRONMENTAL DEFENSE CENTER

906 GARDEN ST
SANTA BARBARA,CA93101 		NONE   GENERAL 40,000

ESSENTIAL PARTNERS

PO BOX 400175
CAMBRIDGE,MA02140 		NONE   GENERAL 50,000

FAMILY SERVICE AGENCY

123 W GUTTIEREZ ST
SANTA BARBARA,CA93101 		NONE   GENERAL 30,000

FOOD BANK OF SANTA BARBARA COUNTY

4554 HOLLISTER AVE
SANTA BARBARA,CA93110 		NONE   GENERAL 5,000

FOUNDATION FOR COLORADO COMMUNITY COLLEGE

9101 E LAWRY BLVD
DENVER,CO80230 		NONE   GENERAL 100,000

GIRL DETERMINED

105 A LEW DEWITT BLVD STE 199
WAYNESBORO,VA22980 		NONE   GENERAL 30,000

GIRLS INC OF GREATER SANTA BARBARA

PO BOX 236
SANTA BARBARA,CA93102 		NONE   GENERAL 5,000

HOSPICE OF SAN LUIS COUNTY

1304 PACIFIC STREET
SAN LUIS OBISPO,CA93401 		NONE   GENERAL 30,000

HOSPICE OF SANTA BARBARA

2050 ALAMEDA PADRE SERRA
SANTA BARBARA,CA93105 		NONE   GENERAL 30,000

HOSPICE OF THE CONEJO

80 E HILLCREST DR STE 204
THOUSAND OAKS,CA91360 		NONE   GENERAL 30,000

HUMAN RIGHTS WATCH

350 FIFTH AVENUE 34TH FLOOR
NEW YORK,NY101183299 		NONE   GENERAL 40,000

KCLU

60 WEST OLSEN ROAD 4400
THOUSAND OAKS,CA91360 		NONE   GENERAL 15,000

LAND TRUST OF SANTA BARBARA COUNTY

PO BOX 91830
SANTA BARBARA,CA93190 		NONE   GENERAL 40,000

LANDPATHS

618 4TH ST STE 217
SANTA ROSA,CA95401 		NONE   GENERAL 5,000

LARADON HALL SOCIETY FOR EXCEPTIONAL CHILDREN

5100 LINCOLN STREET
DENVER,CO80216 		NONE   GENERAL 20,000

LEAGUE OF WOMEN VOTERS OF SANTA BARBARA

3463 STATE ST STE 260
SANTA BARBARA,CA93105 		NONE   GENERAL 5,000

LEAP - ISLA VISTA YOUTH PROJECTS

PO BOX 1332
GOLETA,CA93116 		NONE   GENERAL 30,000

LEGAL AID FOUNDATION OF SANTA BARBARA COUNTY

301 E CANON PERDIDO ST
SANTA BARBARA,CA93103 		NONE   GENERAL 15,000

LIMITLESS HORIZONS INTL

PO BOX 3120
SANTA CRUZ,CA95063 		NONE   GENERAL 30,000

LONG NOW FOUNDATION

PO BOX 475668
SAN FRANCISCO,CA94147 		NONE   GENERAL 10,000

LOS PADRES FORESTWATCH

PO BOX 831
SANTA BARBARA,CA93102 		NONE   GENERAL 30,000

MAIA

1031 33RD ST STE 176
DENVER,CO80205 		NONE   GENERAL 30,000

MARINE MAMMAL CENTER

200 BUNKER ROAD FORT CONKHITE
SAUSALITO,CA94965 		NONE   GENERAL 5,000

MARIPOSA DR FOUNDATION

PO BOX 425
ITHACA,NY14851 		NONE   GENERALGENERAL 30,000

MENTAL WELLNESS CENTER

617 GARDEN ST
SANTA BARBARA,CA93101 		NONE   GENERAL 10,000

MISSION SCHOLARS

133 E DE LA GUERRA 366
SANTA BARBARA,CA93101 		NONE   GENERAL 30,000

MUSIC ACADEMY OF THE WEST

1070 FAIRWAY ROAD
SANTA BARBARA,CA93108 		NONE   GENERAL 5,000

NATURAL RESOURCE DEFENSE COUNCIL

40 WEST 20TH ST 11TH FLOOR
NEW YORK,NY18011 		NONE   GENERAL 50,000

NEW BEGINNINGS COUNSELING CENTER

530 EAST MONTECITO ST STE 101
SANTA BARBARA,CA93103 		NONE   GENERAL 15,000

NEWS LITERACY PROJECT

5335 WISCONSIN AVE NW STE 440
WASHINGTON,DC20015 		NONE   GENERAL 50,000

NEWSWELL

PO BOX 877405
TEMPE,AZ85287 		NONE   GENERALGENERAL 10,000

NORTHERN NEVADA LITERACY COUNCIL

1400 WEDEKIND RD
RENO,NV89512 		NONE   GENERAL 50,000

OPENSECRETS

1100 13TH ST NW STE 800
WASHINGTON,DC20005 		NONE   GENERAL 10,000

PBS SOCAL

PO BOX 6009
WHITTIER,CA90607 		NONE   GENERAL 25,000

PLANNED PARENTHOOD OF SANTA BARBARA VENTURA AND SAN LUIS OBISPO COUNTIES

518 GARDEN STREET
SANTA BARBARA,CA93101 		NONE   GENERAL 15,000

PROJECT ON GOVERNMENT OVERSIGHT

PO BOX 34758
WASHINGTON,DC20043 		NONE   GENERALGENERAL 10,000

PUTAH CREEK COUNCIL

PO BOX 1258
WINTERS,CA95694 		NONE   GENERAL 30,000

RANDALL MUSEUM FRIENDS

199 MUSEUM WAY
SAN FRANCISCO,CA94114 		NONE   GENERAL 10,000

READ GLOBAL

2261 MARKET ST 32
SAN FRANCISCO,CA94114 		NONE   GENERAL 225,000

RISE UP

1999 HARRISON ST STE 1800 MAILBOX
9059
OAKLAND,CA94612 		NONE   GENERAL 30,000

ROCKY MOUNTAIN PUBLIC BROADCASTING NETWORK INC

2101 ARAPAHOE ST
DENVER,CO80205 		NONE   GENERAL 7,000

RUSSIAN RIVERKEEPER

PO BOX 1335
HEALDSBURG,CA95448 		NONE   GENERAL 5,000

SANCTUARY CENTERS OF SANTA BARBARA

PO BOX 551
SANTA BARBARA,CA93102 		NONE   GENERAL 10,000

SANTA BARBARA BOTANIC GARDEN

1212 MISSION CANYON ROAD
SANTA BARBARA,CA93105 		NONE   GENERALGENERAL 30,000

SANTA BARBARA CHANNELKEEPER

714 BOND AVE
SANTA BARBARA,CA93103 		NONE   GENERAL 30,000

SANTA BARBARA EDUCATION FOUNDATION

1528 CHAPALA ST STE 308
SANTA BARBARA,CA93101 		NONE   GENERAL 80,000

SANTA BARBARA MUSEUM OF ART

1130 STATE STREET
SANTA BARBARA,CA93101 		NONE   GENERAL 30,000

SANTA BARBARA MUSEUM OF NATURAL HISTORY

2559 PUESTA DEL SOL
SANTA BARBARA,CA93105 		NONE   GENERAL 30,000

SANTA BARBARA PERFORMING ARTS CENTER

PO BOX 21046
SANTA BARBARA,CA93121 		NONE   GENERAL 15,000

SANTA BARBARA PUBLIC LIBRARY FDN

PO BOX 92137
SANTA BARBARA,CA93190 		NONE   GENERAL 5,000

SANTA BARBARA SYMPHONY

1330 STATE STREET
SANTA BARBARA,CA93101 		NONE   GENERAL 5,000

SANTA BARBARA ZOOLOGICAL GARDENS

500 NINOS DRIVE
SANTA BARBARA,CA93105 		NONE   GENERAL 5,000

SARAH HOUSE

PO BOX 20031
SANTA BARBARA,CA93120 		NONE   GENERAL 50,000

SAVE THE WAVES COALITION

849 ALAMAR AVESTE C 163
SANTA CRUZ,CA95060 		NONE   GENERAL 50,000

SCHOLARSHIP FOUNDATION OF SANTA BARBARA

2253 LAS POSITAS ROAD
SANTA BARBARA,CA93105 		NONE   GENERAL 100,000

SHE'S THE FIRST

590 AVENUE OF THE AMERICAS 8TH
FLOOR
NEW YORK,NY10011 		NONE   GENERAL 250,000

THE BATTERY FOUNDATION

717 BATTERY STREET
SAN FRANCISCO,CA94111 		NONE   GENERAL 10,000

THE BROOKINGS INSTITUTION

1775 MASSACHUSETTS AVE NW
WASHINGTON,DC20036 		NONE   GENERAL 125,000

THE SURFRIDER FOUNDATION

PO BOX 73550
SAN CLEMENTE,CA92673 		NONE   GENERALGENERAL 40,000

TIPPING POINT COMMUNITY

220 MONTGOMERY ST STE 850
SAN FRANCISCO,CA94104 		NONE   GENERAL 20,000

TRANSITION HOUSE

425 E COTA STREET
SANTA BARBARA,CA93101 		NONE   GENERAL 25,000

UNITY SHOPPE INC

1209 STATE ST
SANTA BARBARA,CA93101 		NONE   GENERAL 5,000

UNIVERSITY OF CALIFORNIA

UNIVERSITY OF CALIFORNIA
SANTA BARBARA,CA93106 		NONE   GENERAL 130,000

WOMEN FOR WOMEN INTERNATIONAL

2000 M STREET NW
WASHINGTON,DC20036 		NONE   GENERAL 30,000

WOMEN'S FUND OF SANTA BARBARA

133 E DE LA GUERRA 15
SANTA BARBARA,CA93101 		NONE   GENERAL 10,000

WOMEN'S GLOBAL EDUCATION PROJECT

136 N MARION ST STE 201
OAK PARK,IL60301 		NONE   GENERAL 30,000

YOLO BASON FOUNDATION

PO BOX 943
DAVIS,CA95617 		NONE   GENERAL 5,000
Total ................................. 3a 2,910,000
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 146  
4 Dividends and interest from securities ....     14 1,192,059  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14    
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 5,652,085  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 6,844,290 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
6,844,290
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
STONE FAMILY FOUNDATION
EIN:
84-1549096
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 3,195 0   0

TY 2025 InvestmentsCorpStockSchedule
Name:
STONE FAMILY FOUNDATION
EIN:
84-1549096
Name of Stock End of Year Book Value End of Year Fair Market Value
CHARLES SCHWAB 54,661,951 68,950,925

TY 2025 OtherExpensesSchedule
Name:
STONE FAMILY FOUNDATION
EIN:
84-1549096
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSES 6,242 0   0
INSURANCE 2,495 0   0
DUES 4,000 0   3,000


TY 2025 OtherProfessionalFeesSchedule
Name:
STONE FAMILY FOUNDATION
EIN:
84-1549096
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEES 175,170 0   105,102


TY 2025 TaxesSchedule
Name:
STONE FAMILY FOUNDATION
EIN:
84-1549096
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 6,711 0   0
IRS 78,242 0   0