Skip to content
Nonprofiteer
← TONY STEWART FOUNDATION INC

Form 990 for tax year 2023

Filed by TONY STEWART FOUNDATION INC.

Totals

Total revenue
$620,047
Total expenses
$849,712
Contributions and grants received
$187,225
Grants paid
$635,502
Program service revenue
$0
Investment income
$81,025
Other revenue
$351,797
Total assets, end of year
$2,715,484
Total liabilities, end of year
$61,115
Net assets or fund balances, end of year
$2,654,369
Program services expenses (Part IX)
$687,585
Management and general expenses
$54,902
Fundraising expenses
$107,225
Program service expenses (Part III)
$687,585

Program services were 80.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $187,225

  • 3 · Investment income

    total $66,689 · related or exempt $66,689

  • 7a · Gross sales of assets other than inventory

    securities $1,649,147 · other assets $4

  • 7b · Less cost or other basis and sales expenses

    securities $1,634,815

  • 7c · Gain or loss

    securities $14,332 · other assets $4

  • 7d · Net gain or loss

    total $14,336 · related or exempt $14,336

  • 8a · Fundraising events: gross income

    $122,576

  • 8b · Fundraising events: direct expenses

    $41,424

  • 8c · Net income from fundraising events

    total $81,152

  • 9a · Gaming: gross income

    $1,436,882

  • 9b · Gaming: direct expenses

    $1,190,137

  • 9c · Net income from gaming

    total $246,745 · related or exempt $246,745

  • 11a · Other revenue: BMV SPECIALTY LICENSE PLATES

    total $23,900 · excluded $23,900

  • 11e · Other revenue, total

    $23,900

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $635,502 · program services $635,502

  • 7 · Other salaries and wages

    total $101,000 · program services $40,400 · management and general $20,200 · fundraising $40,400

  • 9 · Other employee benefits

    total $21,932 · program services $8,773 · management and general $4,386 · fundraising $8,773

  • 10 · Payroll taxes

    total $7,275 · program services $2,910 · management and general $1,455 · fundraising $2,910

  • 11b · Fees: legal

    total $311 · management and general $311

  • 11c · Fees: accounting

    total $15,000 · management and general $15,000

  • 12 · Advertising and promotion

    total $31,522 · fundraising $31,522

  • 13 · Office expenses

    total $5,159 · management and general $2,064 · fundraising $3,095

  • 14 · Information technology

    total $166 · management and general $166

  • 16 · Occupancy

    total $7,785 · management and general $7,785

  • 17 · Travel

    total $5,239 · fundraising $5,239

  • 22 · Depreciation, depletion and amortization

    total $977 · management and general $977

  • 24a · Other expenses: DUES, FEES & LICENSES

    total $15,286 · fundraising $15,286

  • 24b · Other expenses: PAYROLL PROCESSING

    total $1,827 · management and general $1,827

  • 24c · Other expenses: BANK AND CREDIT CARD FEES

    total $500 · management and general $500

  • 24d · Other expenses: MEALS

    total $143 · management and general $143

  • 24e · All other expenses

    total $88 · management and general $88

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $331,730 · end of year $156,468

  • 4 · Accounts receivable

    beginning of year $3,500 · end of year $3,500

  • 10a · Land, buildings and equipment: cost or other basis

    $19,898

  • 10b · Land, buildings and equipment: accumulated depreciation

    $16,106

  • 10c · Land, buildings and equipment, net

    beginning of year $5,374 · end of year $3,792

  • 11 · Investments: publicly traded securities

    beginning of year $2,577,139 · end of year $2,551,674

  • 15 · Other assets

    beginning of year $50 · end of year $50

  • 17 · Accounts payable and accrued expenses

    beginning of year $13,572 · end of year $15,620

  • 25 · Other liabilities

    beginning of year $3,455 · end of year $45,495

  • 27 · Net assets without donor restrictions

    beginning of year $900,766 · end of year $654,369

  • 28 · Net assets with donor restrictions

    beginning of year $2,000,000 · end of year $2,000,000

Mission and programs · 2023

Mission

TO ENGAGE IN THE PROMOTION OF HEALTH BY PROVIDING GRANTS TO CHRONICALLY ILL CHILDREN AND/OR THEIR FAMILIES, CHARITABLE ORGANIZATIONS DEVOTED TO IMPROVING THE WELL-BEING FOR VARIOUS ANIMALS, AND INDIVIDUALS INJURED IN MOTORSPORTS ACTIVITIES AND/OR THEIR FAMILIES AND OTHER ORGANIZATIONS THAT PROVIDE SIMILAR SERVICES.

  • SUPPORT ORGANIZATIONS WHICH ADDRESS THE PHYSICAL WELL-BEING OF CHILDREN WITH CRITICAL OR LIFE-THREATENING ILLNESS OR INJURY.

    Expenses $232,647 · Grants $232,647

  • SUPPORT ORGANIZATIONS WHICH IMPROVE THE PHYSICAL WELL-BEING AND/OR ADDRESS CONSERVATION FOR ANIMALS.

    Expenses $159,000 · Grants $159,000

  • SUPPORT ORGANIZATIONS WHICH PROVIDE SERVICES TO INJURED MOTORSPORTS DRIVERS AND THEIR FAMILIES.

    Expenses $243,855 · Grants $243,855

  • SUPPORT ORGANIZATIONS THAT ADDRESS THE PHYSICAL WELL BEING OF THOSE WITH AN ILLNESS.

    Expenses $52,083

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Anthony W Stewart

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Nelson H Stewart

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2

  • Pamela A Boas

    TREASURER

    Total calculated
    $0
    Hours/week
    10

  • Natalie K Repenning

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Erica Raisor

    EXECUTIVE DI

    Total calculated
    $101,000
    From this org
    $101,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.0
Source object
202443209349303189

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.