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· Private foundation

The Heartstone Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$874k
Granted FY2025still arriving
6
Grants FY2025still arriving
3
States reached
$500k
Largest
01What it funds
0196% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Philanthropy$3.7MArts & Culture$1.5MHealth$813kEducation$560kReligion$529kInternational$500kYouth Development$200kOther$0
02FY2025 · 6 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • $10k–50k1 grant · $29k
  • $50k–250k4 grants · $345k
  • $250k+1 grant · $500k
$90,000
Median grant
3
States reached
$14M
Total assets
Largest grants
RecipientAmount
AMERICAN FRIENDS OF MAGEN DAVID ADOM$500,000
CONCORD ACADEMY$100,000
THE BELMONT SCHOOL$90,000
EAGLE FOUNDATION OF MASSACHUSETTS$85,000
FIDELITY CHARITABLE$69,601
TEMPLE OHABEI SHALOM$29,310
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY17–25) land where the poverty rate runs at 12%, against an area that typically sits at 8%. 65% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 8%THE CHESTNUT HILL SCHOOL: $100k → 7%CONCORD ACADEMY: $100k → 8%EAGLE FOUNDATION OF MASSACHUSETTS: $85k → 11%THE BELMONT SCHOOL: $90k → 14%CHILDREN'S HOSPITAL: $813k → 16%FRIENDS OF UNITED HATZALAH: $500k → 17%TEMPLE OHABHEI SHALOM: $213k → 7%CONCORD ACADEMY: $100k → 8%THE BEMENT SCHOOL: $85k → 14%AMERICAN FRIENDS OF MAGEN DAVID ADOM: $500k → 17%TEMPLE OHABEI SHALOM: $29k → 7%THE FESSENDEN SCHOOL: $100k → 8%FACING HISTORY AND OURSELVES: $250k → 7%THE FESSENDEN SCHOOL: $100k → 8%FACING HISTORY AND OURSELVES: $250k → 7%FACING HISTORY AND OURSELVES: $250k → 7%FACING HISTORY AND OURSELVES: $250k → 7%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

62%of every dollar goes to organizations it has funded before.
$4.4M · 5 repeat orgs$2.7M to everyone else

Grantees it renews have grown median revenue +18% since the first grant, against -15% for those funded once.

5 repeat relationships: 2 still active in FY2025, 3 since wound down; 3 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

5
5

Total granted

$4.4M
$2.1M

Median revenue growth · since first grant

+18%
-15%

Still filing today

80%
60%

New vs renewed · share of each year

In FY2025, 24% of grant dollars renewed an existing relationship; $614k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24’25
EducationArts & CultureHealthInternationalOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • FH
    FACING HISTORY & OURSELVES INC
    4× · 2017–2020 · $1.0M · revenue +18%
  • TF
    THE FESSENDEN SCHOOL
    2× · 2021–2022 · $200k · revenue +36%
  • TB
    THE BEMENT SCHOOL INC
    2× · 2024–2025 · $175k · revenue +11%

Funded once

  • CH
    Children's Hospital Corporationgraduated
    one grant, 2018 · $813k · revenue +78%
  • FO
    FRIENDS OF UNITED HATZALAH INC
    one grant, 2023 · $500k · revenue -45%
  • MD
    MAGEN DAVID ADOM
    one grant, 2023 · $500k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Capitol Hill Day School

Capitol Hill Day School is a co-educational independent school serving students from pre-kindergarten through 8th grade. Capitol Hill Day School deeply engages a diverse community of students in connecting the classroom with the larger…

Education
2
Northfield Mount Hermon School

Northfield mount hermon educates the head, heart and hands of our students. we engage their intellect, compassion, and talents, empowering them to act with humanity and purpose.

Education
3
The Philadelphia School

The philadelphia school educates children for a future that is impossible to know but not impossible to shape. learn here. go anywhere.

—
4
University Cooperative School

We take a joyful, community-oriented approach to raising engaged citizens, deep learners, and brave adventurers with the skills, creativity, and heart needed to better the world.

—
5
San Francisco Friends School

At san francisco friends school, students learn in a community grounded in the quaker values of reflection, integrity, peaceful problem-solving and stewardship. our teachers challenge students with a dynamic curriculum that inspires…

Education
6
Bullis School

Bullis school provides a student-centered balanced experience in academics, arts, athletics and community service. bullis uniquely prepares all students to become caring citizens and creative, critical thinkers who will thrive in…

Education
7
The Seven Hills School

The institution provides educational instruction and activities to students ranging from preschool through 8th grade.

—
8
Eton School Foundation

In educating the whole child, eton school inspires creative, confident thinkers who have an enduring passion for learning and are poised to contribute to the world.

Education
9
Trustees of Deerfield Academy

Deerfield academy is an independent secondary school committed to high standards of scholarship, citizenship, and personal responsibility. through a rigorous liberal arts curriculum, extensive co-curricular program, and supportive…

Education
10
Chapel Hill-Chauncy Hall School

We engage a diverse community of learners in a collaborative educational experience, preparing them for college success and a lifetime of meaningful engagement with the broader world.

—
11
The Charles River School Inc

A pre-kindergarten through grade 8 independent school committed to academic excellence and the joy of childhood, fostering intellectual curiosity, critical thinking, and the development of the whole child.

Education
12
Boston Architectural College

The bac is committed to provide excellence in design education grounded in practice and accessible to diverse communities.

—
How this is measured
The grantee most central to the portfolio’s shape is The Fessenden School; the most unlike its peers is Friends of United Hatzalah Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

10 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 10 of the 14 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
1
Early backer (in before they grew)
10/10
Grantees still filing
6/10
Grew since first funded

Where the money sits, by cause and then by grantee

FIDELITY CHARITABLE FUND: $2,872,957 · OtherFIDELITY CHARITABLE FUNDMAGEN DAVID ADOM: $500,000 · OtherMAGEN DAVID ADOMIndividual grant recipient: $212,503 · OtherIndividual grant recipient+2 more: $114,310 · OtherFACING HISTORY & OURSELVES INC: $1,000,000 · Arts & CultureFACING HISTORY & OURS…FRIENDS OF UNITED HATZALAH INC: $500,000 · Arts & CultureFRIENDS OF UNITED HAT…Children's Hospital Corporation: $812,736 · HealthChildren's …FIDELITY INVESTMENTS CHARITABLE GIFT FUND: $806,817 · Community ImprovementFIDELITY IN…CONCORD ACADEMY: $200,000 · EducationCONCORD A…THE FESSENDEN SCHOOL: $200,000 · EducationTHE FESSE…THE BEMENT SCHOOL INC: $175,000 · EducationTHE BEMEN…THE CHESTNUT HILL SCHOOL: $100,000 · EducationTHE CHEST…AMERICAN FRIENDS OF MAGEN DAVID ADOM: $500,000 · International
Other$3,699,770Arts & Culture$1,500,000Health$812,736Community Improvement$806,817Education$675,000International$500,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100Mgrantee revenue →↑ funder's share of their budgetFACING HISTORY & OURSELVES INC: $1,000,000 over 4y, 1.0% of budgetChildren's Hospital Corporation: $812,736 over 1y, 0.0% of budgetFIDELITY INVESTMENTS CHARITABLE GIFT FUND: $806,817 over 2y, 0.0% of budgetFRIENDS OF UNITED HATZALAH INC: $500,000 over 1y, 0.3% of budgetCONCORD ACADEMY: $200,000 over 2y, 0.2% of budgetTHE FESSENDEN SCHOOL: $200,000 over 2y, 0.3% of budgetTHE BEMENT SCHOOL INC: $175,000 over 2y, 0.7% of budgetTHE CHESTNUT HILL SCHOOL: $100,000 over 1y, 0.7% of budgetEAGLE HILL FOUNDATION OF MASSACHUSETTSINC: $85,000 over 1y, 0.3% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Fidelity FoundationMA13.3× affinity4 shared granteesties to 7 of 7Hover any node to trace its alignments.Compare side by side →

Open a dossier: Fidelity Foundation · The Pfizer Foundation Inc · National Philanthropic Trust · Vanguard Charitable Endowment Program · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization The Heartstone Foundation funds: left to right is the share of its income from government, bottom to top the share from The Heartstone Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 50%0%1%3%5%funder's share of their income ↑0%4%8%11%15%share of the org’s income from government →median 10%
  • Children's Hospital Corporation: 10% of income from government
  • The Fessenden School: 0% of income from government
no gov moneyreceives it· size = income
5get no government money at all
1report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–15%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to The Heartstone Foundation?

Find your warmest path to The Heartstone Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 14 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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