North Carolina · Nonprofit
GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL
GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL (North Carolina) receives grants from 8 organizations whose IRS filings report $93,711 to it, the largest being FOUNDATION FOR THE CAROLINAS ($65,000). 5 of them have funded it in more than one year, and 86% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $7.8M
- Funders on record
- 8
- Grants received
- $94k
- Net assets
- $3.9M
What Gray Stone Educational Foundation Inc Dba Gray Stone Day School does
Mission
Provide facilities, teachers, and materials to students enrolled at a public charter school
As stated on its FY2025 Form 990.
Program
Provide facilities, teachers, and materials to students enrolled at a public charter school
$7,281,793 spent$340,999 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $7,281,793.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $15M to $19M (+26%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 82% · 2018 94% · 2019 92% · 2020 96% · 2021 87% · 2022 98% · 2023 96% · 2024 95% · 2025 96%. Grants only. Government contracts and fees sit inside program revenue.
96% of GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Stephen Chambers
Chairman of the board
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 2 funders, grant income fell $45k → $36.
4 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 86% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL’s funders (the co-funder graph). Top 7 of 8 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL leans on a few funders — its largest provides 69% of grant income and the top three 92%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 96% · 2021 96% · 2022 99% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
86% of GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $13k that is directly attributable, 100% of it comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $81k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL runs a healthier operating margin than half of the 9,398 education nonprofits its size.
this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025
Government funding GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $68k on record.
- Department of Education$68k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
99% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL?
- GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL (North Carolina) receives grants from 8 organizations whose IRS filings report $93,711 to it, the largest being FOUNDATION FOR THE CAROLINAS ($65,000). 5 of them have funded it in more than one year, and 86% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL have?
- IRS filings report 8 organizations giving $93,711 in grants to GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL, 5 of which have funded it in more than one year.
- Who is the largest funder of GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL?
- FOUNDATION FOR THE CAROLINAS is the largest funder on record, with $65,000 in grants. The full list of funders is on this page.
- How can an organization like GRAY STONE EDUCATIONAL FOUNDATION INC DBA GRAY STONE DAY SCHOOL find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Gray Stone Educational Foundation Inc Dba Gray Stone Day School →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing