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“Make the world a better place for this and future generations.” W. Clement Stone

The Foundation is dedicated to bringing about positive change in five major urban areas – Chicago, Boston, Philadelphia, New York City, the San Francisco Bay Area — with a commitment to providing the educational and developmental opportunities that support equitable outcomes and enable all children and young people to fulfill their potential.

Stone Leaders for Change

The Foundation awards scholarship grants to youth leadership organizations that are currently part of the Foundation’s youth development portfolio. Executive directors are able to use funds for purposes that they believe will most strengthen their own organizational impact, flowing from their leadership and professional growth.

Grantee Convenings on Equity

Annually, the Foundation staff and grantee leaders from the three portfolios and all funded geographies, in partnership with Dr. Sherri Killins-Stewart, co-design an annual convening focused on racial equity. The convenings allow both the Foundation and grantees to forge a closer partnership to address the challenges of system wide inequities.

Mission-Related Investing

The Foundation goes beyond grantmaking and uses the impact portion of its investment portfolio to help achieve the Foundation’s mission. Together with our advisors, we actively track the rapidly-growing field of impact investing, and continually re-examine our approach to make sure we are making the most of opportunities in a dynamic investment landscape.

New & Noteworthy

Students walk the hallway at Lake View High School in Chicago

Is Chicago’s shift to restorative justice and fewer school police working? Some say yes.

September 28, 2023
Youth organizer Maria Paula Degillo used to protest in downtown Chicago against the high rates of suspensions and expulsions for students of color. Now, she collaborates with Chicago Public Schools to create safe school environments without harsh discipline and over policing. Today, Degillo, with the group Voices of Youth in Chicago Education, is joining the district’s Chief of Safety and Security Jadine Chou at a City Club of Chicago event to highlight the partnership forged between the district and community organizations over the course of the last decade to improve school safety.

Federal funding for child care is about to fall off a cliff. Why that’s a disaster

September 26, 2023
On Saturday, $39 billion in federal child-care funds made available through the American Rescue Plan Act are set to expire. As a result, close to 3.2 million children could lose their spots in early education programs. Congress can solve this problem. So far, however, it has declined to do so, starting with deciding not to pass the Build Back Better provisions in 2022 that would have made child-care funding permanent.

Joint Committee on Early Education and Care Hearing

September 19, 2023
The Massachusetts Legislature is listening! Last week, the Joint Committee on Education held an informational hearing on early education and care in Massachusetts. Thanks to Committee Co-Chairs, Representative Denise Garlick and Senator Jason Lewis for organizing the hearing and listening to many different perspectives on the state of early education and care across the state. A recording of the event is posted here. Speaking at the hearing, Patrick Tutwiler, the state’s education secretary, said that as Massachusetts moves through the pandemic, it is essential “stabilize, heal, and transform” early education and care.

Sandra Treacy, Executive Director from 1999-2013

September 21, 2023
Sandra Treacy (Executive Director, 1999-2013) died peacefully in her sleep at her home in San Francisco on September 17th, 2023 with her husband Robert and son Daniel by her side. ...In 1999, Sandra began the last leg of her employment career as the Executive Director of a family foundation, the W. Clement and Jessie V. Stone Foundation, awarding grants in the areas of education, early education, and youth development. In selecting initiatives to fund, Sandra scoured the country to identify exemplary organizations and to award grants to nonprofits with innovative approaches to effecting positive change. In doing so, she drew upon her wealth of experience in the field of education as well as her appreciation of the challenges faced by nonprofits working within that field. In all of leadership positions, Sandra was an innovative thinker, an articulate communicator, and a generous mentor. Her grace, style, fortitude and verve were an inspiration to many.

Foundation Grantee: Californians for Justice and Youth Voice improving District Schools

July 19, 2023
In 2013, California passed the Local Control Funding Formula (LCFF). The funding formula is intended to improve student outcomes and increase equity by providing more resources to districts with larger populations of low-income students, English language learners, and foster youth. Additionally, LCFF requires that stakeholder groups, including students, are included as districts develop their Local […]