“Make the world a better place for this and future generations.” W. Clement Stone
“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 in which Foundation family trustees are affiliated – Chicago, Boston, Philadelphia, New York City, the San Francisco Bay Area and the states in which they are located — 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
Foundation Seeks 2026 Summer Intern
February 10, 2026
The Foundation has recently developed an exciting internship opportunity in philanthropy. Working in partnership with other Chicago-based funders, the Foundation developed its internship to provide a unique experience for an undergraduate student interested in pursuing work in the nonprofit space after college. For one current undergraduate student, this ten-week internship will provide a unique look into the nonprofit sector and opportunities to learn more about the systems and policies within the education, early childhood development, and youth development fields.
Foundation to Co-host Webinar on Higher Education and Early Childhood Educators.
January 7, 2026
Higher education programs that prepare early childhood educators are at a critical inflection point as new policy and accountability pressures threaten the strength and sustainability of the early educator pipeline. On January 22 from 3:30–4:45 pm ET, AACTE, NAEYC, and the W. Clement & Jessie V. Stone Foundation will co-host Education Bookends: Threats to Higher Education and the Impact on the Early Educator Pipeline and Profession, a timely webinar bringing together national leaders from higher education, philanthropy, and early childhood to examine what’s at stake.
New Poll: Most Chicagoans Unaware of 2027 School Board Transition; Strong Support for State Action on CPS Funding
Kids First Chicago, Kids First Chicago Blog
December 1, 2025
A new citywide poll commissioned by Kids First Chicago (K1C) reveals that while Chicagoans strongly support new State and City revenue options for Chicago Public Schools (CPS), the vast majority remain unaware of the most consequential governance change in CPS in decades: the transition to a fully elected 21-member Board of Education in 2027.
Foundation Grantee Publishes Massachusetts Student Opportunity Act Progress Report
December 5, 2025
Foundation grantee, Massachusetts Taxpayers Foundation published a comprehensive progress report of the Student Opportunity Act. The goals of the Student Opportunity Act were expansive, and the final bill included a range of education policy initiatives. But above all else, the SOA aimed to dramatically increase the resources available for the highest need school districts across the state and create a data-driven structure to accurately assess how those resources were being used to close persistent disparities in student achievement.
2025 Grants Awarded
December 5, 2025
In 2025, the W. Clement & Jessie V. Stone Foundation awarded approximately $5,.1 million in grants. Please visit our Grants Awarded section for detailed descriptions.
Foundation Grantee Advance Illinois Publishes The State We’re In 2025
October 2, 2025
The State We’re In 2025: A Report on Public Education in Illinois, continues Foundation Grantee Advance Illinois’ tradition of taking a holistic approach to exploring Illinois’ education performance and progress across the full birth-to-postsecondary continuum. The report tracks the state’s key investments in education through funding, and metrics like staffing, and student performance over the past fifteen years to surface changes and trends. These findings underscore that while the state has established a strong foundation for learning and success, it must act boldly and with urgency to ensure all students thrive with equitable support.