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Nonprofit · EIN 27-6601178

STONIER SCHOLARSHIP INC

Also known as SETH MCDONNELL

Tax-exempt · TOWSON, MD 21204

Financials

$37.5M$41.6M2023$73.2M$63.4M2024
Revenue Expenses · by fiscal year end
Financials of STONIER SCHOLARSHIP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$73,240,305$63,369,365$9,870,940$38,619,463$5,516,769$33,102,694
December 31, 2023990$37,465,428$41,607,183-$4,141,755$23,586,226$193,323$23,392,903
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$69,280,906
Program service revenue
$81,636
Investment income
$669,062
Net gain from sales of assets
$8,429
Net income from fundraising events
$3,208,701
Other revenue
$3,208,701

Expenses

Grants and similar amounts paid
$31,622,686
Other salaries and wages
$1,064,879
Salaries, compensation and benefits (total)
$1,222,209
Professional fundraising fees
$0
Legal fees
$369,658
Accounting fees
$86,860
Occupancy
$299,315
Travel
$1,593,272
Program services (functional)
$53,917,340
Management and general (functional)
$4,825,231
Fundraising (functional)
$4,626,794

Balance sheet and other

Total assets, start of year
$23,586,226
Total assets, end of year
$38,619,463
Total liabilities, end of year
$5,516,769
Net assets, end of year
$33,102,694
Publicly traded securities
$3,802,547
Net assets without donor restrictions
$989,409
Net assets with donor restrictions
$32,113,285
Gross receipts
$74,201,747
Employees
12
Volunteers
583
Year formed
2010
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SETH A MCDONNELLPRESIDENT/TRUSTEE
Trustee or director, Officer
5$0
MATT STOVERVICE PRESIDENT/TRUSTEE
Trustee or director, Officer
5$0
ALAN S HELFERTREASURER/TRUSTEE
Trustee or director, Officer
2$0
JOE FOSSTRUSTEE
Trustee or director
1$0
PAUL FORMANTRUSTEE
Trustee or director
1$0
NIK KAPAUANTRUSTEE
Trustee or director
1$0
MAURA JACKSONTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
SETH A MCDONNELLPRESIDENT/TRUSTEE
Trustee or director, Officer
40$0
MATT STOVERVICE PRESIDENT/TRUSTEE
Trustee or director, Officer
40$0
ALAN S HELFERTREASURER/TRUSTEE
Trustee or director, Officer
2$0
JOE FOSSTRUSTEE
Trustee or director
1$0
KEVIN MCALLISTERTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1122 KENILWORTH DR STE 201, TOWSON, MD 21204-2143
In care of
% SETH MCDONNELL
Principal officer (990 for 2024)
SETH A MCDONNELL, 1122 KENILWORTH DRIVE 201, TOWSON, MD 21204
Signed the 990
SETH A MCDONNELL, PRESIDENT
Phone
(410) 825-0995
Return prepared by
HELFER AND COMPANY LLC

Mission

PLAYERS PHILANTHROPY FUND PROVIDES PROFESSIONAL ATHLETES, CELEBRITIES AND OTHER PHILANTHROPISTS WITH A VEHICLE FOR COLLECTING AND DISTRIBUTING CHARITABLE ASSETS IN SUPPORT OF QUALIFIED CAUSES THROUGH A SIMPLE, RESPONSIBLE AND COST-EFFECTIVE PLATFORM.

990 for the year ended December 31, 2024

Program accomplishments

  • GRANTS TO QUALIFIED ORGANIZATIONS.
    Expenses $53,917,340 · grants $31,622,686 · revenue $81,636

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-6601178
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$38,619,463
Income (IRS master file)
$74,201,747

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$73,240,305$63,369,365$38,619,463XML
990December 2023$37,465,428$41,607,183$23,586,226XML
990December 2022$44,272,394$31,308,734$24,735,306IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-6601178).

Questions about STONIER SCHOLARSHIP INC

What is the EIN of STONIER SCHOLARSHIP INC?
The employer identification number (EIN) of STONIER SCHOLARSHIP INC is 27-6601178.
Is STONIER SCHOLARSHIP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to STONIER SCHOLARSHIP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does STONIER SCHOLARSHIP INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of STONIER SCHOLARSHIP INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did STONIER SCHOLARSHIP INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of STONIER SCHOLARSHIP INC?
The 990 for the year ended December 31, 2024 names SETH A MCDONNELL.
Who are the officers and directors of STONIER SCHOLARSHIP INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does STONIER SCHOLARSHIP INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $73,240,305, expenses of $63,369,365 and total assets of $38,619,463 at year end.

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