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Steppingstone Foundation INC

Public charity990-T FY2023
DBA: % KERRY TAVERNESE
Other · BOSTON, MA · EIN 04-3086666

About

Steppingstone prepares students from under-resourced communities to access, navigate, and graduate from college.

In care of Kerry Tavernese

Donations are tax-deductible
Category
Other
Employees
135
Volunteers
259

Financial Snapshot

FY ending 2024-06-30
Revenue
$17.3M
Expenses
$7.0M
Assets
$35.1M
Liabilities
$761K

Financial history

$17.3M$8.6M$0
1718192021222324
RevenueExpenses
Latest FY2024: $17.3M · Avg: $9.9M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$198K
STEPPINGSTONE FOUNDATION INC
Your actions

Address

200 High Street Suite 210
Boston, MA, 02110-303

Governance

Voting board members26
Independent members26
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Permanent endowment %92.1%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Net to org-$120K
Retained by contractors$120K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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