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Stupski Foundation (1998-projected: 2024)

Total Assets (endowment): $260,000,000[1]

Total Assets (2012): $112,000,000[2]

Summary: The Stupski Foundation was established in 1996 as an operating foundation, providing consulting services designed to improve the way public education systems operated. The Foundation went through a series to strategic shifts, and in 2012 unexpectedly announced it would be closing its doors. In 2014, however, the Foundation re-opened with a new president and a new focus on grant making. The Foundation announced it will be seeking to fund a network of nonprofits focusing on improving children and family outcomes.

The Foundation also announced that it plans to spend down all of its assets over the next decade. Currently, the Foundation is engaged in a strategic planning process and is not yet fully operational as a grant making entity.