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Bancroft Family Foundation is a private corporation based in MIDDLETOWN, RI. The foundation received its IRS ruling in 2000. The principal officer is Laurie Mandly. It holds total assets of $1.5M. Annual income is reported at $1.9M. Total assets have grown from $417K in 2011 to $769K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Funding is distributed across 4 states, including Massachusetts, Rhode Island, Connecticut. According to available records, Bancroft Family Foundation has made 55 grants totaling $454K, with a median grant of $7K. Annual giving has decreased from $328K in 2022 to $126K in 2023. Individual grants have ranged from $2K to $20K, with an average award of $8K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Massachusetts, Connecticut, Rhode Island, which account for 76% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$3K
Average Grant
$6K
Largest Grant
$20K
Based on 17 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bancroft Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 55 grants. Its grantmaking reaches organizations primarily in MA, CT, RI.
Bancroft Family Foundation has distributed a total of $454K across 55 grants. The median grant size is $7K, with an average of $8K. Individual grants have ranged from $2K to $20K.
Bancroft Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bancroft Family Foundation is headquartered in MIDDLETOWN, RI. While based in RI, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Diane M Zuspan | TREASURER | $0 | $0 | N/A |
| Laurie Mandly | PRESIDENT | $0 | $0 | N/A |
| Carol A Verrochi | SECRETARY | $0 | $0 | N/A |
| Ryan Mandly | TRUSTEE | $0 | $0 | N/A |
Total Giving
$134K
Total Assets
$769K
Fair Market Value
$1.4M
Net Worth
$769K
Grants Paid
$126K
Contributions
$13K
Net Investment Income
$27K
Distribution Amount
$67K
Total: $739K
Total Grants
55
Total Giving
$454K
Average Grant
$8K
Median Grant
$7K
Unique Recipients
27
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| College BoundCharitable Donation | Washington, DC | $6K | 2023 |
| Nativity Preparatory SchoolCharitable Donation | New Bedford, MA | $20K | 2023 |
| Buddy Mentor IncCharitable Donation | Bridgeport, CT | $20K | 2023 |
| Our Sisters' SchoolCharitable Donation | New Bedford, MA | $15K | 2023 |
| Adoption Rhode IslandCharitable Donation | Providence, RI | $15K | 2023 |
| Big Brothers Big Sisters Of RiCharitable Donation | Providence, RI | $10K | 2023 |
| Gnome Inc Dba Gnome SurfCharitable Donation | Tiverton, RI | $7K | 2023 |
| Symi-Fr IncCharitable Donation | Swansea, MA | $6K | 2023 |
| Mary'S Home Of The Treasured CoastCharitable Donation | Stuart, FL | $6K | 2023 |
| Hopecam IncCharitable Donation | Reston, VA | $5K | 2023 |
| New Beginnings Family AcademyCharitable Donation | Bridgeport, CT | $5K | 2023 |
| Greater Boston Food BankCharitable Donation | Boston, MA | $3K | 2023 |
| Martha'S Vineyard Ocean AcademyCharitable Donation | Vineyard Haven, MA | $3K | 2023 |
| Cradle To CrayonsCharitable Donation | Newtonville, MA | $3K | 2023 |
| Gifts To GiveCharitable Donation | Acushnet, MA | $2K | 2023 |
| Clarke Schools For Hearing & SpeechCharitable Donation | Northampton, MA | $18K | 2022 |
| Robert W Johnson Community CenterCharitable Donation | Hagerstown, MD | $12K | 2022 |
| Hall Neighborhood HouseCharitable Donation | Bridgeport, CT | $10K | 2022 |
| Mary'S ShelterCharitable Donation | Stuart, FL | $9K | 2022 |
| Strengthen Your Mind InitiativeCharitable Donation | West Dover, VT | $8K | 2022 |
| LivfreeCharitable Donation | Shelton, CT | $7K | 2022 |
| Foundation For Underway Experiential LearningCharitable Donation | Vineyard Haven, MA | $6K | 2022 |
| Gnome Surf TherapyCharitable Donation | Little Compton, RI | $6K | 2022 |
| Dr Martin Luther King Community CenterCharitable Donation | Newport, RI | $3K | 2022 |
| Camp SunshineCharitable Donation | Casco, ME | $3K | 2022 |
| Children'S Advocacy Center Bristol CountyCharitable Donation | Fall River, MA | $3K | 2022 |
NORTH KINGSTOWN, RI
PROVIDENCE, RI
PROVIDENCE, RI