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Joseph C And Blanche Coutu Foundation is a private trust based in WESTERLY, RI. The foundation received its IRS ruling in 1993. The principal officer is Fleet National Bank Ttee. It holds total assets of $470K. Annual income is reported at $190K. Total assets have decreased from $1.3M in 2011 to $499K in 2023. The foundation is governed by 3 officers and trustees. Tax records are available from 2017 to 2024. Grantmaking is concentrated in Rhode Island. According to available records, Joseph C And Blanche Coutu Foundation has made 18 grants totaling $121K, with a median grant of $4K. Annual giving has decreased from $80K in 2023 to $40K in 2024. Individual grants have ranged from $2K to $18K, with an average award of $7K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Rhode Island. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$6K
Largest Grant
$15K
Based on 6 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.
Joseph C And Blanche Coutu Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in RI.
Joseph C And Blanche Coutu Foundation has distributed a total of $121K across 18 grants. The median grant size is $4K, with an average of $7K. Individual grants have ranged from $2K to $18K.
None N/A.
Joseph C And Blanche Coutu Foundation is headquartered in WESTERLY, RI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| The Washington Trust Company | TRUSTEE | $9K | $0 | $9K |
| James J Mcgair | CO-TRUSTEE | $9K | $0 | $9K |
| Janet Louise Tracey | Committee Member | $6K | $0 | $6K |
Total Giving
$66K
Total Assets
$499K
Fair Market Value
$760K
Net Worth
$499K
Grants Paid
$40K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$35K
Total: $446K
Total Grants
18
Total Giving
$121K
Average Grant
$7K
Median Grant
$4K
Unique Recipients
6
Most Common Grant
$4K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Saint Raphael AcademyGENERAL SCHOOL PURPOSES | Pawtucket, RI | $18K | 2024 |
| Saint Teresa SchoolGENERAL | Pawtucket, RI | $9K | 2024 |
| Crossroads Rhode IslandOPERATIONS | Providence, RI | $4K | 2024 |
| Mcauley CorporationOPERATIONS | Providence, RI | $4K | 2024 |
| Boys And Girls Club Of PawtucketOPERATIONS | Pawtucket, RI | $4K | 2024 |
| Pawtucket Soup KitchenGENERAL | Pawtucket, RI | $2K | 2024 |