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Newportfed Charitable Foundation is a private corporation based in NEWPORT, RI. The foundation received its IRS ruling in 2008. The principal officer is % Kevin M Mccarthy. It holds total assets of $3.2M. Annual income is reported at $909K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Newportfed Charitable Foundation has made 115 grants totaling $632K, with a median grant of $5K. Annual giving has decreased from $409K in 2022 to $223K in 2023. Individual grants have ranged from $500 to $32K, with an average award of $5K. The foundation has supported 50 unique organizations. Grants have been distributed to organizations in Rhode Island and Kansas and Maryland. Contributions to this foundation are tax-deductible.
Newportfed Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 115 grants. Its grantmaking reaches organizations primarily in RI, KS, MD.
Newportfed Charitable Foundation has distributed a total of $632K across 115 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $500 to $32K.
The application deadline is SEE WWW.NEWPORTFEDFOUNDATION.ORG.
Newportfed Charitable Foundation is headquartered in NEWPORT, RI. While based in RI, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arthur H Lathrop | Treasurer | $5K | $0 | $5K |
| Michael Hayes | Director | $2K | $0 | $2K |
| Kevin M Mccarthy | President | $2K | $0 | $2K |
| Kelly Lee | Director | $2K | $0 | $2K |
| Mark Stenning | Director | $2K | $0 | $2K |
Total Giving
$289K
Total Assets
$3.4M
Fair Market Value
$4M
Net Worth
$3.4M
Grants Paid
$223K
Contributions
$0
Net Investment Income
$289K
Distribution Amount
$184K
Total: $3.3M
Total Grants
115
Total Giving
$632K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
50
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Newport County YmcaPROGRAM SUPPORT | Middletown, RI | $32K | 2023 |
| Jonnycake Center Of WesterlyPROGRAM SUPPORT | Westerly, RI | $15K | 2023 |
| Lucy'S HearthPROGRAM SUPPORT | Middletown, RI | $13K | 2023 |
| The Jonnycake Center Inc For HopePROGRAM SUPPORT | Peace Dale, RI | $10K | 2023 |
| The Salvation Army - Newport CorpsPROGRAM SUPPORT | Newport, RI | $10K | 2023 |
| Judy Tucker |
| Secretary |
| $2K |
| $0 |
| $2K |
| Alicia S Quirk | Director | $2K | $0 | $2K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Boys Clubs Girls Clubs Of Newport CPROGRAM SUPPORT | Newport, RI | $10K | 2023 |
| St Vincent De Paul - WesterlyPROGRAM SUPPORT | Westerly, RI | $10K | 2023 |
| St Vincent De Paul - St Joseph'SPROGRAM SUPPORT | Newport, RI | $10K | 2023 |
| Martin Luther King Community CenterPROGRAM SUPPORT | Newport, RI | $10K | 2023 |
| Ri Philharmonic Orchestra Music SchPROGRAM SUPPORT | East Providence, RI | $8K | 2023 |
| Westerly Area Rest Meals Warm CentePROGRAM SUPPORT | Westerly, RI | $5K | 2023 |
| Tomaquag MuseumPROGRAM SUPPORT | Exeter, RI | $5K | 2023 |
| Choral Collective Of Newport CountyPROGRAM SUPPORT | Newort, RI | $5K | 2023 |
| Newport HospitalPROGRAM SUPPORT | Newport, RI | $5K | 2023 |
| Frank Olean CenterPROGRAM SUPPORT | Westerly, RI | $5K | 2023 |
| Ocean Community YmcaPROGRAM SUPPORT | Westerly, RI | $5K | 2023 |
| Iyrs School Of Technology TradesPROGRAM SUPPORT | Newport, RI | $5K | 2023 |
| Girls On The Run Rhode IslandPROGRAM SUPPORT | Providence, RI | $5K | 2023 |
| Norman Bird Sanctuary TrustPROGRAM SUPPORT | Middletown, RI | $5K | 2023 |
| Newport GullsPROGRAM SUPPORT | Newport, RI | $5K | 2023 |
| Newport Tree ConservancyPROGRAM SUPPORT | Newport, RI | $3K | 2023 |
| Westerly Senior Citizens CenterPROGRAM SUPPORT | Westerly, RI | $3K | 2023 |
| Rhode Island Arts Fnd At NewportPROGRAM SUPPORT | Newport, RI | $3K | 2023 |
| Chorus Of WesterlyPROGRAM SUPPORT | Westerly, RI | $3K | 2023 |
| The Sharing LockerPROGRAM SUPPORT | East Greenwich, RI | $3K | 2023 |
| Colonial Theatre SchoolPROGRAM SUPPORT | Westerly, RI | $3K | 2023 |
| Portmouth Middle SchoolPROGRAM SUPPORT | Portsmouth, RI | $3K | 2023 |
| Newport-Fall River Star Kids ScholaPROGRAM SUPPORT | Middletown, RI | $3K | 2023 |
| Stand Up For AnimalsPROGRAM SUPPORT | Westerly, RI | $3K | 2023 |
| Eastern Ri Conservation DistrictPROGRAM SUPPORT | Tiverton, RI | $3K | 2023 |
| Galilee Mission IncPROGRAM SUPPORT | Narragansett, RI | $3K | 2023 |
| Newport County ChallengerPROGRAM SUPPORT | Portsmouth, RI | $3K | 2023 |
| Westminster Youth String EnsemblePROGRAM SUPPORT | Westerly, RI | $3K | 2023 |
| Frosty Drew Memorial FundPROGRAM SUPPORT | Charlestown, RI | $2K | 2023 |
| Sail To PrevailPROGRAM SUPPORT | Newport, RI | $2K | 2023 |
| Meals On Wheels Of RiPROGRAM SUPPORT | Providence, RI | $2K | 2023 |
| John Clarke Retirement CenterPROGRAM SUPPORT | Middletown, RI | $2K | 2023 |
| Newport Partnership For FamiliesPROGRAM SUPPORT | Middletown, RI | $2K | 2023 |
| Jamestown Arts CenterPROGRAM SUPPORT | Jamestown, RI | $2K | 2023 |
| Junior Achievement Of RiPROGRAM SUPPORT | Warwick, RI | $1K | 2023 |
| Wounded Warrior ProjectPROGRAM SUPPORT | Topeka, KS | $1K | 2023 |
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