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Philmoney Trust is a private trust based in PROVIDENCE, RI. The foundation received its IRS ruling in 2021. The principal officer is % Manasett Corp. It holds total assets of $941K. Annual income is reported at $1.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Philmoney Trust has made 33 grants totaling $718K, with a median grant of $10K. Annual giving has decreased from $414K in 2022 to $304K in 2023. Individual grants have ranged from $1K to $97K, with an average award of $22K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in Rhode Island, New Hampshire, Virginia, which account for 76% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Philmoney Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in RI, NH, VA.
Philmoney Trust has distributed a total of $718K across 33 grants. The median grant size is $10K, with an average of $22K. Individual grants have ranged from $1K to $97K.
Philmoney Trust typically selects its grantees rather than accepting unsolicited proposals.
Philmoney Trust is headquartered in PROVIDENCE, RI. While based in RI, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Frank Mauran Iv | TRUSTEE | $0 | $0 | $0 |
| Elizabeth Rollins Mauran | TRUSTEE | $0 | $0 | $0 |
| Robert Gaumont | TRUSTEE | $0 | $0 | $0 |
Total Giving
$327K
Total Assets
$748K
Fair Market Value
$903K
Net Worth
$748K
Grants Paid
$304K
Contributions
$700K
Net Investment Income
$601K
Distribution Amount
$27K
Total: $0
Total Grants
33
Total Giving
$718K
Average Grant
$22K
Median Grant
$10K
Unique Recipients
20
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Trinity ChurchCHARITY | York, ME | $5K | 2023 |
| Holt-Elwell Memorial FoundationCHARITY | Hebron, NH | $50K | 2023 |
| Society Of The Cincinatti RiCHARITY | Providence, RI | $45K | 2023 |
| Crossroads Rhode IslandCHARITY | Providence, RI | $40K | 2023 |
| Rhode Island Historical SocietyCHARITY | Providence, RI | $25K |
| 2023 |
| Society Of The CincinattiCHARITY | Washington, DC | $25K | 2023 |
| International Documentary FoundationCHARITY | Los Angeles, CA | $25K | 2023 |
| Nature Cons RiCHARITY | Providence, RI | $20K | 2023 |
| Ri Zoological SocietyCHARITY | Providence, RI | $13K | 2023 |
| Hope Club Preservation FundCHARITY | Providence, RI | $10K | 2023 |
| Mile Of History AsscCHARITY | Providence, RI | $10K | 2023 |
| Mt Vernon Ladies' AssociationCHARITY | Mount Vernon, VA | $10K | 2023 |
| Newport Historical SocietyCHARITY | Newport, RI | $5K | 2023 |
| Nathaniel Greene HomesteadCHARITY | Coventry, RI | $5K | 2023 |
| Providence Preservation SocietyCHARITY | Providence, RI | $5K | 2023 |
| The Halcyon FoundationCHARITY | New York, NY | $5K | 2023 |
| York Harbor Reading R FoundationCHARITY | York Harbor, ME | $3K | 2023 |
| Risd MuseumCHARITY | Providence, RI | $3K | 2023 |
| Nscda RiCHARITY | Washington, DC | $1K | 2023 |
| Building Bridges ProvidenceCHARITY | Providence, RI | $5K | 2022 |
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