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Richard And Ann J Prouty Foundation is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1998. The principal officer is State Street Bank And Trust Co. It holds total assets of $18.8M. Annual income is reported at $10.1M. Total assets have grown from $441K in 2011 to $18M in 2023. The foundation is governed by 5 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 2021 to 2024. Grantmaking is concentrated in Massachusetts. According to available records, Richard And Ann J Prouty Foundation has made 26 grants totaling $3.8M, with a median grant of $25K. Annual giving has grown from $755K in 2021 to $947K in 2024. Grantmaking activity was highest in 2023 with $2.1M distributed across 2 grants. Individual grants have ranged from $15K to $1M, with an average award of $146K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in Rhode Island, Massachusetts, Georgia, which account for 88% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$25K
Average Grant
$33K
Largest Grant
$75K
Based on 23 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.
Richard And Ann J Prouty Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in RI, MA, GA.
Richard And Ann J Prouty Foundation has distributed a total of $3.8M across 26 grants. The median grant size is $25K, with an average of $146K. Individual grants have ranged from $15K to $1M.
Richard And Ann J Prouty Foundation typically selects its grantees rather than accepting unsolicited proposals.
Richard And Ann J Prouty Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | CO-TRUSTEE | $126K | $0 | $126K |
| Susan Abbott | CO-TRUSTEE | $92K | $0 | $92K |
| Hilary L P Vineyard | CO-TRUSTEE | $0 | $0 | N/A |
| Jonathan J Prouty | CO-TRUSTEE | $0 | $0 | N/A |
| Hilary J Prouty | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$1.3M
Total Assets
$18M
Fair Market Value
$24.6M
Net Worth
$18M
Grants Paid
$947K
Contributions
N/A
Net Investment Income
$1.6M
Distribution Amount
$1.1M
Total Grants
26
Total Giving
$3.8M
Average Grant
$146K
Median Grant
$25K
Unique Recipients
24
Most Common Grant
$25K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyUNRESTRICTED GENERAL | Kennesaw, GA | $75K | 2021 |
| Please See Attached ListUNRESTRICTED GENERAL | Providence, RI | $947K | 2024 |
| Mass General HospitalUNRESTRICTED GENERAL | Boston, MA | $60K | 2021 |
| Joy Of Music Program IncUNRESTRICTED GENERAL | Worcester, MA | $54K | 2021 |
| Community Boating CenterUNRESTRICTED GENERAL | New Bedford, MA | $50K | 2021 |
| Community Nurse Hospice Care IncUNRESTRICTED GENERAL | Fairhaven, MA | $50K | 2021 |
| Becker CollegeUNRESTRICTED GENERAL | Worcester, MA | $50K | 2021 |
| Girls Incorporated Of WorcesterUNRESTRICTED GENERAL | Worcester, MA | $50K | 2021 |
| North Shore Country Day SchoolUNRESTRICTED GENERAL | Winnetka, IL | $37K | 2021 |
| Boston Childrens HospitalUNRESTRICTED GENERAL | Boston, MA | $35K | 2021 |
| Alzheimers Assoc MassUNRESTRICTED GENERAL | Waltham, MA | $25K | 2021 |
| Boston Symphony OrchestraUNRESTRICTED GENERAL | Boston, MA | $25K | 2021 |
| Buzzards Bay Coalition IncUNRESTRICTED GENERAL | New Bedford, MA | $25K | 2021 |
| Our Sisters SchoolUNRESTRICTED GENERAL | New Bedford, MA | $25K | 2021 |
| Raritan HeadwatersUNRESTRICTED GENERAL | Gladstone, NJ | $25K | 2021 |
| Ymca Of Southeastern MassUNRESTRICTED GENERAL | New Bedford, MA | $25K | 2021 |
| Mass AudubonUNRESTRICTED GENERAL | Lincoln, MA | $20K | 2021 |
| Mattapoisett Free Public LibraryUNRESTRICTED GENERAL | Mattapoisett, MA | $20K | 2021 |
| Mattapoisett Historical SocietyUNRESTRICTED GENERAL | Mattapoisett, MA | $20K | 2021 |
| Trustees Of ReservationsUNRESTRICTED GENERAL | Boston, MA | $20K | 2021 |
| Bancroft SchoolUNRESTRICTED GENERAL | Worcester, MA | $20K | 2021 |
| Mattapoisett Land Trust IncUNRESTRICTED GENERAL | Mattapoisett, MA | $15K | 2021 |
| Milton AcademyUNRESTRICTED GENERAL | Milton, MA | $15K | 2021 |
| Tewksbury Land Trust A Newjersey Non ProUNRESTRICTED GENERAL | Oldwick, NJ | $15K | 2021 |