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The Papitto Foundation is a private corporation based in HOPE, RI. The foundation received its IRS ruling in 1988. The principal officer is % Afc Cable Systems. It holds total assets of $7M. Annual income is reported at $3.5M. According to available records, The Papitto Foundation has made 77 grants totaling $7.3M, with a median grant of $49K. Annual giving has grown from $1.2M in 2021 to $1.9M in 2023. Grantmaking activity was highest in 2022 with $4.2M distributed across 36 grants. Individual grants have ranged from $250 to $500K, with an average award of $95K. The foundation has supported 32 unique organizations. The foundation primarily supports organizations in Rhode Island, Florida, New York, which account for 97% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
The Papitto Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 77 grants. Its grantmaking reaches organizations primarily in RI, FL, NY.
The Papitto Foundation has distributed a total of $7.3M across 77 grants. The median grant size is $49K, with an average of $95K. Individual grants have ranged from $250 to $500K.
The Papitto Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Papitto Foundation is headquartered in HOPE, RI. While based in RI, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barbara A Papitto | PRESIDENT/DIRECTOR | $0 | $0 | $0 |
| John A Tarantino | DIRECTOR | $0 | $0 | $0 |
| Edward P Pieroni | DIRECTOR | $0 | $0 | $0 |
| David Papitto | DIRECTOR | $0 | $0 | $0 |
Total Giving
$2.1M
Total Assets
$8.3M
Fair Market Value
$13.2M
Net Worth
$8.3M
Grants Paid
$1.9M
Contributions
$0
Net Investment Income
$656K
Distribution Amount
$629K
Total: $6.8M
Total Grants
77
Total Giving
$7.3M
Average Grant
$95K
Median Grant
$49K
Unique Recipients
32
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United WayGENERAL FUND | Providence, RI | $20K | 2023 |
| Community Preparatory SchoolGENERAL FUND | Providence, RI | $400K | 2023 |
| Tomaquag MuseumGENERAL FUNDGENERAL FUND | Exeter, RI | $250K | 2023 |
| Read To SucceedGENERAL FUND | Hope, RI | $250K | 2023 |
| Sophia AcademyGENERAL FUND | Providence, RI | $250K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| 2023 |
| Saint Mary Academy Bay ViewGENERAL FUND | Riverside, RI | $206K | 2023 |
| St Andrews SchoolGENERAL FUND | Barrington, RI | $155K | 2023 |
| San Miguel SchoolGENERAL FUND | Providence, RI | $80K | 2023 |
| Scalabrini Dukcevich CenterGENRAL FUND | Providence, RI | $75K | 2023 |
| Womens And Infants HostitalFOR GENERAL FUND | Providence, RI | $50K | 2023 |
| John And Pat Tarantino FoundationFOR GENERAL FUND | Providence, RI | $50K | 2023 |
| Ave Maria UniversityGENERAL FUND | Ave Maria, FL | $50K | 2023 |
| Holy Apostles ChurchGENERAL FUND | Cranston, RI | $49K | 2023 |
| The Ri Heritage Hall Of FameGENERAL FUND | Riverside, RI | $12K | 2023 |
| Ri Right To Life CommitteeGENERAL FUND | Providence, RI | $10K | 2023 |
| St Edward Food & Wellness CenterGENERAL FUND | Providence, RI | $10K | 2023 |
| Esperanza Hope ClinicGENERAL FUND | Pawtucket, RI | $10K | 2023 |
| Hope & MainFOR GENERAL FUND | Warren, RI | $5K | 2023 |
| Abundant HopeFOR GENERAL FUND | Attleboro, MA | $5K | 2023 |
| Refuge Dream CenterFOR GENERAL FUND | Providence, RI | $5K | 2023 |
| Bishop Mcvinney Catholic SchoolGENERAL FUND | Providence, RI | $5K | 2023 |
| Clothes For Kids Ri IncFOR GENERAL FUND | Johnston, RI | $3K | 2023 |
| Relevant RadioFOR GENERAL FUND | Lincolnshire, IL | $1K | 2023 |
| Bryant UniversityGENERAL FUND | Smithfield, RI | $300K | 2022 |
| Refocus IncGENERAL FUND | Providence, RI | $60K | 2022 |
| Ri Philharmonic Music SchoolGENERAL FUND | East Providence, RI | $25K | 2022 |
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