Funders › Rhode Island

Banknewport Charitable Foundation Inc

Newport, RI · EIN 88-2461260. Reported 114 grants totalling $1,247,500 to 108 recipients across tax years 2023-2025. This foundation did not tell the IRS it funds only preselected organizations.

Yesaccepts unsolicited requests
$5,000median grant
$1,247,500granted, 2023-2025
108recipients, as named on its returns
0%of grantees funded again the next year
$13.5Massets, latest filing

Does this foundation accept applications?

Yes -- on its own tax return. Form 990-PF asks every private foundation whether it makes grants only to organizations it selects itself. Of the 91,758 foundations in our data that made a grant and answered, 78% said yes -- and applying to those is wasted effort. Banknewport Charitable Foundation Inc did not check that box on its most recent filing, which puts it in the minority that is at least open to being approached.

This is the foundation's own statement to the IRS, not our judgement, and it says nothing about whether they have a form, a deadline, or an appetite for new grantees. Treat it as the reason this foundation is worth your research time, not as an invitation. Many small foundations of this kind have no website and no application process -- a letter of inquiry is the normal first step.

How big are its grants?

The median grant is $5,000. Half of everything it gave fell between $2,000 and $8,000; the smallest was $500 and the largest $583,500. If you are asking for materially more than the top of that range, you are asking the wrong foundation.

Under $1,000
3 grants
$1,000 - $5,000
51 grants
$5,000 - $10,000
34 grants
$10,000 - $25,000
23 grants
$25,000 - $50,000
2 grants
$100,000 and Up
1 grant

Every organization it funded

This is the complete list from its filings, largest first. Recipients are grouped by name and state as they were written on the returns, so an organization entered under two different names appears twice. Years funded is the number of separate tax years in which that name received money.

OrganizationLocationTotal receivedGrantsYears fundedLast
Grants & Contributions PaidNewport, RI$583,500112024
Rhode Island Community Food BankProvidence, RI$50,000222025
Hasbro Children's HospitalProvidence, RI$20,000112025
Local Initiatives Support Corporation (lisc)Providence, RI$20,000112025
Potter League for AnimalsMiddletown, RI$20,000112025
Child & Family ServicesMiddletown, RI$19,000222025
Boys Town New EnglandPortsmouth, RI$15,000222025
Hope & MainWarren, RI$15,000112025
Pawtucket Central Falls DevelopmentPawtucket, RI$15,000112025
Project Goal IncProvidence, RI$15,000112025
Salve Regina UniversityNewport, RI$15,000112025
Star Kids Scholarship ProgramMiddletown, RI$15,000112025
Bike NewportNewport, RI$12,000112025
Crossroads Rhode IslandProvidence, RI$12,000222025
Federal Hill House AssociationProvidence, RI$11,000112025
Capital Good Fund (the)Providence, RI$10,000112025
Central Falls FoundationCentral Falls, RI$10,000112025
Davinci Center for Community ProgressProvidence, RI$10,000222025
Dr Martin Luther King JR Community CenterNewport, RI$10,000112025
Iyrs School of Technology & TradesNewport, RI$10,000112025
John Clarke Nursing and Retirement CenterMiddletown, RI$10,000112025
Meals on Wheels of Rhode Island IncProvidence, RI$10,000112025
Northern Rhode Island Food PantryCumberland, RI$10,000112025
One Neighborhood BuildersProvidence, RI$10,000112025
Providence Public Library (ppl)Providence, RI$10,000112025
Sail NewportNewport, RI$10,000112025
Social Enterprise GreenhouseProvidence, RI$10,000112025
Sojourner HouseProvidence, RI$9,000222025
James L Maher CenterNewport, RI$8,000112025
Ms Dream Center of Rhode IslandEast Providence, RI$8,000112025
Newport Community SchoolNewport, RI$8,000112025
Learning Community (the)Central Falls, RI$7,500112025
Fab NewportNewport, RI$7,000112025
East Bay Food PantryBristol, RI$6,000112025
Mcauley MinistriesProvidence, RI$6,000112025
Salvation Army - Providence CorpsProvidence, RI$6,000112025
Save the BayProvidence, RI$6,000112025
Seven Hills Rhode IslandWoonsocket, RI$6,000112025
Stadium Theatre Performing Arts Centre & ConservatoryWoonsocket, RI$6,000112025
Amenity AidWarwick, RI$5,000112025
Ballet Ri (formerly Festival Ballet Providence)Providence, RI$5,000112025
Blithewold Mansions Gardens and ArborBristol, RI$5,000112025
Conanicut Island Sailing FoundationJamestown, RI$5,000112025
Entrepreneurship for All Inc (eforall)Lowell, MA$5,000112025
FirstworksProvidence, RI$5,000112025
Groden Network (the)Providence, RI$5,000112025
Local ReturnGreenwich, RI$5,000112025
Looking Upwards IncPortsmouth, RI$5,000112025
Mae Organization IncCranston, RI$5,000112025
Newport Art MuseumNewport, RI$5,000112025
Newport Festivals FoundationNewport, RI$5,000112025
Newport Restoration FoundationNewport, RI$5,000112025
Pocasset Pokanoket Land TrustCranston, RI$5,000112025
Refugee Dream CenterProvidence, RI$5,000112025
Rhode Island Philharmonic Orchestra & Music SchoolProvidence, RI$5,000112025
South County Health FoundationWakefield, RI$5,000112025
St Vincent Depaul Society St Joseph's Conference NewportNewport, RI$5,000112025
Turning Around MinistriesNewport, RI$5,000112025
Amos HouseProvidence, RI$4,000112025
Aquidneck Community TableNewport, RI$4,000112025
Boys & Girls Club of PawtucketPawtucket, RI$4,000112025
College VisionsProvidence, RI$4,000112025
Family Service of Rhode IslandProvidence, RI$4,000112023
Visiting Nurse Home and HospiceMiddletown, RI$4,000112025
YMCA of Greater ProvidenceProvidence, RI$4,000112025
Beautiful DayProvidence, RI$3,500112025
Clinica Esperanzahope ClinicProvidence, RI$3,000112025
Commercial Fisheries Center of Rhode IslandTiverton, RI$3,000112025
Providence Children's MuseumProvidence, RI$3,000112025
Rhode Island Slave History MedallionsNewport, RI$3,000112025
San Miguel School of ProvidenceProvidence, RI$3,000112025
Youth Pride IncProvidence, RI$3,000112025
American Red Cros - Rhode Island ChapterProvidence, RI$2,500112025
Better Lives Rhode IslandProvidence, RI$2,500112025
DesignxriProvidence, RI$2,500112025
Eastern Rhode Island Conservation District (ericd)Tiverton, RI$2,500112025
Good NeighborsRiverside, RI$2,500112025
Providence PromiseProvidence, RI$2,500112025
South County MuseumNarragansett, RI$2,500112025
Aquidneck Food Pantry IncPortsmouth, RI$2,000112025
Big Brothers Big Sisters of Rhode IslandProvidence, RI$2,000112025
Community String ProjectBristol, RI$2,000112025
Comprehensive Community Action Program (ccap)Cranston, RI$2,000112025
Jamestown Historical SocietyJamestown, RI$2,000112025
Jewish Collaborative ServicesProvidence, RI$2,000112025
Project WeberrenewProvidence, RI$2,000112025
Providence After School AllianceProvidence, RI$2,000112025
Rhode Island Free ClinicProvidence, RI$2,000112025
Rhode Island School for Progressive EducationProvidence, RI$2,000112025
Rhode Islanders Sponsoring Education (rise)Cranston, RI$2,000112025
Sophia AcademyProvidence, RI$2,000112025
The Battle of Rhode Island AssociationPortsmouth, RI$2,000112025
Tides Family ServicesWest Warwick, RI$2,000112025
Trinity Repertory CompanyProvidence, RI$2,000112025
Adoption Rhode IslandProvidence, RI$1,500112025
Centro De Innovacion Mujer LatinaProvidence, RI$1,500112025
George Hail Free LibraryWarren, RI$1,500112025
Newport Partnership for FamiliesNewport, RI$1,500112025
Access Point RiCranston, RI$1,000112025
Benjamin Church Senior Center IncBristol, RI$1,000112025
Jonnycake Center for HopePeace Dale, RI$1,000112025
Progreso LatinoCentral Falls, RI$1,000112025
Rhode Island SPCARiverside, RI$1,000112025
Salvation Army Newport CorpsNewport, RI$1,000112025
Winners Circle Xr AcademyProvidence, RI$1,000112025
Barrington Tap-in IncBarrington, RI$500112025
Connecting for Children & Families (woonsocket)Woonsocket, RI$500112025
Saint Mary of the Bay ChurchWarren, RI$500112025

6 of 108 (6%) received money in more than one year over the 3 years we hold.

Measured the way we measure every foundation -- what share of one year's grantees are funded again the next -- this one retains 0%, across 1 year-to-year transition. The median foundation retains about 67%, so this one is less consistent than most. This measures how often it paid the same organizations again. It says nothing about whether it would consider a new one.

What kind of organizations it funds

By the activity category the IRS assigns each recipient, for the 74 grants where we could match the recipient to a registered organization. The categories are the IRS's. The match, made from the name and address on the return, is ours.

Human Services
21 grants
Arts & Culture
12 grants
Education
8 grants
Food & Nutrition
6 grants
Environment
6 grants
Community Improvement
4 grants
Health Care
4 grants
Recreation & Sports
3 grants

Giving by year

Tax yearGrantsTotalMedian grant
20237$50,000$4,000
20241$583,500$583,500
2025106$614,000$5,000

Tax years, not calendar years, and the most recent year is usually incomplete -- filings arrive about a year late, so a low final year means late paperwork rather than a foundation winding down.

Where its money goes

100% of its giving went to organizations in Rhode Island. If your organization is based elsewhere, look in the recipient list for grants to your area before writing.

Rhode Island
$1.2M
Massachusetts
$5K

Get funders for your state and cause by email

We email you funders that gave to organizations in your state and cause, up to five at a time each week and never the same one twice, from their own IRS filings. Free. The weekly email has not started yet.

Unsubscribe in one click from any email. We never sell or share your address. To match on your organization and typical grant size too, keep a private profile.

Funders that support the same organizations

These funders gave to organizations this one also funded -- some private foundations, some community foundations and other grantmaking charities. Shared grantees are a sign of overlapping priorities and nothing more: they do not show that any of these funders would consider a new organization. Each page says what its filings show.

The Rhode Island Community Foundation81 shared recipientsThe Champlin Foundation54 shared recipientsUnited Way of Rhode Island Inc52 shared recipientsFidelity Investments Charitable Gift Fund48 shared recipientsJune Rockwell Levy Foundation36 shared recipientsThe Bank of America Charitable Foundation Inc31 shared recipients

How to approach this foundation

  1. Check you are its size. The median grant is $5,000. A request many times that size asks for something it has rarely or never given.
  2. Check you are in its geography. Its giving is concentrated in Rhode Island.
  3. Read the recipient list above for organizations like yours. If nothing on it resembles your work, that is a real answer, and a cheap one to get.
  4. Look up the current filing before writing. The 990-PF names the foundation's officers and, where one exists, its application procedure. We link it below.

Where these numbers come from

Everything above is taken from Banknewport Charitable Foundation Inc's own Form 990-PF filings, which the IRS publishes in bulk. We used 4 returns (tax years 2022-2025). Grant figures are from its returns. Matching recipients to registered organizations, their IRS classifications, the retention rate and the funders that support the same organizations are our own calculations, described in how we build this.

Address of record on the latest return: 184 John Clarke Road, Newport, RI, 02842. This is the address the foundation gave the IRS; many small foundations file through an accountant or a bank trust department, so it may not be where post to a programme officer should go.

EIN 88-2461260 · See the original filings on ProPublica · How we build this

This is history, not an open call. Foundation returns are published about a year after the tax year ends. Nothing on this page is a deadline. It is a record of who this foundation has actually funded.

Is something here wrong about your foundation? Email [email protected] and we will correct it.