Private foundation · EIN 88-2461260
Banknewport Charitable Foundation Inc
Newport, RI
Banknewport Charitable Foundation Inc is a private foundation based in Newport, RI. On its Form 990-PF for tax year 2025, it reported $614K in grants and contributions paid across 106 grants, with $13.5M in assets (fair market value). Its return lists how to submit a request. Its largest grants went to Rhode Island Community Food Bank, Hasbro Children's Hospital and Local Initiatives Support Corporation (lisc).
How to request funding
- Contact
- Kathy Charbonneau
- Phone
- 8778295500
- Address
- 184 John Clarke Road, Middletown, Ri, 02840
- Form and materials
- See application
- Deadlines
- See application for deadlines
- Restrictions
- Grants are made to support specific programs or capital fund requests for 501(c)(3) nonprofit organizations that qualify under the irs to receive tax deductible charitable donations, including essential health and human services and community development programs. requests for annual operating support, including salaries and stipends, will not ordinarily meet funding criteria. it is intended that grant proposals are considered by the banknewport charitable foundation inc on a quarterly basis. the board will review no more than one grant application submission from an organization in a twelve month period. organizations awarded a grant will be required to submit a final grant report. the submission of a grant request does not guarantee it will be funded. the board shall determine which 501(c)(3) nonprofit organizations shall receive a grant based on need and alignment with the banknewport charitable foundation inc's purpose.
As reported on the foundation's Form 990-PF for tax year 2025. Requirements change; confirm with the foundation before applying.
Largest grants, tax year 2025
Historical data · not a prediction| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Rhode Island Community Food Bank | Providence, RI | Exempt Purpose | $25,000 |
| Hasbro Children's Hospital | Providence, RI | Exempt Purpose | $20,000 |
| Local Initiatives Support Corporation (lisc) | Providence, RI | Exempt Purpose | $20,000 |
| Potter League for Animals | Middletown, RI | Exempt Purpose | $20,000 |
| Child & Family Services | Middletown, RI | Exempt Purpose | $15,000 |
| Hope & Main | Warren, RI | Exempt Purpose | $15,000 |
| Pawtucket Central Falls Development | Pawtucket, RI | Exempt Purpose | $15,000 |
| Project Goal Inc | Providence, RI | Exempt Purpose | $15,000 |
| Salve Regina University | Newport, RI | Exempt Purpose | $15,000 |
| Star Kids Scholarship Program | Middletown, RI | Exempt Purpose | $15,000 |
| Bike Newport | Newport, RI | Exempt Purpose | $12,000 |
| Federal Hill House Association | Providence, RI | Exempt Purpose | $11,000 |
| Boys Town New England | Portsmouth, RI | Exempt Purpose | $10,000 |
| Capital Good Fund (the) | Providence, RI | Exempt Purpose | $10,000 |
| Central Falls Foundation | Central Falls, RI | Exempt Purpose | $10,000 |
| Dr Martin Luther King Jr Community Center | Newport, RI | Exempt Purpose | $10,000 |
| Iyrs School of Technology & Trades | Newport, RI | Exempt Purpose | $10,000 |
| John Clarke Nursing and Retirement Center | Middletown, RI | Exempt Purpose | $10,000 |
| Meals on Wheels of Rhode Island Inc | Providence, RI | Exempt Purpose | $10,000 |
| Northern Rhode Island Food Pantry | Cumberland, RI | Exempt Purpose | $10,000 |
| One Neighborhood Builders | Providence, RI | Exempt Purpose | $10,000 |
| Providence Public Library (ppl) | Providence, RI | Exempt Purpose | $10,000 |
| Sail Newport | Newport, RI | Exempt Purpose | $10,000 |
| Social Enterprise Greenhouse | Providence, RI | Exempt Purpose | $10,000 |
| Crossroads Rhode Island | Providence, RI | Exempt Purpose | $8,000 |
The 25 largest of 106 grants listed on the return. Names and purposes as reported to the IRS.
Where its grants went
Quick answers
Does Banknewport Charitable Foundation Inc accept grant applications?
Its Form 990-PF lists how to submit a request. Form and materials: See application. Deadlines: See application for deadlines. Restrictions: Grants are made to support specific programs or capital fund requests for 501(c)(3) nonprofit organizations that qualify under the irs to receive tax deductible charitable donations, including essential health and human services and community development programs. requests for annual operating support, including salaries and stipends, will not ordinarily meet funding criteria. it is intended that grant proposals are considered by the banknewport charitable foundation inc on a quarterly basis. the board will review no more than one grant application submission from an organization in a twelve month period. organizations awarded a grant will be required to submit a final grant report. the submission of a grant request does not guarantee it will be funded. the board shall determine which 501(c)(3) nonprofit organizations shall receive a grant based on need and alignment with the banknewport charitable foundation inc's purpose.. Confirm current requirements with the foundation before applying.
How much does Banknewport Charitable Foundation Inc give each year?
For tax year 2025, it reported $614,000 in grants and contributions paid (106 grants). Giving can change from year to year.
What organizations has Banknewport Charitable Foundation Inc funded?
Its largest grants in tax year 2025 went to Rhode Island Community Food Bank (RI), $25K, Hasbro Children's Hospital (RI), $20K, Local Initiatives Support Corporation (lisc) (RI), $20K, Potter League for Animals (RI), $20K and Child & Family Services (RI), $15K.