Private Foundation · RI · Corporate Foundations
Banknewport Charitable Foundation
Middletown, RI · EIN 882461260 · Website (ProPublica) ↗ · 990s on ProPublica ↗
Assets
$12.5M
Total Giving
$50K
Grants on File
7
Average Grant
$7K
Giving Radius
Where Banknewport Charitable Foundation Has Given
Section I
How to Apply
See application.
On Unsolicited Proposals yes
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.
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Portsmouth, RI | $5K | 2023 |
| Middletown, RI | $4K | 2023 |
| Providence, RI | $4K | 2023 |
| Providence, RI | $4K | 2023 |
| Providence, RI | $4K | 2023 |
| Providence, RI | $25K | 2023 |
| Providence, RI | $4K | 2023 |
7 grants total
Section VII
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