Aquidneck Foundation
Aquidneck Foundation is a private foundation based in Chestnut Hill, Massachusetts. Its 2025 filing reports grants to organizations in Massachusetts, New York, and Washington, DC, among other states.
Aquidneck Foundation at a glance
In short: Aquidneck Foundation gave $329K across 14 grants in 2025 (avg $23K), mostly in Massachusetts. 64% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $328,980
- +277.1% vs 2024
- Grants made (2025)
- 14
- +16.7% vs 2024
- Average grant
- $23,499
- +223.2% vs 2024
- Median grant
- $5,500
- Total assets
- $68,502
- +12.2% vs 2024
- New grantees (estimate)
- 64% first-time grantees (9 of 14, 2025; small sample)
- Primary geography
- Massachusetts (81% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Aquidneck Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 327 Heath Street, Chestnut Hill, MA 02467
Phone: (617) 204-2015
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Aquidneck Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was ACLU ($210K). Together the top 10 received $321K.
Grant Size Distribution
85 grants across all recorded years
The most common grant size was under $50K: 83 grants of 85 (98%).
Geographic Focus
Where this funder awards grants
In 2025, 81% of grant dollars went to recipients in Massachusetts, 17% to New York, and 2% to Washington, DC. The filing also reports 0% shares for Illinois and Rhode Island.
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
Cities
Is Aquidneck Foundation open to new grantees?
64%
first-time grantees, 2025
In 2025, 9 of 14 grantees (64%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $29K; repeat grants $14K. How we count
Medians: $5K first-time, $10K repeat.
- 29% of 2025 grantees were also funded in 2024. Method
- Giving fell 84% from 2022 to 2025. Method
- In 2025 it paid out 316% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $70K (2021) to $2.1M (2022). In 2025 it made 14 grants totaling $329K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| ACLU Boston, MA | Unrestricted Contribution | $210,000 |
| Harvard University Cambridge, MA | Unrestricted Contribution | $30,000 |
| Berkeley Carroll School Brooklyn, NY | Unrestricted Contribution | $25,000 |
| Vinfen Gateway Arts Brookline, MA | Unrestricted Contribution | $15,000 |
| Dana-Farber - PMC Needham, MA | Unrestricted Contribution | $10,000 |
| Prospect Park Alliance Brooklyn, NY | Unrestricted Contribution | $10,000 |
| Friends of Fondation De France New York, NY | Unrestricted Contribution | $6,000 |
| Brooklyn Public Library Brooklyn, NY | Unrestricted Contribution | $5,000 |
| Brooklyn Museum Brooklyn, NY | Unrestricted Contribution | $5,000 |
| Share Our Strength Washington, DC | Unrestricted Contribution | $5,000 |
Ready to take the next step with Aquidneck Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $68,502 | $362,620 | $355,151 | $328,980 | 14 | $328,980 | $362,620 | $104,242 |
| 2024 | $61,033 | $127,834 | $105,437 | $87,250 | 12 | $87,250 | $114,682 | $57,351 |
| 2023 | $44,287 | $141,602 | $161,222 | $111,750 | 19 | $111,750 | $126,450 | $74,663 |
| 2022 | $63,907 | $2,148,666 | $2,140,177 | $2,105,750 | 22 | $2,105,750 | $2,115,274 | $115,373 |
| 2021 | $55,418 | $85,302 | $93,165 | $69,500 | 18 | — | $64,677 | $116,629 |
| 2020 | $63,281 | $99,939 | $115,582 | $90,875 | 28 | — | $81,264 | $85,318 |
Under IRS private-foundation payout rules, Aquidneck Foundation reported a distributable amount of $104K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission statement is provided. Its 2025 grants include support for organizations with varied missions. For example, Prospect Park Alliance describes its work as caring for Prospect Park’s natural environment, preserving its historic design, and providing public facilities and programs. Brooklyn Public Library says its mission is to preserve and share knowledge, history, and culture and provide free access to information. Share Our Strength describes its work as helping communities feed children and addressing the root causes of hunger and poverty.
Grantmaking
In 2025, the foundation made 14 grants totaling $328,980. Grants ranged from $500 to $210,000, with a median of $5,500. The largest listed grants were $210,000 to ACLU in Boston, $30,000 to Harvard University, $25,000 to Berkeley Carroll School, and $15,000 to Vinfen Gateway Arts. Each was listed as an unrestricted contribution.
Other listed grants include $10,000 to Prospect Park Alliance and $10,000 to Dana-Farber - PMC; $6,000 to Friends of Fondation de France; and $5,000 each to Brooklyn Public Library, Brooklyn Museum, Share Our Strength, and Transportation Alternatives.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Stephen B. Kay as trustee.
Aquidneck Foundation is led by Stephen B. Kay, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Stephen B. Kay
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Aquidneck Foundation
How much does Aquidneck Foundation give each year?
Aquidneck Foundation gave $329K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $87K across 12 grants.
What is Aquidneck Foundation's typical grant size?
Aquidneck Foundation's median grant in 2025 was $5,500, and its average grant was $23,499, across 14 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Aquidneck Foundation that year got $29K on average.
Where does Aquidneck Foundation give grants?
Aquidneck Foundation gives mostly in Massachusetts: 81% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (17%). The most frequent recipient cities were Brooklyn, NY (4 grants) and New York, NY (2 grants).
Does Aquidneck Foundation give general operating support?
Yes: 100% of Aquidneck Foundation's 2025 grants with a stated purpose (14 of 14) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Aquidneck Foundation's largest grantees?
Aquidneck Foundation's largest 2025 grantees include ACLU ($210,000), Harvard University ($30,000) and Berkeley Carroll School ($25,000), according to its 2025 IRS Form 990-PF. Together they received 81% of its itemized 2025 grant dollars.
How large is Aquidneck Foundation?
Aquidneck Foundation reported $69K in total assets on its 2025 IRS Form 990-PF. It paid out $329K in qualifying distributions that year, against a required minimum of $104K (roughly 5% of its investment assets).
What does Aquidneck Foundation fund?
No foundation mission statement is provided. Its 2025 grants include support for organizations with varied missions. For example, Prospect Park Alliance describes its work as caring for Prospect Park’s natural environment, preserving its historic design, and providing public facilities and programs. See mission & focus areas ↑
How do I apply for a grant from Aquidneck Foundation?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Aquidneck Foundation's EIN?
Aquidneck Foundation's EIN (Employer Identification Number) is 13-3102904. IRS Form 990 filing data is available on this page for 2020–2025.
Does Aquidneck Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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Cite this profile
Grantable. (2026). Aquidneck Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/aquidneck-foundation-morg_ec2e696833e646a8b031110b4cc8685b
BibTeX
@misc{grantable_133102904_2026,
author = {{Grantable}},
title = {{Aquidneck Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/aquidneck-foundation-morg_ec2e696833e646a8b031110b4cc8685b},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Aquidneck Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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