Ashaway Charitable Trust
Ashaway Charitable Trust is a private foundation, based in WESTERLY, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 27 grants totaling $67K. Net investment income was $45K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-2.9% YoY
Annual Giving
$67K
+0.8% YoY
Grant Count
27
-15.6% YoY
Avg Grant Size
$2K
+19.4% YoY
Under IRS private-foundation payout rules, Ashaway Charitable Trust reported a distributable amount of $67K for 2024 — the minimum it must pay out in qualifying distributions.
About Ashaway Charitable Trust
Based on IRS filings
Ashaway Charitable Trust is a private foundation, based in WESTERLY, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 27 grants totaling $67K. Net investment income was $45K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,153,906 | $1,188,178 | $1,185,980 |
| Revenue | $46,197 | $80,074 | $63,719 |
| Expenses | $80,804 | $78,660 | $72,973 |
| Qualifying Distributions | $72,002 | $71,305 | $59,460 |
| Net Investment Income | $44,855 | $71,370 | $56,022 |
| Distributable Amount | $67,353 | $64,461 | $72,057 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
151 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Paul's School ($10,000), Westerly Land Trust ($9,000), The Gordon School ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| St Paul's School Concord, NH | UNRESTRICTED GIFT | $10,000 |
| Dana Hall School Wellesley, MA | UNRESTRICTED GIFT | $1,000 |
| Fall River Deaconess Home Fall River, MA | UNRESTRICTED GIFT | $2,000 |
| The Gordon School East Providence, RI | UNRESTRICTED GIFT | $5,000 |
| Memorial & Library Association of Westerly, RI | UNRESTRICTED GIFT | $1,000 |
| Audubon Society of Rhode Island Smithfield, RI | UNRESTRICTED GIFT | $1,000 |
| Ocean Community YMCA Westerly, RI | UNRESTRICTED GIFT | $1,000 |
| Ashaway Free Library Ashaway, RI | UNRESTRICTED GIFT | $1,000 |
| United Way of Rhode Island Inc Providence, RI | UNRESTRICTED GIFT | $3,000 |
| Meals on Wheels of RI Inc Providence, RI | UNRESTRICTED GIFT | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| The Washington Trust Company | Trustee | 1 | $11,254 |
| Kathryn C Crandall | Officer | 1 | — |
| Steven Crandall | Trustee | 1 | — |
Frequently Asked Questions
How large is Ashaway Charitable Trust?
As of 2024, Ashaway Charitable Trust holds $1.2M in total assets with $46K in annual revenue. It awarded 27 grants totaling $67K in 2024.
Where does Ashaway Charitable Trust operate?
Ashaway Charitable Trust has awarded grants in Connecticut, Massachusetts, New Hampshire, Rhode Island.
What size grants does Ashaway Charitable Trust award?
In 2024, Ashaway Charitable Trust awarded 27 grants totaling $67K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Ashaway Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ashaway Charitable Trust reported a distributable amount of $67K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ashaway Charitable Trust's EIN?
Ashaway Charitable Trust's EIN (Employer Identification Number) is 05-6003255. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ashaway Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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