Carpenters Scholarship Fund

Private foundation · Grantmaker Warwick, RI EIN: 05-0436957

Carpenters Scholarship Fund is a private foundation based in Warwick, Rhode Island. Its 2025 filing reports that it pays scholarships to applicable recipients.

Key facts about Carpenters Scholarship Fund

In short: Carpenters Scholarship Fund gave $30K across 22 grants in 2025 (avg $1K), top state Rhode Island. Source: 2025 IRS Form 990-PF.

EIN
05-0436957
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$30,176
Grants made (2025)
22
Average grant
$1,372
Median grant
$1,550
Total assets
$208,934
Primary geography
Rhode Island (46% of itemized 2025 grant dollars)
How to apply
The filing lists Michael Holmes as the contact and describes the application materials and restrictions above. Full details ↓
Deadline
August 7, as listed on the 2025 filing; this date has passed.

Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$209K

-16.0% YoY

Annual Giving

$30K

Grant Count

22

Avg Grant Size

$1K

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The funder’s 2025 filing describes direct charitable activity as paying scholarships to applicable recipients. It does not state a separate mission.

Grantmaking

In 2025, the funder reported 22 scholarship grants totaling $30,176. Grants ranged from $276 to $1,600, with a median of $1,550. The largest awards were 11 grants of $1,600 each; another reported award was $1,500.

Review Cycle

August 7, as listed on the 2025 filing; this date has passed.

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Geographic Focus

Where this funder awards grants

In 2025, 46% of grant dollars went to recipients in Rhode Island, 46% to recipients in Massachusetts, and 8% to recipients in Connecticut.

Grant Distribution by State

3states

Share of all 22 itemized 2025 grant dollars.

Cities

BerkleyCoventryFairhavenNewportCharlestownCumberlandDanielsonDartmouthEast FreetownExeterJohnstonManvilleNortonPortsmouthRehobothSomersetSterlingTiverton

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K0 grants20190 grants20200 grants20210 grants20220 grants20230 grants202422 grants2025

In 2025 it made 22 grants totaling $30K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Aucone Jenna: $2KAucone Jenna$2KBorden Timothy: $2KBorden Timothy$2KCarroll Ryan: $2KCarroll Ryan$2KCorreira Jadyn: $2KCorreira Jadyn$2KJohnson Kathryn: $2KJohnson Kathryn$2KMcQueston Casey: $2KMcQueston Casey$2KMyers Hayden: $2KMyers Hayden$2KPopiel Renee: $2KPopiel Renee$2KSwanson Reese: $2KSwanson Reese$2KWright Abby: $2KWright Abby$2K

The largest 2025 recipient was Aucone Jenna ($2K). Together the top 10 received $16K.

Grant Size Distribution

22 grants across all recorded years

22<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 22 grants of 22 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Aucone Jenna Johnston, RIScholarship$1,600
Borden Timothy Tiverton, RIScholarship$1,600
Carroll Ryan Norton, MAScholarship$1,600
Correira Jadyn Dartmouth, MAScholarship$1,600
Johnson Kathryn Charlestown, RIScholarship$1,600
McQueston Casey Exeter, RIScholarship$1,600
Myers Hayden Coventry, RIScholarship$1,600
Popiel Renee Sterling, CTScholarship$1,600
Swanson Reese Somerset, MAScholarship$1,600
Wright Abby Berkley, MAScholarship$1,600

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants reported
2025 $208,934 $179 $39,998 $30,176 across 22 grants
2024 $248,753 $957 $40,120 0 grants
2023 $287,916 $1,068 $32,357 0 grants
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2019202020212022202320242025
Metric202520242023
Total Assets$208,934$248,753$287,916
Revenue$179$957$1,068
Expenses$39,998$40,120$32,357
Qualifying Distributions$30,176——
Net Investment Income$179——
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-EZ for fiscal year 2019 (received by the IRS March 13, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS August 27, 2026)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Anthony Elgar, Robert Morris, Matthew Medeiros, and Zachary McQuesten as trustees, and Michael Holmes as chairman.

Carpenters Scholarship Fund is led by Michael Holmes, Chairman on every filing since 2019; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Michael Holmes

    Chairman

    On filings since 2019

    1 hr/week

    No compensation reported

  • Anthony Elgar

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Matthew Medeiros

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Zachary McQuesten

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Robert Morris

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Andrew Gifford (2019–2021) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Michael Holmes
Mailing address: 14 Jefferson Park Rd, Warwick, RI 02888
Phone: (401) 424-1100

Frequently asked questions about Carpenters Scholarship Fund

How much does Carpenters Scholarship Fund give each year?

Carpenters Scholarship Fund gave $30K across 22 grants in 2025, according to its 2025 IRS Form 990-PF.

What is Carpenters Scholarship Fund's typical grant size?

Carpenters Scholarship Fund's median grant in 2025 was $1,550, and its average grant was $1,372, across 22 grants on its 2025 IRS Form 990-PF.

Where does Carpenters Scholarship Fund give grants?

Carpenters Scholarship Fund's top state is Rhode Island, with 46% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Massachusetts (46%) and Connecticut (8%). The most frequent recipient cities were Berkley, MA (2 grants), Fairhaven, MA (2 grants), Coventry, RI (2 grants) and Newport, RI (2 grants).

Does Carpenters Scholarship Fund give general operating support?

Not in 2025: none of the 22 grants with a stated purpose on Carpenters Scholarship Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (22 grants).

Who are Carpenters Scholarship Fund's largest grantees?

Carpenters Scholarship Fund's largest 2025 grantees include Aucone Jenna ($1,600), Borden Timothy ($1,600) and Carroll Ryan ($1,600), according to its 2025 IRS Form 990-PF. Together they received 16% of its itemized 2025 grant dollars.

How large is Carpenters Scholarship Fund?

Carpenters Scholarship Fund reported $209K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $179.

What does Carpenters Scholarship Fund fund?

The funder’s 2025 filing describes direct charitable activity as paying scholarships to applicable recipients. It does not state a separate mission. See mission & focus areas ↑

How do I apply for a grant from Carpenters Scholarship Fund?

The filing lists Michael Holmes as the contact and describes the application materials and restrictions above. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Carpenters Scholarship Fund's EIN?

Carpenters Scholarship Fund's EIN (Employer Identification Number) is 05-0436957. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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