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
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
Share of all 22 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 22 grants totaling $30K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Aucone Jenna ($2K). Together the top 10 received $16K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 22 grants of 22 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Aucone Jenna Johnston, RI | Scholarship | $1,600 |
| Borden Timothy Tiverton, RI | Scholarship | $1,600 |
| Carroll Ryan Norton, MA | Scholarship | $1,600 |
| Correira Jadyn Dartmouth, MA | Scholarship | $1,600 |
| Johnson Kathryn Charlestown, RI | Scholarship | $1,600 |
| McQueston Casey Exeter, RI | Scholarship | $1,600 |
| Myers Hayden Coventry, RI | Scholarship | $1,600 |
| Popiel Renee Sterling, CT | Scholarship | $1,600 |
| Swanson Reese Somerset, MA | Scholarship | $1,600 |
| Wright Abby Berkley, MA | Scholarship | $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 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Added Form 990-EZ for fiscal year 2019 (received by the IRS March 13, 2020)
- 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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