Cheryl Ann Faulkner Dowding Foundation

Private foundation · Grantmaker South Kingstown, RI EIN: 05-0473350

Cheryl Ann Faulkner Dowding Foundation is a private foundation focused on Education, based in South Kingstown, RI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $53K in total assets. In 2025, it awarded 1 grant totaling $3K. Net investment income was $540.

Key facts about Cheryl Ann Faulkner Dowding Foundation

In short: Cheryl Ann Faulkner Dowding Foundation gave $3K across 1 grant in 2025 (avg $3K), mostly in Rhode Island. Source: 2025 IRS Form 990-PF.

EIN
05-0473350
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,800
Grants made (2025)
1
Average grant
$2,800
Median grant
$2,800
Total assets
$53,086
Primary geography
Rhode Island (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$53K

-5.0% YoY

Annual Giving

$3K

-6.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$3K

-6.7% YoY

Under IRS private-foundation payout rules, Cheryl Ann Faulkner Dowding Foundation reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.

How Cheryl Ann Faulkner Dowding Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−15%). Method
  • In 2025 it paid out 105% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Woonsocket

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$2K$3K$4K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $3K (2025) to $4K (2019). In 2025 it made 1 grant totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Woonsocket High School: $3KWoonsocket High School$3K

The largest 2025 recipient was Woonsocket High School ($3K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Woonsocket High School Woonsocket, RIScholarship$2,800

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$4K$6K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$53,086$55,851$58,587
Revenue$740$964$977
Expenses$3,505$3,700$3,714
Qualifying Distributions$2,800$3,000$3,050
Net Investment Income$540$822$889
Distributable Amount$2,675$2,807$2,941

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS May 6, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 4, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 2, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 30, 2024)

Leadership & Key People

Officers and directors from IRS filings

Cheryl Ann Faulkner Dowding Foundation is led by Lynn Quaranto, President since 2020 (on filings since 2019); none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Lynn Quaranto

    President

    President, Vice President, Treasurer & Secretary → President, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

  • Stephanie Quaranto

    Vice President & Treasurer

    Vice President → Vice President & Treasurer, 2025

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Ronald Quaranto

    Secretary

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Bret Zimmerman (2020–2024) — Treasurer
  • Former: Nicole Quaranto (2020–2024) — Secretary

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.

Frequently asked questions about Cheryl Ann Faulkner Dowding Foundation

How much does Cheryl Ann Faulkner Dowding Foundation give each year?

Cheryl Ann Faulkner Dowding Foundation gave $3K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3K across 1 grant.

How large is Cheryl Ann Faulkner Dowding Foundation?

Cheryl Ann Faulkner Dowding Foundation reported $53K in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

What is Cheryl Ann Faulkner Dowding Foundation?

Cheryl Ann Faulkner Dowding Foundation is a private foundation focused on Education, based in South Kingstown, RI. It holds $53K in total assets as of 2025.

Where does Cheryl Ann Faulkner Dowding Foundation operate?

Cheryl Ann Faulkner Dowding Foundation has awarded grants in Rhode Island.

What is Cheryl Ann Faulkner Dowding Foundation's EIN?

Cheryl Ann Faulkner Dowding Foundation's EIN (Employer Identification Number) is 05-0473350. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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