Cielo Azul Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 6 grants totaling $111K. Net investment income was $38K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-5.1% YoY
Annual Giving
$111K
-2.0% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$18K
-51.0% YoY
Under IRS private-foundation payout rules, Cielo Azul Foundation reported a distributable amount of $107K for 2024 — the minimum it must pay out in qualifying distributions.
About Cielo Azul Foundation
Based on IRS filings
Cielo Azul Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 6 grants totaling $111K. Net investment income was $38K.
Focus Areas
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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 | $1,396,546 | $1,471,706 | $1,478,213 |
| Revenue | $46,725 | $118,134 | $152,025 |
| Expenses | $121,875 | $124,641 | $130,993 |
| Qualifying Distributions | $112,659 | $114,875 | $122,418 |
| Net Investment Income | $37,509 | $108,368 | $143,450 |
| Distributable Amount | $107,151 | $100,024 | $105,728 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dr Martin Luther King Community Center ($100,000), World Central Kitchen ($5,222), Newport Classical ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NEWPORT SINGS NEWPORT, RI | GENERAL ENDOWMENT | $288 |
| MCM FUNDRAISING LLC VERNON, CT | GENERAL ENDOWMENT | $312 |
| META-PPGF WASHINGTON, DC | GENERAL ENDOWMENT | $1,000 |
| WORLD CENTRAL KITCHEN WASHINGTON, DC | GENERAL ENDOWMENT | $5,222 |
| DR MARTIN LUTHER KING COMMUNITY CENTER NEWPORT, RI | GENERAL ENDOWMENT | $100,000 |
| NEWPORT CLASSICAL NEWPORT, RI | GENERAL ENDOWMENT | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BETSY BLAIR | PRESIDENT/DIRECTOR | — | — |
| JAMES VAN WINKLE | VP/SEC'Y/TREAS/DIR | — | — |
| KATHRYN VAN WINKLE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cielo Azul Foundation?
Cielo Azul Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT, RI. It holds $1.4M in total assets as of 2024.
How large is Cielo Azul Foundation?
As of 2024, Cielo Azul Foundation holds $1.4M in total assets with $47K in annual revenue. It awarded 6 grants totaling $111K in 2024.
Where does Cielo Azul Foundation operate?
Cielo Azul Foundation has awarded grants in Connecticut, District of Columbia, Massachusetts, Rhode Island, Texas.
What size grants does Cielo Azul Foundation award?
In 2024, Cielo Azul Foundation awarded 6 grants totaling $111K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Cielo Azul Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cielo Azul Foundation reported a distributable amount of $107K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cielo Azul Foundation's EIN?
Cielo Azul Foundation's EIN (Employer Identification Number) is 74-2982455. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Cielo Azul Foundation'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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