Cielo Azul Foundation
Cielo Azul Foundation is a private foundation, based in Newport, RI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 3 grants totaling $116K. Net investment income was $113K.
Cielo Azul Foundation at a glance
In short: Cielo Azul Foundation gave $116K across 3 grants in 2025 (avg $39K), mostly in Rhode Island. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $116,145
- +4.8% vs 2024
- Grants made (2025)
- 3
- -50.0% vs 2024
- Average grant
- $38,715
- +109.6% vs 2024
- Median grant
- $5,000
- Total assets
- $1,391,352
- -0.4% vs 2024
- Primary geography
- Rhode Island (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Cielo Azul Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Dr Martin Luther King Community Center ($110K). Together the top 3 received $116K.
Grant Size Distribution
24 grants across all recorded years
The most common grant size was under $50K: 18 grants of 24 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Cielo Azul Foundation gives
- Giving held roughly steady from 2022 to 2025 (−4%). Method
- In 2025 it paid out 107% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $111K (2024) to $172K (2020). In 2025 it made 3 grants totaling $116K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Dr Martin Luther King Community Center Newport, RI | General Endowment | $110,000 |
| University of Rhode Island Kingston, RI | General Endowment | $5,000 |
| Impact 100 Newport CO Newport, RI | General Endowment | $1,145 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,391,352 | $122,056 | $127,250 | $116,145 | 3 | $118,645 | $113,451 | $111,131 |
| 2024 | $1,396,546 | $46,725 | $121,875 | $110,822 | 6 | $112,659 | $37,509 | $107,151 |
| 2023 | $1,471,706 | $118,134 | $124,641 | $113,125 | 3 | $114,875 | $108,368 | $100,024 |
| 2022 | $1,478,213 | $152,025 | $130,993 | $120,668 | 3 | $122,418 | $143,450 | $105,728 |
| 2021 | $1,457,181 | $117,050 | $130,429 | $118,919 | 9 | $120,419 | $107,040 | $116,899 |
| 2020 | $1,470,560 | $103,542 | $180,653 | $172,090 | 7 | — | $96,479 | $102,722 |
Under IRS private-foundation payout rules, Cielo Azul Foundation reported a distributable amount of $111K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Cielo Azul Foundation is led by Betsy Blair, President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Betsy Blair
President & Director
On filings since 2020
No compensation reported
James Van Winkle
Vice President, Sec'y, Treasurer & Director
On filings since 2020
No compensation reported
Kathryn Bass
Director
New on the 2025 filing
No compensation reported
Former officers (1)
- Former: Kathryn Van Winkle (2020–2024) — Director
Data from IRS Form 990 filings, 2020–2025. "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 Cielo Azul Foundation
How much does Cielo Azul Foundation give each year?
Cielo Azul Foundation gave $116K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $111K across 6 grants.
What is Cielo Azul Foundation's typical grant size?
Cielo Azul Foundation's median grant in 2025 was $5,000, and its average grant was $38,715, across 3 grants on its 2025 IRS Form 990-PF.
Where does Cielo Azul Foundation give grants?
Cielo Azul Foundation gives mostly in Rhode Island: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Newport, RI (2 grants).
Does Cielo Azul Foundation give general operating support?
Yes: 100% of Cielo Azul Foundation's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Cielo Azul Foundation?
Cielo Azul Foundation reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $119K in qualifying distributions that year, against a required minimum of $111K (roughly 5% of its investment assets).
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 27, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 3, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Cielo Azul Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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