Cvs Health Charity Classic Inc

WOONSOCKET, RI EIN: 05-0508742

CVS Health Charity Classic Inc is a 501(c)(3) private grantmaking foundation based in Woonsocket, Rhode Island. Established in 1999, the organization operates as a public charity that has become a significant philanthropic force in Southern New England communities. The organization combines charitable giving with community events, including performances and golf tournaments, to support nonprofit organizations across the region.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Revenue

$62

-79.3% YoY

Net Investment Income

Expenses

$87

-100.0% YoY

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

Mission & Focus Areas

The organization's primary focus areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

The foundation's grantmaking supports a diverse range of charitable causes across Southeastern New England.

Grantmaking

Grant Range

$6,842–$100,000

Ready to take the next step with Cvs Health Charity Classic Inc?

Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Southeastern New England, with particular emphasis on Rhode Island communities.

Grant Distribution by State

6states

Cities

AtlantaAttleboroBarringtonBostonCentral FallsCranstonCumberlandDelray BeachDorchesterDracutEast ProvidenceFarmingtonFoxboroFraminghamJohnstonMiddletownN AttleboroN FalmouthNew BedfordNew Haven

Financial History

Multi-year comparison from IRS filings

Historical Financial Data (as of December 2016):

  • Total Assets: $1,157,579
  • Total Income: $9,205,843
  • Revenue: $1,009,718

Recent Financial Data (2024):

  • Total Assets: $100,000
  • Total Giving: $834,000
  • Annual Expenses: $908,000
  • Number of Grants: 35

Tax Status: The organization received tax-exempt status from the IRS in May 2000 and is classified as an organization receiving substantial support from governmental units or the general public under 170(b)(1)(A)(vi).

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$583K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$100,025$1,018,799
Revenue$62$300$6,856
Expenses$87$908,461$341,569
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$395K$790K$1M$2M55 grants202076 grants20210 grants202235 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

135 grants across all recorded years

128<$50K5$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Jeffrey E Clark is listed as a key contact for the organization.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
FAITH WEINERPRESIDENT/DIRECTOR
THOMAS S MOFFATTVICE PRES/SEC/DIR
ROLFE HUBLEYDIRECTOR
CAROL A DENALEVICE PRESIDENT/ TREASURER
JOSHUA C COLEASSISTANT TREASURER
MELANIE K ST ANGELOASSISTANT SECRETARY

Recent News & Activity

Recent developments and announcements

2023

The CVS Health Charity Classic has reached a $20 million milestone in cumulative giving to Southeastern New England charities since its inception. The organization has distributed significant grants to support local nonprofits, with recent annual distributions exceeding $800,000. In 2023 alone, the foundation awarded grants to 35 different organizations across the region.

CVS Health Foundation awards $2 million in Hometown Fund grants

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with Cvs Health Charity Classic Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities