D Squared Foundation Inc
D Squared Foundation Inc is a private foundation based in Mansfield, Massachusetts. The foundation was established in 2019 and operates as a 501(c)(3) organization with EIN 83-1181123.
Key facts about D Squared Foundation Inc
- EIN
- 83-1181123
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $869,631
- Grants made (2024)
- 26
- Average grant
- $33,447
- Median grant
- $6,605
- Total assets
- $2,917,408
- Primary geography
- Nevada (57% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
Data from IRS Form 990-PF, 2024; updated June 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who D Squared Foundation Inc funds
By grant dollars, the top recipient states for D Squared Foundation Inc's 26 itemized 2024 grants were Nevada (57%), Rhode Island (12%) and Massachusetts (9%). The most frequent recipient cities were Middletown, RI (6 grants), Boston, MA (3 grants), Las Vegas, NV (2 grants) and West Haven, CT (2 grants). None of its 26 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable Donation" (26 grants).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
+94.7% YoY
Annual Giving
$870K
-25.9% YoY
Grant Count
26
+36.8% YoY
Avg Grant Size
$33K
-45.8% YoY
Under IRS private-foundation payout rules, D Squared Foundation Inc reported a distributable amount of $98K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation primarily focuses on charitable donations across multiple sectors including Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
Grantmaking
D Squared Foundation Inc distributes grants across a range of award sizes, with typical grants ranging from $1,000 to $500,000.
Grant Range
$25,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds charitable organizations in Rhode Island, Massachusetts, and New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2023):
- Total assets: $1,498,585
- Total giving: $1,173,554
- Total revenues: $621,591
- Total expenses: $1,189,829
- Giving rate: 78.3% of assets
- Number of employees: 0
Historical Comparison (2022):
- Total assets: $2,100,000
- Total giving: $597,000
- Number of grants: 9
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,917,408 | $1,498,585 | $2,066,823 |
| Revenue | $2,330,261 | $621,591 | $73,531 |
| Expenses | $911,438 | $1,189,829 | $612,857 |
| Qualifying Distributions | $878,505 | $1,177,805 | $599,677 |
| Net Investment Income | $1,127,212 | $810,462 | $357,566 |
| Distributable Amount | $98,055 | $91,407 | $96,973 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include BPS Foundation ($500,000 across 2 grants), Notre Dame High School ($72,750 across 2 grants), Green Oceans ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BPS Foundation Las Vegas, NV | Charitable Donation | $250,000 |
| BPS Foundation Las Vegas, NV | Charitable Donation | $250,000 |
| Green Oceans Tiverton, RI | Charitable Donation | $50,000 |
| Community Roots Charter School Brooklyn, NY | Charitable Donation | $50,000 |
| Notre Dame High School West Haven, CT | Charitable Donation | $47,750 |
| Rosie's Place Boston, MA | Charitable Donation | $40,000 |
| Newtowne School Incorporated Cambridge, MA | Charitable Donation | $30,000 |
| Tabernacle Learning Center Inc West Palm Beach, FL | Charitable Donation | $29,000 |
| Notre Dame High School West Haven, CT | Charitable Donation | $25,000 |
| Child & Family Services of Newport County Middletown, RI | Charitable Donation | $13,073 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| David J Canepari | President | 1 | — |
| Diane M Canepari | Vice President | 1 | — |
| Lauren M Canepari | Secretary | 1 | — |
Contact Information
Address: 120 Forbes Blvd Suite 180, Mansfield, MA 02048-1150
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does D Squared Foundation Inc fund?
The foundation primarily focuses on charitable donations across multiple sectors including Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
How do I apply for a grant from D Squared Foundation Inc?
D Squared Foundation Inc distributes grants across a range of award sizes, with typical grants ranging from $1,000 to $500,000. **Recent Grant Activity (2023):** • Total giving: $1,173,554 across 19 grants • Median grant size: $25,000 • Notable recent grants include: • Professional Nurses Chapter of the Brigham and Women's Hospital: $500,000 • St Columba's Chapel Historic Preservation Fund: $120,000 • Aquidneck Island Land Trust (AILT): $100,000 **Application Policy:** The foundation does not a…
Where does D Squared Foundation Inc make grants?
The foundation primarily funds charitable organizations in Rhode Island, Massachusetts, and New York.
What size grants does D Squared Foundation Inc award?
In 2024, D Squared Foundation Inc awarded 26 grants totaling $870K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is D Squared Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, D Squared Foundation Inc reported a distributable amount of $98K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is D Squared Foundation Inc's EIN?
D Squared Foundation Inc's EIN (Employer Identification Number) is 83-1181123. IRS Form 990 filing data is available on this page for 2020–2024.
Does D Squared Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines.
Explore Open Grants
Browse active grant opportunities in D Squared Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.