Edward J & Virginia M Routhier Foundation
The Edward J & Virginia M Routhier Foundation is a private foundation based in Johnston, Rhode Island. The foundation operates as a grantmaking organization dedicated to supporting charitable causes, with a particular emphasis on nursing education and healthcare-related initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.4M
+2.0% YoY
Annual Giving
$1.4M
+20.0% YoY
Grant Count
47
+23.7% YoY
Avg Grant Size
$29K
-3.0% YoY
Mission & Focus Areas
The foundation supports nursing education and healthcare. The foundation has established the Edward J. and Virginia M. Routhier Nursing Scholarship, which provides financial support to Licensed RN nursing students in Rhode Island pursuing undergraduate and postgraduate education.
Grantmaking
The Edward J. and Virginia M. Routhier Nursing Scholarship awards between $500 and $5,000 to eligible nursing students. Applicants must be residents of Rhode Island and enrolled in Rhode Island-accredited schools.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations and individuals in Rhode Island.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2023):
- Total assets: $17,006,592 to $20,000,000
- Total annual giving: $1,137,000 to $1,200,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,351,723 | $17,006,592 | $17,416,503 |
| Revenue | $1,796,662 | $882,565 | $912,344 |
| Expenses | $1,503,800 | $1,270,105 | $1,173,278 |
| Qualifying Distributions | $1,405,525 | $1,176,082 | $1,082,496 |
| Net Investment Income | $1,714,119 | $796,259 | $831,042 |
| Distributable Amount | $1,039,776 | $962,745 | $985,302 |
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
207 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is administered by Citizens Bank N.A. as trustee. The distribution committee includes:
- Dennis DiBenedetto (Distribution Committee Member)
- David Rampone (Distribution Committee Member)
- Renee R Evangelista (Distribution Committee Member)
- Peter Arden (Distribution Committee Member)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CITIZENS BANK N A | TRUSTEE | 5 | $50,277 |
| DENNIS DIBENEDETTO | DISTRIBUTION COMMITTEE MEMBER | 2 | $23,000 |
| DAVID RAMPONE | DISTRIBUTION COMMITTEE MEMBER | 1 | $2,000 |
| RENEE R EVANGELISTA | DISTRIBUTION COMMITTEE MEMBER | 1 | $2,000 |
| PETER ARDEN | DISTRIBUTION COMMITTEE MEMBER | 1 | $1,000 |
Recent News & Activity
Recent developments and announcements
In 2007, the Routhier Foundation donated $500,000 to the University of Rhode Island, demonstrating the foundation's commitment to supporting higher education institutions in the state.
Routhier Foundation donates $500,000 to URI \u2013 Rhody TodaySubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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