Fm Foundation
FM Foundation is a private foundation based in Johnston, Rhode Island, established in February 1987. The organization holds 501(c)(3) tax-exempt status and operates as a grantmaking foundation. The foundation maintains significant assets and engages in substantial philanthropic activity across multiple states.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.8M
-29.9% YoY
Annual Giving
$7.9M
+24.5% YoY
Grant Count
25
-85.1% YoY
Avg Grant Size
$317K
+736.6% YoY
Grantmaking
FM Foundation is an active grantmaker that distributed $7,934,230 in total giving according to recent filings. The foundation made 165 grants in its most recent reporting year.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends across multiple states, with documented funding activity in Texas, Massachusetts, Washington, Florida, Tennessee, and New York, among others.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024):
- Total Assets: $16,817,641
- Total Revenues: $1,026,424
- Total Expenses: $8,200,404
- Total Giving: $7,934,230
Prior Year Data (2023):
- Total Assets: $24,000,000
- Total Revenues: $198,000
- Total Expenses: $6,540,000
The foundation maintains zero liabilities and operates with no employees on staff.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,817,641 | $23,991,621 | $30,337,700 |
| Revenue | $1,026,424 | $197,753 | $38,482 |
| Expenses | $8,200,404 | $6,543,832 | $7,336,064 |
| Qualifying Distributions | $8,137,110 | $6,389,477 | $6,774,528 |
| Net Investment Income | $977,630 | $177,753 | $18,482 |
| Distributable Amount | $1,022,660 | $1,396,951 | $1,565,465 |
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
225 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
Key personnel include:
- Malcolm C Roberts — Director, Chairman, President, and Chief Executive Officer
- Sanjay Chawla — Senior Vice President, Investments
- Angie Henderson Moncada — Senior Vice President, Marketing
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Malcolm C Roberts | Director Chairman President & CEO | 0.25 | — |
| Alex Tadmoury | EVP & CEO | 0.25 | — |
| Sanjay Chawla | EVP Investments | 0.25 | — |
| Courtney Mazyck | Assistant Vice President Finance | 2 | — |
| Andrew S Brooslin | Secretary | 0.25 | — |
| Denise Hebert | Director Vice President | 0.25 | — |
| Deanna Fidler | Executive Vice President | 0.25 | — |
| Kashia Moua | CSO | 0.25 | — |
| Christopher Dempsey | EMEA Division Manager | 0.25 | — |
| Andrew Bryson | SVP Engineering & Research | 0.25 | — |
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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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