Herbert E & Daisy a Stride

MIDDLETOWN, RI EIN: 23-7097640

Herbert E & Daisy a Stride is a private foundation, based in MIDDLETOWN, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 9 grants totaling $109K. Net investment income was $120K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+0.4% YoY

Annual Giving

$109K

-25.6% YoY

Grant Count

-10.0% YoY

Avg Grant Size

$12K

-17.3% YoY

Under IRS private-foundation payout rules, Herbert E & Daisy a Stride reported a distributable amount of $98K for 2024 — the minimum it must pay out in qualifying distributions.

About Herbert E & Daisy a Stride

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Rhode Island $480K (100%)

States

Rhode Island

Cities

MiddletownNewportPortsmouthProvidence

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,620,669	$1,614,950	$1,710,971
Revenue	$129,976	$64,969	$137,392
Expenses	$121,847	$160,638	$63,838
Qualifying Distributions	$110,400	$148,600	$51,376
Net Investment Income	$119,850	$51,311	$89,280
Distributable Amount	$98,059	$93,350	$92,991

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

43 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Warren Alpert Medical School ($45,000), Reach Out and Read Ri ($12,000), Boys and Girls Club of Newport ($10,000).

Recipient	Purpose	Amount
BOYS AND GIRLS CLUB OF NEWPORT NEWPORT, RI	SUPPORT FOR VARIOUS PROGRAMS FOR YOUTH IN NEED.	$10,000
EAST BAY COMMUNITY ACTION PROGRAM NEWPORT, RI	SUPPORT FOR ACCESSIBLE HEALTH AND HUMAN SERVICES.	$5,000
REACH OUT AND READ RI PROVIDENCE, RI	SUPPORT FOR EARLY LITERACY EDUCATION.	$12,000
SALVE REGINA UNIVERSITY NEWPORT, RI	SUPPORT FOR EDUCATION.	$10,000
SAVE THE BAY PROVIDENCE, RI	SUPPORT FOR THE ADVOCACY, EDUCATION, AND HABITAT RESTORATION OF NARRAGANSETT BAY.	$6,000
STAR KIDS SCHOLARSHIP PROGRAM MIDDLETOWN, RI	SUPPORT FOR TUITION AID AND EDUCATIONAL OPPORTUNITIES.	$5,000
VISITING NURSE HOME & HOSPICE PORTSMOUTH, RI	SUPPORT FOR INDIVIDUALS WITH CHRONIC OR TERMINAL ILLNESSES.	$6,000
WARREN ALPERT MEDICAL SCHOOL PROVIDENCE, RI	SUPPORT FOR HEALTH OF INDIVIDUALS AND COMMUNITIES THROUGH MEDICAL EDUCATION.	$45,000
LUCY'S HEARTH MIDDLETOWN, RI	SUPPORT FOR CHILDREN AND FAMILIES EXPERIENCING HOMELESSNESS.	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WD LEVIN	DIRECTOR	0.15	$600
J SALM	DIRECTOR	0.15	$600
E GALVIN	DIRECTOR	0.15	$900

Frequently Asked Questions

How large is Herbert E & Daisy a Stride?

As of 2024, Herbert E & Daisy a Stride holds $1.6M in total assets with $130K in annual revenue. It awarded 9 grants totaling $109K in 2024.

Where does Herbert E & Daisy a Stride operate?

Herbert E & Daisy a Stride has awarded grants in Rhode Island.

What size grants does Herbert E & Daisy a Stride award?

In 2024, Herbert E & Daisy a Stride awarded 9 grants totaling $109K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Herbert E & Daisy a Stride required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Herbert E & Daisy a Stride reported a distributable amount of $98K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.