Hope & Main
To help local entrepreneurs jump-start early-stage food companies and food related businesses by providing low cost, low risk access to shared-use commercial kitchens and other industry-specific technical resources.
Key facts about Hope & Main
In short: Hope & Main gave $570K across 6 grants in 2025 (avg $95K), mostly in Rhode Island. Source: 2025 IRS Form 990.
- EIN
- 27-2917974
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $570,196
- Grants made (2025)
- 6
- Average grant
- $95,033
- Median grant
- $40,917
- Total assets
- $3,842,282
- Primary geography
- Rhode Island (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$3.8M
+52.6% YoY
Annual Giving
$570K
Grant Count
6
Avg Grant Size
$95K
About Hope & Main
Based on IRS filings
Hope & Main is a public charity focused on Community Improvement & Capacity Building, based in Warren, RI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.8M in total assets. In 2025, it awarded 6 grants totaling $570K.
Focus Areas
Ready to take the next step with Hope & Main?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 6 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 6 grants totaling $570K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Hope & Main Providence ($393K). Together the top 6 received $570K.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 5 grants of 6 (83%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hope & Main Providence Providence, RI | To support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship. | $393,196 |
| Rhode Island Hispanic Chamber Providence, RI | To support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship. | $45,270 |
| Social Enterprise Greenhouse Providence, RI | To support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship. | $41,000 |
| Rhode Island Black Business Association Providence, RI | To support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship. | $40,833 |
| Fuerza Laboral Central Falls, RI | To support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship. | $24,995 |
| Center for South East Asians Providence, RI | To support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship. | $24,902 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,842,282 | $2,518,207 | $2,480,495 |
| Revenue | $2,864,515 | $1,863,573 | $1,653,386 |
| Expenses | $3,064,061 | $1,896,190 | $1,611,836 |
| Net Investment Income | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS January 29, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
Leadership & Key People
Officers and directors from IRS filings
Hope & Main is led by Lisa Raiola MPH, President & Chair since 2025 (on filings since 2019); 2 of 12 officers listed in 2025 are compensated.
Officers on the 2025 filing
Lisa Raiola MPH
President & Chair
President → Chair, 2024
Chair → President & Chair, 2025
On filings since 2019
2 hrs/week
$46K (2025)
Luca Carnevale
Executive Director
New on the 2025 filing
40 hrs/week
$103K (2025)
Kyle Adamonis
Director
Shrm-Cp Phr → Director, 2025
On filings since 2019
1 hr/week
No compensation reported
Maureen Maloney
Director
On filings since 2020
1 hr/week
No compensation reported
William Bigelow
Director
On filings since 2020
1 hr/week
No compensation reported
Rosamond Lu
Director
On filings since 2023
1 hr/week
No compensation reported
Tino Chow
Director
On filings since 2023
1 hr/week
No compensation reported
Kenneth Banalewicz
Director
New on the 2025 filing
1 hr/week
No compensation reported
Michael Goldberg Esq.
Director
New on the 2025 filing
1 hr/week
No compensation reported
Lisa Bergeron
Vice Chair
Secretary → Co-Chair, 2024
Co-Chair → Vice Chair, 2025
On filings since 2020
2 hrs/week
No compensation reported
Inna Walker
Treasurer
Director → Treasurer, 2024
On filings since 2023
2 hrs/week
No compensation reported
Lanre Ajakaiye
Secretary
Director → Secretary, 2024
On filings since 2023
2 hrs/week
No compensation reported
Former officers (16)
- Former: Ken Banalewicsz (2020–2024) — Director
- Former: Michael Goldberg Esq M. (2023–2024) — Director
- Former: Ellen Almeida (2019–2023) — Treasurer
- Former: Lori Pivarnik PhD (2019–2023) — Director
- Former: Tony Fonseca (2019–2023) — Director
- Former: Melba Depena Affigne (2023) — Director
- Former: Joanne B. Dahmer (2019–2022) — Director
- Former: Leo Pollock (2019–2022) — Director
- Former: Sergio Ferreira (2019–2022) — Director
- Former: Sheila Brush (2019–2022) — Vice President
- Former: Tamarah Bacon (2019–2022) — Director
- Former: W. Henry Blade (2019–2022) — Director
- Former: Sumana Chintapalli (2020–2022) — Director
- Former: Nick Rabar (2019–2021) — Director
- Former: Clay Pell (2019) — Director
- Former: Rolando Robledo (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $103K, to Luca Carnevale (Executive Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Hope & Main
How much does Hope & Main give each year?
Hope & Main gave $570K across 6 grants in 2025, according to its 2025 IRS Form 990.
What is Hope & Main's typical grant size?
Hope & Main's median grant in 2025 was $40,917, and its average grant was $95,033, across 6 grants on its 2025 IRS Form 990.
Where does Hope & Main give grants?
Hope & Main gives mostly in Rhode Island: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Providence, RI (5 grants).
Does Hope & Main give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on Hope & Main's 2025 IRS Form 990 were described as general or operating support.
Who are Hope & Main's largest grantees?
Hope & Main's largest 2025 grantees include Hope & Main Providence ($393,196), Rhode Island Hispanic Chamber ($45,270) and Social Enterprise Greenhouse ($41,000), according to its 2025 IRS Form 990. Together they received 84% of its itemized 2025 grant dollars.
How large is Hope & Main?
Hope & Main reported $3.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.9M.
What is Hope & Main?
Hope & Main is a public charity focused on Community Improvement & Capacity Building, based in Warren, RI. It holds $3.8M in total assets as of 2025.
What is Hope & Main's EIN?
Hope & Main's EIN (Employer Identification Number) is 27-2917974. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Hope & Main by hand.
Explore Open Grants
Browse active grant opportunities in Hope & Main's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Trimix Foundation
Providence, RI
TRIMIX Foundation funds housing in low-income and economically depressed communities, with a stated focus on Berkshire County, Massachusetts, though its 2024 grants went to recipients in Rhode Island and New York. In 2024, it made three grants ranging from $5,000 to $592,471, with a median of $500,000. It accepts written requests from applicants and does not limit giving to preselected organizations.
Assets
$45.2M
Grants
3
Total Given
$1.1M
Olneyville Housing Corporation
Providence, RI
One neighborhood builders (one/nb) is a community development organization with a mission to promote equity, public health and community safety. We accomplish our mission through: strategic real estate development within Rhode Island to increase the availability of affordable homes, spur economic development, and protect our natural resources; engagement of providence residents and community-based organizations to build trust and collective problem-solving; development of individuals' financial capabilities so that they may realize their personal asset-building goals.
Assets
$27.0M
Grants
13
Total Given
$574K
Everhope Foundation
Providence, RI
The foundation supports preselected charitable organizations working in areas including climate and environmental sustainability, food systems, wellbeing, social enterprise, and medical education. Its 2024 grants ranged from $2,000 to $50,000, with a median of $10,000; most funding went to Rhode Island, with grants also reaching other states. It does not accept unsolicited funding requests.
Assets
$6.1M
Grants
21
Total Given
$266K
Elizabeth Holloway Woods Fdn Co Cibc
Boston, MA
The foundation’s grants support organizations working in areas including homelessness, education, health, community services, and space; its 2025 awards ranged from $2,000 to $27,500, with a median of $10,000. It funds organizations in multiple states, with the largest share of 2025 grant dollars going to Missouri, and its filing says it does not restrict giving to preselected organizations. The filing requests a cover letter describing the organization’s purposes and proof of tax-exempt status; it lists no deadline.
Assets
$2.8M
Grants
24
Total Given
$275K
Ejmp Fund for Philanthropy
Riverside, RI
The EJMP Fund for Philanthropy supports eligible 501(c)(3) nonprofits, primarily in Newport County, Rhode Island, with grants for local environmental and habitat work, youth opportunities, animal welfare, historic preservation, and education and culture. In 2024, grants ranged from $1,000 to $32,000, with a median of $12,000. It accepts applications by email from January 1 through March 31 each year.
Assets
$12.7M
Grants
46
Total Given
$630K
Weatherlow Foundation
Portsmouth, NH
The Weatherlow Foundation funds organizations working in areas such as reproductive health, education, land conservation, environmental protection, public media, and higher education, with its 2024 grants concentrated in Massachusetts, Rhode Island, New York, Virginia, and Washington, D.C. In 2024, grants ranged from $1,000 to $36,000, with a median of $4,500. It supports only preselected organizations and does not accept unsolicited requests.
Assets
$4.8M
Grants
58
Total Given
$327K
Hope Foundation
Riverside, RI
HOPE FOUNDATION supports healthcare, education, equity, and opportunity, including work in health, housing, food, climate resilience, arts, conservation, and community programs. Its 2024 grants ranged from $250 to $20,986, with a $2,000 median, and went mainly to organizations in Rhode Island, Massachusetts, Montana, New York, and California, alongside its stated global reach. It accepts unsolicited requests by simple letter stating the organization, purpose, and amount requested; no deadline is listed.
Assets
$3.7M
Grants
70
Total Given
$241K
The Sand Foundation
Wilmington, DE
The Sand Foundation’s 2024 grants supported organizations in higher education, health care, arts and festivals, human rights, public education, and military-related charitable work, with the strongest geographic concentration in Rhode Island, followed by Washington, D.C., California, New York, and Virginia. Grants ranged from $200 to $25,000, with a median of $2,000. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$7.7M
Grants
74
Total Given
$276K
Leon Lowenstein Foundation Inc
Madison, CT
The Leon Lowenstein Foundation funds measurable, innovative projects in health, education, and the environment, with a nationwide reach. Its 2025 grants ranged from $5,000 to $700,000, with a median of $25,000; it does not accept unsolicited requests and supports preselected organizations only.
Assets
$218.5M
Grants
103
Total Given
$8.0M
Collette Foundation
Pawtucket, RI
Assets
$3.1M
Grants
107
Total Given
$285K
The Harborone Foundation
Brockton, MA
The HarborOne Foundation supports local organizations serving underrepresented and low-income communities, with grants for education, housing, basic human services, health care, and arts and culture in Massachusetts and Rhode Island. Its 2025 grants had a median of $6,500, though amounts varied widely; its Catalyst Award is $25,000. It makes grants only to preselected organizations and does not accept unsolicited requests.
Assets
$4.4M
Grants
111
Total Given
$4.5M
Centreville Savings Bank Charitable
West Warwick, RI
The foundation supports education, economic security, and capacity building, primarily for communities in Rhode Island and eastern Connecticut. Its 2025 grants ranged from $895 to $150,000, with a median grant of $5,000. It does not limit giving to preselected organizations; no application form or deadline is specified.
Assets
$27.3M
Grants
138
Total Given
$1.6M
More Funders in Rhode Island
Hope & Main down — hundreds of funders to go?