Hope & Main

Public charity · Grantmaker Warren, RI EIN: 27-2917974

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.

Hope & Main at a glance

In short: Hope & Main gave $570K across 6 grants in 2025 (avg $95K), mostly in Rhode Island. Source: 2025 IRS Form 990.

Annual giving (2025)
$570,196
Grants made (2025)
6
Average grant
$95,033
Median grant
$40,917
Total assets
$3,842,282
+52.6% vs 2024
Primary geography
Rhode Island (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Hope & Main funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Hope & Main Providence: $393KHope & Main Providence$393KRhode Island Hispanic Chamber: $45KRhode Island Hispanic Chamber$45KSocial Enterprise Greenhouse: $41KSocial Enterprise Greenhouse$41KRhode Island Black Business Association: $41KRhode Island Black BusinessAssociation$41KFuerza Laboral: $25KFuerza Laboral$25KCenter for South East Asians: $25KCenter for South East Asians$25K

The largest 2025 recipient was Hope & Main Providence ($393K). Together the top 6 received $570K.

Grant Size Distribution

6 grants across all recorded years

5<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 6 (83%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 6 itemized grants.

States

Cities

ProvidenceCentral Falls

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants2019 0 grants2020 0 grants2021 0 grants2022 0 grants2023 0 grants2024 6 grants2025

In 2025 it made 6 grants totaling $570K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Hope & Main Providence Providence, RITo support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship.$393,196
Rhode Island Hispanic Chamber Providence, RITo support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship.$45,270
Social Enterprise Greenhouse Providence, RITo support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship.$41,000
Rhode Island Black Business Association Providence, RITo support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship.$40,833
Fuerza Laboral Central Falls, RITo support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship.$24,995
Center for South East Asians Providence, RITo support local food economies, create jobs, and promote equitable economic development through food-based entrepreneurship.$24,902
Your AI grants department

Ready to take the next step with Hope & Main?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrants
2025$3,842,282$2,864,515$3,064,061$570,1966
2024$2,518,207$1,863,573$1,896,190——
2023$2,480,495$1,653,386$1,611,836——
2022$2,526,610$1,208,253$1,267,540——
2021$2,435,267$1,007,450$1,120,546——
2020$2,633,590$958,442$1,037,176——
2019$2,561,774$774,079$934,858——

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.

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

Luca Carnevale — Executive Director: $103KLuca CarnevaleExecutive Director$103KLisa Raiola MPH — President & Chair: $46KLisa Raiola MPHPresident & Chair$46K

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.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
  2. Added Form 990 for fiscal year 2019 (received by the IRS January 29, 2020)

Explore Open Grants

Browse active grant opportunities in Hope & Main's focus areas in our free grants database

Similar Funders

Funders with grantees in common

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

Olneyville Housing Corporation funds work promoting equity, public health, and community safety, including affordable housing, community development, health, environmental, and supportive services. Its 2024 grants ranged from $6,700 to $199,655, with a median of $20,270, and went to recipients in Rhode Island. The profile does not state whether it accepts unsolicited requests.

Housing & Shelter

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.

Philanthropy, Voluntarism & Grantmaking

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.

Philanthropy, Voluntarism & Grantmaking

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 supports preselected charities across education, reproductive and general health, environmental protection, and community development, with 2025 grants concentrated in Massachusetts, New York, Rhode Island, Illinois, and Virginia. Its 58 grants ranged from $1,000 to $30,000, with a median of $2,750. It does not accept unsolicited funding requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$4.8M

Grants

58

Total Given

$327K

More similar funders

More Funders in Rhode Island

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Hope & Main's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Hope & Main down — hundreds of funders to go?

Want AI to do this for you?