Innovative Solutions for Non-profits Inc
Innovative Solutions for Non-profits Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CRANSTON, RI. IRS filing data is available from 2021 through 2022. In 2022, it awarded 3 grants totaling $240K. Net investment income was $103K.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$240K
Grant Count
3
Avg Grant Size
$80K
About Innovative Solutions for Non-profits Inc
Based on IRS filings
Innovative Solutions for Non-profits Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CRANSTON, RI. IRS filing data is available from 2021 through 2022. In 2022, it awarded 3 grants totaling $240K. Net investment income was $103K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 |
|---|---|---|
| Total Assets | — | $212,333 |
| Revenue | $7,797 | $2,303 |
| Expenses | $411,343 | $28,548 |
| Qualifying Distributions | $302,872 | — |
| Net Investment Income | $102,936 | $21 |
| Distributable Amount | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2022
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Ri Community Food Bank ($100,000), Ywca of Northern Ri ($100,000), Southside Cultural Center of Ri ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| RI COMMUNITY FOOD BANK PROVIDENCE, RI | OPERATIONS | $100,000 |
| SOUTHSIDE CULTURAL CENTER OF RI PROVIDENCE, RI | OPERATIONS | $40,000 |
| YWCA OF NORTHERN RI WOONSOCKET, RI | OPERATIONS | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD SULLIVAN | CHAIR & TREAS | 0.25 | — |
| PETER COOP | DIRECTOR | 0.25 | — |
| KAREN ALLEN BAXTER | SECRETARY | 0.25 | — |
| WILLIAM WALTER | PRES. & CEO | 20 | $135,253 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Innovative Solutions for Non-profits Inc?
Innovative Solutions for Non-profits Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CRANSTON, RI. It holds — in total assets as of 2022.
Where does Innovative Solutions for Non-profits Inc operate?
Innovative Solutions for Non-profits Inc has awarded grants in Rhode Island.
What size grants does Innovative Solutions for Non-profits Inc award?
In 2022, Innovative Solutions for Non-profits Inc awarded 3 grants totaling $240K — an average of about $80K per grant, based on its IRS Form 990 filings.
What is Innovative Solutions for Non-profits Inc's EIN?
Innovative Solutions for Non-profits Inc's EIN (Employer Identification Number) is 26-2117460. IRS Form 990 filing data is available on this page for 2021–2022.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.