Joseph C and Blanche Coutu Foundation

WESTERLY, RI EIN: 05-6099414

Joseph C and Blanche Coutu Foundation is a private foundation, based in WESTERLY, RI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $470K in total assets. In 2025, it awarded 7 grants totaling $40K. Net investment income was $16K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$470K

-5.8% YoY

Annual Giving

$40K

+0.0% YoY

Grant Count

+16.7% YoY

Avg Grant Size

$6K

-14.3% YoY

Under IRS private-foundation payout rules, Joseph C and Blanche Coutu Foundation reported a distributable amount of $37K for 2025 — the minimum it must pay out in qualifying distributions.

About Joseph C and Blanche Coutu Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Rhode Island $198K (100%)

States

Rhode Island

Cities

CranstonPawtucketProvidence

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$470,086	$499,257	$536,637
Revenue	$32,912	$28,603	$75,549
Expenses	$62,188	$65,714	$62,993
Qualifying Distributions	$45,772	$47,288	$46,954
Net Investment Income	$16,172	$10,638	$62,036
Distributable Amount	$36,906	$35,368	$34,206

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Grant Size Distribution

31 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Saint Raphael Academy ($18,000), Saint Teresa School ($9,000), Boys and Girls Club of Pawtucket ($3,600).

Recipient	Purpose	Amount
SAINT TERESA SCHOOL PAWTUCKET, RI	UNRESTRICTED GIFT	$9,000
BOYS AND GIRLS CLUB OF PAWTUCKET PAWTUCKET, RI	UNRESTRICTED GIFT	$3,600
SAINT RAPHAEL ACADEMY PAWTUCKET, RI	UNRESTRICTED GIFT	$18,000
JEANNE JUGAN RESIDENCE OF THE LITTLE PAWTUCKET, RI	UNRESTRICTED GIFT	$1,800
MCAULEY CORPORATION PROVIDENCE, RI	UNRESTRICTED GIFT	$3,600
PAWTUCKET SOUP KITCHEN PAWTUCKET, RI	UNRESTRICTED GIFT	$2,400
SOCIETY OF ST VINCENT DEPAUL RHODE CRANSTON, RI	UNRESTRICTED GIFT	$1,800

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
The Washington Trust Company	TRUSTEE	1	$9,444
JAMES J MCGAIR	CO-TRUSTEE	1	$9,444
JANET LOUISE TRACEY	Committee Member	1	$3,000

Frequently Asked Questions

How large is Joseph C and Blanche Coutu Foundation?

As of 2025, Joseph C and Blanche Coutu Foundation holds $470K in total assets with $33K in annual revenue. It awarded 7 grants totaling $40K in 2025.

Where does Joseph C and Blanche Coutu Foundation operate?

Joseph C and Blanche Coutu Foundation has awarded grants in Rhode Island.

What size grants does Joseph C and Blanche Coutu Foundation award?

In 2025, Joseph C and Blanche Coutu Foundation awarded 7 grants totaling $40K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Joseph C and Blanche Coutu Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Joseph C and Blanche Coutu Foundation reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Joseph C and Blanche Coutu Foundation's EIN?

Joseph C and Blanche Coutu Foundation's EIN (Employer Identification Number) is 05-6099414. IRS Form 990 filing data is available on this page for 2020–2025.