Narragansett Number One Foundation
Narragansett Number One Foundation is a private family foundation established in Maine in 2001. The foundation was created by Patricia and Erwin Wales thirteen days after they won the Powerball lottery on September 7, 2001. Based in Bar Mills, Maine, the foundation operates as a Maine nonprofit corporation dedicated to sharing the founders' good fortune with their community and encouraging other donors to support charitable causes.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$5.3M
-2.9% YoY
Annual Giving
$385K
-6.4% YoY
Grant Count
49
+6.5% YoY
Avg Grant Size
$8K
-12.1% YoY
Mission & Focus Areas
The foundation is organized and operates exclusively to further "religious, charitable, scientific, literary or educational purposes," to "foster national or international amateur sports competition" and "for the prevention of cruelty to children or animals."
The foundation's primary funding focus areas include:
- Nonprofit human services
- Education
- Philanthropy, voluntarism, and grantmaking
- Shelters for children, the homeless, and abused persons
- Libraries
- Churches and religious organizations
- Parks and recreational facilities
- Fire and police departments
- Schools
- Museums
Grantmaking
Applications must be received between November 1, 2025, and April 1, 2026. Organizations should submit applications to:
How to Apply
**
Ready to take the next step with Narragansett Number One Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily supports nonprofit organizations, government agencies, and public schools in Buxton, Maine, and surrounding areas including Hollis, Limington, and Standish. The foundation also funds organizations in Maine, New Hampshire, and Massachusetts.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (Fiscal Year Ending June 2025):
- Total assets: $5,265,907
- Total giving: $385,453
- Total revenues: $281,594
- Investment income and dividends: $201,207
- Total expenses: $438,675
- Number of employees: 0 (all board members serve without compensation)
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,265,907 | $5,422,988 | $5,443,431 |
| Revenue | $281,594 | $443,047 | $491,235 |
| Expenses | $438,675 | $463,490 | $424,428 |
| Qualifying Distributions | $389,692 | $416,012 | $381,590 |
| Net Investment Income | $237,507 | $400,836 | $450,879 |
| Distributable Amount | $400,468 | $375,195 | $357,382 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
244 grants across all recorded years
Open Grants
1 open opportunity from Narragansett Number One Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a board of directors with no paid staff:
- Patricia M Wales (President)
- Angela H Desruisseaux (Secretary/Treasurer)
- David Desruisseaux (Director)
- Pamela H Haines (Director)
- Thomas Charles Holding (Director)
- Eric P Wales (Director)
- Wendy York Wales (Director)
- Reid Desruisseaux (Director)
- Libby Anne Desruisseaux (Director)
- Elizabeth Wales (Director)
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PATRICIA M WALES | PRESIDENT, D | — | — |
| ANGELA H DESRUISSEAUX | SEC./TREAS./ | — | — |
| DAVID DESRUISSEAUX | DIRECTOR | — | — |
| PAMELA H HAINES | DIRECTOR | — | — |
| THOMAS CHARLES HOLDING | DIRECTOR | — | — |
| ERIC P WALES | DIRECTOR | — | — |
| WENDY YORK WALES | DIRECTOR | — | — |
| REID DESRUISSEAUX | DIRECTOR | — | — |
| LIBBY ANNE DESRUISSEAUX | DIRECTOR | — | — |
| ELIZABETH WALES | DIRECTOR | — | — |
Contact Information
- Website: www.nnof.org
- Telephone: 207-730-0732
- Mailing Address: PO Box 779, Bar Mills, ME 04004-0779
- EIN: 01-0546133
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Grand Chapter of Maine Order of the Eastern Star
AUGUSTA, ME
Assets
$2.9M
Grants
1
Total Given
$5K
Bangor Theological Seminary
PORTLAND, ME
Assets
$22.4M
Grants
3
Total Given
$11K
Maine Hospital Association Inc
AUGUSTA, ME
Assets
$8.0M
Grants
1
Total Given
$10K
Bowery Beach School Bldg Maintenance Tr
SOUTH PORTLAND, ME
Assets
$29K
Grants
0
Total Given
—
United Way of Tri Vally Area
FARMINGTON, ME
Assets
$306K
Grants
13
Total Given
$77K
Elmina B Sewall Foundation
FREEPORT, ME
Assets
$164.8M
Grants
296
Total Given
$14.4M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Narragansett Number One Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities