Narragansett Number One Foundation

Foundation · Grantmaker Bar Mills, ME EIN: 01-0546133

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.

Key facts about Narragansett Number One Foundation

EIN: 01-0546133
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $385,453
Grants made (2025): 49
Average grant: $7,866
Median grant: $7,220
New grantees (estimate): 35% first-time grantees (17 of 49, 2025)
Total assets: $5,265,907
Primary geography: Maine (95% of itemized 2025 grant dollars)
How to apply: Applications must be received between November 1, 2025, and April 1, 2026. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Narragansett Number One Foundation funds

By grant dollars, the top recipient states for Narragansett Number One Foundation's 49 itemized 2025 grants were Maine (95%). The most frequent recipient cities were Portland, ME (4 grants), Biddeford, ME (3 grants), Buxton, ME (2 grants) and Bangor, ME (2 grants). 27% of grants with a stated purpose were for general or operating support.

Is Narragansett Number One Foundation open to new grantees?

35%

first-time grantees, 2025

In 2025, 17 of 49 grantees (35%) were first-time recipients. First grants averaged $7K; repeat grants $8K. How we count

Medians: $5K first-time, $8K repeat.

39% of 2025 grantees were also funded in 2024. Method
Giving held roughly steady from 2022 to 2025 (+14%). Method
In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Narragansett Number One Foundation

How to evaluate Narragansett Number One Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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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

+6.5% YoY

Avg Grant Size

$8K

-12.1% YoY

Under IRS private-foundation payout rules, Narragansett Number One Foundation reported a distributable amount of $400K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

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

How to Apply

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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

Maine $365K (95%)

Massachusetts $10K (3%)

New Hampshire $10K (3%)

Share of all 49 itemized 2025 grant dollars.

States

Massachusetts Maine New Hampshire Pennsylvania

Cities

PortlandBuxtonLewistonSouth PortlandBiddefordBrunswickBar MillsCherryfieldHollisWestbrookAugustaBangorLimingtonWindhamAuburnBelfastEast WaterboroSacoBridgtonBrooks

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)

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Data update history

When this profile's IRS filing data changed on Grantable

February 28, 2026 IRS filings on file for fiscal years 2021–2025

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

247 grants across all recorded years

Open Grants

1 open opportunity from Narragansett Number One Foundation

Foundation

Narragansett Foundation Grant

Narragansett Number One Foundation

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Town of Buxton ($36,841), Welcome to Housing Home Goods Bank ($20,000), Caring Unlimited Corp ($15,000).

Recipient	Purpose	Amount
TOWN OF BUXTON Buxton, ME	PROVIDE FUNDS FOR SUMMER READING PRO	$36,841
WELCOME TO HOUSING HOME GOODS BANK Bangor, ME	CONTRIBUTE TO GENERAL OPERATING SUPP	$20,000
CARING UNLIMITED CORP Sanford, ME	PROVIDE GENERAL OPERATING SUPPORT TO	$15,000
PEACE RIDGE FARM Brooks, ME	PROVIDE GENERAL OPERATING EXPENSES	$15,000
THE FIRST BAPTIST CHURCH IN WESTBRO Westbrook, ME	FUND PROGRAM THAT PROVIDES FREE MEAL	$12,000
BOSTON FIREFIGHTERS BURN FOUNDATION Dorchester, MA	PROVIDE FUNDS FOR PROGRAM THAT SUPPO	$10,000
BUXTON HOLLIS HISTORICAL SOCIETY Hollis, ME	FUND THE ABATEMENT OF LEAD PAINT FRO	$10,000
ELDER ABUSE INSTITUTE OF MAINE Brunswick, ME	PROVIDE FUNDS FOR ELDER ABUSE AND AW	$10,000
FRIENDS OF BAXTER STATE PARK Belfast, ME	SUPPORT YOUTH DEVELOPMENT IN NATURE	$10,000
HOSPICE HELP FOUNDATION Portsmouth, NH	FUND PROGRAM TO SUPPORTS LOW INCOME	$10,000

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

No officer or director reported compensation in the available filings.

From 2025 IRS 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

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Narragansett Number One Foundation fund?

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 organi…

How do I apply for a grant from Narragansett Number One Foundation?

Applications must be received between November 1, 2025, and April 1, 2026. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Narragansett Number One Foundation make grants?

What size grants does Narragansett Number One Foundation award?

In 2025, Narragansett Number One Foundation awarded 49 grants totaling $385K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Narragansett Number One Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Narragansett Number One Foundation reported a distributable amount of $400K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Narragansett Number One Foundation's EIN?

Narragansett Number One Foundation's EIN (Employer Identification Number) is 01-0546133. IRS Form 990 filing data is available on this page for 2021–2025.