Narragansett Number One Foundation

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.

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

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 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

**

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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

4states

Cities

AuburnAugustaBangorBar MillsBathBelfastBiddefordBrewerBridgtonBrooksBrunswickBuxtonCastineCherryfieldCornishDamariscottaDexterDorchesterDoverEast Waterboro

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
$0$249K$498K$748K$997K20212022202320242025
Metric202520242023
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

$0$110K$220K$329K$439K50 grants202149 grants202253 grants202346 grants202449 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

TOWN OF BUXTON$37KWELCOME TO HOUSING HOME …$20KCARING UNLIMITED CORP$15KPEACE RIDGE FARM$15KTHE FIRST BAPTIST CHURCH…$12KBOSTON FIREFIGHTERS BURN…$10KBUXTON HOLLIS HISTORICAL…$10KELDER ABUSE INSTITUTE OF…$10KFRIENDS OF BAXTER STATE …$10KHOSPICE HELP FOUNDATION$10K

Grant Size Distribution

244 grants across all recorded years

244<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Narragansett Number One Foundation

Giving History

Grant recipients and amounts by year

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

RecipientPurposeAmount
BIDDEFORD CULTURAL AND HERITAGE CEN BIDDEFORD, MESUPPORT PROGRAM THAT CELEBRATES AND$5,000
BOSTON FIREFIGHTERS BURN FOUNDATION DORCHESTER, MAPROVIDE FUNDS FOR PROGRAM THAT SUPPO$10,000
BUXTON HOLLIS HISTORICAL SOCIETY HOLLIS, MEFUND THE ABATEMENT OF LEAD PAINT FRO$10,000
BUXTON UNITED METHODIST CHURCH BUXTON, MEPROVIDE FUNDS FOR COMMUNITY PLAYGROU$2,000
CARING UNLIMITED CORP SANFORD, MEPROVIDE GENERAL OPERATING SUPPORT TO$15,000
COTTONTAIL COTTAGE FARM SANCTUARY WHITEFIELD, MEFUNDS TO HELP CARE FOR RESCUE ANIMAL$7,500
EASTERN AREA AGENCY ON AGING BREWER, MEFUND PROGRAM THAT PROVIDES PET FOOD$5,000
ELDER ABUSE INSTITUTE OF MAINE BRUNSWICK, MEPROVIDE FUNDS FOR ELDER ABUSE AND AW$10,000
FAMILIES FIRST COMMUNITY CENTER ELLSWORTH, MEFUND TRANSITIONAL HOUSING PROJECT$5,000
FRIENDS OF BAXTER STATE PARK BELFAST, MESUPPORT YOUTH DEVELOPMENT IN NATURE$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

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
PATRICIA M WALESPRESIDENT, D
ANGELA H DESRUISSEAUXSEC./TREAS./
DAVID DESRUISSEAUXDIRECTOR
PAMELA H HAINESDIRECTOR
THOMAS CHARLES HOLDINGDIRECTOR
ERIC P WALESDIRECTOR
WENDY YORK WALESDIRECTOR
REID DESRUISSEAUXDIRECTOR
LIBBY ANNE DESRUISSEAUXDIRECTOR
ELIZABETH WALESDIRECTOR

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

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?

**Grant Amounts & Activity:** • Typical grant awards range from $300 to $36,841 • Median grant amount: $7,200 • Range of recent grants: $1,500 to $37,000 • The foundation made 49 grants in the most recent fiscal year • Total giving: $385,453 (fiscal year ending June 2025) **Application Process:** Applications must be received between November 1, 2025, and April 1, 2026. Organizations should submit applications to: PO Box 779 Bar Mills, Maine 04004 Grants will be awarded on or before June 30, 20…

Where does Narragansett Number One Foundation make 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.

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.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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