Newbold Tr Fbo Propagation of Faith

JOHNSTON, RI EIN: 27-6575606

Newbold Tr Fbo Propagation of Faith is a private foundation, based in JOHNSTON, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $228K in total assets. In 2024, it awarded 1 grants totaling $12K. Net investment income was $10K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$228K

-1.9% YoY

Annual Giving

$12K

+6.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$12K

+6.1% YoY

Under IRS private-foundation payout rules, Newbold Tr Fbo Propagation of Faith reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.

About Newbold Tr Fbo Propagation of Faith

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Rhode Island $61K (100%)

States

Rhode Island

Cities

Providence

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$228,333	$232,657	$237,560
Revenue	$12,015	$10,390	$17,428
Expenses	$16,465	$15,814	$19,296
Qualifying Distributions	$14,376	$13,652	$16,673
Net Investment Income	$9,954	$8,319	$14,613
Distributable Amount	$12,069	$11,304	$11,854

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Society-propagation of the Faith ($12,003).

Recipient	Purpose	Amount
SOCIETY-PROPAGATION OF THE FAITH PROVIDENCE, RI	MASSES FOR REPOSE OF SOULS	$12,003

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CITIZENS BANK N A	TRUSTEE, AS REQ'D	—	$2,197

Frequently Asked Questions

How large is Newbold Tr Fbo Propagation of Faith?

As of 2024, Newbold Tr Fbo Propagation of Faith holds $228K in total assets with $12K in annual revenue. It awarded 1 grants totaling $12K in 2024.

Where does Newbold Tr Fbo Propagation of Faith operate?

Newbold Tr Fbo Propagation of Faith has awarded grants in Rhode Island.

What size grants does Newbold Tr Fbo Propagation of Faith award?

In 2024, Newbold Tr Fbo Propagation of Faith awarded 1 grants totaling $12K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Newbold Tr Fbo Propagation of Faith required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Newbold Tr Fbo Propagation of Faith reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Newbold Tr Fbo Propagation of Faith's EIN?

Newbold Tr Fbo Propagation of Faith's EIN (Employer Identification Number) is 27-6575606. IRS Form 990 filing data is available on this page for 2020–2024.