Newbold Tr FBO Propagation of Faith
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 grant totaling $12K. Net investment income was $10K.
Key facts about Newbold Tr FBO Propagation of Faith
- EIN
- 27-6575606
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $12,003
- Grants made (2024)
- 1
- Average grant
- $12,003
- Median grant
- $12,003
- Total assets
- $228,333
- Primary geography
- Rhode Island (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Newbold Tr FBO Propagation of Faith gives
- Giving held roughly steady from 2021 to 2024 (−15%). Method
- In 2024 it paid out 119% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Newbold Tr FBO Propagation of Faith
- How to evaluate Newbold Tr FBO Propagation of Faith 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 2024 IRS Form 990-PF · View filing
Total Assets
$228K
-1.9% YoY
Annual Giving
$12K
+6.1% YoY
Grant Count
1
+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
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 grant totaling $12K. Net investment income was $10K.
Ready to take the next step with Newbold Tr FBO Propagation of Faith?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients 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 IRS 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 grant 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 grant 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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.