NHF supports, encourages and coordinates the development of comprehensive, integrated health care-related services for the advancement and well-being of the community, in furtherance of the purposes of Newport Hospital (see Schedule O)
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$133.1M
+13.8% YoY
Annual Giving
$6.6M
-7.2% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$3.3M
-7.2% YoY
About Newport Hospital Foundation
Based on IRS filings
Newport Hospital Foundation is a nonprofit organization focused on Health, based in NEWPORT, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $133.1M in total assets. In 2024, it awarded 2 grants totaling $6.6M. Net investment income was $11.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $133,079,352 | $116,918,552 | $110,508,543 |
| Revenue | $17,246,563 | $8,141,137 | $553,718 |
| Expenses | $8,196,819 | $8,649,388 | $9,869,829 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $11,628,512 | $3,905,125 | $-2,517,410 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Peter K Markell | EVP & CFO | 0.1 | — |
| Crista F Durand | President- 9/24 | 10 | — |
| Jeffrey T Gaines MD | Trustee | 2 | — |
| Orla M Brandos DNPMBAMSN | Trustee- 9/24 | 1 | — |
| Arthur J Sampson | Trustee | 2 | — |
| Gail Alofsin | Trustee | 1 | — |
| M Therese Antone Sr | Trustee- 12/23 | — | — |
| Holly Bannister MD | Trustee- 12/23 | — | — |
| Carol R Bazarsky | Chairperson | 2 | — |
| John Brooks | Trustee | 0.5 | — |
| Peter Capodilupo | Trustee-12/23 | 1 | — |
| Edward D Feldstein | Trustee | 0.2 | — |
| Rita B Gewirz | Trustee | 0.5 | — |
| Susan Hill | Trustee | — | — |
| Anne F Hamilton | Trustee | 1 | — |
| Victoria Johnson | Secretary | 1 | — |
| Patricia N Kidder | Trustee | 1 | — |
| Elizabeth W Leatherman | Trustee | 0.25 | — |
| Paul A Leys | Trustee | 1 | — |
| Thomas E McGue MD | Trustee | 1 | — |
| Ann Mencoff | Trustee | 1 | — |
| Jonathan H Pardee | Trustee | 3 | — |
| James A Purviance | Trustee- 12/23 | — | — |
| Isabella G Ridall | Trustee | 2 | — |
| Sarah Schochet-Henken | Trustee | 0.5 | — |
| Nancy D Schreiber MD | Trustee | — | — |
| Barbara van Beuren | Vice Chair | 0.5 | — |
| Sharon Wood Prince | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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