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
Ready to take the next step with Newport Hospital Foundation?
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
Among its reported 2024 grants, the largest include NHCC Medical Associates Inc ($6,275,000), Newport Hospital ($356,221).
| Recipient | Purpose | Amount |
|---|---|---|
| Newport Hospital Newport, RI | Operational/Capital Support | $356,221 |
| NHCC Medical Associates Inc Newport, RI | Operational support | $6,275,000 |
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
Frequently Asked Questions
What is Newport Hospital Foundation?
Newport Hospital Foundation is a nonprofit organization focused on Health, based in NEWPORT, RI. It holds $133.1M in total assets as of 2024.
How large is Newport Hospital Foundation?
As of 2024, Newport Hospital Foundation holds $133.1M in total assets with $17.2M in annual revenue. It awarded 2 grants totaling $6.6M in 2024.
Where does Newport Hospital Foundation operate?
Newport Hospital Foundation has awarded grants in Rhode Island.
What size grants does Newport Hospital Foundation award?
In 2024, Newport Hospital Foundation awarded 2 grants totaling $6.6M — an average of about $3.3M per grant, based on its IRS Form 990 filings.
What is Newport Hospital Foundation's EIN?
Newport Hospital Foundation's EIN (Employer Identification Number) is 22-2535533. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Newport Hospital Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.