Newportfed Charitable Foundation
NEWPORTFED CHARITABLE FOUNDATION is a private foundation based in Newport, Rhode Island. Its 2024 filing reports 41 grants totaling $181,086, all to recipients in Rhode Island.
Key facts about Newportfed Charitable Foundation
In short: Newportfed Charitable Foundation gave $198K across 44 grants in 2025 (avg $4K), mostly in Rhode Island. Source: 2025 IRS Form 990-PF.
- EIN
- 20-5140473
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $197,500
- Grants made (2025)
- 44
- Average grant
- $4,489
- Median grant
- $2,750
- Total assets
- $3,261,986
- Primary geography
- Rhode Island (100% of itemized 2025 grant dollars)
- How to apply
- The foundation states that it does not restrict giving to preselected organizations. Full details ↓
- Deadline
- See the foundation’s website for deadlines.
Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.3M
+0.8% YoY
Annual Giving
$198K
+9.1% YoY
Grant Count
44
+7.3% YoY
Avg Grant Size
$4K
+1.6% YoY
Under IRS private-foundation payout rules, Newportfed Charitable Foundation reported a distributable amount of $208K for 2025 — the minimum it must pay out in qualifying distributions.
How Newportfed Charitable Foundation gives
- 75% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−3%). Method
- In 2025 it paid out 109% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its grants went to organizations with varied missions. For example, Lucy’s Hearth says it helps families experiencing homelessness overcome barriers to self-sufficiency through holistic programs and services. The Martin Luther King Community Center says it nourishes, educates, and supports Newport County residents to improve their economic and social well-being. Save the Bay says it works to protect and restore the ecological health of the Narragansett Bay region and foster environmental stewardship.
Grantmaking
In 2024, the foundation made 41 grants totaling $181,086. Awards ranged from $1,000 to $15,000, with a median grant of $3,000. Among the largest grants were $15,000 each to Lucy’s Hearth and the Jonnycake Center of Westerly, and $10,000 each to the Boys Clubs Girls Clubs of Newport County, the Jonnycake Center Inc. for Hope, St. Vincent de Paul – Westerly, St. Vincent de Paul – St. Joseph’s, and the Martin Luther King Community Center.
Review Cycle
** See the foundation’s website for deadlines.
Ready to take the next step with Newportfed Charitable Foundation?
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2024 went to recipients in Rhode Island. The filing does not state a broader geographic focus.
Grant Distribution by State
Share of all 44 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
164 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| JONNYCAKE CENTER OF WESTERLY Westerly, RI | PROGRAM SUPPORT | $15,000 |
| THE SALVATION ARMY - NEWPORT CORPS Newport, RI | PROGRAM SUPPORT | $12,000 |
| BOYS CLUBS GIRLS CLUBS OF NEWPORT C Newport, RI | PROGRAM SUPPORT | $10,000 |
| THE JONNYCAKE CENTER INC FOR HOPE Peace Dale, RI | PROGRAM SUPPORT | $10,000 |
| ST VINCENT DE PAUL - WESTERLY Westerly, RI | PROGRAM SUPPORT | $10,000 |
| ST VINCENT DE PAUL - ST JOSEPH'S Newport, RI | PROGRAM SUPPORT | $10,000 |
| MARTIN LUTHER KING COMMUNITY CENTER Newport, RI | PROGRAM SUPPORT | $10,000 |
| NEWPORT COUNTY YMCA Middletown, RI | PROGRAM SUPPORT | $10,000 |
| FAMILY SERVICE OF RHODE ISLAND Providence, RI | PROGRAM SUPPORT | $10,000 |
| CHILD FAMILY SERVICES OF NEWPORT CT Middletown, RI | PROGRAM SUPPORT | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $3,236,777 | $126,997 | $251,173 | $181,086 |
| 2023 | $3,360,953 | $325,020 | $289,485 | $223,000 |
| 2022 | $3,325,418 | $91,889 | $272,131 | $204,655 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,261,986 | $3,236,777 | $3,360,953 |
| Revenue | $290,023 | $126,997 | $325,020 |
| Expenses | $264,814 | $251,173 | $289,485 |
| Qualifying Distributions | $225,757 | $213,298 | $253,060 |
| Net Investment Income | $253,960 | $91,711 | $288,595 |
| Distributable Amount | $207,680 | $203,709 | $183,964 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 16, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Kevin M. McCarthy as President, Arthur H. Lathrop as Treasurer, and Judy Tucker as Secretary. Alicia S. Quirk, Kelly Lee, Mark Stenning, and Michael Hayes are listed as Directors.
Newportfed Charitable Foundation is led by Kevin M. McCarthy, President on every filing since 2020; all 7 officers listed in 2025 are compensated.
Officers on the 2025 filing
Kevin M. McCarthy
President
On filings since 2020
1 hr/week
$2K (2020) → $2K (2025)
Alicia S. Quirk
Director
On filings since 2020
1 hr/week
$2K (2020) → $2K (2025)
Kelly Lee
Director
On filings since 2020
1 hr/week
$2K (2020) → $2K (2025)
Mark Stenning
Director
On filings since 2020
1 hr/week
$2K (2020) → $2K (2025)
Michael Hayes
Director
On filings since 2020
1 hr/week
$2K (2020) → $2K (2025)
Arthur H. Lathrop
Treasurer
On filings since 2020
2 hrs/week
$4K (2020) → $5K (2025)
Judy Tucker
Secretary
On filings since 2020
1 hr/week
$2K (2020) → $2K (2025)
Former officers (1)
- Former: Donald Kaull (2020–2022) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
Contact
Application contact: Newportfed Charitable Foundation
Mailing address: PO Box 509, Newport, RI 02840-0500
Phone: (401) 596-6300
Email: admin@newportfedfoundation.org
Frequently asked questions about Newportfed Charitable Foundation
How much does Newportfed Charitable Foundation give each year?
Newportfed Charitable Foundation gave $198K across 44 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $181K across 41 grants.
What is Newportfed Charitable Foundation's typical grant size?
Newportfed Charitable Foundation's median grant in 2025 was $2,750, and its average grant was $4,489, across 44 grants on its 2025 IRS Form 990-PF.
Where does Newportfed Charitable Foundation give grants?
Newportfed Charitable Foundation gives mostly in Rhode Island: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Newport, RI (13 grants), Westerly, RI (8 grants), Middletown, RI (7 grants) and Providence, RI (4 grants).
Does Newportfed Charitable Foundation give general operating support?
Not in 2025: none of the 44 grants with a stated purpose on Newportfed Charitable Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (44 grants).
Who are Newportfed Charitable Foundation's largest grantees?
Newportfed Charitable Foundation's largest 2025 grantees include Jonnycake Center of Westerly ($15,000), The Salvation Army - Newport Corps ($12,000) and Boys Clubs Girls Clubs of Newport C ($10,000), according to its 2025 IRS Form 990-PF. Together they received 19% of its itemized 2025 grant dollars.
How large is Newportfed Charitable Foundation?
Newportfed Charitable Foundation reported $3.3M in total assets on its 2025 IRS Form 990-PF. It paid out $226K in qualifying distributions that year, against a required minimum of $208K (roughly 5% of its investment assets).
What does Newportfed Charitable Foundation fund?
No mission statement for the foundation is provided. Its grants went to organizations with varied missions. For example, Lucy’s Hearth says it helps families experiencing homelessness overcome barriers to self-sufficiency through holistic programs and services. The Martin Luther King Community Center says it nourishes, educates, and supports Newport County residents to improve their economic and social well-being. Save the Bay says it works to protect and restore the ecological health of the Na…
How do I apply for a grant from Newportfed Charitable Foundation?
The foundation states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Newportfed Charitable Foundation's EIN?
Newportfed Charitable Foundation's EIN (Employer Identification Number) is 20-5140473. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Newportfed Charitable Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Newportfed Charitable Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Rhode Island Community Foundation
Providence, RI
The Rhode Island Community Foundation funds nonprofit work in civic and cultural life, climate action, education, health, housing, and economic mobility, with a primary focus on Rhode Island. Its 2024 grants had a median of about $24,000 and ranged from about $5,000 to $5 million; giving levels vary by program.
Assets
$1.3B
Grants
977
Total Given
$72.0M
United Way of Rhode Island Inc
Providence, RI
United Way of Rhode Island funds Rhode Island nonprofits addressing economic security, education, housing, food insecurity, health, and other basic needs. Its 2025 grants had a median of $15,000 (with awards ranging from $5,008 to $547,033); it accepts rolling applications for certain emergency grants of up to $50,000 and event sponsorships.
Assets
$30.1M
Grants
282
Total Given
$8.0M
Amica Companies Foundation
Lincoln, RI
AMICA Companies Foundation supports qualified 501(c)(3) organizations working in basic needs and community development, education, health, arts and culture, and community and public affairs, generally serving Rhode Island residents. Its 2024 grants ranged from $53 to $250,000, with a median of $500; it accepts applications year-round through its online system, with no more than one application per organization each year.
Assets
$43.8M
Grants
1,288
Total Given
$4.2M
The Champlin Foundation
Pittsburgh, PA
The Champlin Foundation primarily funds capital projects—such as facility renovations and equipment—for charities serving Rhode Island in areas including health, education, arts, conservation, and social services; it does not fund programming or general operations. In 2024, grants ranged from $2,232 to $700,000, with a median of $49,750. Organizations apply through its online portal during the appropriate grant cycle; the profile does not state whether unsolicited requests are accepted.
Assets
$456.6M
Grants
213
Total Given
$18.1M
Frederick Henry Prince Testamentary Trust
Chicago, IL
The trust supports arts and culture, environmental work, youth development, democracy, and human services, with a focus on Chicago, Washington, D.C., and Newport, Rhode Island. Its 2024 grants ranged from $100 to $200,000, with a median of $20,000. It invites organizations to share a brief overview through its Community Inquiry Form, but Washington, D.C. applications require an invitation; Chicago fall arts applications are also by invitation.
Assets
—
Grants
203
Total Given
$4.2M
Citizens Charitable Foundation
Johnston, RI
Citizens Charitable Foundation supports 501(c)(3) programs focused on financial empowerment—especially financial education for low- to moderate-income people and small businesses—and workforce development, including job training and career coaching. Its 2024 grants ranged from $1 to $150,000, with a median of $250; giving was distributed across states, led by North Carolina, Massachusetts, New York, Rhode Island, and Pennsylvania. It states that it makes contributions only to preselected organizations and does not accept unsolicited requests.
Assets
$1.6M
Grants
1,602
Total Given
$1.2M
Van Beuren Charitable Foundation Inc
New York, NY
The foundation funds education, health and human services, economic development, cultural organizations, community facilities, and public-space projects, with priority given to Aquidneck Island and Newport County, Rhode Island; proposals from elsewhere may be considered if they clearly benefit those communities. In 2024, grants ranged from $1,000 to $2,128,280, with a median of $10,000. First-time applicants and applicants seeking major construction or landscape grants must arrange an introductory call before applying; the profile does not state whether unsolicited requests are accepted.
Assets
$378.2M
Grants
220
Total Given
$14.7M
Bazarsky Family Foundation
Middletown, RI
The Bazarsky Family Foundation supports education, community services, health care, youth programs, and arts, with most of its funding going to Rhode Island organizations. In 2025, grants ranged from $500 to $350,000, with a median of $10,000. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$11.3M
Grants
55
Total Given
$1.3M
CVS Foundation
Woonsocket, RI
CVS Foundation funds nonprofits improving access to health care and health outcomes, including work on health-related social needs, education, and workforce development. In 2024 it awarded 778 grants, with a median grant of $1,500 and awards ranging from $250 to $2,460,500; funding is concentrated in states including Virginia, Massachusetts, Connecticut, Rhode Island, and Arizona, with some national programs. It does not accept unsolicited requests; support is by invitation or RFP only.
Assets
$194.3M
Grants
778
Total Given
$21.4M
Ralph R Papitto & Barbara a Papitto
Providence, RI
Papitto Opportunity Connection funds Rhode Island 501(c)(3) organizations working in education, job skills training, housing, healthcare, and entrepreneurship, with a focus on communities most in need. It gives about $6 million annually; small grants are generally $5,000–$20,000, though awards vary widely. It accepts unsolicited applications during set periods, but its application page says proposals are not currently being accepted.
Assets
$6.8M
Grants
270
Total Given
$24.3M
Brown University
Providence, RI
Brown University’s reported external grants are primarily subcontract awards, often supporting research and healthcare-related organizations, rather than a clearly stated open grant program. In 2025, it made 235 grants ranging from $5,325 to $3.36 million, with a median of about $98,700; recipients were concentrated in Rhode Island, Massachusetts, California, and New York. The profile does not state whether Brown accepts unsolicited requests.
Assets
$11.3B
Grants
235
Total Given
$47.0M
The Pfizer Foundation Inc
New York, NY
The Pfizer Foundation funds locally led health programs that improve access to care and strengthen health systems, as well as health-crisis and disaster responses, worldwide. In 2024, grants ranged from $2 to $4 million, with a median of $200. It supports only preselected organizations and does not accept unsolicited requests.
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
More Funders in Rhode Island
Newportfed Charitable Foundation down — hundreds of funders to go?