THE PURPOSE OF OSRI IS TO ADVANCE THE RESEARCH MISSION OF THE DEPARTMENT OF VETERANS AFFAIRS THROUGH THE SUPPORT OF RESEARCH AND EDUCATIONAL RELATED ACTIVITIES AT THE PROVIDENCE VA MEDICAL CENTER. COLLABORATIVE RESEARCH AND EDUCATIONAL ENDEAVORS MAY BE ESTABLISHED WITH UNIVERSITIES, FOR-PROFIT COMPANIES, HOSPITALS, CHARITABLE FOUNDATIONS, PROFESSIONAL SOCIETIES, THE PUBLIC HEALTH SERVICE OR OTHER GOVERNMENTAL AGENCIES, AND OTHER NON-PROFIT AGENCIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4M
+23.0% YoY
Annual Giving
$1.1M
Grant Count
13
Avg Grant Size
$82K
About Ocean State Research Institute Inc
Based on IRS filings
Ocean State Research Institute Inc is a nonprofit organization focused on Medical Research, based in PROVIDENCE, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 13 grants totaling $1.1M. Net investment income was $69K.
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 | $3,353,783 | $2,727,296 | $2,864,500 |
| Revenue | $7,182,595 | $5,983,699 | $5,112,381 |
| Expenses | $6,995,426 | $5,893,664 | $5,102,442 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $68,857 | $46,819 | $3,138 |
| 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 10 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 |
|---|---|---|---|
| SATISH SHARMA MD | PRESIDENT | 1 | — |
| KENNETH POYTON | TREASURER | 0.25 | — |
| LAWRENCE CONNELL | DIRECTOR | 0.25 | — |
| ANNMARIE DUNICAN MD | DIRECTOR | 0.25 | — |
| GAURAV CHOUDHARY MD | DIRECTOR | 0.25 | — |
| MATTHEW JANKOWICH MD | DIRECTOR | 0.25 | — |
| WEN-CHIH WU MD | DIRECTOR | 0.25 | — |
| SHARON ROUNDS MD | DIRECTOR | 0.25 | — |
| WILLIAM O'GARA | DIRECTOR | 0.25 | — |
| DANIEL O'HARA | DIRECTOR | 0.25 | — |
| MARY FORD | EXECUTIVE DIRECTOR | 40 | $129,240 |
| SHERONDA PEEPLES | SR. PROJECT MANAGER | 40 | $105,402 |
| MARYAM RAHAFROOZ | DATA SCIENTIST | 40 | $111,652 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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