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
Among its reported 2024 grants, the largest include University of Rhode Island ($348,269), Rih ($328,803), Bvari ($104,724).
| Recipient | Purpose | Amount |
|---|---|---|
| RIH PROVIDENCE, RI | SUBAWARDEE | $328,803 |
| UNIVERSITY OF RHODE ISLAND KINGSTON, RI | SUBAWARDEE | $348,269 |
| KENTUCKY LEXINGTON, KY | SUBAWARDEE | $15,283 |
| INSTITUTE FOR CR WASHINGTON, DC | SUBAWARDEE | $16,221 |
| UNIVERSITY OF UTAH SALT LAKE CITY, UT | SUBAWARDEE | $42,041 |
| HJFCFI BETHESDA, MD | SUBAWARDEE | $46,211 |
| TAMPA TEMPLE TERRACE, FL | SUBAWARDEE | $57,921 |
| RICHMOND RICHMOND, VA | SUBAWARDEE | $17,955 |
| BRIGHAM & WOMEN'S HOSPITAL BOSTON, MA | SUBAWARDEE | $15,871 |
| TEXAS A&M UNIVERSITY COLLEGE STATION, TX | SUBAWARDEE | $17,373 |
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
Frequently Asked Questions
What is Ocean State Research Institute Inc?
Ocean State Research Institute Inc is a nonprofit organization focused on Medical Research, based in PROVIDENCE, RI. It holds $3.4M in total assets as of 2024.
How large is Ocean State Research Institute Inc?
As of 2024, Ocean State Research Institute Inc holds $3.4M in total assets with $7.2M in annual revenue. It awarded 13 grants totaling $1.1M in 2024.
Where does Ocean State Research Institute Inc operate?
Ocean State Research Institute Inc has awarded grants in District of Columbia, Florida, Georgia, Kentucky, Massachusetts, Maryland, Ohio, Rhode Island, Texas, Utah, Virginia.
What size grants does Ocean State Research Institute Inc award?
In 2024, Ocean State Research Institute Inc awarded 13 grants totaling $1.1M — an average of about $82K per grant, based on its IRS Form 990 filings.
What is Ocean State Research Institute Inc's EIN?
Ocean State Research Institute Inc's EIN (Employer Identification Number) is 05-0440574. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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