Ocean State Research Institute Inc
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.
Key facts about Ocean State Research Institute Inc
In short: Ocean State Research Institute Inc gave $772K across 9 grants in 2025 (avg $86K), mostly in Rhode Island. Source: 2025 IRS Form 990.
- EIN
- 05-0440574
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $771,977
- Grants made (2025)
- 9
- Average grant
- $85,775
- Median grant
- $28,226
- Total assets
- $3,402,054
- Primary geography
- Rhode Island (75% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$3.4M
+1.4% YoY
Annual Giving
$772K
-27.5% YoY
Grant Count
9
-30.8% YoY
Avg Grant Size
$86K
+4.7% YoY
About Ocean State Research Institute Inc
Based on IRS filings
Ocean State Research Institute Inc is a public charity focused on Medical Research, based in Providence, RI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.4M in total assets. In 2025, it awarded 9 grants totaling $772K. Net investment income was $67K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $772K (2025) to $1.1M (2024). In 2025 it made 9 grants totaling $772K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was University of Rhode Island ($303K). Together the top 9 received $772K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 15 grants of 22 (68%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Rhode Island Kingston, RI | Subawardee | $303,389 |
| RIH Providence, RI | Subawardee | $279,242 |
| Bvari Boston, MA | Subawardee | $65,117 |
| Tampa Temple Terrace, FL | Subawardee | $45,996 |
| HJFCFI Bethesda, MD | Subawardee | $28,226 |
| Kentucky Lexington, KY | Subawardee | $20,860 |
| Texas A&M University College Station, TX | Subawardee | $10,836 |
| Brigham & Women's Hospital Boston, MA | Subawardee | $10,754 |
| Richmond Richmond, VA | Subawardee | $7,557 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,402,054 | $3,353,783 | $2,727,296 |
| Revenue | $8,345,540 | $7,182,595 | $5,983,699 |
| Expenses | $8,048,515 | $6,995,426 | $5,893,664 |
| Net Investment Income | $67,224 | $68,857 | $46,819 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS June 16, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS February 12, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
Ocean State Research Institute Inc is led by Mary T Ford, Executive Director on every filing since 2019; 5 of 15 officers listed in 2025 are compensated.
Officers on the 2025 filing
Mary T Ford
Executive Director
On filings since 2019
40 hrs/week
$69K (2019) → $135K (2025)
Satish Sharma MD
President
Treasurer & Director → President & Director, 2021
President & Director → President, 2024
On filings since 2019
1 hr/week
No compensation reported
Daniel O'Hara
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Gaurav Choudhary MD
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Sharon Rounds MD
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Wen-Chih Wu MD
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Lawrence Connell
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Annmarie Dunican MD
Director
On filings since 2021
0.3 hrs/week
No compensation reported
Matthew Jankowich MD
Director
On filings since 2021
0.3 hrs/week
No compensation reported
William O'Gara
Director
On filings since 2022
0.3 hrs/week
No compensation reported
Maryam Rahafrooz
Data Scientist
On filings since 2024
40 hrs/week
$112K (2024) → $136K (2025)
Sheronda Peeples
Senior Project Manager
On filings since 2024
40 hrs/week
$105K (2024) → $124K (2025)
Hongwei Yao
Research Biologist
New on the 2025 filing
40 hrs/week
$123K (2025)
Joshua Kepler
Clinical Monitor
New on the 2025 filing
40 hrs/week
$119K (2025)
Kenneth Poyton
Treasurer
Director → Treasurer & Director, 2021
Treasurer & Director → Treasurer, 2024
On filings since 2019
0.3 hrs/week
No compensation reported
Former officers (3)
- Former: Robert M Swift MD PhD (2019–2020) — President & Director
- Former: Daniel Stack (2019) — Director
- Former: Susan A Mackenzie PhD (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "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
The highest reported compensation on the 2025 filing was $136K, to Maryam Rahafrooz (Data Scientist). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Ocean State Research Institute Inc
How much does Ocean State Research Institute Inc give each year?
Ocean State Research Institute Inc gave $772K across 9 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.1M across 13 grants.
What is Ocean State Research Institute Inc's typical grant size?
Ocean State Research Institute Inc's median grant in 2025 was $28,226, and its average grant was $85,775, across 9 grants on its 2025 IRS Form 990.
Where does Ocean State Research Institute Inc give grants?
Ocean State Research Institute Inc gives mostly in Rhode Island: 75% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest states were Massachusetts (10%) and Florida (6%). The most frequent recipient cities were Boston, MA (2 grants).
Does Ocean State Research Institute Inc give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on Ocean State Research Institute Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Subawardee" (9 grants).
Who are Ocean State Research Institute Inc's largest grantees?
Ocean State Research Institute Inc's largest 2025 grantees include University of Rhode Island ($303,389), RIH ($279,242) and Bvari ($65,117), according to its 2025 IRS Form 990. Together they received 84% of its itemized 2025 grant dollars.
How large is Ocean State Research Institute Inc?
Ocean State Research Institute Inc reported $3.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $8.3M.
What is Ocean State Research Institute Inc?
Ocean State Research Institute Inc is a public charity focused on Medical Research, based in Providence, RI. It holds $3.4M in total assets as of 2025.
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Ocean State Research Institute Inc by hand.
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