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Ocean State Research Institute Inc

PROVIDENCE, RI EIN: 05-0440574 Website

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

11states
+3 more states

Cities

AthensBethesdaBostonClevelandCollege StationKingstonLexingtonProvidenceRichmondSalt Lake CityTemple TerraceWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
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

$0$266K$532K$799K$1M0 grants20200 grants20210 grants20220 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF RHODE ISLAND$348KRIH$329KBVARI$105KTAMPA$58KCLEVELAND CLINIC$47KHJFCFI$46KUNIVERSITY OF UTAH$42KRICHMOND$18KTEXAS A&M UNIVERSITY$17KINSTITUTE FOR CR$16K

Grant Size Distribution

13 grants across all recorded years

9<$50K1$50–100K1$100–250K2$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
RIH PROVIDENCE, RISUBAWARDEE$328,803
UNIVERSITY OF RHODE ISLAND KINGSTON, RISUBAWARDEE$348,269
KENTUCKY LEXINGTON, KYSUBAWARDEE$15,283
INSTITUTE FOR CR WASHINGTON, DCSUBAWARDEE$16,221
UNIVERSITY OF UTAH SALT LAKE CITY, UTSUBAWARDEE$42,041
HJFCFI BETHESDA, MDSUBAWARDEE$46,211
TAMPA TEMPLE TERRACE, FLSUBAWARDEE$57,921
RICHMOND RICHMOND, VASUBAWARDEE$17,955
BRIGHAM & WOMEN'S HOSPITAL BOSTON, MASUBAWARDEE$15,871
TEXAS A&M UNIVERSITY COLLEGE STATION, TXSUBAWARDEE$17,373

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MARY FORDEXECUTIVE DIRECTOR$129KMARYAM RAHAFROOZDATA SCIENTIST$112KSHERONDA PEEPLESSR. PROJECT MANAGER$105K

From 2024 filing

NameTitleHoursCompensation
SATISH SHARMA MDPRESIDENT1
KENNETH POYTONTREASURER0.25
LAWRENCE CONNELLDIRECTOR0.25
ANNMARIE DUNICAN MDDIRECTOR0.25
GAURAV CHOUDHARY MDDIRECTOR0.25
MATTHEW JANKOWICH MDDIRECTOR0.25
WEN-CHIH WU MDDIRECTOR0.25
SHARON ROUNDS MDDIRECTOR0.25
WILLIAM O'GARADIRECTOR0.25
DANIEL O'HARADIRECTOR0.25
MARY FORDEXECUTIVE DIRECTOR40$129,240
SHERONDA PEEPLESSR. PROJECT MANAGER40$105,402
MARYAM RAHAFROOZDATA SCIENTIST40$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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