Ponagansett Foundation Inc
Ponagansett Foundation Inc is a private foundation based in Harrison, New York. Its 2023 filing is marked as the organization’s final return, so it appears to have wound down or stopped grantmaking.
Key facts about Ponagansett Foundation Inc
In short: Ponagansett Foundation Inc gave $356K across 33 grants in 2023 (avg $11K), mostly in New York. 12% of 2023 grantees were new. Source: 2023 IRS Form 990-PF.
- EIN
- 23-7179101
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $355,635
- Grants made (2023)
- 33
- Average grant
- $10,777
- Median grant
- $2,000
- New grantees (estimate)
- 12% first-time grantees (4 of 33, 2023)
- Primary geography
- New York (73% of itemized 2023 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation stated that it made contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2023; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$356K
+63.6% YoY
Grant Count
33
-41.1% YoY
Avg Grant Size
$11K
+177.6% YoY
Under IRS private-foundation payout rules, Ponagansett Foundation Inc reported a distributable amount of $11K for 2023 — the minimum it must pay out in qualifying distributions.
Is Ponagansett Foundation Inc open to new grantees?
12%
first-time grantees, 2023
In 2023, 4 of 33 grantees (12%) were first-time recipients. First grants averaged $30K; repeat grants $8K. How we count
Medians: $7K first-time, $2K repeat.
- 79% of 2023 grantees were also funded in 2022. Method
- Giving grew 65% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2023). 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
The foundation’s own mission is not stated in the available information. Its 2023 grants included support for organizations with different missions. For example, St. Jude Children’s Research Hospital says its mission is to advance cures and prevention for pediatric catastrophic diseases through research and treatment. Arkansas Children’s Hospital says it champions children by making them better today and healthier tomorrow. Habitat for Humanity says it seeks to eliminate poverty housing and make decent shelter a matter of conscience and action.
Grantmaking
How to Apply
.
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Geographic Focus
Where this funder awards grants
In 2023, 73% of grant dollars went to recipients in New York. Other reported recipient-state shares were Iowa, 6%; Oklahoma, 5%; Tennessee, 5%; and Oregon, 3%.
Grant Distribution by State
Share of 2023 grant dollars across all 33 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2023, annual grant giving ranged from $216K (2020) to $356K (2023). In 2023 it made 33 grants totaling $356K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2023
The largest 2023 recipient was La Salle Academy ($120K). Together the top 10 received $332K.
Grant Size Distribution
264 grants across all recorded years
The most common grant size was under $50K: 261 grants of 264 (99%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| La Salle Academy New Yok, NY | General Support | $120,000 |
| Tunnel to Towers Foundation Staten Island, NY | General Support | $102,500 |
| NYU Langone Medical Center New York, NY | General Support | $25,000 |
| Marine Toys for Tots Foundation Des Moines, IA | General Support | $18,725 |
| Folds of Honor Tulsa, OK | General Support | $18,500 |
| St Jude Children's Research Hospital Memphis, TN | General Support | $18,500 |
| Saint John's Society Corvallis, OR | General Support | $10,000 |
| SJE Olmc Church White Plains, NY | General Support | $8,500 |
| Arkansas Children's Hospital Little Rock, AR | General Support | $5,000 |
| Columbia University New York, NY | General Support | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2023 | Not reported here | $195,685 | $379,411 | $355,635 |
| 2022 | $183,726 | $253,006 | $224,104 | $217,400 |
| 2021 | $154,824 | $263,781 | $277,527 | $270,800 |
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $183,726 | $154,824 |
| Revenue | $195,685 | $253,006 | $263,781 |
| Expenses | $379,411 | $224,104 | $277,527 |
| Qualifying Distributions | $378,911 | $223,609 | $277,022 |
| Net Investment Income | $55,185 | $2,511 | $3,276 |
| Distributable Amount | $10,677 | $8,633 | $20,215 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS February 27, 2020)
- IRS filings on file for fiscal years 2020–2023
Leadership & Key People
Leadership team and compensation from IRS filings
The 2023 filing lists Mary B Shea as trustee, president, and assistant treasurer; Brian K Green as trustee and assistant secretary; Mary Ellen Leyden as trustee, secretary, and treasurer; and Eileen Caroline Dolan and John F Dolan as trustees.
Ponagansett Foundation Inc is led by Mary B. Shea, Trustee, President & Assistant Treasurer on every filing since 2019; none of the 5 officers listed in 2023 report compensation.
Officers on the 2023 filing
Mary B. Shea
Trustee, President & Assistant Treasurer
On filings since 2019
0.5 hrs/week
No compensation reported
Brian K. Green
Trustee & Assistant Secretary
On filings since 2019
0.5 hrs/week
No compensation reported
Eileen Caroline Dolan
Trustee
On filings since 2019
0.5 hrs/week
No compensation reported
John F. Dolan
Trustee
On filings since 2019
0.5 hrs/week
No compensation reported
Mary Ellen Leyden
Trustee Secretary & Treasurer
On filings since 2019
0.5 hrs/week
No compensation reported
Former officers (3)
- Former: Michael S. Arlein (2019–2020) — Trustee & Vice President
- Former: Mimi J. Kaplansky (2019) — Treasurer & Assistant Secretary
- Former: Robert B. Shea (2019) — Trustee & Vice President · Filing note: Deceased on 81119
Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 500 Mamaroneck Ave 301, Harrison, NY 10528
Phone: (212) 286-2600
Frequently asked questions about Ponagansett Foundation Inc
How much does Ponagansett Foundation Inc give each year?
Ponagansett Foundation Inc gave $356K across 33 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $217K across 56 grants.
What is Ponagansett Foundation Inc's typical grant size?
Ponagansett Foundation Inc's median grant in 2023 was $2,000, and its average grant was $10,777, across 33 grants on its 2023 IRS Form 990-PF. Organizations receiving their first grant from Ponagansett Foundation Inc that year got $30K on average.
Where does Ponagansett Foundation Inc give grants?
Ponagansett Foundation Inc gives mostly in New York: 73% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest states were Iowa (6%) and Oklahoma (5%). The most frequent recipient cities were Phoenix, AZ (3 grants), New York, NY (2 grants), Closter, NJ (2 grants) and Topeka, KS (2 grants).
Does Ponagansett Foundation Inc give general operating support?
Yes: 100% of Ponagansett Foundation Inc's 2023 grants with a stated purpose (33 of 33) were for general or operating support, per its 2023 IRS Form 990-PF.
Who are Ponagansett Foundation Inc's largest grantees?
Ponagansett Foundation Inc's largest 2023 grantees include La Salle Academy ($120,000), Tunnel to Towers Foundation ($102,500) and NYU Langone Medical Center ($25,000), according to its 2023 IRS Form 990-PF. Together they received 70% of its itemized 2023 grant dollars.
What does Ponagansett Foundation Inc fund?
The foundation’s own mission is not stated in the available information. Its 2023 grants included support for organizations with different missions. For example, St. See mission & focus areas ↑
How do I apply for a grant from Ponagansett Foundation Inc?
The foundation stated that it made contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
How much is Ponagansett Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Ponagansett Foundation Inc reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ponagansett Foundation Inc's EIN?
Ponagansett Foundation Inc's EIN (Employer Identification Number) is 23-7179101. IRS Form 990 filing data is available on this page for 2019–2023.
Does Ponagansett Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Ponagansett Foundation Inc by hand.
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