Rhode Island Cpcu Scholarship Fund is a private foundation focused on Education, based in LINCOLN, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 10 grants totaling $50K. Net investment income was $86K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+11.3% YoY
Annual Giving
$50K
Grant Count
10
Avg Grant Size
$5K
Under IRS private-foundation payout rules, Rhode Island Cpcu Scholarship Fund reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.
About Rhode Island Cpcu Scholarship Fund
Based on IRS filings
Rhode Island Cpcu Scholarship Fund is a private foundation focused on Education, based in LINCOLN, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 10 grants totaling $50K. Net investment income was $86K.
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 | $1,372,794 | $1,232,975 | $1,151,447 |
| Revenue | $103,439 | $40,202 | $61,635 |
| Expenses | $57,696 | $46,664 | $46,292 |
| Qualifying Distributions | $57,696 | — | — |
| Net Investment Income | $85,879 | $32,860 | $45,660 |
| Distributable Amount | $63,163 | — | — |
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
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Isabella Bettencourt ($5,000), Jennie Cao ($5,000), Dustin Dunhill ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ISABELLA BETTENCOURT GREENVILLE, RI | SCHOLARSHIP | $5,000 |
| JENNIE CAO SHREWSBURY, MA | SCHOLARSHIP | $5,000 |
| DUSTIN DUNHILL WARWICK, RI | SCHOLARSHIP | $5,000 |
| DANIELLE GOLUB MANSFIELD, MA | SCHOLARSHIP | $5,000 |
| MARY HEINOLD WILBRAHAM, MA | SCHOLARSHIP | $5,000 |
| SATANVI KAVALI CRANSTON, RI | SCHOLARSHIP | $5,000 |
| JULIA LAVERTY CUMBERLAND, RI | SCHOLARSHIP | $5,000 |
| TYLER LONGEST CUMBERLAND, RI | SCHOLARSHIP | $5,000 |
| BRENDAN RESENDE FALL RIVER, MA | SCHOLARSHIP | $5,000 |
| JOSEPH SILVIA JOHNSTON, RI | SCHOLARSHIP | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN A RUSATE | PRESIDENT | — | — |
| STEFVAN DREZEK | TREASURER | — | — |
| MICHELLE N PELLETIER | SECRETARY | — | — |
| TRACI ADEDEJI | DIRECTOR | — | — |
| DAVID E FALES | DIRECTOR | — | — |
| TODD R LARSON | DIRECTOR | — | — |
| ALLAN MCDERMOTT | DIRECTOR | — | — |
| JOHN TICKNER | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rhode Island Cpcu Scholarship Fund?
Rhode Island Cpcu Scholarship Fund is a private foundation focused on Education, based in LINCOLN, RI. It holds $1.4M in total assets as of 2024.
How large is Rhode Island Cpcu Scholarship Fund?
As of 2024, Rhode Island Cpcu Scholarship Fund holds $1.4M in total assets with $103K in annual revenue. It awarded 10 grants totaling $50K in 2024.
Where does Rhode Island Cpcu Scholarship Fund operate?
Rhode Island Cpcu Scholarship Fund has awarded grants in Massachusetts, Rhode Island.
What size grants does Rhode Island Cpcu Scholarship Fund award?
In 2024, Rhode Island Cpcu Scholarship Fund awarded 10 grants totaling $50K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Rhode Island Cpcu Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rhode Island Cpcu Scholarship Fund reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rhode Island Cpcu Scholarship Fund's EIN?
Rhode Island Cpcu Scholarship Fund's EIN (Employer Identification Number) is 05-0473536. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rhode Island Cpcu Scholarship Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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