Robert B Cranston
Robert B Cranston is a private foundation, based in NEWPORT, 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 1 grants totaling $112K. Net investment income was $2.4M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4M
+207.4% YoY
Annual Giving
$112K
+27.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$112K
+27.2% YoY
Under IRS private-foundation payout rules, Robert B Cranston reported a distributable amount of $187K for 2024 — the minimum it must pay out in qualifying distributions.
About Robert B Cranston
Based on IRS filings
Robert B Cranston is a private foundation, based in NEWPORT, 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 1 grants totaling $112K. Net investment income was $2.4M.
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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 | $3,428,986 | $1,115,304 | $1,308,226 |
| Revenue | $2,477,123 | $111,945 | $101,946 |
| Expenses | $163,441 | $104,867 | $322,205 |
| Qualifying Distributions | $117,058 | $93,164 | $294,601 |
| Net Investment Income | $2,441,241 | $114,410 | $118,953 |
| Distributable Amount | $187,225 | $203,462 | $217,006 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 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 Indigent People - Paid for Medical Svs Food Clothing Housing & Travel ($111,808).
| Recipient | Purpose | Amount |
|---|---|---|
| INDIGENT PEOPLE - PAID FOR MEDICAL SVS FOOD CLOTHING HOUSING & TRAVEL NEWPORT, RI | MEDICAL SVCE, FOOD, UTIL, CLOTHING, HOUSING & TRAVEL | $111,808 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GREGORY FATER | TRUSTEE | 2 | $3,000 |
| JOHN H ELLIS | TRUSTEE | 2 | $2,000 |
| JACK GRANT | DIRECTOR | 10 | $4,000 |
| JANE KELLY | TRUSTEE | 2 | $2,000 |
Frequently Asked Questions
How large is Robert B Cranston?
As of 2024, Robert B Cranston holds $3.4M in total assets with $2.5M in annual revenue. It awarded 1 grants totaling $112K in 2024.
Where does Robert B Cranston operate?
Robert B Cranston has awarded grants in Rhode Island.
What size grants does Robert B Cranston award?
In 2024, Robert B Cranston awarded 1 grants totaling $112K — an average of about $112K per grant, based on its IRS Form 990 filings.
How much is Robert B Cranston required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Robert B Cranston reported a distributable amount of $187K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Robert B Cranston's EIN?
Robert B Cranston's EIN (Employer Identification Number) is 05-6008897. 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.