Shriners of Rhode Island Charities Trust

Foundation · Grantmaker CRANSTON, RI EIN: 22-3191072

Shriners of Rhode Island Charities Trust is a private foundation, based in CRANSTON, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32.4M in total assets. In 2024, it awarded 2 grants totaling $1.3M. Net investment income was $2.4M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$32.4M

+2.2% YoY

Annual Giving

$1.3M

-3.3% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$643K

+45.0% YoY

Under IRS private-foundation payout rules, Shriners of Rhode Island Charities Trust reported a distributable amount of $1.8M for 2024 — the minimum it must pay out in qualifying distributions.

About Shriners of Rhode Island Charities Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Rhode Island $5.8M (100%)

States

Rhode Island

Cities

Cranston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$32,401,864	$31,698,558	$31,851,103
Revenue	$2,807,937	$1,926,823	$4,415,072
Expenses	$2,104,631	$2,079,368	$1,557,957
Qualifying Distributions	$1,345,801	$1,330,252	$733,933
Net Investment Income	$2,382,730	$1,505,733	$3,970,669
Distributable Amount	$1,810,643	$1,708,562	$1,562,697

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

14 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached List ($1,057,557), See Attached List ($228,581).

Recipient	Purpose	Amount
SEE ATTACHED LIST CRANSTON, RI	CHARITABLE CONTRIBUTIONS	$1,057,557
SEE ATTACHED LIST CRANSTON, RI	HOSPITAL EXPENSE	$228,581

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MICHAEL BARBOZA	PRESIDENT	1	—
FRANK DIMASCIO	SECRETARY	1	$1,674
ANTHONY AMARAL	TREASURER	1	—
NICHOLAS OLIVER	DIRECTOR	1	—
MARK MOORE	DIRECTOR	1	—
PAUL FETTER III	DIRECTOR	1	—
BRYAN MARTIN	DIRECTOR	1	—
LEON C KNUDSEN	EMERITUS MEMBER	1	—

Frequently Asked Questions

How large is Shriners of Rhode Island Charities Trust?

As of 2024, Shriners of Rhode Island Charities Trust holds $32.4M in total assets with $2.8M in annual revenue. It awarded 2 grants totaling $1.3M in 2024.

Where does Shriners of Rhode Island Charities Trust operate?

Shriners of Rhode Island Charities Trust has awarded grants in Rhode Island.

What size grants does Shriners of Rhode Island Charities Trust award?

In 2024, Shriners of Rhode Island Charities Trust awarded 2 grants totaling $1.3M — an average of about $643K per grant, based on its IRS Form 990 filings.

How much is Shriners of Rhode Island Charities Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Shriners of Rhode Island Charities Trust reported a distributable amount of $1.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Shriners of Rhode Island Charities Trust's EIN?

Shriners of Rhode Island Charities Trust's EIN (Employer Identification Number) is 22-3191072. IRS Form 990 filing data is available on this page for 2020–2024.