The Bancroft Family Foundation

MIDDLETOWN, RI EIN: 05-0509060

The Bancroft Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDDLETOWN, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 20 grants totaling $177K. Net investment income was $813K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+99.9% YoY

Annual Giving

$177K

+40.5% YoY

Grant Count

20

+33.3% YoY

Avg Grant Size

$9K

+5.4% YoY

About The Bancroft Family Foundation

Based on IRS filings

The Bancroft Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDDLETOWN, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 20 grants totaling $177K. Net investment income was $813K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

AcushnetBostonBridgeportCascoCharlotteCranstonDr WellingtonFall RiverHagerstownLittle ComptonMiddletownNew BedfordNewportNewtonvilleNorthamptonProvidenceRestonSheltonStuartSuite G Hurst

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$263K$527K$790K$1M20202021202220232024
Metric202420232022
Total Assets$1,538,304$769,451$864,142
Revenue$958,157$39,084$163,704
Expenses$189,303$133,776$175,424
Qualifying Distributions$189,259$133,244$174,052
Net Investment Income$812,555$26,552$39,204
Distributable Amount$69,967$67,263$63,984

Giving Over Time

Total grant dollars and number of grants per year

$0$44K$89K$133K$177K17 grants20208 grants202120 grants202215 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Nativity Preparatory Sch…$25KAdoption Rhode Island$20KBuddyMentor Inc$20KOur Sisters' School$20KNew Beginnings Family Ac…$11KHopecam Inc$10KCommunity Boating Center$10KLucy's Hearth$10KCollege Bound$6KSYMI-fr Inc$6K

Grant Size Distribution

80 grants across all recorded years

80<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DIANE M ZUSPANTREASURER
LAURIE MANDLYPRESIDENT
CAROL A VERROCHISECRETARY
Ryan MandlyTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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