The de Ramel Foundation is a private philanthropic organization based in Newport, Rhode Island. Established in 2010, the foundation was created through a distribution from the original Prince Charitable Trusts, which dates back to 1947. The foundation honors and advances the charitable legacy of Frederick H. Prince and his wife, Abigail Norman Prince, continuing their nearly 100-year-old tradition of philanthropy.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.2M
+0.0% YoY
Annual Giving
$616K
+22.9% YoY
Grant Count
32
-11.1% YoY
Avg Grant Size
$19K
+38.3% YoY
Under IRS private-foundation payout rules, The De Ramel Foundation reported a distributable amount of $603K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation is dedicated to funding innovative thinking and projects across four primary areas:
Innovation — Supporting individuals and organizations that develop new ideas and technologies for making the world better.
Conservation — Preserving the history in communities and understanding people and places to increase long-term success for the planet.
Development — Funding projects that promote progress and growth on local and global levels, ensuring the world remains sustainable for future generations.
Core Interests — The foundation focuses on the environment, science, education, and health as primary drivers of its work.
Grantmaking
The foundation operates on an invite-only basis and does not accept unsolicited applications.
Grant Range
$5,000-$10,000
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Geographic Focus
Where this funder awards grants
The foundation supports a wide range of communities across the United States, with particular emphasis on Rhode Island. Geographic reach includes major urban centers such as New York, Chicago, and Dallas, as well as smaller communities including Hope Valley and Little Compton. The foundation operates across multiple states including California, Connecticut, Florida, Illinois, Indiana, Massachusetts, Maryland, New York, Rhode Island, Texas, Virginia, and Wisconsin.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023)
- Total assets: $12,219,182
- Total revenue: $511,620
- Total expenses: $686,643
- Total liabilities: $233,000
- Giving rate: 4.1% of assets
Historical Financials
- 2022 assets: $12.2 million
- 2022 total giving: $496,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,220,466 | $12,219,182 | $12,161,376 |
| Revenue | $942,670 | $511,620 | $2,192,254 |
| Expenses | $787,646 | $686,643 | $667,425 |
| Qualifying Distributions | $657,500 | $553,037 | $535,238 |
| Net Investment Income | $826,719 | $399,844 | $2,069,774 |
| Distributable Amount | $603,033 | $658,023 | $573,576 |
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
135 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way of Ri ($300,000), Heritage Flight Foundation ($65,000), Bike Newport ($50,258).
| Recipient | Purpose | Amount |
|---|---|---|
| AQUIDNECK COMMUNITY TABLE NEWPORT, RI | GENERAL PURPOSE | $135 |
| AQUIDNECK LAND TRUST MIDDLETOWN, RI | GENERAL PURPOSE | $2,591 |
| AUDRAIN AUTOMOBILE MUSEUM NEWPORT, RI | GENERAL PURPOSE | $458 |
| BIKE NEWPORT NEWPORT, RI | GENERAL PURPOSE | $50,258 |
| CAMPFIRE CIRCLE | GENERAL PURPOSE | $1,812 |
| COMMUNITY ANGELS GAITHERSBURG, MD | GENERAL PURPOSE | $5,000 |
| DESTINY CENTER BROCKTON, MA | GENERAL PURPOSE | $4,000 |
| EXPERIMENTAL AIRCRAFT ASSOCIATION OSHKOSH, WI | GENERAL PURPOSE | $93 |
| FISHES AT THE FORT JAMESTOWN, RI | GENERAL PURPOSE | $263 |
| FLIGHT EXPERIENCE FOR YOUTH WARREN, VT | GENERAL PURPOSE | $3,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Guillaume De Ramel — Sole trustee of the foundation. A direct descendant of French political philosopher Montesquieu, paternal grandson of Frederick O. Prince (mayor of Boston in the late 1800s), and great nephew of Norman Prince (co-founder of the Lafayette Escadrille). Guillaume ran for Rhode Island Secretary of State in 2006 (47%) and 2014 (49%). He serves as Commissioner of the Rhode Island Quonset Development Corporation (appointed by Governor Raimondo) and is involved in various civic and charitable initiatives throughout Rhode Island.
Jennifer Pancione-Jenkins — Administrator, part-time position with compensation of $26,496.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GUILLAUME DE RAMEL | TRUSTEE | 20 | — |
| JENNIFER PANCIONE-JENKINS | ADMINISTRATOR | 10 | $26,496 |
Recent News & Activity
Recent developments and announcements
The foundation has been actively involved in supporting community initiatives on Aquidneck Island, including:
**RhodySquash at YMCA** — Co-founded in 2010, the foundation has partnered with the Newport County YMCA to support youth health, wellness, and athletic development through squash programming. The foundation provided a $500,000 gift to boost squash programs on Aquidneck Island.
Newport County YMCA, RhodySquash and the de Ramel ...**InnovationLab at St. Michael's Country Day School** — Supporting the development of a maker's lab at this elementary school to nurture the next generation of entrepreneurs and provide young children with opportunities to create, build, and engage with technology.
**Norman Prince Neurosciences Institute (NPNI) at Rhode Island Hospital** — The foundation is supporting advancement in neurosciences research and treatment.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The De Ramel Foundation fund?
The foundation is dedicated to funding innovative thinking and projects across four primary areas: **Innovation** — Supporting individuals and organizations that develop new ideas and technologies for making the world better. **Conservation** — Preserving the history in communities and understanding people and places to increase long-term success for the planet. **Development** — Funding projects that promote progress and growth on local and global levels, ensuring the world remains sustainable…
How do I apply for a grant from The De Ramel Foundation?
**Grant Activity** • Total giving in 2023: $500,085 across 31 grants • Total giving in 2022: $496,000 across 25 grants • Median grant size: $5,000-$10,000 • Grant range: $1,000-$130,000 • Five-year trend: Declining year-over-year giving (-16% total growth) **Application Policy** The foundation operates on an invite-only basis and does not accept unsolicited applications.
Where does The De Ramel Foundation make grants?
The foundation supports a wide range of communities across the United States, with particular emphasis on Rhode Island. Geographic reach includes major urban centers such as New York, Chicago, and Dallas, as well as smaller communities including Hope Valley and Little Compton. The foundation operates across multiple states including California, Connecticut, Florida, Illinois, Indiana, Massachusetts, Maryland, New York, Rhode Island, Texas, Virginia, and Wisconsin.
What size grants does The De Ramel Foundation award?
In 2024, The De Ramel Foundation awarded 32 grants totaling $616K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is The De Ramel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The De Ramel Foundation reported a distributable amount of $603K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The De Ramel Foundation's EIN?
The De Ramel Foundation's EIN (Employer Identification Number) is 26-6190697. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The De Ramel Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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