TO SUPPORT THE REVITALIZATION OF DOWNTOWN PROVIDENCE, RI (DOWNCITY), ACTING AS A CATALYST FOR DEVELOPMENT AND NEW INITIATIVES TO BENEFIT DOWNCITY. THE ORGANIZATION WILL COORDINATE WITH THE CITY AND OTHER PUBLIC, PRIVATE, AND NONPROFIT ORGANIZATIONS, ACTING AS THE PRIMARY IMPETUS FOR REVITALIZATION EFFORTS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
-6.7% YoY
Annual Giving
$260K
+22.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$260K
+22.2% YoY
About The Downcity Partnership Inc
Based on IRS filings
The Downcity Partnership Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PROVIDENCE, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 1 grants totaling $260K. Net investment income was $125K.
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 | $2,572,273 | $2,756,943 | $2,864,610 |
| Revenue | $125,853 | $155,018 | $237,998 |
| Expenses | $317,205 | $256,083 | $2,404,211 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $124,937 | $153,251 | $236,250 |
| Distributable Amount | — | — | — |
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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Rhode Island Community Foundation ($259,537).
| Recipient | Purpose | Amount |
|---|---|---|
| THE RHODE ISLAND COMMUNITY FOUNDATION PROVIDENCE, RI | GENERAL SUPPORT | $259,537 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| G ALAN KUROSE MD MBA FACP | CHAIR | 0.3 | — |
| JANET ROBINSON | SECRETARY | 0.3 | — |
| CARRIE BRIDGES MPH | DIRECTOR | 0.3 | — |
| MELISSA R DUBOSE | DIRECTOR | 0.3 | — |
| JONATHAN D FAIN | DIRECTOR | 0.3 | — |
| EDWARD O HANDY III | DIRECTOR | 0.3 | — |
| ANN-MARIE HARRINGTON | DIRECTOR | 0.3 | — |
| MEGHAN HUGHES PHD | DIRECTOR | 0.3 | — |
| SALLY E LAPIDES | DIRECTOR (AS OF 05/2024) | 0.3 | — |
| SILVERMOON MARS LAROSE | DIRECTOR (AS OF 05/2024) | 0.3 | — |
| TONY MENDEZ | DIRECTOR | 0.3 | — |
| THERESA MOORE | DIRECTOR | 0.3 | — |
| PETER R PHILLIPS | DIRECTOR | 0.3 | — |
| JAMES WRIGHT | DIRECTOR | 0.3 | — |
| DAVID CICILLINE | RIF PRESIDENT & CEO | 0.8 | — |
| JENNIFER REID | TREASURER/RIF VP FINANCE & CFO | 0.8 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Downcity Partnership Inc?
The Downcity Partnership Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PROVIDENCE, RI. It holds $2.6M in total assets as of 2024.
How large is The Downcity Partnership Inc?
As of 2024, The Downcity Partnership Inc holds $2.6M in total assets with $126K in annual revenue. It awarded 1 grants totaling $260K in 2024.
Where does The Downcity Partnership Inc operate?
The Downcity Partnership Inc has awarded grants in Rhode Island.
What size grants does The Downcity Partnership Inc award?
In 2024, The Downcity Partnership Inc awarded 1 grants totaling $260K — an average of about $260K per grant, based on its IRS Form 990 filings.
What is The Downcity Partnership Inc's EIN?
The Downcity Partnership Inc's EIN (Employer Identification Number) is 05-0514476. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Downcity Partnership Inc'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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