The Downcity Partnership Inc

PROVIDENCE, RI EIN: 05-0514476

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

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

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$661K$1M$2M$3M20202021202220232024
Metric202420232022
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

$0$584K$1M$2M$2M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

THE RHODE ISLAND COMMUNI…$260K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K1$100–250K2$250–500K1$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Downcity Partnership Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
G ALAN KUROSE MD MBA FACPCHAIR0.3
JANET ROBINSONSECRETARY0.3
CARRIE BRIDGES MPHDIRECTOR0.3
MELISSA R DUBOSEDIRECTOR0.3
JONATHAN D FAINDIRECTOR0.3
EDWARD O HANDY IIIDIRECTOR0.3
ANN-MARIE HARRINGTONDIRECTOR0.3
MEGHAN HUGHES PHDDIRECTOR0.3
SALLY E LAPIDESDIRECTOR (AS OF 05/2024)0.3
SILVERMOON MARS LAROSEDIRECTOR (AS OF 05/2024)0.3
TONY MENDEZDIRECTOR0.3
THERESA MOOREDIRECTOR0.3
PETER R PHILLIPSDIRECTOR0.3
JAMES WRIGHTDIRECTOR0.3
DAVID CICILLINERIF PRESIDENT & CEO0.8
JENNIFER REIDTREASURER/RIF VP FINANCE & CFO0.8

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Providence

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

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