The Gilbane Family Foundation

PROVIDENCE, RI EIN: 05-6006170

The Gilbane Family Foundation is a private foundation based in Providence, Rhode Island. The organization is classified as a 501(c)(3) entity and operates as a grantmaking foundation focused on philanthropic activities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$7.6M

+1801.6% YoY

Grant Count

86

-15.7% YoY

Avg Grant Size

$89K

+2155.4% YoY

Under IRS private-foundation payout rules, The Gilbane Family Foundation reported a distributable amount of $253K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary giving focus is higher education. Additional funding areas include education, science education, and human services, with particular emphasis on supporting educational nonprofits and STEM education initiatives.

Grantmaking

The foundation made grants totaling $8,339,995 in contributions during fiscal year 2024. Recent grants include:

Grant Range

s have historically ranged from $4,400 to larger awards, with the foundation maintaining an active grantmaking program.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds initiatives in Providence, Rhode Island, with a geographic focus on Rhode Island.

Grant Distribution by State

25states
+17 more states

Cities

AlbanyAltaBabson ParkBarringtonBathBethesdaBostonBoulderBraintreeBristolBrocktonBronxCalabasasCambridgeCantonCarmelCharlestownCharlotteChestnut HillChicago

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2024:

  • Total Assets: $7,312,421
  • Total Revenues: $8,458,040
  • Total Grants and Contributions: $8,339,995
  • Investment Income and Dividends: $92,598
  • Total Expenses: $248,945
  • Number of Employees: 0

The foundation was established in 2023 and experienced significant growth in its first full year of operations, with grant contributions increasing 733.9% from fiscal year 2023 to 2024.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2021202220232024
Metric202420232022
Total Assets$5,768,945$5,762,611
Revenue$168,095$459,831$2,127,401
Expenses$7,719,829$453,497$357,053
Qualifying Distributions$7,639,953$402,832$313,637
Net Investment Income$117,708$409,166$83,985
Distributable Amount$253,040$313,173$281,371

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M88 grants202183 grants2022102 grants202386 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GILBANE FAMILY FOUNDATIO…$7.3MDOWNTOWN BOXING GYM YOUT…$13KDE LA SALLE COLLEGIATE H…$7KARCHBISHOP STEPINAC HIGH…$4KDEBUTANTE COTILLION AND …$4KNEXT STEP FUND INC$4KBABSON COLLEGE$4KNEXT GENERATION CHOICES …$4KNARRAGANSETT COUNCIL BOY…$3KNATIONAL CHILD RESEARCH …$3K

Grant Size Distribution

200 grants across all recorded years

199<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Gilbane Family Foundation Inc ($7,338,992), Downtown Boxing Gym Youth Program ($13,000), De La Salle Collegiate High School ($7,000).

RecipientPurposeAmount
ADIRONDACK COUNCIL ELIZABETHTOWN, NYSOCIAL SUPPORT$100
ALZHEIMER'S ASSOCIATION - RI CHAPTER PROVIDENCE, RIRESEARCH SUPPORT$500
AMERICAN CANCER SOCIETY FRAMINGHAM, MARESEARCH SUPPORT$1,300
ARCHBISHOP STEPINAC HIGH SCHOOL WHITE PLAINS, NYEDUCATION SUPPORT$4,000
BABSON COLLEGE BABSON PARK, MAEDUCATION SUPPORT$3,700
BARRINGTON EDUCATION FOUNDATION BARRINGTON, RIEDUCATION SUPPORT$300
BARRINGTON HIGH SCHOOL BOYS HOCKEY BARRINGTON, RISOCIAL SUPPORT$250
BARRINGTON TAP IN INC BARRINGTON, RISOCIAL SUPPORT$2,000
BOULDER VALLEY HEALTH CENTER INC BOULDER, COSOCIAL SUPPORT$500
CATHOLIC COMMUNITY FUND OF THE ARCHDIOCESE OF BOSTON BRAINTREE, MASOCIAL SUPPORT$500

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by three trustees:

  • Jeanne Radvany, President
  • Chloe Smith, Secretary
  • Robert Murray, Treasurer

All serve without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JEANNE RADVANYTRUSTEE1
JOHN BERKERYTRUSTEE1
ELEANOR GILBANETRUSTEE1
MADELEINE DURKINTRUSTEE1
CHLOE SMITHTRUSTEE1
PAUL J CHOQUETTE IIITRUSTEE1

Frequently Asked Questions

What does The Gilbane Family Foundation fund?

The foundation's primary giving focus is higher education. Additional funding areas include education, science education, and human services, with particular emphasis on supporting educational nonprofits and STEM education initiatives.

How do I apply for a grant from The Gilbane Family Foundation?

The foundation made grants totaling $8,339,995 in contributions during fiscal year 2024. Recent grants include: • The Rhode Island Foundation: $200,000 (General Support) • Brown University: $4,400 (Education) • The Next Step Fund: $4,500 (General Support) The foundation reported making 19 grants in 2024. Grant sizes have historically ranged from $4,400 to larger awards, with the foundation maintaining an active grantmaking program.

Where does The Gilbane Family Foundation make grants?

The foundation primarily funds initiatives in Providence, Rhode Island, with a geographic focus on Rhode Island.

What size grants does The Gilbane Family Foundation award?

In 2024, The Gilbane Family Foundation awarded 86 grants totaling $7.6M — an average of about $89K per grant, based on its IRS Form 990 filings.

How much is The Gilbane Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gilbane Family Foundation reported a distributable amount of $253K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Gilbane Family Foundation's EIN?

The Gilbane Family Foundation's EIN (Employer Identification Number) is 05-6006170. IRS Form 990 filing data is available on this page for 2021–2024.

Explore Open Grants

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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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