The Grace W Allsop Foundation

PROVIDENCE, RI EIN: 05-0513795

The Grace W Allsop Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PROVIDENCE, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $195K in total assets. In 2024, it awarded 8 grants totaling $6K. Net investment income was $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$195K

-8.7% YoY

Annual Giving

$6K

-42.1% YoY

Grant Count

+14.3% YoY

Avg Grant Size

$687.5

-49.3% YoY

Under IRS private-foundation payout rules, The Grace W Allsop Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

About The Grace W Allsop Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with The Grace W Allsop Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $35K (85%)

Rhode Island $6K (14%)

Arizona $500 (1%)

States

Arizona Massachusetts Rhode Island

Cities

AllstonCumberlandEasthamFall RiverOrleansProvincetownSaunderstownTivertonTucson

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$194,668	$213,123	$233,386
Revenue	$20,667	$18,527	$6,365
Expenses	$37,412	$39,590	$38,651
Qualifying Distributions	$22,292	$25,236	$24,172
Net Investment Income	$2,545	$682	—
Distributable Amount	$11,071	$11,601	$13,154

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

38 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Provincetown Center for Coastal Stu ($1,000), Pet Partners Inc ($1,000), Hotel for Homeless Dogs ($1,000).

Recipient	Purpose	Amount
PROVINCETOWN CENTER FOR COASTAL STU PROVINCETOWN, MA	MARINE AND ANIMAL WELFARE	$1,000
PET PARTNERS INC FALL RIVER, MA	REDUCE UNNECESSARY EUTHANASIA	$1,000
MERWIN MEMORIAL FREE CLINIC ALLSTON, MA	VETERINARY CARE	$500
WILD CARE CAPE COD EASTHAM, MA	ANIMAL RESCUE & REHABILITATION	$500
HORSE PLAY SAUNDERSTOWN, RI	ABANDONED HORSE RESCUE	$500
WESTPLACE ANIMAL SANCTUARY TIVERTON, RI	ANIMAL WELFARE	$500
HOTEL FOR HOMELESS DOGS CUMBERLAND, RI	ANIMAL RESCUE & REHABILITATION	$1,000
CAVALIER RESCUE TUCSON, AZ	ANIMAL RESCUE & REHABILITATION	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BRIAN LARKIN	EXECUTIVE DI	—	$14,100

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Grace W Allsop Foundation?

The Grace W Allsop Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PROVIDENCE, RI. It holds $195K in total assets as of 2024.

How large is The Grace W Allsop Foundation?

As of 2024, The Grace W Allsop Foundation holds $195K in total assets with $21K in annual revenue. It awarded 8 grants totaling $6K in 2024.

Where does The Grace W Allsop Foundation operate?

The Grace W Allsop Foundation has awarded grants in Arizona, Massachusetts, Rhode Island.

What size grants does The Grace W Allsop Foundation award?

In 2024, The Grace W Allsop Foundation awarded 8 grants totaling $6K — an average of about $687.5 per grant, based on its IRS Form 990 filings.

How much is The Grace W Allsop Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Grace W Allsop Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.