The Mount Pleasant Foundation is a private foundation focused on Arts, Culture & Humanities, based in NEWPORT, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $50K in total assets. In 2024, it made $318K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$50K
+23.9% YoY
Revenue
$337K
+22.2% YoY
Qualifying Distributions
$318K
+18.8% YoY
Expenses
$329K
+18.5% YoY
About The Mount Pleasant Foundation
Based on IRS filings
The Mount Pleasant Foundation is a private foundation focused on Arts, Culture & Humanities, based in NEWPORT, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $50K in total assets. In 2024, it made $318K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $50,383 | $40,667 | $49,381 |
| Revenue | $336,505 | $275,311 | $269,724 |
| Expenses | $329,055 | $277,721 | $274,779 |
| Qualifying Distributions | $317,915 | $267,607 | $264,665 |
| Net Investment Income | — | — | — |
| Distributable Amount | $2,552 | $2,018 | $2,432 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NICHOLAS S SCHORSCH | SECRETARY/TREASURER | 1 | — |
| SHELLEY D SCHORSCH | PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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