The Philmoney Trust
The Philmoney Trust is a private foundation based in Providence, Rhode Island. Its 2025 grants supported organizations working in areas including housing and social services, historic preservation, conservation, youth development, education, recreation, and documentary arts.
Key facts about The Philmoney Trust
In short: The Philmoney Trust gave $574K across 25 grants in 2025 (avg $23K), mostly in Rhode Island. Source: 2025 IRS Form 990-PF.
- EIN
- 85-2964927
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $574,000
- Grants made (2025)
- 25
- Average grant
- $22,960
- Median grant
- $10,000
- Total assets
- $918,687
- Primary geography
- Rhode Island (57% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The Trust makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$919K
-2.4% YoY
Annual Giving
$574K
-7.8% YoY
Grant Count
25
+13.6% YoY
Avg Grant Size
$23K
-18.9% YoY
Under IRS private-foundation payout rules, The Philmoney Trust reported a distributable amount of $48K for 2025 — the minimum it must pay out in qualifying distributions.
How The Philmoney Trust gives
- 48% of 2025 grantees were also funded in 2024. Method
- Giving grew 39% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the Trust is provided. Its 2025 grantees include organizations with varied missions. Crossroads Rhode Island says it helps homeless or at-risk individuals and families secure stable homes through housing, shelter, case management, and other services. Preserve Rhode Island says it works to protect and activate historic places for the benefit of Rhode Islanders, while the Hope Club Preservation Fund says it focuses on preserving and memorializing Rhode Island history and architecture.
Other 2025 recipients describe work in documentary arts and journalism, conservation and recreation, and youth development. For example, the International Documentary Foundation says it connects audiences with documentary work and provides resources and community for documentary artists; the Rhode Island Zoological Society says it serves the community through education, conservation, and recreation; and the Holt-Elwell Memorial Foundation says it operates a boys’ summer camp focused on personal growth, character development, and community building.
Grantmaking
In filing year 2025, the Trust reported 25 grants totaling $574,000. Grant amounts ranged from $2,500 to $69,500, with a median of $10,000. The largest grants included $69,500 to the Mount Vernon Ladies’ Association of the Union, $65,000 to the International Documentary Foundation, $60,000 to Crossroads Rhode Island, $50,000 to the Boys & Girls Club of Providence, and $47,000 to the Society of the Cincinnati Inc. The listed grants were for general support.
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Geographic Focus
Where this funder awards grants
In 2025, 57% of grant dollars went to recipients in Rhode Island. Other recipient-state shares were Virginia (12%), California (11%), Washington, DC (8%), and New Hampshire (7%).
Grant Distribution by State
Share of 2025 grant dollars across all 25 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $25K (2020) to $623K (2024). In 2025 it made 25 grants totaling $574K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Mount Vernon Ladies' Association of the Union ($70K). Together the top 10 received $444K.
Grant Size Distribution
96 grants across all recorded years
The most common grant size was under $50K: 79 grants of 96 (82%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mount Vernon Ladies' Association of the Union Mount Vernon, VA | General Support | $69,500 |
| International Documentary Foundation Los Angeles, CA | General Support | $65,000 |
| Crossroads Rhode Island Providence, RI | General Support | $60,000 |
| Boys & Girls Club of Providence Providence, RI | General Support | $50,000 |
| Society of the Cincinnati Inc Washington, DC | General Support | $47,000 |
| Holt-Elwell Memorial Foundation Hebron, NH | General Support | $40,000 |
| Nature Conservancy Providence, RI | General Support | $40,000 |
| Rhode Island Historical Society Providence, RI | General Support | $27,500 |
| Preserve Rhode Island Providence, RI | General Support | $25,000 |
| 1928 Foundation Providence, RI | General Support | $20,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grant total | Number of grants |
|---|---|---|
| 2025 | $574,000 | 25 |
| 2024 | $622,750 | 22 |
| 2023 | $303,500 | 19 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $918,687 | $941,077 | $748,080 |
| Revenue | $574,887 | $822,269 | $659,221 |
| Expenses | $597,277 | $642,097 | $327,387 |
| Qualifying Distributions | $574,878 | $623,912 | $305,900 |
| Net Investment Income | $552,652 | $785,071 | $600,841 |
| Distributable Amount | $48,017 | $38,169 | $27,210 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 1, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 23, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Frank Mauran IV, Elizabeth Rollins Mauran, and Robert Gaumont as trustees.
The Philmoney Trust's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Elizabeth Rollins Mauran
Trustee
On filings since 2020
No compensation reported
Frank Mauran IV
Trustee
On filings since 2020
No compensation reported
Robert Gaumont
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: Co Coastline Trust Co 90 Elm St, Providence, RI 02903
Phone: (401) 751-2702
Frequently asked questions about The Philmoney Trust
How much does The Philmoney Trust give each year?
The Philmoney Trust gave $574K across 25 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $623K across 22 grants.
What is The Philmoney Trust's typical grant size?
The Philmoney Trust's median grant in 2025 was $10,000, and its average grant was $22,960, across 25 grants on its 2025 IRS Form 990-PF.
Where does The Philmoney Trust give grants?
The Philmoney Trust gives mostly in Rhode Island: 57% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Virginia (12%) and California (11%). The most frequent recipient cities were Providence, RI (12 grants).
Does The Philmoney Trust give general operating support?
Yes: 100% of The Philmoney Trust's 2025 grants with a stated purpose (25 of 25) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Philmoney Trust's largest grantees?
The Philmoney Trust's largest 2025 grantees include Mount Vernon Ladies' Association of the Union ($69,500), International Documentary Foundation ($65,000) and Crossroads Rhode Island ($60,000), according to its 2025 IRS Form 990-PF. Together they received 34% of its itemized 2025 grant dollars.
How large is The Philmoney Trust?
The Philmoney Trust reported $919K in total assets on its 2025 IRS Form 990-PF. It paid out $575K in qualifying distributions that year, against a required minimum of $48K (roughly 5% of its investment assets).
What does The Philmoney Trust fund?
No mission statement for the Trust is provided. Its 2025 grantees include organizations with varied missions. Crossroads Rhode Island says it helps homeless or at-risk individuals and families secure stable homes through housing, shelter, case management, and other services. See mission & focus areas ↑
How do I apply for a grant from The Philmoney Trust?
The Trust makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Philmoney Trust's EIN?
The Philmoney Trust's EIN (Employer Identification Number) is 85-2964927. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Philmoney Trust accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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