The R D La Penta Medical Scholarship Trust
The R D La Penta Medical Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JOHNSTON, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.4M in total assets. In 2024, it awarded 1 grants totaling $424K. Net investment income was $548K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.4M
+0.9% YoY
Annual Giving
$424K
+8.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$424K
+8.7% YoY
About The R D La Penta Medical Scholarship Trust
Based on IRS filings
The R D La Penta Medical Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JOHNSTON, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.4M in total assets. In 2024, it awarded 1 grants totaling $424K. Net investment income was $548K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,356,116 | $7,293,494 | $7,115,353 |
| Revenue | $603,217 | $672,936 | $865,575 |
| Expenses | $543,802 | $510,883 | $630,867 |
| Qualifying Distributions | $484,697 | $446,387 | $559,981 |
| Net Investment Income | $547,991 | $626,469 | $817,176 |
| Distributable Amount | $428,542 | $392,277 | $400,822 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 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 |
|---|---|---|---|
| CITIZENS BANK N A | TRUSTEE | 5 | $47,067 |
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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