The Robert F Stoicofirstfed Charitable
The Robert F. Stoico / FIRSTFED Charitable Foundation is a private foundation based in Swansea, Massachusetts. Established in 1997, it supports nonprofit organizations serving southeastern Massachusetts and Rhode Island. The foundation says it has given and pledged more than $35 million since its inception.
The Robert F Stoicofirstfed Charitable at a glance
In short: The Robert F Stoicofirstfed Charitable gave $1.8M across 83 grants in 2026 (avg $22K), mostly in Massachusetts. 52% of 2026 grantees were new. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $1,812,148
- +112.5% vs 2025
- Grants made (2026)
- 83
- +40.7% vs 2025
- Average grant
- $21,833
- +51.1% vs 2025
- Median grant
- $5,000
- Total assets
- $34,529,128
- +6.5% vs 2025
- New grantees (estimate)
- 52% first-time grantees (43 of 83, 2026)
- Primary geography
- Massachusetts (75% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Robert F Stoicofirstfed Charitable
- How to Apply
-
The website directs applicants to complete its online application and upload the required supporting documents. The foundation’s 2025 filing says applications are available upon request or applicants may submit their own grant proposal; it also requires a copy of the IRS determination letter. The filing describes eligible applicants as qualified 501(c)(3) public charities supporting the foundation’s stated mission. The website further specifies geographic and program limitations.
- Review Cycle
- The 2025 filing says applications or grant proposals may be submitted throughout the year.
- Deadline
- The 2025 filing says applications or grant proposals may be submitted throughout the year.
- Contact
Application contact: Paul Raymond
Mailing address: PO Box 438, Swansea, MA 02777
Phone: (508) 235-1368
Website: https://stoicofirstfed.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Robert F Stoicofirstfed Charitable funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2026
The largest 2026 recipient was Boys & Girls Clubs of Metro South ($200K). Together the top 10 received $1.2M.
Grant Size Distribution
263 grants across all recorded years
The most common grant size was under $50K: 234 grants of 263 (89%).
Geographic Focus
Where this funder awards grants
The website identifies its geographic priority as southeastern Massachusetts and parts of Rhode Island, corresponding to areas where FIRSTFED AMERICA BANCORP, INC. had business involvement. Its listed communities are Brockton, Fall River, Somerset, South Dartmouth, Stoughton, Swansea, Taunton, Attleboro, New Bedford, Seekonk, South Easton, Mansfield, and Mattapoisett in Massachusetts, and Cranston, East Greenwich, Middletown, Riverside, Pawtucket, Providence, and Warwick in Rhode Island.
The 2026 filing reports that 75% of grant dollars went to recipients in Massachusetts, 13% to New York, 11% to Rhode Island, 1% to Pennsylvania, and less than 1% to Ohio.
Grant Distribution by State
Share of 2026 grant dollars across all 83 itemized grants.
Cities
Is The Robert F Stoicofirstfed Charitable open to new grantees?
52%
first-time grantees, 2026
In 2026, 43 of 83 grantees (52%) were first-time recipients. First grants averaged $17K; repeat grants $27K. How we count
Medians: $5K first-time, $5K repeat.
- 35% of 2026 grantees were also funded in 2025. Method
- Giving grew 163% from 2023 to 2026. Method
- In 2026 it paid out 138% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2026). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2026, annual grant giving ranged from $591K (2021) to $1.8M (2026). In 2026 it made 83 grants totaling $1.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boys & Girls Clubs of Metro South Taunton, MA | Exempt Purpose | $200,000 |
| Nativity Prep School Rochester, NY | Exempt Purpose | $200,000 |
| People Incorporated Fall River, MA | Exempt Purpose | $200,000 |
| Attleboro Enterprises Incorporated North Attleboro, MA | Exempt Purpose | $125,000 |
| Veterans' Association of Bristol County Fall River, MA | Exempt Purpose | $125,000 |
| YMCA Southcoast New Bedford, MA | Exempt Purpose | $107,000 |
| Youth in Action Providence, RI | Exempt Purpose | $75,000 |
| Boys & Girls Club of Greater New Bedford Inc New Bedford, MA | Exempt Purpose | $50,000 |
| Boys and Girls Club of Fall River Thomas Chew Memorial Fall River, MA | Exempt Purpose | $50,000 |
| Bristol County Chamber Foundation Inc Fall River, MA | Exempt Purpose | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $34,529,128 | $5,145,417 | $2,307,742 | $1,812,148 | 83 | $2,096,751 | $8,122,929 | $1,522,348 |
| 2025 | $32,408,974 | $7,442,856 | $1,235,566 | $852,700 | 59 | $1,146,919 | $2,558,900 | $1,372,636 |
| 2024 | $26,899,154 | $824,452 | $1,332,921 | $910,762 | 41 | $1,173,757 | $757,916 | $1,168,947 |
| 2023 | $23,218,568 | $1,162,614 | $1,040,398 | $688,000 | 42 | $960,249 | $1,039,039 | $1,198,644 |
| 2022 | $27,679,261 | $1,850,045 | $1,161,515 | $842,010 | 38 | $1,084,525 | $1,792,093 | $1,340,741 |
| 2021 | $27,127,808 | $7,274,311 | $1,035,760 | $591,000 | 38 | — | $8,289,384 | $854,658 |
| 2020 | $14,621,464 | $1,137,141 | $1,544,732 | $1,231,610 | 49 | — | $929,318 | $1,063,903 |
Under IRS private-foundation payout rules, The Robert F Stoicofirstfed Charitable reported a distributable amount of $1.5M for 2026 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s 2025 filing describes its grantmaking purpose as supporting expanded home ownership and quality of life in its service communities. Its website lists education, particularly early childhood education; basic needs; food security; mental health; job development and internships; and arts education and public access as funding priorities. It especially identifies low-income, immigrant, and student communities.
The foundation’s 2026 grants include organizations whose own stated missions address a range of community needs. For example, People Incorporated says it provides services for children and adults of all abilities; Attleboro Enterprises says it supports adults with developmental challenges; and Brockton Area Multi-Services says it provides support and diverse services to individuals and families. Other 2026 recipients include Youth in Action, whose stated work includes education and community outreach, and Immigrants’ Assistance Center, which says it assists immigrants, particularly in southeastern Massachusetts.
The website says the foundation does not fund political or fraternal organizations, individuals, or organizations that are not IRS-classified 501(c)(3) organizations. It generally does not support sports programs, including golf tournaments, or organizations outside its geographic priority area.
Grantmaking
In filing year 2026, the foundation reported 83 grants totaling $1,812,148. Grant amounts ranged from $1,000 to $200,000, with a median grant of $5,000. Among the largest awards were $200,000 each to Boys & Girls Clubs of Metro South, Nativity Prep School, and People Incorporated; $125,000 each to Attleboro Enterprises and Veterans’ Association of Bristol County; and $107,000 to YMCA Southcoast.
The foundation’s website also describes selected gifts, including a $75,000 gift to Youth in Action for a capital campaign and a $500,000 capital campaign pledge to Nativity Preparatory School. These are website-highlighted gifts and are distinct from the 2026 filing figures.
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation’s 2026 filing lists Dr. Paul Raymond as president, treasurer, chairman, and director. It also lists Gilbert Oliveira, John Varao, Katherine Lacoste Surprenant, Richard W. Cederberg, and Edward G. Avila as directors; John Varao as treasurer and director; and Stacie C. Hess as corporate secretary and executive director. The filing notes Cecilia R. Viveiros’s corporate secretary/executive director role ended March 25.
The foundation’s website identifies Dr. Raymond as president and says he has served on its board since its inception in 1997. The website reports that founder and chairman Robert F. Stoico died on January 15, 2025, and that the board appointed Dr. Raymond interim president of the board.
The Robert F Stoicofirstfed Charitable is led by Paul Raymond, President, Treasurer, Chairman & Director since 2025 (on filings since 2020); 2 of 7 officers listed in 2026 are compensated.
Officers on the 2026 filing
Paul Raymond
President, Treasurer, Chairman & Director
Director → President, Treasurer, Chairman & Director, 2025
On filings since 2020
35 hrs/week
$40K (2026)
Stacie C. Hess
Corp Secretary & Executive Director
On filings since 2025
35 hrs/week
$7K (2025) → $79K (2026)
John Varao
Treasurer & Director
Director → Treasurer & Director, 2026
On filings since 2020
1 hr/week
No compensation reported
Richard W. Cederberg
Director
On filings since 2020
1 hr/week
No compensation reported
Gilbert Oliveira
Director
On filings since 2025
1 hr/week
No compensation reported
Katherine Lacoste Surprenant
Director
On filings since 2025
1 hr/week
No compensation reported
Edward G. Avila
Director
New on the 2026 filing
1 hr/week
No compensation reported
Former officers (3)
- Former: Cecilia R. Viveiros (2020–2026) — Corp Secretary & Executive Director · Filing note: Ended 3/2025
- Former: Anthony Sylvia (2020–2025) — Director
- Former: Robert F. Stoico (2020–2025) — President, Treasurer & Chairman
Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $79K, to Stacie C Hess (Corp Secretary/Exec Director). 3 officers or directors reported compensation on that filing.
Frequently asked questions about The Robert F Stoicofirstfed Charitable
How much does The Robert F Stoicofirstfed Charitable give each year?
The Robert F Stoicofirstfed Charitable gave $1.8M across 83 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $853K across 59 grants.
What is The Robert F Stoicofirstfed Charitable's typical grant size?
The Robert F Stoicofirstfed Charitable's median grant in 2026 was $5,000, and its average grant was $21,833, across 83 grants on its 2026 IRS Form 990-PF. Organizations receiving their first grant from The Robert F Stoicofirstfed Charitable that year got $17K on average.
Where does The Robert F Stoicofirstfed Charitable give grants?
The Robert F Stoicofirstfed Charitable gives mostly in Massachusetts: 75% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest states were New York (13%) and Rhode Island (11%). The most frequent recipient cities were Fall River, MA (17 grants), Providence, RI (14 grants), New Bedford, MA (13 grants) and Attleboro, MA (7 grants).
Who are The Robert F Stoicofirstfed Charitable's largest grantees?
The Robert F Stoicofirstfed Charitable's largest 2026 grantees include Boys & Girls Clubs of Metro South ($200,000), Nativity Prep School ($200,000) and People Incorporated ($200,000), according to its 2026 IRS Form 990-PF. Together they received 33% of its itemized 2026 grant dollars.
How large is The Robert F Stoicofirstfed Charitable?
The Robert F Stoicofirstfed Charitable reported $34.5M in total assets on its 2026 IRS Form 990-PF. It paid out $2.1M in qualifying distributions that year, against a required minimum of $1.5M (roughly 5% of its investment assets).
What does The Robert F Stoicofirstfed Charitable fund?
The foundation’s 2025 filing describes its grantmaking purpose as supporting expanded home ownership and quality of life in its service communities. See mission & focus areas ↑
How do I apply for a grant from The Robert F Stoicofirstfed Charitable?
The website directs applicants to complete its online application and upload the required supporting documents. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Robert F Stoicofirstfed Charitable's EIN?
The Robert F Stoicofirstfed Charitable's EIN (Employer Identification Number) is 04-3343529. IRS Form 990 filing data is available on this page for 2020–2026.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS August 12, 2026)
- IRS filings on file for fiscal years 2020–2025
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Cite this profile
Grantable. (2026). The Robert F Stoicofirstfed Charitable funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/the-robert-f-stoicofirstfed-charitable-morg_fc75cdb510fd4c98b146b81c30b31963
BibTeX
@misc{grantable_043343529_2026,
author = {{Grantable}},
title = {{The Robert F Stoicofirstfed Charitable funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-robert-f-stoicofirstfed-charitable-morg_fc75cdb510fd4c98b146b81c30b31963},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Robert F Stoicofirstfed Charitable's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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