The foundation was organized to support lmw healthcare inc. And to promote the charitable, educational and scientific purposes of the hospital through management of philanthropic activities and support for lmw healthcare inc.
Key facts about The Westerly Hospital Foundation Inc
- EIN
- 05-0508064
- Latest 990 filing
- Form 990, 2025
- Total assets
- $13,987,491
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$14.0M
+21.4% YoY
Revenue
$2.0M
+11.5% YoY
Net Investment Income
$632K
+42.7% YoY
Expenses
$429K
+12.8% YoY
About The Westerly Hospital Foundation Inc
Based on IRS filings
The Westerly Hospital Foundation Inc is a public charity focused on Health, based in Westerly, RI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $14.0M in total assets. Net investment income was $632K.
Focus Areas
Ready to take the next step with The Westerly Hospital Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2021, annual grant giving ranged from $75K (2021) to $3.9M (2019). In 2021 it made 1 grant totaling $75K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $50–100K range: 1 grant of 1 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $13,987,491 | $11,522,125 | $9,074,079 |
| Revenue | $2,031,669 | $1,821,918 | $1,009,744 |
| Expenses | $428,794 | $380,262 | $319,846 |
| Net Investment Income | $632,483 | $443,196 | $337,673 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS August 13, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 12, 2022)
- Added Form 990 for fiscal year 2019 (received by the IRS August 13, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS August 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Westerly Hospital Foundation Inc is led by Richard Lisitano, President & CEO on every filing since 2023; none of the 18 officers listed in 2025 report compensation.
Officers on the 2025 filing
Richard Lisitano
President & CEO
On filings since 2023
1 hr/week
No compensation reported
John Holstein
Trustee & Chairman
Director → Trustee, 2023
Trustee → Trustee & Chairman, 2024
On filings since 2019
1 hr/week
No compensation reported
Joseph Miceli
Trustee
Director → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Lorraine Randall
Trustee
Director → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Diane Consoli
Trustee
Director → Trustee, 2023
On filings since 2021
1 hr/week
No compensation reported
Margaret Roberts
Trustee
Director → Trustee, 2023
On filings since 2021
1 hr/week
No compensation reported
Dan Lathrop
Trustee
On filings since 2024
1 hr/week
No compensation reported
James Furnivall
Trustee
On filings since 2024
1 hr/week
No compensation reported
Linda Casertano
Trustee
On filings since 2024
1 hr/week
No compensation reported
Meredith George
Trustee
On filings since 2024
1 hr/week
No compensation reported
Perry Lorenz
Trustee
On filings since 2024
1 hr/week
No compensation reported
Peter Helie
Trustee
On filings since 2024
1 hr/week
No compensation reported
Tom Kellogg
Trustee
On filings since 2024
1 hr/week
No compensation reported
Patrick L. Green
Former Officer
President & CEO → Former Officer, 2024
On filings since 2019
No compensation reported
Stephen Allegretto
Former Officer
Treasurer → Former Officer, 2022
On filings since 2019
No compensation reported
Vincent Tammaro
Former Officer
Treasurer → Former Officer, 2023
On filings since 2022
No compensation reported
Noel Appel
Vice President
On filings since 2024
1 hr/week
No compensation reported
Brett Perrone
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (25)
- Former: Caroline Maynard (2019–2024) — Trustee
- Former: Susette Tibus (2019–2024) — Trustee
- Former: F. Gregory Ahern (2020–2024) — Trustee & Chairman
- Former: Martha Hosp (2020–2024) — Trustee & Secretary
- Former: Walter Tomenson (2021–2024) — Trustee
- Former: Joshua Morris (2022–2024) — Treasurer
- Former: Christine Meola (2023–2024) — Former Officer
- Former: Ann M. Lain (2019–2023) — Trustee
- Former: Marianne Nardone (2019–2023) — Trustee
- Former: Peter Humphrey (2019–2023) — Trustee
- Former: Richard Holliday (2019–2023) — Trustee
- Former: William H. Heep (2019–2023) — Trustee
- Former: Grant Simmons (2020–2023) — Trustee & Chairman
- Former: Allen Leadbetter (2021–2023) — Trustee
- Former: Leslie Lambrecht (2019–2022) — Director & Secretary
- Former: Linda Brenner (2019–2022) — Director
- Former: Peter Wallace (2019–2022) — Director
- Former: Elizabeth Darling (2019–2021) — Director
- Former: Charles Glew (2021) — Director
- Former: Leonard C. Edwards (2019–2020) — Director
- Former: Deborah Lamm (2019) — Director
- Former: Gregory F. Ahern (2019) — Director & Chairman
- Former: Jef McGill (2019) — Director
- Former: Patricia Panciera (2019) — Director
- Former: Seth Van Essendelft (2019) — Former Officer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Westerly Hospital Foundation Inc
How large is The Westerly Hospital Foundation Inc?
The Westerly Hospital Foundation Inc reported $14.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.0M.
What is The Westerly Hospital Foundation Inc?
The Westerly Hospital Foundation Inc is a public charity focused on Health, based in Westerly, RI. It holds $14.0M in total assets as of 2025.
Where does The Westerly Hospital Foundation Inc operate?
The Westerly Hospital Foundation Inc has awarded grants in Connecticut.
What is The Westerly Hospital Foundation Inc's EIN?
The Westerly Hospital Foundation Inc's EIN (Employer Identification Number) is 05-0508064. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching The Westerly Hospital Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in The Westerly Hospital Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Rhode Island
Charles a Morgan Uw FBO Westerly Hospital
Dallas, TX
Assets
$4.5M
Grants
1
Total Given
$202K
The Rhode Island Community Foundation
Providence, RI
The Rhode Island Community Foundation funds nonprofits and community efforts in areas including education, arts and culture, housing, health, climate action, and economic mobility. Its 2024 grants had a median of about $23,940, with giving concentrated in Rhode Island; the profile does not state whether it accepts unsolicited requests.
Assets
$1.3B
Grants
977
Total Given
$72.0M
Hospital Association of Rhode Island
Providence, RI
To be a proactive advocate for the hospitals in Rhode Island that is capable of working for and with the hospitals to positively influence public opinion, legislative outcomes and regulatory policy. The purpose of such advocacy is to facilitate the hospitals' mission of providing quality health care to people.
Assets
$1.5M
Grants
0
Total Given
$9K
CVS Foundation
Woonsocket, RI
CVS Foundation funds health care access and outcomes, preventive and community health, health-related needs such as food and housing, education and workforce development, and disaster response across the United States. In 2024, it made 778 grants totaling about $21.4 million; awards ranged from $250 to $2.46 million, with a median of $1,500. It does not accept unsolicited requests; support is by invitation or RFP only, and no RFPs are currently open.
Assets
$194.3M
Grants
778
Total Given
$21.4M
United Way of Rhode Island Inc
Providence, RI
United Way of Rhode Island funds Rhode Island nonprofits working on economic security, children’s learning, housing, food access, safety, and related community needs. In 2025, grants ranged from $5,008 to $547,033, with a median of $15,000; its emergency grants offer up to $50,000, with average awards of $25,000–$30,000. It accepts applications for emergency grants on a rolling basis.
Assets
$30.1M
Grants
282
Total Given
$8.0M
Ralph R Papitto & Barbara a Papitto
Providence, RI
Papitto Opportunity Connection funds Rhode Island 501(c)(3) organizations working in education, job skills training, housing, healthcare, and entrepreneurship, with a focus on communities most in need. It gives about $6 million annually; small grants are generally $5,000–$20,000, though awards vary widely. It accepts unsolicited applications during set periods, but its application page says proposals are not currently being accepted.
Assets
$6.8M
Grants
270
Total Given
$24.3M
Brown University
Providence, RI
Brown University’s reported grants support education, student aid, and research, with listed awards primarily identified as subcontracts. In 2025, grants ranged from $5,325 to $3.36 million, with a median of about $98,700; recipients were concentrated in Rhode Island, Massachusetts, California, New York, and Washington, DC. The profile does not state that Brown accepts unsolicited requests; its website describes proposal support for Brown researchers.
Assets
$11.3B
Grants
235
Total Given
$47.0M
The Beacon Foundation
Warwick, RI
The Beacon Foundation funds U.S. nonprofits and municipalities working in health, wellness, education, disability services, and other charitable or civic areas, with priority for Rhode Island and nearby communities. Its 2025 grants ranged from $20 to $20,100, with a median of $1,000. It accepts unsolicited requests.
Assets
$4.5M
Grants
151
Total Given
$205K
Feinstein Family Fund
Cranston, RI
The Feinstein Family Fund supports programs that encourage kindness and service among young people, including school grants, food pantries, and caring closets. Its reported 2025 grant was $125,300, while its Golden Ticket program offers participating schools $2,000 grants; its work reaches Rhode Island, Southeastern Massachusetts, and globally. It gives only to preselected charitable organizations and does not accept unsolicited funding requests.
Assets
$3.2M
Grants
1
Total Given
$125K
Washington Trust Co Charitable Fdn
Westerly, RI
The foundation supports affordable housing and community revitalization, economic development, youth and family services, health, arts and culture, education, and conservation in Rhode Island, Massachusetts, and southeastern Connecticut. Its 2025 grants ranged from $250 to $61,000, with a median of $2,500. It accepts requests by letter, with proposals due October 1 each year.
Assets
$1.1M
Grants
138
Total Given
$832K
Centreville Savings Bank Charitable Foundation
West Warwick, RI
The foundation supports education, economic security, and capacity building, primarily for communities in Rhode Island and eastern Connecticut. Its 2025 grants ranged from $895 to $150,000, with a median grant of $5,000. It does not limit giving to preselected organizations; no application form or deadline is specified.
Assets
$27.3M
Grants
138
Total Given
$1.6M
Collette Foundation
Pawtucket, RI
Assets
$3.1M
Grants
107
Total Given
$285K
More Funders in Rhode Island
The Westerly Hospital Foundation Inc down — hundreds of funders to go?