Trustees of Long Wharf & Public Schools

NEWPORT, RI EIN: 05-6016284

Trustees of Long Wharf & Public Schools is a private foundation, based in NEWPORT, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $593K in total assets. In 2024, it awarded 7 grants totaling $64K. Net investment income was $114K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$593K

+9.1% YoY

Annual Giving

$64K

+74.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$9K

+74.0% YoY

Under IRS private-foundation payout rules, Trustees of Long Wharf & Public Schools reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.

About Trustees of Long Wharf & Public Schools

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Rhode Island $265K (100%)

States

Rhode Island

Cities

MiddletownNewport

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$593,022	$543,677	$424,877
Revenue	$125,771	$164,010	$889
Expenses	$76,426	$45,210	$68,846
Qualifying Distributions	$63,500	$36,500	$56,500
Net Investment Income	$114,020	$155,300	$5,113
Distributable Amount	$47,539	$42,581	$45,033

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

32 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Rogers High School ($40,000), Newport Boys and Girls Club ($5,000), Newport Art Museum ($4,000).

Recipient	Purpose	Amount
NEWPORT ART MUSEUM NEWPORT, RI	CHILDREN PROGRAMS	$4,000
NEWPORT BOYS AND GIRLS CLUB NEWPORT, RI	SUMMER CAMPERSHIPS	$5,000
NEWPORT COUNTY YMCA NEWPORT, RI	CAMPERSHIPS	$3,000
NEWPORT PUBLIC LIBRARY NEWPORT, RI	OPERATIONS	$3,500
ROGERS HIGH SCHOOL NEWPORT, RI	COLLEGE SCHOLARSHIPS	$40,000
SALVE REGINA UNIVERSITY NEWPORT, RI	TUTORING PROGRAM	$4,000
STAR KIDS SCHOLARSHIP PROGRAM MIDDLETOWN, RI	EDUCATIONAL SCHOLARSHIP	$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
GREGORY FATER	BOARD MEMBER	0.2	—
DAVID GOODBURN	BOARD MEMBER	0.2	—
MIGUEL LOPES	BOARD MEMBER	0.2	—
GUY WESTON	BOARD MEMBER	0.2	—
ALAN BARDSLEY	BOARD MEMBER	0.2	—
HARRY MROZOWSKI	PRESIDENT	0.2	—
JOSEPH OLAYNACK III	BOARD MEMBER	0.2	—
MATTHEW LEYS	BOARD MEMBER	0.2	—
PETER J ALOFSIN	BOARD MEMBER	0.2	—
SHIRLEY RIPA	BOARD MEMBER	0.2	—
PETER DUGAN JR	BOARD MEMBER	0.2	—
ROBERT MEIKLE	SECRETARY	0.2	—
RICK FULLERTON	BOARD MEMBER	0.2	—
PATRICK O'CONNELL	BOARD MEMBER	0.2	—
ROBIN SKUNCIK JONES	TREASURER	0.2	—
LISA CANOLE	BOARD MEMBER	0.2	—

Frequently Asked Questions

How large is Trustees of Long Wharf & Public Schools?

As of 2024, Trustees of Long Wharf & Public Schools holds $593K in total assets with $126K in annual revenue. It awarded 7 grants totaling $64K in 2024.

Where does Trustees of Long Wharf & Public Schools operate?

Trustees of Long Wharf & Public Schools has awarded grants in Rhode Island.

What size grants does Trustees of Long Wharf & Public Schools award?

In 2024, Trustees of Long Wharf & Public Schools awarded 7 grants totaling $64K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Trustees of Long Wharf & Public Schools required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Trustees of Long Wharf & Public Schools reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Trustees of Long Wharf & Public Schools's EIN?

Trustees of Long Wharf & Public Schools's EIN (Employer Identification Number) is 05-6016284. IRS Form 990 filing data is available on this page for 2020–2024.