Woonsocket Rotary Charities

WOONSOCKET, RI EIN: 22-3115037

Woonsocket Rotary Charities is a private foundation, based in WOONSOCKET, RI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $218K in total assets. In 2024, it awarded 8 grants totaling $15K. Net investment income was $7K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$218K

+2.3% YoY

Annual Giving

$15K

-11.1% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$2K

-33.3% YoY

Under IRS private-foundation payout rules, Woonsocket Rotary Charities reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.

About Woonsocket Rotary Charities

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Rhode Island $67K (100%)

States

Rhode Island

Cities

Woonsocket

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$218,099	$213,112	$235,703
Revenue	$21,712	$6,034	$20,868
Expenses	$16,725	$17,735	$21,665
Qualifying Distributions	$14,500	$16,313	$19,257
Net Investment Income	$7,478	$8,254	$3,853
Distributable Amount	$11,656	$11,512	$12,545

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

41 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Woonsocket Rotary Club ($4,000), Matt Cusson ($2,000), Helen Chen ($2,000).

Recipient	Purpose	Amount
COMMON MAN FOR UKRAINE WOONSOCKET, RI	GRANT	$500
WOONSOCKET ROTARY CLUB WOONSOCKET, RI	GRANT	$4,000
MATT CUSSON WOONSOCKET, RI	SCHOLARSHIP	$2,000
HELEN CHEN WOONSOCKET, RI	SCHOLARSHIP	$2,000
ISAIAH WILLIAM FIGUEROA WOONSOCKET, RI	SCHOLARSHIP	$2,000
ALESSANDRA CARCIFERO WOONSOCKET, RI	SCHOLARSHIP	$2,000
JENNA FORREST WOONSOCKET, RI	SCHOLARSHIP	$1,000
KRISTYN SMITH WOONSOCKET, RI	SCHOLARSHIP	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MICHAEL DUBOIS	PRESIDENT	—	—
DAVID LAHOUSSE	VICE PRESIDE	—	—
ARAM JARRET	SECRETARY	—	—
LISA CARCIFERO	TREASURER	—	—
KATHLEEN SHATRAW	TRUSTEE	—	—

Frequently Asked Questions

How large is Woonsocket Rotary Charities?

As of 2024, Woonsocket Rotary Charities holds $218K in total assets with $22K in annual revenue. It awarded 8 grants totaling $15K in 2024.

Where does Woonsocket Rotary Charities operate?

Woonsocket Rotary Charities has awarded grants in Rhode Island.

What size grants does Woonsocket Rotary Charities award?

In 2024, Woonsocket Rotary Charities awarded 8 grants totaling $15K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Woonsocket Rotary Charities required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Woonsocket Rotary Charities reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.