Newport Hospital Foundation

NEWPORT, RI EIN: 22-2535533 Website

NHF supports, encourages and coordinates the development of comprehensive, integrated health care-related services for the advancement and well-being of the community, in furtherance of the purposes of Newport Hospital (see Schedule O)

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$133.1M

+13.8% YoY

Annual Giving

$6.6M

-7.2% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$3.3M

-7.2% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$9M$14M$19M20202021202220232024
Metric202420232022
Total Assets$133,079,352$116,918,552$110,508,543
Revenue$17,246,563$8,141,137$553,718
Expenses$8,196,819$8,649,388$9,869,829
Qualifying Distributions
Net Investment Income$11,628,512$3,905,125$-2,517,410
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$7M$11M$14M3 grants20203 grants20213 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

NHCC Medical Associates …$6.3MNewport Hospital$356K

Grant Size Distribution

13 grants across all recorded years

3<$50K$50–100K$100–250K1$250–500K$500K–1M5$1–5M4$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Newport Hospital Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Peter K MarkellEVP & CFO0.1
Crista F DurandPresident- 9/2410
Jeffrey T Gaines MDTrustee2
Orla M Brandos DNPMBAMSNTrustee- 9/241
Arthur J SampsonTrustee2
Gail AlofsinTrustee1
M Therese Antone SrTrustee- 12/23
Holly Bannister MDTrustee- 12/23
Carol R BazarskyChairperson2
John BrooksTrustee0.5
Peter CapodilupoTrustee-12/231
Edward D FeldsteinTrustee0.2
Rita B GewirzTrustee0.5
Susan HillTrustee
Anne F HamiltonTrustee1
Victoria JohnsonSecretary1
Patricia N KidderTrustee1
Elizabeth W LeathermanTrustee0.25
Paul A LeysTrustee1
Thomas E McGue MDTrustee1
Ann MencoffTrustee1
Jonathan H PardeeTrustee3
James A PurvianceTrustee- 12/23
Isabella G RidallTrustee2
Sarah Schochet-HenkenTrustee0.5
Nancy D Schreiber MDTrustee
Barbara van BeurenVice Chair0.5
Sharon Wood PrinceTrustee

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Newport

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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