Newportfed Charitable Foundation

NEWPORT, RI EIN: 20-5140473

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$3.2M

-3.7% YoY

Annual Giving

$181K

-18.8% YoY

Grant Count

41

+0.0% YoY

Avg Grant Size

$4K

-18.8% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$110K$221K$331K$441K20202021202220232024
Metric202420232022
Total Assets$3,236,777$3,360,953$3,325,418
Revenue$126,997$325,020$91,889
Expenses$251,173$289,485$272,131
Qualifying Distributions$213,298$253,060$236,566
Net Investment Income$91,711$288,595$56,338
Distributable Amount$203,709$183,964$196,926

Giving Over Time

Total grant dollars and number of grants per year

$0$81K$162K$243K$323K1 grants20201 grants202137 grants202241 grants202341 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LUCY'S HEARTH$15KJONNYCAKE CENTER OF WEST…$15KBOYS CLUBS GIRLS CLUBS O…$10KTHE JONNYCAKE CENTER INC…$10KST VINCENT DE PAUL - WES…$10KST VINCENT DE PAUL - ST …$10KMARTIN LUTHER KING COMMU…$10KRI PHILHARMONIC ORCHESTR…$5KFRANK OLEAN CENTER$5KNORMAN BIRD SANCTUARY TR…$5K

Grant Size Distribution

121 grants across all recorded years

119<$50K$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Newportfed Charitable Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ARTHUR H LATHROPTreasurer$5KKEVIN M MCCARTHYPresident$2KJUDY TUCKERSecretary$2KALICIA S QUIRKDirector$2KKELLY LEEDirector$2KMARK STENNINGDirector$2KMICHAEL HAYESDirector$2K

From 2024 filing

NameTitleHoursCompensation
KEVIN M MCCARTHYPresident1$2,400
ARTHUR H LATHROPTreasurer2$5,400
JUDY TUCKERSecretary1$2,400
ALICIA S QUIRKDirector1$2,400
KELLY LEEDirector1$2,400
MARK STENNINGDirector1$2,400
MICHAEL HAYESDirector1$2,400

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

3states

Cities

CharlestownEast GreenwichEast ProvidenceExeterHagerstownJamestownMiddletownNarragansettNewortNewportPeace DalePortsmouthProvidenceRhode IslandTivertonTopekaWarwickWesterly

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

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