Private Foundation

BANKNEWPORT CHARITABLE FOUNDATION INC

BANKNEWPORT CHARITABLE FOUNDATION INC, of NEWPORT, RI, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $991K in revenue, $705K in expenses, $13.5M in total assets. IRS filings disclose 114 grants awarded by this foundation, totaling roughly $1.2M.

EIN: 882461260 NEWPORT, RI Corporate Foundations NTEE: T21 Latest filing: 2025
Total Revenue$991K
Total Expenses$705K
Total Assets$13.5M
Grants Given114
Grant Total$1.2M
Filing Years2022–2025

Sample Grants Given

RHODE ISLAND COMMUNITY FOOD BANK
PROVIDENCE, RI · 2025
EXEMPT PURPOSE
$25,000
HASBRO CHILDREN'S HOSPITAL
PROVIDENCE, RI · 2025
EXEMPT PURPOSE
$20,000
LOCAL INITIATIVES SUPPORT CORPORATION (LISC)
PROVIDENCE, RI · 2025
EXEMPT PURPOSE
$20,000
POTTER LEAGUE FOR ANIMALS
MIDDLETOWN, RI · 2025
EXEMPT PURPOSE
$20,000
CHILD & FAMILY SERVICES
MIDDLETOWN, RI · 2025
EXEMPT PURPOSE
$15,000

Showing up to 5 of 114 total records — full history available with membership.

Officers & Directors

DIRECTOR Colin P Kane
DIRECTOR David Bazarsky
TREASURER Gregory Derderian
SECRETARY Hollie Lussier
CHAIRPERSON James Wright
PRESIDENT/DIRECTOR John F Murphy

Officer compensation and complete director data available with membership.

Top Grant Purposes

EXEMPT PURPOSE
$661,000 112 grants
Exempt Purpose
$583,500 1 grant
EXEMPT ORGANIZATION
$3,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $991K $705K $13.5M
2024 $366K $603K $12.5M
2023 $331K $52K $12.3M
2022 $12.0M — $12.0M

Between 2022 and 2025, reported annual revenue declined from $12.0M to $991K (-92%), with total assets most recently reported at $13.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MA, RI.

MARI

Full geographic grant map with state-by-state breakdown available with membership.

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