Public Charity

PAWTUCKET FOUNDATION

PAWTUCKET FOUNDATION is a Public Charity headquartered in PAWTUCKET, RI. Financial data from the 2025 filing: $192K revenue, $204K expenses, $302K total assets. 7 publicly reported grants to this organization, totaling roughly $227K, appear in IRS filings.

EIN: 050511879 PAWTUCKET, RI Latest filing: 2025
Total Revenue$192K
Total Expenses$204K
Total Assets$302K
Grant Records7
Funding Total$227K
Filing Years2021–2025

Mission

THE FOUNDATION WAS CREATED FOR THE SPECIFIC PURPOSE OF IMPROVING THE LIVES OF THE RESIDENTS OF PAWTUCKET, RI. MANY PROGRAMS AND PROJECTS WILL ALSO BY EXTENSION BENEFITING RESIDENTS OF THE NEIGHBORING CITY OF CENTRAL FALLS, RI. THE FOUNDATION WILL CREATE, DEVELOP AND IMPLEMENT PROGRAMS AND RESOURCES DESIGNED TO MOBILIZE THE PRIVATE SECTOR IN ECONOMIC DEVELOPMENT.

Officers & Directors

BOARD MEMBER Alison Bologna
TREASURER Brian Azar
BOARD MEMBER Brian Kortz
CO-CHAIRMAN Daniel J Sullivan Jr
BOARD MEMBER Edward Massoud
BOARD MEMBER Erica Schectner

Officer compensation and complete director data available with membership.

Top Grant Purposes

PROGRAM/PROJECT EXPENSE
$200,000 3 grants
CHARITABLE CONTRIBUTIONS
$17,000 2 grants
STRATEGIC ORGANIZATIONAL PLANNING
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $192K $204K $302K
2024 $245K $238K $307K
2023 $518K $535K $291K
2022 $435K $452K $381K
2021 $601K $380K $431K

Between 2021 and 2025, reported annual revenue declined from $601K to $192K (-68%), with total assets most recently reported at $302K.

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

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