Public Charity

THE PROVIDENCE FOUNDATION

Based in PROVIDENCE, RI, THE PROVIDENCE FOUNDATION operates as a Public Charity. The organization reported $528K in revenue, $729K in expenses, $242K in total assets for fiscal year 2024. Imperigo tracks 14 reported grant relationships connected to this organization totaling approximately $1.0M.

EIN: 237423032 PROVIDENCE, RI Latest filing: 2024
Total Revenue$528K
Total Expenses$729K
Total Assets$242K
Grant Records14
Funding Total$1.0M
Filing Years2020–2024

Mission

THE FOUNDATION ORIGINATES AND ADVOCATES POLICIES AND PROJECTS FOR THE DEVELOPMENT OF DOWNTOWN AND THE CITY OF PROVIDENCE. IT PLAYS A LEADERSHIP ROLE IN PLANNING FOR DOWNTOWN. ITS PRIMARY FOCUS IS TO CREATE AN ENVIRONMENT THAT IS CONDUCIVE TO ECONOMIC DEVELOPMENT AND SUSTAINED INVESTMENT IN DOWNTOWN AND THE CREATION OF A VIBRANT NEIGHBORHOOD. THE FOUNDATION IDENTIFIES AND ACTS UPON OPPORTUNITIES AND TARGES PROJECTS AND POLICIES THAT HAVE A CATALYTIC EFECT; AND COORDINATES PROJECTS AND GROUPS INVOLVED IN THE DOWNTOWN. THE FOUNDATION BRINGS PRIVATE SECTOR EXPERTISE TO THE DEVELOPMENT OF POLICIES, PLANS AND PROJECTS. THE FOUNDATION, WORKING WITH THE CITY, IS A GENERATOR AND KEEPER OF THE VISION FOR DOWNTOWN.

Sample Grants Received

$66,350
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
2023
For grant recipient's exempt purposes
$7,903
THE RHODE ISLAND COMMUNITY FOUNDATION
2022
PROVIDENCE DOWNTOWN IMPROVEMENT DISTRICT HOMELESS OUTREACH
$208,099
THE RHODE ISLAND COMMUNITY FOUNDATION
2022
SMILEY TRANSITION - SEARCH SUPPORT AND COMMUNITY ENGAGEMENT
$66,000
THE RHODE ISLAND COMMUNITY FOUNDATION
2022
DOWNTOWN PROVIDENCE PARKS NETWORK
$60,000

Showing up to 5 of 14 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Arnold Chase
VICE CHAIR Bethany Costello
BOARD MEMBER Brad Dimeo
BOARD MEMBER Carrie Zaslow
BOARD MEMBER Charles Meyers
CHAIR Christopher Marsella

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$414,904 5 grants
PROVIDENCE DOWNTOWN IMPROVEMENT DISTRICT HOMELESS OUTREACH
$208,099 1 grant
COMMUNITY DEVELOPMENT
$100,000 1 grant
HEALTHY LIVES
$66,350 1 grant
SMILEY TRANSITION - SEARCH SUPPORT AND COMMUNITY ENGAGEMENT
$66,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $528K $729K $242K
2023 $824K $1.0M $456K
2022 $1.0M $1.0M $626K
2021 $715K $751K $636K
2020 $559K $636K $681K

Between 2020 and 2024, reported annual revenue declined from $559K to $528K (-6%), with total assets most recently reported at $242K.

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

See the full picture for THE PROVIDENCE FOUNDATION

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