Private foundation (trust)EIN 222773230Est. 1987-02

FM FOUNDATION

JOHNSTON, RI 02919

Total Assets

$16.8M

FY 2024

Annual Giving

$7.9M

FY 2024

Grants Made

25

FY 2024

Avg Grant

$317K

FY 2024

Grant Range

$200–$3.0M

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$1.0M

Total Expenses

$8.2M

Qualifying Distributions

$8.1M

Distributable Amount

$1.0M

Min. Investment Return

$1.0M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

25 grants

Grant sizes from minimum $200 through median $40K to maximum $3.0M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $7.9M in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

496 grants

United Way of Rhode Island
$10.4M
4 grants
American Online Giving Foundation
$9.3M
4 grants
International Scholarship & Tuition Services
$1.3M
3 grants
United Way of King County
$1.2M
4 grants
National Medal of Honor Museum Foundation
$1M
1 grant
Spencer Educational Foundation
$860K
4 grants
United Kingdom Online Giving Foundation
$597K
3 grants
United Kingdom Online Giving
$584K
1 grant

Grant Size Distribution

496 grants

<$10K
445
grants
$10–50K
12
grants
$50–250K
20
grants
$250K–1M
11
grants
$1–5M
8
grants
$5M+

Geographic Focus

47 states

Rhode Island
$11.4M
42% of total
Florida
$9.3M
34% of total
Tennessee
$1.6M
6% of total
Texas
$1.3M
5% of total
Washington
$1.2M
4% of total
New York
$986K
4% of total
Massachusetts
$451K
2% of total
Oregon
$160K
1% of total
Illinois
$127K
0% of total
California
$88K
0% of total

+37 more states

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FM FOUNDATION — Grants, Financials & Contact | Grantivo