Funder DirectoryTHE PAPITTO FOUNDATION
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Private foundation (trust)EIN 050426569Est. 1988-04

THE PAPITTO FOUNDATION

HOPE, RI 02831

Total Assets

$12.6M

FY 2024

Annual Giving

$1.8M

FY 2024

Grants Made

19

FY 2024

Avg Grant

$95K

FY 2024

Grant Range

$600–$400K

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$727K

Total Expenses

$2.0M

Qualifying Distributions

$1.9M

Distributable Amount

$622K

Min. Investment Return

$631K

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

19 grants

Grant sizes from minimum $600 through median $25K to maximum $400K, 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

5 years

Giving over time from 2020 to 2024. Peak $2.7M in 2020. Hover bars for details.

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

Top Recipients

102 grants

SAINT MARY ACADEMY BAY VIEW
$2.3M
5 grants
COMMUNITY PREPARATORY SCHOOL
$1.3M
5 grants
TOMAQUAG MUSEUM
$1M
3 grants
READ TO SUCCEED
$950K
4 grants
SOPHIA ACADEMY
$750K
3 grants
BRYANT UNIVERSITY
$700K
2 grants
SAN MIGUEL SCHOOL
$476K
4 grants
ST ANDREWS SCHOOL
$430K
3 grants

Grant Size Distribution

102 grants

<$10K
39
grants
$10–50K
28
grants
$50–250K
26
grants
$250K–1M
8
grants
$1–5M
1
grants
$5M+

Geographic Focus

5 states

Rhode Island
$9.5M
98% of total
Florida
$125K
1% of total
Massachusetts
$60K
1% of total
New York
$5K
0% of total
Illinois
$1K
0% of total

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THE PAPITTO FOUNDATION — Grants, Financials & Contact | Grantivo