Rhode Island · Nonprofit
NEWPORT RESTORATION FOUNDATION
NEWPORT RESTORATION FOUNDATION (Rhode Island) receives grants from 24 organizations whose IRS filings report $3,938,600 to it, the largest being DORIS DUKE CHARITABLE FOUNDATION INC ($3,272,680). 13 of them have funded it in more than one year.
- Revenue FY2024
- $4.6M
- Funders on record
- 24
- Grants received
- $3.9M
- Net assets
- $37M
What Newport Restoration Foundation does
Mission
Nrf promotes and invests in the heritage of the newport community, the traditional building trades, and doris duke's fine and decorative arts and collections, for the enjoyment, education and inspiration to all.
As stated on its FY2024 Form 990.
Programs
Rough point is a museum, open to the public, sharing the life and legacy of doris duke through storytelling about the people connected to the house's history, climate change resiliency and how it impacts the built environment, and cultural heritage through the fine and decorative arts her family collected. The museum also includes an exhibition on 18th century newport furniture.
$3,420,493 spent$353,102 earned by the program54% of program spendingThe foundation owns, preserves, and maintains approximately 70 18th and 19th century buildings, predominantly in newport. All but one of the houses are rented to residential and commercial tenant stewards. The vernon house is one of the most significant buildings in newport, currently hosting contemporary dialogue, community engagement, and a preservation learning lab for the historic trades initiative.
$2,723,694 spent$3,036,293 earned by the program43% of program spendingWhitehorne house was a museum, displaying 18th century newport furniture and related decorative arts. This collection is now housed as an exhibition in rough point. The building is open by appointment only, as the foundation researches the history of the house to better inform the properties future.
$106,970 spent2% of program spendingPrescott farm features a collection of historic buildings and a walking trail. It functions as a public park and is open daily from dawn to dusk for public enjoyment.
$78,224 spent1% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,329,381.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $40M to $38M (−5%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 2%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Franklin Vagnone
President/ executive director (to 8/24)
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2022 and FY2023 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 5 funders, grant income rose $17k → $3.2M.
4 of 24 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of NEWPORT RESTORATION FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
NEWPORT RESTORATION FOUNDATION leans on a few funders — its largest provides 83% of grant income and the top three 90%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 79% · 2018 100% · 2019 45% · 2020 94% · 2021 52% · 2022 46% · 2023 97% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
40% of NEWPORT RESTORATION FOUNDATION's funders are still giving 3 years after their first grant; 54% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
NEWPORT RESTORATION FOUNDATION draws 99% of its grant income from funders outside Rhode Island, across 10 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $168k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding NEWPORT RESTORATION FOUNDATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $50k on record.
- National Endowment for the Humanities$50k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like NEWPORT RESTORATION FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Rhode Island
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
89% of spending goes to programs.
Governance
Public support
55%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Queen Anne Square Maintenence Trust Fka Doris Duke Monument Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for NEWPORT RESTORATION FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NEWPORT RESTORATION FOUNDATION?
- NEWPORT RESTORATION FOUNDATION (Rhode Island) receives grants from 24 organizations whose IRS filings report $3,938,600 to it, the largest being DORIS DUKE CHARITABLE FOUNDATION INC ($3,272,680). 13 of them have funded it in more than one year.
- How many funders does NEWPORT RESTORATION FOUNDATION have?
- IRS filings report 24 organizations giving $3,938,600 in grants to NEWPORT RESTORATION FOUNDATION, 13 of which have funded it in more than one year.
- Who is the largest funder of NEWPORT RESTORATION FOUNDATION?
- DORIS DUKE CHARITABLE FOUNDATION INC is the largest funder on record, with $3,272,680 in grants. The full list of funders is on this page.
- How can an organization like NEWPORT RESTORATION FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Newport Restoration →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 24 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing