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Rhode Island · Nonprofit

PAWTUCKET FOUNDATION

PAWTUCKET FOUNDATION (Rhode Island) receives grants from 10 organizations whose IRS filings report $515,552 to it, the largest being SIMON W WARDWELL FOUNDATION ($200,000). 9 of them have funded it in more than one year.

Revenue FY2025
$192k
Funders on record
10
Grants received
$516k
Net assets
$301k
9/10 repeat funderspeak grant-dependency 27%
01What it does

What Pawtucket Foundation does

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.

As stated on its FY2025 Form 990.

Programs

  1. The foundation creates, develops and implements programs and resources designed to mobilize the private and non-profit sector along with local government in economic development.

  2. The foundation sponsored an annual dinner to recognize outstanding individual(s) who have advanced the ideals of civic entrepreneurship advocated and advanced by the foundation

  3. Hosted pawtucket proud day, an annual corporate volunteer outing. 43 businesses contributed volunteers and/or in-kind donations to landscape, clean up or paint sven dey sites around pawtucket and central falls.

  4. Miscellaneous propgrams designed to enhance the beauty and civic pride of the local area.

    $176,177 spent
    100% of program spending

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $176,177.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($266k) Expenses 100 ($268k) Net assets 100 ($181k)2018 Revenue 114 ($304k) Expenses 99 ($266k) Net assets 135 ($244k)2019 Revenue 104 ($276k) Expenses 104 ($279k) Net assets 153 ($277k)2020 Revenue 56 ($150k) Expenses 87 ($233k) Net assets 110 ($198k)2021 Revenue 225 ($601k) Expenses 142 ($380k) Net assets 231 ($419k)2022 Revenue 163 ($435k) Expenses 168 ($452k) Net assets 204 ($370k)2023 Revenue 194 ($518k) Expenses 199 ($535k) Net assets 156 ($283k)2024 Revenue 92 ($245k) Expenses 89 ($238k) Net assets 166 ($300k)2025 Revenue 72 ($192k) Expenses 76 ($204k) Net assets 166 ($301k)
'17'18'19'20'21'22'23'24'25
Revenue (72)Expenses (76)Net assets (166)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $244k to $431k (+76%).

$190k
$252k
$286k
$244k
$431k
$381k
$291k
$307k
$302k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 29% · 2019 23% · 2021 56% · 2022 45% · 2023 44% · 2024 18%. Grants only. Government contracts and fees sit inside program revenue.

1% of PAWTUCKET FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

−$2k
’17
$38k
’18
−$2k
’19
−$83k
’20
$220k
’21
−$17k
’22
−$17k
’23
$7k
’24
−$12k
’25
7.1
months of
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.

Board chair

Daniel J Sullivan Jr

Co-chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed302527252626222118
Joined·+1+3+6+6+2+2+4+1
No longer listed·61852654
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 5 funders, grant income rose $44k → $84k.

1 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $10k from one payer (the payer shares this organization's board, largest The Rhode Island Community Foundation). These are real filings, and they are not money PAWTUCKET FOUNDATION raised.

From the IRS filings of PAWTUCKET FOUNDATION’s funders (the co-funder graph). Top 9 of 10 funders by total. 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

PAWTUCKET FOUNDATION leans on a few funders — its largest provides 39% of grant income and the top three 87%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

42% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PAWTUCKET FOUNDATION.

39%
largest funder
87%
top three
~4
effective funders

Largest funder’s share by year: 2017 87% · 2018 63% · 2019 46% · 2020 73% · 2021 73% · 2022 42% · 2023 60% — diversifying over time.

“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

33% of PAWTUCKET FOUNDATION's funders are still giving 3 years after their first grant; 90% give in more than one year at all.

first grant+1y+2y+3y+4y

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

67% of PAWTUCKET FOUNDATION's grant income comes from Rhode Island funders.

NY
MA
RI

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Rhode Island out of state home

Funder states come from each funder’s own filing. $52 arriving through sponsors registered in 1 state 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.

04Its place in the field

Against its field

PAWTUCKET FOUNDATION's funding base is broadening — from 3 funders to 5 as grant income climbed.

Operating margin−6% · bottom quartile
Months of reserve7.1mo · below the median
Revenue growth (annualized)−4% · bottom quartile

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Organizations like PAWTUCKET 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

65% of spending goes to programs.

Program 65%Management 17%Fundraising 18%

Governance

20
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

74%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for PAWTUCKET 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.

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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 PAWTUCKET FOUNDATION?
PAWTUCKET FOUNDATION (Rhode Island) receives grants from 10 organizations whose IRS filings report $515,552 to it, the largest being SIMON W WARDWELL FOUNDATION ($200,000). 9 of them have funded it in more than one year.
How many funders does PAWTUCKET FOUNDATION have?
IRS filings report 10 organizations giving $515,552 in grants to PAWTUCKET FOUNDATION, 9 of which have funded it in more than one year.
Who is the largest funder of PAWTUCKET FOUNDATION?
SIMON W WARDWELL FOUNDATION is the largest funder on record, with $200,000 in grants. The full list of funders is on this page.
How can an organization like PAWTUCKET 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 10 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 14, 2026. What this page cannot tell you · view filing