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Rhode Island · Nonprofit

PROVIDENCE PUBLIC LIBRARY FOUNDATION

PROVIDENCE PUBLIC LIBRARY FOUNDATION (Rhode Island) receives grants from 3 organizations whose IRS filings report $56,395 to it, the largest being THE JOSEPH AND ROSALYN SINCLAIR FOUNDATION INC ($25,000). 2 of them have funded it in more than one year.

Revenue FY2025
$2.9M
Funders on record
3
Grants received
$56k
Net assets
$30M
2/3 repeat funderspeak grant-dependency 7%
01What it does

What Providence Public Library Foundation does

Mission

To ensure continued excellence in library services for the providence public library community by providing private funding to enhance programs and services.

As stated on its FY2025 Form 990.

Program

  1. Managed the investments of the endowment and provided financial support for the providence public library.

    $3,825,428 spentof which $3,825,428 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,825,428.

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 ($1.3M) Expenses 100 ($2.5M) Net assets 100 ($33M)2018 Revenue 164 ($2.2M) Expenses 91 ($2.3M) Net assets 104 ($35M)2019 Revenue 193 ($2.6M) Expenses 98 ($2.5M) Net assets 104 ($35M)2020 Revenue 18 ($243k) Expenses 112 ($2.9M) Net assets 99 ($33M)2021 Revenue 206 ($2.8M) Expenses 152 ($3.8M) Net assets 113 ($38M)2022 Revenue 229 ($3.1M) Expenses 108 ($2.7M) Net assets 96 ($32M)2023 Revenue 119 ($1.6M) Expenses 130 ($3.3M) Net assets 93 ($31M)2024 Revenue 178 ($2.4M) Expenses 165 ($4.2M) Net assets 92 ($31M)2025 Revenue 214 ($2.9M) Expenses 159 ($4.0M) Net assets 89 ($30M)
'17'18'19'20'21'22'23'24'25
Revenue (214)Expenses (159)Net assets (89)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 2021 to 2022, from $38M to $32M (−15%).

$34M
$36M
$35M
$33M
$38M
$32M
$32M
$31M
$30M
'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

0% of PROVIDENCE PUBLIC LIBRARY FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.

−$1.2M
’17
−$95k
’18
$113k
’19
−$2.6M
’20
−$1.1M
’21
$350k
’22
−$1.7M
’23
−$1.8M
’24
−$1.2M
’25
9.0
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.

Chief executive

Hillias J Martin Jr

Executive director

Board chair

Christopher M Stevens

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed9108887799
Joined·+1+2+0+0+3+0+3+2
No longer listed·04004012
03Who funds it

Who funds it, year by year

2020 → 2022: the base narrowed from 2 funders to 1 funder, grant income rose $16k → $25k.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% 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 PROVIDENCE PUBLIC LIBRARY 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

PROVIDENCE PUBLIC LIBRARY FOUNDATION leans on a few funders — its largest provides 44% of grant income and the top three 100%; half comes from just 2 funders.

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

56% 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 PROVIDENCE PUBLIC LIBRARY FOUNDATION.

44%
largest funder
100%
top three
~3
effective funders

Largest funder’s share by year: 2020 62% · 2021 66% · 2022 100% — 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.

Where its funders are

100% of PROVIDENCE PUBLIC LIBRARY FOUNDATION's grant income comes from Rhode Island funders.

RI

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

’20
’21
’22
Rhode Island out of state home

Funder states come from each funder’s own filing. $11k 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

PROVIDENCE PUBLIC LIBRARY FOUNDATION holds deeper cash reserves than three-quarters of the 9,398 education nonprofits its size.

Operating margin−40% · bottom quartile
Months of reserve9.0mo · top quartile
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like PROVIDENCE PUBLIC LIBRARY 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

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

RI

Part of a family of 1 related entity

  • Providence Public Library · exempt

Screen this organization

A dated, signed PDF of the compliance screen for PROVIDENCE PUBLIC LIBRARY 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 PROVIDENCE PUBLIC LIBRARY FOUNDATION?
PROVIDENCE PUBLIC LIBRARY FOUNDATION (Rhode Island) receives grants from 3 organizations whose IRS filings report $56,395 to it, the largest being THE JOSEPH AND ROSALYN SINCLAIR FOUNDATION INC ($25,000). 2 of them have funded it in more than one year.
How many funders does PROVIDENCE PUBLIC LIBRARY FOUNDATION have?
IRS filings report 3 organizations giving $56,395 in grants to PROVIDENCE PUBLIC LIBRARY FOUNDATION, 2 of which have funded it in more than one year.
Who is the largest funder of PROVIDENCE PUBLIC LIBRARY FOUNDATION?
THE JOSEPH AND ROSALYN SINCLAIR FOUNDATION INC is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
How can an organization like PROVIDENCE PUBLIC LIBRARY 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 3 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