Grants Summary - 2007

Grant Requests

The Foundation received acceptable requests totaling $6,216,516.  The Board of Directors approved grants in the amount of $4,151,500.  This means that for every $2.00 requested nearly $1.50 was granted.  The total approved represents an increase of $746,500 from the $3,405,000 awarded in 2006. 

The Foundation received 67 eligible requests and funded 51: some in full, many partially.  The dollar amounts ranged from $2,000 to $500,000.

Grants by Areas of Interest

Program Area                                                % Dollars                      # of Grants

                                                                         Awarded                         Awarded

Social and Community Services               38%                           33

Historic Preservation                               28%                             9 

Land Conservation & Planning                11%                             6

Miscellaneous                                         23%                             3

New Grant Recipients

Nine organizations received first time grants in 2007 totaling $741,500.

Geographic Distribution

The Foundation granted 77% of its funding to organizations that directly benefit the Newport County, Rhode Island community. 

There were three grants totaling $950,000 awarded to organizations outside of Rhode Island.