EIN 85-4150612

Ralph R Papitto and Barbara A Papitto Private Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
2022
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Ralph R Papitto and Barbara A Papitto Private Family Foundation is a private foundation located in Hope, RI. Its primary focus is on funding general support and troubled youth programs via referrals, as well as offering free haircuts, social discussion sessions, counseling and belonging services, and travel funds for national championships. The Foundation also developed and branded the Transform Rhode Island Scholarship Annual Event to encourage educational opportunities. In addition to Lifespan, the Foundation has awarded 45 grants to other organizations in the past year.
Total revenues
$35,764,985
2022
Total expenses
$23,261,630
2022
Total assets
$27,083,440
2022
Num. employees
3
2022

Program areas at Ralph R Papitto and Barbara A Papitto Private Family Foundation

Developed and branded the transform rhode island scholarship (tris) annual event. The program encourgaed high school students from the bipoc communites to participate in A contest to answer one question, "if you had $1 million, how would you improve rhode island's communities of color?". This had as its sub-campaign A program directed at bipoc students based on four core pillars: transformation, inspriation, rhode island and the power of youth. The full impact of the "tris" program was not realized until the 2022 tax year. Additional infromation about the tris program and its results can be found on our website at www.pocfoundation.com
The Foundation provides all funded organizations certain direct support services. To assist with impact reporting,poc offers A data collection platform - 501database.com - that was custom-designed with in the input of our funded non-profit organizations. Applying for grants can be critical to success. To help, the Foundation has engaged consultants to work with directly with our funded organizations in the areas of financial management and organizational process.for those organizations without access to professional public relations assistance, we also provide limited assistance from A pr firm. Additionally, the Foundation provides access to leadership rhode island's strengths identification program, free of charge to all funded organizations.

Grants made by Ralph R Papitto and Barbara A Papitto Private Family Foundation

GranteeGrant descriptionAmount
Center for Southeast AsiansGrants$1,074,375
Elisha ProjectGrants$1,000,000
Rhode Island Hospital FoundationGrants$500,000
...and 82 more grants made totalling $11,125,084

Personnel at Ralph R Papitto and Barbara A Papitto Private Family Foundation

NameTitleCompensation
Barbara A PapittoTrustee$120,000
John TarantinoManaging Trustee$460,200

Financials for Ralph R Papitto and Barbara A Papitto Private Family Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$30,951,108
Investment income and dividends$334,108
Net rental income$0
Net gain from sale of non-inventory assets$4,479,769
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$35,764,985

Form 990s for Ralph R Papitto and Barbara A Papitto Private Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-01990PFView PDF
2021-122022-11-18990PFView PDF

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Data update history
January 20, 2024
Posted financials
Added Form 990PF for fiscal year 2022
December 31, 2023
Used new vendors
Identified 2 new vendors, including , and
July 29, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 6, 2023
Updated personnel
Identified 5 new personnel
June 4, 2023
Updated personnel
Identified 7 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsTax deductible donations
General information
Address
100 Westminster St 105
Providence, RI 02903
Metro area
Providence-Warwick, RI-MA
Website URL
pocfoundation.com/ 
Phone
(401) 276-1236
IRS details
EIN
85-4150612
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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