Question 1

What does THE BEACON FOUNDATION fund?

Accepted Answer

THE BEACON FOUNDATION has funded 196 organizations with 399 grants on file.

Question 2

How much does THE BEACON FOUNDATION give in grants?

Accepted Answer

In the most recent filing year, THE BEACON FOUNDATION awarded $196,947 in grants. The foundation holds $4,306,177 in total assets. Grant data is available for 4 years, from 2021 to 2024. There are 399 individual grants on file.

Question 3

Who runs THE BEACON FOUNDATION?

Accepted Answer

THE BEACON FOUNDATION is led by BRIAN J SPERO (DIRECTOR), MICHELLE PELLETIER (DIRECTOR), RICHARD LENTO (DIRECTOR), and 12 others. This information is from their 2024 IRS 990-PF filing.

Question 4

Where is THE BEACON FOUNDATION located?

Accepted Answer

THE BEACON FOUNDATION is located in WARWICK, RI. Their EIN is 85-4065871. Their website is https://BEACONMUTUAL.COM/THE-BEACON-FOUNDATION/.

Question 5

How to apply for a grant from THE BEACON FOUNDATION?

Accepted Answer

Grant application processes vary by foundation. THE BEACON FOUNDATION accepts unsolicited proposals. NAME AND ADDRESS; PRINCIPAL DIRECTOR'S NAME; STATUS AS A QUALIFIED 501 (C)(3) ORGANIZATION; STATEMENT OF THE NATURE AND PRINCIPAL PURPOSE OF THE FUNDING REQUEST; DETAILS ON HOW THE REQUEST WILL IMPROVE THE STATE OF RHODE ISLAND AND SUPPORT ITS BUSINESS, EDUCATIONAL, NONPROFIT AND CULTURAL COMMUNITY; CONTACT INFORMATION FOR THE REQUEST; AND THE WEB ADDRESS. REQUESTS FOR FUNDING OF $5,000 OR LESS SHOULD BE MADE ON THE ORGANIZATION'S LETTERHEAD. REQUESTS OF GREATER THAN $5,000 MAY BE MADE ON A WRITTEN GRANT APPLICATION WHICH, AMONG OTHER DETAILS, MAY INCLUDE THE FOLLOWING: STATEMENT OF THE PRINCIPAL PURPOSE OF THE ORGANIZATION, INCLUDING DETAIL REGARDING ITS PROJECTS AND GOALS; FINANCIAL AUDIT, COMPILATION OR REVIEW; DETAILS OF THE ORGANIZATION'S CURRENT OPERATING BUDGET AND REASONABLE AND ADEQUATE ACCOUNTING PROCEDURE; AND THE ORGANIZATION'S SOURCES OF INCOME, SUCH AS MAJOR CONTRIBUTORS OR SUPPORTERS, OTHER GRANTS, PRIVATE ENDOWMENTS AND COMMERCIAL ACTIVITIES. Visit their website for more information. You can also use Signal990 to research their grant history and find the best approach.

Year	Total Granted	Grants Made	Avg Grant
2024	$196,897	173	$1,138
2023	$153,650	87	$1,766
2022	$111,263	89	$1,250
2021	$109,050	50	$2,181

THE BEACON FOUNDATION

Giving History

Top Grant Recipients

Officers & Trustees

IRS Filing History

Frequently Asked Questions

Other Foundations in Rhode Island

Unlock Full Foundation Data