The Bancroft Family Foundation
Preselected recipients only
The Bancroft Family Foundation is a private foundation in Middletown, Rhode Island. In tax year 2024 it gave $177,000 in 20 grants; the typical grant was $6,000 and the largest $25,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$177,000
- Number of grants20
- Typical grant$6,000
- Largest grant$25,000
- Assets$2.5 million
- New grantees40%
Giving in 2024 was up from $126,000 the year before.
40% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $126,000 | 15 | $1.4 million |
| 2024 | $177,000 | 20 | $2.5 million |
How to apply
The Bancroft Family Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Bancroft Family Foundation funds
Where it gives
Its grants went to recipients in 8 states, the most to Massachusetts.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 9 | $79,000 |
| Rhode Island | 4 | $39,400 |
| North Carolina | 1 | $20,000 |
| Connecticut | 1 | $10,600 |
| Virginia | 1 | $10,000 |
| Florida | 2 | $9,000 |
| District of Columbia | 1 | $6,000 |
| Texas | 1 | $3,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Nativity Preparatory School | Charitable Donation | $25,000 |
| Adoption Rhode Island | Charitable Donation | $20,000 |
| BuddyMentor Inc | Charitable Donation | $20,000 |
| Our Sisters' School | Charitable Donation | $20,000 |
| New Beginnings Family Academy | Charitable Donation | $10,600 |
| Hopecam Inc | Charitable Donation | $10,000 |
| Community Boating Center | Charitable Donation | $10,000 |
| Lucy's Hearth | Charitable Donation | $10,000 |
| College Bound | Charitable Donation | $6,000 |
| SYMI-fr Inc | Charitable Donation | $6,000 |
| Gnome Inc DBA Gnome Surf | Charitable Donation | $6,000 |
| Just World International | Charitable Donation | $6,000 |
| Family Service of RI | Charitable Donation | $5,400 |
| FabNewport | Charitable Donation | $4,000 |
| Cradles to Crayons | Charitable Donation | $3,000 |
| Greater Boston Food Bank | Charitable Donation | $3,000 |
| Gifts To Give | Charitable Donation | $3,000 |
| Mary's Home of the Treasured Coast | Charitable Donation | $3,000 |
| Martha's Vineyard Ocean Academy | Charitable Donation | $3,000 |
| Embrace Grace | Charitable Donation | $3,000 |
Officers and trustees
- Diane M Zuspan
- Laurie Mandly
- Carol A Verrochi
- Ryan Mandly
Questions people ask
Does The Bancroft Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Bancroft Family Foundation give?
$177,000 in tax year 2024, across 20 grants, with a typical grant of $6,000.
Who runs The Bancroft Family Foundation?
Its 2024 filing lists Diane M Zuspan (Treasurer), Laurie Mandly (President), Carol A Verrochi (Secretary) and Ryan Mandly (Trustee).
What does The Bancroft Family Foundation fund?
Based on its grants, mainly education.