2023-04-28T08:00:16-05:00 2022-12-31 050479760 ANDSAGER BARTLETT & PIERONI LLP 1275 WAMPANOAG TRAIL EAST PROVIDENCE RI 02915 990 2022-01-01 453697597 SIMON W WARDWELL FOUNDATION SIMO 4014439975 2000 CHAPEL VIEW BLVD 350 CRANSTON RI 02920 ALFRED P DEGEN TREASURER 4014439975 2023-04-27 1 ALFRED DEGEN 999009999 0 CHRISTOPHER BARTLETT CPA CFP P00189632 4012729100 2023-04-27 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ALFRED P DEGEN 2000 CHAPEL VIEW BLVD 350 CRANSTON RI 02920 4149806 0 X N/A X PUBLIC CHARITY - 509(A)(3) 2011 RI SUPPORT AND ASSIST PROGRAMS IN THE AREAS OF CENTRAL FALLS, PAWTUCKET, CUMBERLAND, AND LINCOLN, RI. 5 5 0 0 0 0 0 0 5684 0 1968134 829831 0 -19200 1973818 810631 479840 673162 0 0 112957 115568 0 0 0 223099 245198 815896 1033928 1157922 -223297 18723224 18503416 0 0 18723224 18503416 X ORGANIZATION WAS CREATED TO PROVIDE GRANTS, SUPPORT, ENDOWMENT AND ASSISTANCE TO, OR TO ENGAGE DIRECTLY IN ACTIVITIES THAT SUPPORT THE STUDYING, PLANNING, DESIGNING, ERECTING, CONSTRUCTING, ENHANCING, IMPROVING OR MODERNIZING THE OPERATIONS IN RHODE ISLAND'S PUBLIC SERVICES INCLUDING HOSPITALS AND HEALTH CARE FACILITIES, EDUCATIONAL INSTITUTIONS, NURSING HOMES ETC. IN THE AREAS OF CENTRAL FALLS, PAWTUCKET, CUMBERLAND, AND LINCOLN, RHODE ISLAND. 0 0 882398 673162 THE ORGANIZATION WAS FUNDED IN NOVEMBER OF 2020 AND THERE WERE NO DISTRIBUTIONS IN THE INITIAL FUNDING YEAR.ORGANIZATION WAS CREATED TO PROVIDE GRANTS, SUPPORT, ENDOWMENT AND ASSISTANCE TO, OR TO ENGAGE DIRECTLY IN ACTIVITIES THAT SUPPORT THE STUDYING, PLANNING, DESIGNING, ERECTING, CONSTRUCTING, ENHANCING, IMPROVING OR MODERNIZING THE OPERATIONS IN RHODE ISLAND'S PUBLIC SERVICES INCLUDING HOSPITALS AND HEALTH CARE FACILITIES, EDUCATIONAL INSTITUTIONS, NURSING HOMES ETC. IN THE AREAS OF CENTRAL FALLS, PAWTUCKET, CUMBERLAND, AND LINCOLN, RHODE ISLAND. 882398 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 1 1 RI X ALFRED P DEGEN 4014439975 2000 CHAPEL VIEW BLVD STE 350 CRANSTON RI 02920 MAUREEN SHERIDAN EXECUTIVE DIRECTOR 40.00 X 45568 0 0 JESSICA WATERS DIRECTOR 5.00 X 14000 0 0 KATHLEEN OROVITZ DIRECTOR 5.00 X 14000 0 0 ALFRED P DEGEN PRESIDENT & TREASURER 10.00 X 14000 0 0 JOHN J PARTRIDGE VICE PRESIDENT 10.00 X 14000 0 0 DAVID E FARNUM SECRETARY 5.00 X 14000 0 0 115568 0 0 0 0 0 0 0 797043 797043 3371963 3339175 32788 32788 32788 ENERGY TRANSFER K1 900001 -19200 -19200 -19200 810631 32788 0 777843 673162 673162 115568 115568 16328 16328 12850 12850 173439 173439 404 404 3183 3183 2083 2083 FOREIGN TAXES 18892 18892 K-1 EXPENSES 16501 16501 MISCELLANEOUS 1346 1346 POSTAGE 111 111 61 61 1033928 882398 151530 0 3381619 303298 15341605 18200118 18723224 18503416 0 0 X 0 0 0 0 18723224 18503416 18723224 18503416 18723224 18503416 X -223297 3489 X X 1 X 0 1 0 X X 2 OCEAN STATE CHARITIES TRUST 050390916 10 0 100000 0 PAWTUCKET FOUNDATION 050511879 10 0 50000 0 2 150000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 32788 0 0 915379 927087 915379 959875 0 0 0 0 159694 164098 755685 795777 24243231 24972759 2456782 1782892 0 0 26700013 26755651 0 0 0 26700013 26755651 400500 401335 26299513 26354316 920483 922401 0 0 920483 922401 755685 642332 920483 920483 0 920483 150000 0 0 0 0 523162 673162 673162 920483 73.130000000000 920483 0 0 0 0 0 297907 297907 0 297907 0 0 673162 0 622576 50586 0 0 50586 0 0 0 0 50586 PART V; SECTION D; LINE 6 - OTHER DISTRIBUTIONS THESE ARE DISTRIBUTIONS TO ORGANIZATIONS THAT WERE SEPARATE FROM THE FOUNDATION'S SUPPORTED ORGANIZATIONS, BUT WERE EITHER (A) ORGANIZATIONS SUPPORTED BY THE FOUNDATION'S SUPPORTED ORGANIZATIONS AND/OR (B) SPECIFICALLY DIRECTED BY DIRECTORS, TRUSTEES AND/OR MANAGING MEMBERS OF THE FOUNDATION'S SUPPORTED ORGANIZATIONS. PART V; SECTION D; LINE 8 - DISTRIBUTIONS TO ATTENTIVE ORGS THE CONTRIBUTIONS INCLUDED IN DISTRIBUTIONS TO ATTENTIVE SUPPORTED ORGANIZATIONS MEETS THE ATTENTIVENESS REQUIREMENT IN THAT BASED ON THE FACTS AND CIRCUMSTANCES, INCLUDING THE SIGNIFICANT SUPPORT PROVIDED BY THE CONTRIBUTIONS, THE CONTRIBUTIONS WERE SUFFICIENT TO ENSURE ATTENTIVENESS OF THE SUPPORTED ORGANIZATION(S). 1 OCEAN STATE CHARITIES TRUST 1005 MAIN ST 2123 PAWTUCKET RI 02860 050390916 501(C)(3) 100000 0 PROGRAM/PROJECT EXPENSE PAWTUCKET FOUNDATION 200 MAIN ST STE200 PAWTUCKET RI 02860 050511879 501(C)(3) 50000 0 PROGRAM/PROJECT EXPENSE RI MAYORAL ACADEMY BLACKSTONE VALLEY 7 FATIMA DR CUMBERLAND RI 02864 270617933 501(C)(3) 110000 0 PROGRAM/PROJECT EXPENSE BOYS & GIRLS CLUB OF PAWTUCKET 1 MOELLER PLACE PAWTUCKET RI 02860 050258924 501(C)(3) 100000 0 PROGRAM/PROJECT EXPENSE THE LEARNING COMMUNITY CHARTER SCHOOL 21 LINCOLN AVE CENTRAL FALLS RI 02863 470942849 501(C)(3) 25000 0 PROGRAM/PROJECT EXPENSE KENT HOSPITAL 455 TOLL GATE RD WARWICK RI 02886 050514640 501(C)(3) 19494 0 PROGRAM/PROJECT EXPENSE URIFAE 79 UPPER COLLEGE RD KINGSTON RI 02881 056014351 501(C)(3) 30668 0 PROGRAM/PROJECT EXPENSE YMCA OF PAWTUCKET 8 SUMMER STREET PAWTUCKET RI 02860 050259114 501(C)(3) 100000 0 PROGRAM/PROJECT EXPENSE SHRI 390 PINE STREET PAWTUCKET RI 02860 455468680 501(C)(3) 10000 0 PROGRAM/PROJECT EXPENSE CUMBERLAND LIBRARY FUND 1464 DIAMOND HILL RD CUMBERLAND RI 02864 056000115 501(C)(3) 28000 0 PROGRAM/PROJECT EXPENSE PROGRESO LATINO 626 BROAD STREET CENTRAL FALLS RI 02863 050380608 501(C)(3) 50000 0 PROGRAM/PROJECT EXPENSE BOYS & GIRLS CLUB OF N RI 1 JAMES MCKEE WAY CUMBERLAND RI 02864 050280121 501(C)(3) 50000 0 PROGRAM/PROJECT EXPENSE PART I, LINE 2: BOARD WORKS CLOSELY WITH IT'S SUPPORTED ORGANIZATIONS AS WELL AS THE OTHER ORGANIZATIONS THAT ARE SUPPORTED AND FUNDED BY THE SUPPORTED ORGANIZATIONS. THEY REGULARLY REVIEW THE RELEVANT PROGRAMS AND PROJECTS FOR WHICH GRANTS WERE PROVIDED. FORM 990, PART VI, SECTION A, LINE 4 BOARD CHANGED ITS GOVERNING DOCUMENTS IN 2022 IN ANTICIPATION OF ITS CONVERSION TO A PRIVATE FOUNDATION IN 2023. FORM 990, PART VI, SECTION B, LINE 11B 990 IS REVIEWED BY THE ORGANIZATION'S PRESIDENT AND TREASURER ALFRED P. DEGEN FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS REVIEW WRITTEN CONFLICT OF INTEREST POLICY AND SIGN A STATEMENT DISCLOSING ANY POTENTIAL CONFLICTS ANNUALLY. POTENTIAL CONFLICTS ARE REVIEWED/DISCLOSED WHEN VOTING ON GRANT AWARDS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND/OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: COST ADJUSTMENTS TO INVESTMENTS 1,260. MISC CREDIT TO INVESMENT ACCOUNT 2,229. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN THE ORGANIZATION'S OVERSIGHT PROCESS