2024-11-15T14:01:19-06:00 2024-06-30 135565207 KPMG LLP ONE FINANCIAL PLAZA SUITE 2300 PROVIDENCE RI 02903 990 2023-07-01 050390916 OCEAN STATE CHARITIES TRUST 0 4017289008 ONE CITIZENS BANK WAY JOHNSTON RI 02919 SCOTT AVEDISIAN CHAIRMAN 4017289008 2024-11-15 true false LYLE J MOHLER P01340349 4012282600 2024-11-15 2023 2024-10-15 13:58:12Z X X JANE LYNCH 1005 MAIN STREET SUITE 2123 PAWTUCKET RI 02860 1308352 false X WWW.OSCT.ORG X 1981 RI PROMOTION OF SOCIAL WELFARE WITHIN THE STATE OF RHODE ISLAND. 5 5 2 0 0 100000 100000 0 417847 269578 21950 24718 539797 394296 410611 365673 0 137411 148425 0 0 69779 67303 617801 581401 -78004 -187105 5220158 5320441 66090 51033 5154068 5269408 PROMOTION OF SOCIAL WELFARE WITHIN THE STATE OF RHODE ISLAND. false false 365673 365673 AS A CHARITABLE TRUST, OCEAN STATE CHARITIES TRUST PROMOTES SOCIAL WELFARE WITHIN THE STATE OF RHODE ISLAND THROUGH GRANTS TO PUBLIC CHARITIES THAT PROVIDE ASSISTANCE TO CITIZENS WITHIN THE STATE OF RHODE ISLAND, PARTICULARLY THOSE CHARITIES WHOSE PURPOSES IS TO PROMOTE OR SUPPORT HOUSING, HEALTH, EDUCATION AND WELFARE. 365673 true true false false false false false false false true true false false false true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 true 2 true false false false false false false false false false false false false false X 5 5 false false false false false true false true true false false true true true true true true true false false RI X JANE LYNCH HOPE ARTISTE VILLAGE 4017289008 1005 MAIN STREET SUITE 2123 PAWTUCKET RI 02860 X SCOTT AVEDISIAN CHAIRMAN OF THE BOARD 10.0 X X 0 0 0 MARK RUSSELL VICE CHAIRMAN 2.0 X X 0 0 0 JANE LYNCH EXECUTIVE DIRECTOR 40.0 X X 0 0 0 VICTOR CAPELLAN SECRETARY 2.0 X 0 0 0 AMY VITALE TREASURER 2.0 X 0 0 0 JOHN J PARTRIDGE ESQ TRUSTEE 2.0 X 0 0 0 0 0 0 false false false 100000 100000 154012 154012 1029622 914056 115566 115566 115566 OTHER INCOME 561000 24718 24718 24718 394296 294296 365673 365673 82625 82625 54996 39161 15835 10804 10804 11000 11000 25807 19237 6570 5414 5414 2026 421 1605 17763 15076 2687 1255 1019 236 2531 2531 PAYROLL PROCESSING 1507 1507 581401 528626 52775 0 5467 2858 12196 10125 4796 1255 4796 3541 5131514 5253304 66185 50613 5220158 5320441 66090 51033 66090 51033 X 4826044 4906003 328024 363405 5154068 5269408 5220158 5320441 X -187105 322445 -20000 X true X true X true false X X 1 STATE OF RHODE ISLAND 056000522 6 true 365673 0 1 365673 0 false false false false false false false false false false false false false false false true false 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5895651 100000 294296 365673 215728 5708546 5973655 100000 439797 410611 207190 5895651 6455606 50000 333259 198692 5973655 5835874 28000 1137347 351448 194167 5900645 445929 318195 192505 0.93100 0.06900 false false 4796 1255 3541 3541 SECURITY DEPOSIT 1100 OPERATING LEASE RIGHT-OF-USE ASSET 49513 50613 OPERATING LEASE LIABILITY-CURRENT P 16004 OPERATING LEASE LIABILITY-LONG-TERM 35029 51033 711975 322445 5000 327445 384530 9766 9766 394296 596635 25000 25000 571635 9766 9766 581401 EXPLANATION FOR SCHEDULE D, PART V, LINE 4 THE ENDOWMENT FUNDS SUPPORT THE MISSION AND PROGRAM OF THE ORGANIZATION. EXPLANATION FOR SCHEDULE D, PART XI, LINE 2d GRANT RECOVERY $5,000 EXPLANATION FOR SCHEDULE D, PART XI, LINE 4b RECLASSIFICATION OF INCOME AND EXPENSES EXPLANATION FOR SCHEDULE D, PART XII, LINE 2d GRANTS REVERSED IN FOLLOWING YEAR $25,000 EXPLANATION FOR SCHEDULE D, PART XII, LINE 4b RECLASSIFICATION OF INCOME AND EXPENSES true STATE OF RHODE ISLAND 86 WEYBOSSET STREET PROVIDENCE RI 029032800 056000522 365673 EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 GRANTS ARE MADE ONLY TO ORGANIZATIONS THAT QUALIFY AS PUBLIC CHARITIES UNDER SECTIONS 501(C)(3) AND 509(A) AND APPLY FOR ASSISTANCE TO CARRY OUT A DESIGNATED PROGRAM OR ACTIVITY. THE PUBLIC CHARITY TO WHICH A GRANT IS MADE IS REQUIRED TO ACKNOWLEDGE THE RECEIPT OF THE GRANT AND TO REPORT UPON THE USE OF THE FUNDS. IN THE EVENT AN ORGANIZATION DOES NOT USE A GRANT FOR THE STATED PURPOSE, THE CHARITY IS REQUESTED TO RETURN THE FUNDS. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 7a THE TRUSTEES ARE APPOINTED BY THE GOVERNOR OF THE STATE OF RI. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW THE TRUSTEES REVIEWED A DRAFT OF FORM 990 PRIOR TO FILING. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c THE CONFLICT OF INTEREST POLICY REQUIRES ANNUAL REPORTING AND THE INFORMATION IS PROVIDED TO THE TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 15a THE PROCESS FOR DETERMINING THE SALARY OF THE EXECUTIVE DIRECTOR INCLUDES A REVIEW AND APPROVAL DURING THE BUDGETING PROCESS BY THE TRUSTEES WHO ARE INDEPENDENT PERSONS FAMILIAR WITH COMPARABLE COMPENSATION INFORMATION. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. EXPLANATION FOR FORM 990, PART XI, LINE 9 GRANT RECOVERY $5,000 AND GRANTS REVERSED IN FOLLOWING YEAR ($25,000)