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EIN 05-6014351

University of Rhode Island Foundation and Alumni Engagement

IRS 501(c) type
501(c)(3)
Num. employees
82
City
Kingston
State
Rhode Island
Year formed
1957
Most recent tax filings
2023-06-01
NTEE code, primary
B84: Alumni Associations
Description
The University of Rhode Island Foundation is an organization dedicated to inspiring and stewarding philanthropic support to benefit the University of Rhode Island. The Foundation receives gifts on behalf of donors that are restricted to support financial aid for students, as well as academic programs. It is located in Kingston, RI and ensures compliance with University, federal and state financial regulations.
Also known as...
University of Rhode Island Foundation
Total revenues
$33,495,561
2023
Total expenses
$39,975,213
2023
Total assets
$291,825,531
2023
Num. employees
82
2023

Program areas at University of Rhode Island Foundation and Alumni Engagement

Building and equipment, the University of Rhode Island Foundation and Alumni Engagement (urifae) receives gifts on behalf of donors that are restricted to support building and equipment initiatives through the University campus.
Scholarships, awards and fellowships, the University of Rhode Island Foundation and Alumni Engagement receives gifts on behalf of donors that are restricted to the support of financial aid for University students. To ensure compliance with all University, federal and state financial aid requirements, the University selects the student recipient and makes the awards directly to students. The Foundation provides funds to the University for the financial aid expenditures.
Program services, the University of Rhode Island Foundation and Alumni Engagement receives gifts on behalf of donors that are restricted to support academic programs through the University. Expenditures are paid by the University using Foundation funds. Prior to the Foundation funding expenditures, the University provides documentation to the Foundation to ensure expenditures align with donor intended purpose. Occasionally the Foundation will pay the vendor directly.
Other program services, the University of Rhode Island Foundation and Alumni Engagement receives gifts on behalf of donors that are restricted to support numerous programs such as outreach programs, research, athletic, visiting lecturers, faculty chairs, library and administrative support.

Who funds University of Rhode Island Foundation and Alumni Engagement

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,246,500
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,246,500
National Philanthropic TrustEducation$1,164,500
...and 76 more grants received totalling $8,460,419

Personnel at University of Rhode Island Foundation and Alumni Engagement

NameTitleCompensation
Wendy BucciChief Operations Officer$172,734
Adam QuinlanChief Financial Officer$207,281
Austen FarrellChief Marketing Officer$131,198
G Eric SchonewaldAssistant Vice President Development , Health$164,145
Jeffrey CabralVice President for Development$223,648
...and 25 more key personnel

Financials for University of Rhode Island Foundation and Alumni Engagement

RevenuesFYE 06/2023
Total grants, contributions, etc.$20,050,288
Program services$7,321,087
Investment income and dividends$5,198,718
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$885,215
Net income from fundraising events$12,590
Net income from gaming activities$27,663
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$33,495,561

Form 990s for University of Rhode Island Foundation and Alumni Engagement

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-25990View PDF
2022-062023-04-20990View PDF
2021-062022-03-10990View PDF
2020-062022-03-28990View PDF
2019-062021-01-21990View PDF
...and 10 more Form 990s

Organizations like University of Rhode Island Foundation and Alumni Engagement

OrganizationLocationRevenue
University of Central Florida FoundationOrlando, FL$73,785,645
The Florida State University FoundationTallahassee, FL$96,038,685
University of Montana FoundationMissoula, MT$33,477,321
New Mexico State University FoundationLas Cruces, NM$93,998,424
University of New Mexico FoundationAlbuquerque, NM$103,141,341
MSU Alumni Foundation (MSU)Bozeman, MT$61,224,540
Univ of Iowa Center for AdvancementIowa City, IA$166,983,554
The University of Toledo FoundationToledo, OH$29,398,271
University of North Florida FoundationJacksonville, FL$17,199,983
University of Northern Iowa FoundationCedar Falls, IA$39,233,728
Data update history
January 2, 2024
Received grants
Identified 29 new grant, including a grant for $498,965 from The Champlin Foundation
October 26, 2023
Received grants
Identified 42 new grant, including a grant for $3,000,000 from The Soloviev Foundation
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Updated personnel
Identified 16 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsLobbyingFundraising eventsOperates internationallyState / local levelEndowed supportTax deductible donations
General information
Address
79 Upper College Rd
Kingston, RI 02881
Metro area
Providence-Warwick, RI-MA
County
Washington County, RI
Website URL
alumni.uri.edu/ 
Phone
(401) 874-7900
Facebook page
universityofri 
Twitter profile
@urinews 
IRS details
EIN
05-6014351
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1957
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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