EIN 05-6049721

Rhode Island College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
10
Year formed
1965
Most recent tax filings
2023-06-01
Description
Rhode Island College Foundation, established in 1965, is a separate entity that is devoted to raising funds solely for Rhode Island College. The Foundation also exercises fiduciary responsibility over endowments and other philanthropic investments.
Total revenues
$3,438,035
2023
Total expenses
$3,058,685
2023
Total assets
$43,255,879
2023
Num. employees
10
2023

Program areas at Rhode Island College Foundation

Financial support to Rhode Island College by providing need and merit-based scholarships and awards to 507 students and assistance with faculty programming.
Financial support to ric to support student engagement, lectures, faculty grants and supplemental compensation and conferences.
Financial support to Rhode Island College department of intercollegiate athletic services with athlete facility improvements/maintenance, uniforms and equipment for various teams, and the purchase of trophies/awards for athletes.
Support to ric to support events/activities, non-capitalized equipment and professional development.

Grants made by Rhode Island College Foundation

GranteeGrant descriptionAmount
Rhode Island College FoundationFinancial Support To Rhode Island College for Capital Improvements, Purchase of Equipment and Need and Merit Based Scholarships To Students and Assistance With Faculty Programming. Scholarships Were Awarded During the Reporting Period To 507 Rhode Island College Students.$1,510,788

Who funds Rhode Island College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Rhode Island College FoundationFinancial Support To Rhode Island College for Capital Improvements, Purchase of Equipment and Need and Merit Based Scholarships To Students and Assistance With Faculty Programming. Scholarships Were Awarded During the Reporting Period To 507 Rhode Island College Students.$1,510,788
Point32health FoundationAge-Friendly Rhode Island$110,000
The Rhode Island FoundationFundraising Apprenticeship Program$50,000
...and 17 more grants received

Personnel at Rhode Island College Foundation

NameTitleCompensation
Kimberly Conway DumpsonExecutive Director$0
Denise DominDirector Administration and Finance
Gary MohamedTreasurer$0
Kyla PecchiaSecretary$0
Gary DicenzoVice President$0
...and 9 more key personnel

Financials for Rhode Island College Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,743,226
Program services$0
Investment income and dividends$803,696
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-241,446
Net income from fundraising events$-14,953
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$147,512
Total revenues$3,438,035

Form 990s for Rhode Island College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-10990View PDF
2022-062023-05-15990View PDF
2021-062022-07-18990View PDF
2020-062021-04-06990View PDF
2019-062020-12-30990View PDF
...and 9 more Form 990s
Data update history
July 17, 2024
Received grants
Identified 3 new grant, including a grant for $10,150 from Hispanic Federation
May 18, 2024
Received grants
Identified 7 new grant, including a grant for $1,510,788 from Rhode Island College Foundation
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 27, 2023
Received grants
Identified 3 new grant, including a grant for $110,000 from Point32health Foundation
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsState / local levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
600 Mount Pleasant Ave
Providence, RI 02908
Metro area
Providence-Warwick, RI-MA
County
Providence County, RI
Website URL
ric.edu/ 
Phone
(401) 456-8000
IRS details
EIN
05-6049721
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1965
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
Free account sign-up

Want updates when Rhode Island College Foundation has new information, or want to find more organizations like Rhode Island College Foundation?

Create free Cause IQ account