Program areas at The Rhode Island Foundation
Strategic grantmaking programs: grantmaking focused primarily on addressing specific priorities within three strategic initiative areas: economic security, education, and health. Grantmaking also supports organizations and projects that are responsive to Community needs in other areas including arts & culture, environment, children & families, and housing. Grants support different approaches including 1) policy, advocacy and systems reform: funding projects that involve research and analysis on pressing issues; advocacy and organizing that gives voice to underrepresented groups and promotes institutional change 2) organizational and leadership capacity: funding projects to increase nonprofit capacity and 3) innovative models and proven programs: funding projects based on unique research or experience in a field. We also seek to expand and sustain programs that are highly effective and produce results. We also operate multiple special grant programs that fund projects that best match donor intent.
Donor advised funds: providing vehicles for donors to make grants to qualified charities by actively participating in grant recommendations.
Donor designated funds: providing vehicles for donors to make grants to qualified charities by designating a qualified charity.
Grants made by The Rhode Island Foundation
Who funds The Rhode Island Foundation
Grants from foundations and other nonprofits
Personnel at The Rhode Island Foundation
| Name | Title | Compensation | Date of data |
|---|
| James Wright | Chief Executive Officer, Bridge Technical Talent | $0 | 2023-05-03 |
| Michael K. Allio | President and Chief Executive Officer, Allio | $0 | 2023-05-03 |
| Neil D. Steinberg | President and Chief Executive Officer | $921,146 | 2023-05-03 |
| Jennifer Reid | Chief Financial Officer | $261,630 | 2023-11-13 |
| Peter R. Phillips | Senior Vice President and Chief Investment Officer, Washington Trust Wealth Management | $0 | 2023-05-03 |
| ...and 14 more key personnel |
Financials for The Rhode Island Foundation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $58,316,386 | $96,571,049 | -39.6% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $13,426,293 | $13,926,792 | -3.6% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $70,312 | $35,200 | 99.8% |
| Net gain from sale of non-inventory assets | $22,355,325 | $83,805,701 | -73.3% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $391,564 | $363,417 | 7.7% |
| Total revenues | $94,559,880 | $194,702,159 | -51.4% |
Organizations like The Rhode Island Foundation
| Organization | Type | Location | Revenue |
|---|
| East Tennessee Foundation (ETF) | 501(c)(3) | Knoxville, TN | $25,934,976 |
| Arizona Community Foundation | 501(c)(3) | Phoenix, AZ | $122,702,351 |
| The Boston Foundation (TBF) | 501(c)(3) | Boston, MA | $161,296,905 |
| Philadelphia Foundation (PF) | 501(c)(3) | Philadelphia, PA | $80,318,312 |
| Seattle Foundation | 501(c)(3) | Seattle, WA | $159,592,537 |
| New Hampshire Charitable Foundation | 501(c)(3) | Concord, NH | $65,087,484 |
| Communities Foundation of Texas | 501(c)(3) | Dallas, TX | $195,142,202 |
| The Denver Foundation | 501(c)(3) | Denver, CO | $137,620,038 |
| Community Foundation for Greater Buffalo (CFGB) | 501(c)(3) | Buffalo, NY | $56,537,676 |
| The Pittsburgh Foundation | 501(c)(3) | Pittsburgh, PA | $91,513,611 |
Data update history
May 18, 2024
Received grants
Identified 20 new grant, including a grant for $8,899,756 from Dechomai Foundation January 22, 2024
Updated personnel
Identified 1 new personnel
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
October 26, 2023
Received grants
Identified 8 new grant, including a grant for $4,250,000 from Blue Meridian Partners Nonprofit Types
Grantmaking organizationsCommunity foundationsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
Political advocacyOperates donor advised fundsProvides grantsLobbyingOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
- Address
- 1 Union Station
- Providence, RI 02903
- Metro area
- Providence-Warwick, RI-MA
- County
- Providence County, RI
- Website URL
- rifoundation.org/Â
- Phone
- (401) 274-4564
- Facebook page
- rhodeislandfoundationÂ
- Twitter profile
- @rifoundationÂ
IRS details
- EIN
- 22-2604963
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1916
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T31: Community Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Central organization
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