EIN 22-2604963

The Rhode Island Foundation

IRS 501(c) type
501(c)(3)
Num. employees
52
Year formed
1916
Most recent tax filings
2019-12
NTEE code, primary
Description
The Rhode Island Foundation is a proactive Community and philanthropic leader dedicated to meeting the needs of the people of Rhode Island.
Also known as...
Rhode Island Community Foundation

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.

Form 990s for The Rhode Island Foundation

Fiscal year endingDate received by IRSFormPDF link
2019-122021-04-02990View PDF
2018-122020-02-11990View PDF
2017-122019-02-25990View PDF
2016-122017-12-15990View PDF
2015-122016-11-18990View PDF
...and 6 more Form 990s

Who funds The Rhode Island Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$940,740
 Subscribe to view████ ████$999,999
 Subscribe to view█████ █ ██ ███ ██████$99,999
...and 8 more grants received

Grants made by The Rhode Island Foundation

GranteeGrant descriptionAmount
United Way of Rhode Island (UWRI)Annual Grant$3,379,632
 Subscribe to view██ ████ ██$999,999
 Subscribe to view█████ ███ █ ███ ██████$999,999
 Subscribe to view████ ████$999,999
 Subscribe to view████ ████$999,999
...and 949 more grants made

Financials for The Rhode Island Foundation

RevenuesFYE 12/2019
Total grants, contributions, etc.$46,718,203
Program services$0
Investment income and dividends$13,133,196
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$155,894
Net gain from sale of non-inventory assets$30,008,530
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$345,404
Total revenues$90,361,227

Personnel at The Rhode Island Foundation

NameTitleCompensation
James WrightChief Executive Officer, Bridge Technical Talent$0
Jonathan D. FainChairman of the Board and Chief Executive Officer , Teknor Apex Company / Director / Chairman of the Board and CEO, Teknor Apex Company$0
Neil D. SteinbergPresident and Chief Executive Officer$939,442
 Subscribe to viewVice President of Finance and Chief Financial Officer$209,305
 Subscribe to viewVice President of Communications
...and 15 more key personnel

Organizations like The Rhode Island Foundation

OrganizationLocationRevenue
The Community Foundation for Greater AtlantaAtlanta, GA$206,508,589
Greater Washington Community FoundationWashington, DC$78,105,355
New York Community TrustNew York, NY$257,618,823
Rose Community FoundationDenver, CO$228,863,706
The Pittsburgh FoundationPittsburgh, PA$88,473,154
Communities Foundation of TexasDallas, TX$153,430,280
The Boston Foundation (TBF)Boston, MA$165,527,614
New Hampshire Charitable FoundationConcord, NH$103,387,258
Saint Paul and Minnesota FoundationsSaint Paul, MN$118,527,281
Maine Community FoundationEllsworth, ME$41,862,877
East Tennessee Foundation (ETF)Knoxville, TN$26,643,937
Vancouver FoundationCanada, $101,145,467
Orange County Community Foundation (OCCF)Newport Beach, CA$90,583,726
Community Foundation for Greater New HavenNew Haven, CT$54,146,772
Baltimore Community Foundation (BCF)Baltimore, MD$34,854,199
California Community FoundationLos Angeles, CA$305,751,337
Vermont Community FoundationMiddlebury, VT$33,540,049
Philadelphia Foundation (PF)Philadelphia, PA$79,448,283
The Cleveland FoundationCleveland, OH$120,009,767
Arizona Community FoundationPhoenix, AZ$90,614,885
The Oregon Community FoundationPortland, OR$232,236,926
The Community FoundationRichmond, VA$61,869,688
Community Foundation of Tampa Bay (CFTB)Tampa, FL$46,528,030
The Greater Cincinnati FoundationCincinnati, OH$137,413,135
The Dallas FoundationDallas, TX$97,887,988
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$90,361,227
2019
Yearly growth
-17.5%
% of revenues
n/a
Total expenses
$67,128,612
2019
Yearly growth
-0.9%
% of expenses
n/a
Total assets
$1,011,786,707
2019
Yearly growth
17.2%
% of assets
n/a
Num. employees
52
2019
Yearly growth
333.3%
% of total
n/a
General information
Address
One Union Station
Providence, RI 02903
Metro area
Providence-Warwick, RI-MA
Website URL
rifoundation.org/ 
Phone
(401) 274-4564
Facebook page
rhodeislandfoundation 
Twitter profile
@rifoundation 
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
813319: Social Advocacy Organizations
Parent/child status
Independent