2019-02-12T08:14:57-06:00 2018-06-30 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2017-07-01 056014351 UNIVERSITY OF RHODE ISLAND FOUNDATION UNIV 4018747900 79 UPPER COLLEGE ROAD KINGSTON RI 02881 ADAM QUINLAN CFO 4018744490 2019-02-07 1 DEBORAH A HOPKINS P00167843 4012742001 71.117.160.66 2019-02-07 07:25:52 ES P C6DE77DF7EAFCE64E84CE20962AB172FB6FF0A8D 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2017 2019-02-21 02:37:17Z ADAM QUINLAN 79 UPPER COLLEGE ROAD KINGSTON RI 02881 138570593 0 X WWW.URIFOUNDATION.ORG X 1957 RI TO INSPIRE AND STEWARD PHILANTHROPIC SUPPORT BENEFITTING THE UNIVERSITY OF RHODE ISLAND. 126 126 65 96 0 0 19220143 26257064 3614217 6076229 6846561 9165971 0 0 29680921 41499264 17767583 14794167 0 0 5216174 5985742 0 0 6006317 2337398 2393629 25321155 23173538 4359766 18325726 179041132 198031857 3742383 3362705 175298749 194669152 X TO INSPIRE AND STEWARD PHILANTHROPIC SUPPORT BENEFITTING THE UNIVERSITY OF RHODE ISLAND. 0 0 828506 828506 340282 BUILDING AND EQUIPMENT, THE UNIVERSITY OF RHODE ISLAND FOUNDATION RECEIVES GIFTS ON BEHALF OF DONORS THAT ARE RESTRICTED TO SUPPORT BUILDING AND EQUIPMENT INITIATIVES THROUGH THE UNIVERSITY CAMPUS. 5444262 5444262 2236056 PROGRAM SERVICES, THE UNIVERSITY OF RHODE ISLAND FOUNDATION 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. 1535201 1535201 630535 SCHOLARSHIPS, AWARDS AND FELLOWSHIPS, THE UNIVERSITY OF RHODE ISLAND FOUNDATION 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. 6166361 6166361 2532634 OTHER PROGRAM SERVICES, THE UNIVERSITY OF RHODE ISLAND FOUNDATION 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. 819837 819837 336722 ALUMNI PROGRAMS, THE UNIVERSITY OF RHODE ISLAND FOUNDATION PROVIDES SOME OF ITS ANNUAL SUPPORT FROM THE UNIVERSITY TO THE UNIVERSITY OF RHODE ISLAND ALUMNI ASSOCIATION TO FUND ALUMNI PROGRAMS AND SUPPORT ORGANIZATIONAL NEEDS. 6986198 6986198 2869356 14794167 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 17 0 65 1 0 0 0 0 0 1 1 0 0 0 0 X 126 126 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 RI X X ADAM QUINLAN 4018744490 79 UPPER COLLEGE ROAD KINGSTON RI 02881 THOMAS M RYAN EXEC BOARD CHAIR 8.00 X X 0 0 0 PAUL M COFONI EXEC BOARD VICE CHAIR 4.00 X X 0 0 0 MARGO L COOK EXEC BOARD VICE CHAIR 4.00 X X 0 0 0 ALFRED J VERRECCHIA EXEC BOARD VICE CHAIR 4.00 X X 0 0 0 MARK P CHARRON EXEC BOARD TREASURER 6.00 X X 0 0 0 WENDY FIELD EXEC BOARD SECRETARY 4.00 X X 0 0 0 GERALDINE M BARBER EXECUTIVE BOARD 2.00 X 0 0 0 MICHAEL D FASCITELLI EXECUTIVE BOARD 2.00 X 0 0 0 DEBORAH A IMONDI EXECUTIVE BOARD 2.00 X 0 0 0 CHARLES H WHARTON EXECUTIVE BOARD 2.00 X 0 0 0 LAUREEN L WHITE EXECUTIVE BOARD 2.00 X 0 0 0 REP MARVIN L ABNEY BOARD MEMBER (AS OF 10/17) 2.00 X 0 0 0 LORNE A ADRAIN BOARD MEMBER 2.00 X 0 0 0 DEA T BELAZI BOARD MEMBER (AS OF 10/17) 2.00 X 0 0 0 RICHARD E BEAUPRE BOARD MEMBER (7/17 - 3/18) 2.00 X 0 0 0 MICHAEL F BRANDMEIER BOARD MEMBER 2.00 X 0 0 0 DAVID J BUCKANAVAGE BOARD MEMBER 2.00 X 0 0 0 THOMAS D CERIO III BOARD MEMBER 2.00 X 0 0 0 DIANE CHASE FANNON BOARD MEMBER (AS OF 10/17) 2.00 X 0 0 0 EDWARD B DEUTSCH BOARD MEMBER (AS OF 10/17) 2.00 X 0 0 0 WILLIAM FOULKES BOARD MEMBER 2.00 X 0 0 0 PHILLIP KYDD BOARD MEMBER 2.00 X 0 0 0 DR MARGARET S LEINEN BOARD MEMBER 2.00 X 0 0 0 CAROL J MAKOVICH BOARD MEMBER 2.00 X 0 0 0 FREDERICK J NEWTON BOARD MEMBER 2.00 X 0 0 0 JOSEPH E O'NEIL BOARD MEMBER 2.00 X 0 0 0 RUSSELL RUEFF BOARD MEMBER 2.00 X 0 0 0 DR CYNTHIA D SCULCO BOARD MEMBER 2.00 X 0 0 0 DIANE SULLIVAN BOARD MEMBER 2.00 X 0 0 0 ROBERT K VINCENT BOARD MEMBER 2.00 X 0 0 0 RAYMOND M WILLIAMS BOARD MEMBER 2.00 X 0 0 0 LISA A AHART TRUSTEE 1.00 X 0 0 0 LINDA A ANDERSON TRUSTEE 1.00 X 0 0 0 BANICE CARL BAZAR TRUSTEE 1.00 X 0 0 0 GEORGE J BEDARD TRUSTEE 1.00 X 0 0 0 BRADFORD REED BOSS TRUSTEE 1.00 X 0 0 0 EDWARD W BOUCLIN JR TRUSTEE 1.00 X 0 0 0 JOHN J BROUGH JR TRUSTEE 1.00 X 0 0 0 GUSTIN L BUONAIUTO TRUSTEE (7/17 - 4/18) 1.00 X 0 0 0 JEFFREY R CAMMANS TRUSTEE 1.00 X 0 0 0 SCOTT A CAMPBELL TRUSTEE 1.00 X 0 0 0 ANNA CANO-MORALES TRUSTEE 1.00 X 0 0 0 WESLEY R CARD TRUSTEE 1.00 X 0 0 0 MARY F CARMODY TRUSTEE 1.00 X 0 0 0 FRANK N CARUSO TRUSTEE 1.00 X 0 0 0 THOMAS M CATALDO TRUSTEE 1.00 X 0 0 0 SHANNON E CHANDLEY TRUSTEE 1.00 X 0 0 0 EDMUND D CIANCIARULO JR TRUSTEE 1.00 X 0 0 0 JOSEPH M CONFESSORE TRUSTEE 1.00 X 0 0 0 ROBERT L CONSIDINE TRUSTEE 1.00 X 0 0 0 DR WILLIAM CROASDALE III TRUSTEE 1.00 X 0 0 0 LAURA H CUNNINGHAM TRUSTEE 1.00 X 0 0 0 STEPHEN M CUNNINGHAM TRUSTEE 1.00 X 0 0 0 DR MARIE C DIBIASIO TRUSTEE 1.00 X 0 0 0 DENNIS J DUFFY TRUSTEE 1.00 X 0 0 0 KATHLEEN Y DUFFY TRUSTEE 1.00 X 0 0 0 DR HEIDI KIRK-DUFFY TRUSTEE 1.00 X 0 0 0 MARY S EDDY TRUSTEE 1.00 X 0 0 0 DR KARINA MONTILLA EDMONDS TRUSTEE 1.00 X 0 0 0 WILLIAM H EIGEN III TRUSTEE 1.00 X 0 0 0 ESTHER EMARD TRUSTEE 1.00 X 0 0 0 ALAN SHAWN FEINSTEIN TRUSTEE 1.00 X 0 0 0 GIOVANNI FEROCE TRUSTEE (7/17) 1.00 X 0 0 0 JOSEPH G FORMICOLA JR TRUSTEE 1.00 X 0 0 0 JAMES C FORTE TRUSTEE 1.00 X 0 0 0 BARRY M GERTZ TRUSTEE 1.00 X 0 0 0 GEORGE GRABOYS TRUSTEE (7/17 - 12/17) 1.00 X 0 0 0 MARY A GRAY TRUSTEE 1.00 X 0 0 0 HON WILLIAM R GUGLIETTA TRUSTEE 1.00 X 0 0 0 AUDREY B HALLBERG TRUSTEE 1.00 X 0 0 0 RICHARD J HARRINGTON TRUSTEE 1.00 X 0 0 0 ALAN G HASSENFELD TRUSTEE 1.00 X 0 0 0 MANOOG T HEDITSIAN TRUSTEE 1.00 X 0 0 0 MARY D HIGGINS TRUSTEE 1.00 X 0 0 0 ANN S HITCHEN TRUSTEE 1.00 X 0 0 0 DR JAMES E HITCHEN JR TRUSTEE 1.00 X 0 0 0 ANDREA M HOPKINS TRUSTEE 1.00 X 0 0 0 JAMES A HOPKINS TRUSTEE 1.00 X 0 0 0 SAUL KAPLAN TRUSTEE 1.00 X 0 0 0 CAROLINE TENNANT KAULL TRUSTEE 1.00 X 0 0 0 DONALD N KAULL TRUSTEE 1.00 X 0 0 0 KENNETH N KERMES TRUSTEE 1.00 X 0 0 0 KENNETH E KNOX TRUSTEE 1.00 X 0 0 0 PETER F KOHLSAAT TRUSTEE 1.00 X 0 0 0 DAVID B LEA JR TRUSTEE 1.00 X 0 0 0 MATTHEW J LEONARD TRUSTEE 1.00 X 0 0 0 JAMES W LESLIE TRUSTEE 1.00 X 0 0 0 DR RAYMOND LUNDGREN JR TRUSTEE 1.00 X 0 0 0 DR MARY P LYONS TRUSTEE 1.00 X 0 0 0 MARY D MAGEE TRUSTEE 1.00 X 0 0 0 LEO MAINELLI TRUSTEE 1.00 X 0 0 0 DAVID J MARTIRANO TRUSTEE 1.00 X 0 0 0 RAYMOND M MATHIEU TRUSTEE 1.00 X 0 0 0 SANDY S MCCREIGHT TRUSTEE 1.00 X 0 0 0 MICHAEL MCNALLY TRUSTEE 1.00 X 0 0 0 PETER J MINIATI III TRUSTEE 1.00 X 0 0 0 CHARLES E MORRIS JR TRUSTEE (7/17 - 11/17) 1.00 X 0 0 0 FRANCESCO P MORSILLI TRUSTEE 1.00 X 0 0 0 BLANCHE R MURRAY TRUSTEE 1.00 X 0 0 0 HENRY J NARDONE SR TRUSTEE 1.00 X 0 0 0 NATHANIEL NAZARETH SR TRUSTEE 1.00 X 0 0 0 DR MICHAEL A NULA TRUSTEE 1.00 X 0 0 0 JACK M PARENTE TRUSTEE 1.00 X 0 0 0 LOUISE R PEARSON TRUSTEE 1.00 X 0 0 0 CONSTANTINOS PERDIKAKIS TRUSTEE 1.00 X 0 0 0 ROBERT J PETISI TRUSTEE 1.00 X 0 0 0 YAHAIRA PLACENCIA TRUSTEE 1.00 X 0 0 0 H DOUGLAS RANDALL III TRUSTEE 1.00 X 0 0 0 PERRY RASO TRUSTEE 1.00 X 0 0 0 H MILTON READ JR TRUSTEE 1.00 X 0 0 0 EDGAR ALLAN REED TRUSTEE 1.00 X 0 0 0 RICHARD D RENDINE TRUSTEE 1.00 X 0 0 0 ERIC D ROITER TRUSTEE 1.00 X 0 0 0 MARK A ROSS TRUSTEE 1.00 X 0 0 0 ROBERT S RUSSELL TRUSTEE 1.00 X 0 0 0 VINCENT A SARNI TRUSTEE 1.00 X 0 0 0 PHILIP J SAULNIER TRUSTEE 1.00 X 0 0 0 THOMAS J SILVIA TRUSTEE 1.00 X 0 0 0 CHARLES S SOLOVEITZIK TRUSTEE 1.00 X 0 0 0 ANN M SPRUILL TRUSTEE 1.00 X 0 0 0 JANE M STICH TRUSTEE 1.00 X 0 0 0 JOHN S STRUCK TRUSTEE 1.00 X 0 0 0 DONALD P SULLIVAN TRUSTEE 1.00 X 0 0 0 NORMAN G TASHASH TRUSTEE 1.00 X 0 0 0 LOUISE H THORSON TRUSTEE 1.00 X 0 0 0 ALAN H WASSERMAN TRUSTEE 1.00 X 0 0 0 ROBERT A WEYGAND TRUSTEE 1.00 X 0 0 0 GREG WHITEHEAD TRUSTEE 1.00 X 0 0 0 MARIBETH Q WILLIAMSON TRUSTEE 1.00 X 0 0 0 CHRISTOPHER J WOLFE TRUSTEE 1.00 X 0 0 0 ALAN G ZARTARIAN TRUSTEE 1.00 X 0 0 0 DR DAVID DOOLEY EXECUTIVE BOARD, EX-OFFICI 1.00 40.00 X 0 364423 85369 ELIZABETH O'ROURKE PRESIDENT 40.00 X 326059 0 50757 ADAM QUINLAN CHIEF FINANCIAL OFFICER 40.00 X 154222 0 14281 WENDY BUCCI CHIEF OPERATIONS OFFICER 40.00 X 151741 0 31391 CLAIRE GADROW VICE PRESIDENT FOR DEVELOPMENT 40.00 X 199692 0 18467 KATHARINE FLYNN EXEC. DIR. OF CORP. & FOUNDATION 40.00 X 137356 0 39942 GARRETT WALLER ASSOC. DIR. OF DEV., ATHLETICS 40.00 X 124319 0 26384 JACQUELINE NOWELL AVP FOR DONOR RELATIONS 40.00 X 125135 0 24263 SARAH LOBDELL AVP FOR PRINCIPAL GIFTS 40.00 X 125411 0 24439 1343935 364423 315293 11 0 1 0 CAMBRIDGE & ASSOCIATES PO BOX 412015 BOSTON MA 022412015 INVESTMENT MANAGEMENT 283814 MILL CITY CONSTRUCTION INC 7 OLD GREAT ROAD LINCOLN RI 02865 CONSTRUCTION MANAGEMENT 167274 INDONESIA EDUCATION PARTNERSHIP JICIPUTAT RAYA NO 1 PONDOK PINANG JAKARTA SELATAN ID 12310 BUSINESS DEVELOPMENT 119635 WASHBURN & MCGOLDRICK LLC 24 N BRYN MAWR AVENUE 252 BRYN MAWR PA 19010 FUNDRAISING CONSULTING 115417 4 26257064 2444326 26257064 SERVICES FOR URI & AFFILIATES 611710 6076229 6076229 6076229 2054579 2054579 104182721 97071329 7111392 7111392 7111392 41499264 6076229 0 9165971 14794167 14794167 759969 227990 531979 3859858 446198 3413660 347551 39799 307752 658817 115045 543772 359547 47654 311893 36072 20072 16000 61281 61281 72000 72000 909563 909563 164740 91065 73675 380404 90217 290187 41625 35075 6550 106260 73846 32414 99662 734 98928 101014 101014 53092 53092 DUES & SUBSCRIPTIONS 139589 30393 109196 DONOR CULTIVATION 105561 3407 102154 TEMP & STUDENT HELP 62524 5325 57199 CONTRIBUTIONS, SPONSORS 22500 22500 37742 21284 16458 23173538 14794167 2373054 6006317 1112614 927399 13376576 14872022 17198232 18995968 272589 549355 34651 0 110821 201571 3168509 1167493 1914169 2001016 144676606 160146084 344874 338442 179041132 198031857 839462 470903 709012 730727 2193909 2161075 3742383 3362705 X 6077457 7442066 73828056 86360571 95393236 100866515 175298749 194669152 179041132 198031857 18325726 1044677 0 X X 0 1 X 1 0 X 30041089 22614401 14519551 19220143 26257064 112652248 30041089 22614401 14519551 19220143 26257064 112652248 112652248 1606088 1610091 1515919 1496729 2054579 8283406 120935654 19772525 0.93150 0.92710 X 72000 72000 23101538 23173538 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 72000 72000 72000 72000 288000 250000 250000 250000 250000 1000000 1500000 PART 11-A, LINE 1B, LOBBYING ACTIVITIES: THE FOUNDATION HAS HIRED PANNONE, LOPES, DEVEREAUX & WEST, LLC TO REPRESENT ITS INTEREST IN MATTERS BEFORE THE RHODE ISLAND GENERAL ASSEMBLY. 145563238 11036879 9258160 5803092 160055185 124629374 13172492 14824821 7063449 145563238 131655326 4491952 -5830538 5687366 124629374 132234176 5077932 -501285 5155497 131655326 103044263 18612154 14514252 3936493 132234176 0.01590 0.63020 0.35390 1 0 2849237 996587 1852650 319272 170906 148366 2001016 DUE TO RELATED ORGANIZATIONS 426818 DUE TO URI RESEARCH FOUNDATION 1734257 2161075 X 41634378 1044677 1044677 40589701 909563 909563 41499264 22263975 0 22263975 909563 909563 23173538 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT NET ASSETS CONSIST OF OVER 1,500 INDIVIDUAL FUNDS THAT WERE ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENTS INCLUDE BOTH DONOR IMPOSED TEMPORARILY AND PERMANENTLY RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE FOUNDATION'S EXECUTIVE BOARD TO FUNCTION AS ENDOWMENT. THE FOUNDATION ADOPTED AN INVESTMENT POLICY FOR ENDOWMENTS WITH A LONG TERM INVESTMENT OBJECTIVE TO MAINTAIN AND GROW ITS PURCHASING POWER THROUGH EARNINGS. DURING THE PERIOD OF THIS RETURN (7/1/17-6/30/18),THE SPENDING RATE IS 4.79%. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE FOUNDATION OPERATES IN A MANNER CONSISTENT WITH THEIR TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVEL. THE FOUNDATION ANNUALLY FILES IRS FORM 990 - (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THE FOUNDATION CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 22638737 0 0 0 0 0 0 22638737 0 22638737 1 1 1 0 1 0 0 UNIVERSITY OF RHODE ISLAND GREEN HALL KINGSTON RI 02881 056000522 501(C)(3) 12520954 GENERAL SUPPORT UNIVERSITY OF RHODE ISLAND ALUMNI ASSOCIATION 73 UPPER COLLEGE ROAD KINGSTON RI 02881 056015936 501(C)(3) 819837 TO SERVE THE ALUMNI OF THE UNIVERSITY OF RHODE ISLAND & PROMOTE THE INTEREST OF THE UNIVERSITY BY PROVIDING OPPORTUNITIES FOR THE PROFESSIONAL, SOCIAL AND INTELLECTUAL GROWTH OF ITS MEMBERS AND STRENGTHENING THEIR ATTACHMENT TO AND FINANCIAL SUPPORT TO THEIR ALMA MATER. UNIVERSITY OF RHODE ISLAND ALUMNI ASSOCIATION 73 UPPER COLLEGE ROAD KINGSTON RI 02881 056015936 501(C)(3) 1315890 TO SUPPORT THE ATHLETIC PROGRAMS AT THE UNIVERSITY OF RHODE ISLAND. UNIVERSITY OF RHODE ISLAND RESEARCH FOUNDATION 75 LOWER COLLEGE ROAD KINGSTON RI 02881 364644408 501(C)(3) 137486 FUNDS HELD ON BEHALF OF THE RESEARCH FOUNDATION 3 X X X 0 0 0 0 0 0 0 0 0 ELIZABETH O'ROURKE PRESIDENT 320059 0 0 0 6000 0 29036 0 21721 0 376816 0 0 0 ADAM QUINLAN CHIEF FINANCIAL OFFICER 154222 0 0 0 0 0 13610 0 671 0 168503 0 0 0 WENDY BUCCI CHIEF OPERATIONS OFFICER 151741 0 0 0 0 0 13923 0 17468 0 183132 0 0 0 CLAIRE GADROW VICE PRESIDENT FOR DEVELOPMENT 199692 0 0 0 0 0 17723 0 744 0 218159 0 0 0 KATHARINE FLYNN EXEC. DIR. OF CORP. & FOUNDATION 137356 0 0 0 0 0 12863 0 27079 0 177298 0 0 0 GARRETT WALLER ASSOC. DIR. OF DEV., ATHLETICS 124319 0 0 0 0 0 11575 0 14809 0 150703 0 0 0 X 1360 APPRAISAL X 18922 APPRAISAL X 1 4118 APPRAISAL X 1 24000 APPRAISAL X 30 674070 STOCK EXCHANGE X 1 1680000 APPRAISAL X 10 14339 COST X AUCTION ITEMS 153 24403 DONOR STATED VALUE X EQUIPMENT 1 3114 APPRAISAL 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 CURRENTLY THE FOLLOWING TRUSTEES HAVE A FAMILY RELATIONSHIP WITH EACH OTHER: MRS. LAURA H. CUNNINGHAM AND MR. STEPHEN M. CUNNINGHAM, MRS. KATHLEEN YANITY DUFFY AND MR. DENNIS J. DUFFY, MRS. CAROLINE TENNANT KAULL AND MR. DONALD N. KAULL, MRS. MARY L. VALES AND MR. MANUEL J. VALES, IV, MS. SHANNON CHANDLEY AND MR. TOM SILVIA, AND MS. ANN STEPHENSON HITCHEN AND DR. JAMES E. HITCHEN, JR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. ONCE MANAGEMENT IS SATISFIED WITH THE FORM, IT IS DISTRIBUTED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, FOLLOWING EACH URI FOUNDATION ANNUAL MEETING OF TRUSTEES, INDIVIDUALS WILL BE ASKED TO DISCLOSE TO THE URI FOUNDATION ANY PERSONAL INTEREST WHICH HE/SHE MAY HAVE IN ANY MATTER PENDING BEFORE THE ORGANIZATION AND SHALL REFRAIN FROM PARTICIPATION IN ANY DECISION ON SUCH MATTER. ANNUALLY, THE URI FOUNDATION PRESIDENT AND EXECUTIVE COMMITTEE (OR GOVERNANCE COMMITTEE) SHALL REVIEW AND MONITOR THE ANNUAL DISCLOSURE FORMS AND BRING TO THE ATTENTION OF THE EXECUTIVE COMMITTEE ANY DISCLOSED PERSONAL OR PRIVATE INTERESTS OF CONCERN FOR REVIEW. IF THERE IS REASONABLE CAUSE TO BELIEVE THAT AN INTERESTED PERSON FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE PERSONAL OR PRIVATE INTEREST, HAS DISCLOSED TO A THIRD PARTY A CONFIDENTIALITY, OR HAS ENGAGED IN A PROHIBITED ACTION, THE INDIVIDUAL WILL BE GIVEN THE OPPORTUNITY TO EXPLAIN. IF, AFTER HEARING THE RESPONSE, THE EXECUTIVE COMMITTEE BELIEVES A CONFLICT EXISTS, IT SHALL TAKE APPROPRIATE CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY THE BOARD CHAIR AND EXECUTIVE COMMITTEE CONDUCT A PERFORMANCE REVIEW AND EVALUATION OF THE PRESIDENT. THE REVIEW ALSO ESTABLISHES THE INDIVIDUAL'S COMPENSATION FOR THE FOLLOWING YEAR. THIS PROCESS INVOLVES THE EVALUATION OF THE INDIVIDUAL AND A REVIEW OF COMPENSATION OF COMPARABLE POSITIONS OBTAINED FROM THE FORM 990 OF SIMILAR ORGANIZATIONS. ANNUALLY THE EXECUTIVE BOARD APPROVES A SALARY RAISE POOL FOR THE YEAR AS PART OF THE ANNUAL BUDGET. THE PRESIDENT ESTABLISHES THE COMPENSATION OF THE SENIOR MANAGEMENT TEAM AND STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. FORM 990, PART XII, LINE 2C AUDIT COMMITTEE THE AUDIT COMMITTEE INCLUDES THE FOLLOWING: CHARLIE WHARTON - COMMITTEE CHAIR THOMAS RYAN - EXECUTIVE COMMITTEE CHAIR GEORGE J. BEDARD JOHN J. BROUGH, JR. DONALD P. SULLIVAN UNIVERSITY OF RHODE ISLAND GREEN HALL KINGSTON RI 02881 056000522 EDUCATIONAL FACILITY RI GOVERNMENT 0 UNIVERSITY OF RHODE ISLAND ALUMNI ASSOCIATION 73 UPPER COLLEGE RD KINGSTON RI 02881 056015936 SUPPORT OF EDUCATIONAL FACILITY RI 501(C)(3) LINE 5 0 UNIVERSITY OF RHODE ISLAND RESEARCH FOUNDATION 75 LOWER COLLEGE RD KINGSTON RI 02881 364644408 RESEARCH FACILITY RI 501(C)(3) LINE 7 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0