2016-05-13T14:47:22-05:00 2015-06-30 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2014-07-01 056014351 UNIVERSITY OF RHODE ISLAND FOUNDATION UNIV 4018747900 79 UPPER COLLEGE ROAD KINGSTON RI 02881 ADAM QUINLAN CFO 4018744490 2016-05-13 1 DEBORAH A HOPKINS P00167843 4012742001 2014 2016-08-17 19:52:53Z ADAM QUINLAN 79 UPPER COLLEGE ROAD KINGSTON RI 02881 57527983 0 X WWW.URIFOUNDATION.ORG X 1957 RI TO INSPIRE AND STEWARD PHILANTHROPIC SUPPORT BENEFITTING THE UNIVERSITY OF RHODE ISLAND. 173 172 47 149 0 0 30041089 22614401 3159520 3471635 4963664 3426940 0 0 38164273 29512976 12814983 12379184 0 0 4088836 4365005 0 0 4575739 1786363 1800007 18690182 18544196 19474091 10968780 164436007 171712360 1476568 1082424 162959439 170629936 X TO INSPIRE AND STEWARD PHILANTHROPIC SUPPORT BENEFITTING THE UNIVERSITY OF RHODE ISLAND. 0 0 1723941 1723941 483464 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. 3196765 3196765 896505 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. 1909054 1909054 535378 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. 5030168 5030168 1037032 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. 519256 519256 519256 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. 5549424 5549424 1556288 12379184 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 17 0 47 1 0 0 0 0 0 0 0 0 0 0 X 173 172 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 LORNE A ADRAIN EXEC BOARD CHAIR 8.00 X X 0 0 0 MARGO L COOK EXEC BOARD VICE CHAIR 4.00 X X 0 0 0 MICHAEL D FASCITELLI EXEC BOARD VICE CHAIR 4.00 X X 0 0 0 MARK P CHARRON EXEC BOARD VICE CHAIR 4.00 X X 0 0 0 PAUL M COFONI 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 RICHARD E BEAUPRE EXECUTIVE BOARD 2.00 X 0 0 0 DR KARINA MONTILLA EDMONDS EXECUTIVE BOARD 2.00 X 0 0 0 JAMES A HOPKINS EXECUTIVE BOARD 2.00 X 0 0 0 SEN PAUL V JABOUR EXECUTIVE BOARD 2.00 X 0 0 0 PHILLIP KYDD EXECUTIVE BOARD 2.00 X 0 0 0 DR MARGARET S LEINEN EXECUTIVE BOARD 2.00 X 0 0 0 CAROL J MAKOVICH EXECUTIVE BOARD 2.00 X 0 0 0 FREDERICK J NEWTON EXECUTIVE BOARD 2.00 X 0 0 0 THOMAS M RYAN EXECUTIVE BOARD 2.00 X 0 0 0 DR CYNTHIA D SCULCO EXECUTIVE BOARD 2.00 X 0 0 0 THOMAS J SILVIA EXECUTIVE BOARD 2.00 X 0 0 0 ALFRED J VERRECCHIA EXECUTIVE BOARD 2.00 X 0 0 0 ROBERT K VINCENT 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 RAYMOND M WILLIAMS EXECUTIVE BOARD 2.00 X 0 0 0 ALAN G ZARTARIAN EXECUTIVE BOARD 2.00 X 0 0 0 LISA A AHART TRUSTEE 1.00 X 0 0 0 DR FRANCES M ALEXAKOS 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 BRUCE ALAN BEAUCHAMP 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 ROSWELL S BOSWORTH JR TRUSTEE 1.00 X 0 0 0 EDWARD W BOUCLIN JR TRUSTEE 1.00 X 0 0 0 GARY J BOWEN TRUSTEE 1.00 X 0 0 0 LAUREL L BOWERMAN TRUSTEE 1.00 X 0 0 0 MICHAEL F BRANDMEIER TRUSTEE 1.00 X 0 0 0 JOHN F BRENNAN JR TRUSTEE 1.00 X 0 0 0 JOHN J BROUGH JR TRUSTEE 1.00 X 0 0 0 DAVID J BUCKANAVAGE TRUSTEE 1.00 X 0 0 0 GUSTIN L BUONAIUTO TRUSTEE 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 CARD TRUSTEE 1.00 X 0 0 0 DR ALBERT E CARLOTTI JR 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 THOMAS D CERIO III TRUSTEE 1.00 X 0 0 0 SHANNON E CHANDLEY TRUSTEE 1.00 X 0 0 0 RAYMOND H CHRISTOPHER JR 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 RONALD D DENELLE TRUSTEE 1.00 X 0 0 0 DR MARIE C DIBIASIO TRUSTEE 1.00 X 0 0 0 LAURA H DISANO 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 WILLIAM H EIGEN III TRUSTEE 1.00 X 0 0 0 ESTHER EMARD TRUSTEE 1.00 X 0 0 0 THOMAS V FALCIGLIA TRUSTEE 1.00 X 0 0 0 J TERENCE FEELEY TRUSTEE 1.00 X 0 0 0 ALAN SHAWN FEINSTEIN TRUSTEE 1.00 X 0 0 0 GIOVANNI FEROCE TRUSTEE 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 RAYMOND P FREITAS TRUSTEE 1.00 X 0 0 0 ELIA GERMANI TRUSTEE 1.00 X 0 0 0 BARRY M GERTZ TRUSTEE 1.00 X 0 0 0 KATHLEEN C GOULDING TRUSTEE 1.00 X 0 0 0 GEORGE GRABOYS TRUSTEE 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 MAUREEN E GURGHIGIAN TRUSTEE 1.00 X 0 0 0 GEORGE HADFIELD III TRUSTEE 1.00 X 0 0 0 AUDREY B HALLBERG TRUSTEE 1.00 X 0 0 0 DR SUSAN L HAMMEN-WINN 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 PAUL HASTINGS 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 ROBERT J 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 RUSSELL D IDE TRUSTEE 1.00 X 0 0 0 DEBORAH A IMONDI 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 JOSEPH J KIRBY 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 STEPHEN C LANDES TRUSTEE 1.00 X 0 0 0 DAVID B LEA JR TRUSTEE 1.00 X 0 0 0 JAMES W LESLIE TRUSTEE 1.00 X 0 0 0 THOMAS J LIGUORI JR TRUSTEE 1.00 X 0 0 0 DR RAYMOND LUNDGREN JR TRUSTEE 1.00 X 0 0 0 ARMANDO F LUSI 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 MARK H 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 MICHAEL N MATONE 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 EARLE L MESSERE TRUSTEE 1.00 X 0 0 0 ROBERT S MESSINGER JR TRUSTEE 1.00 X 0 0 0 PETER J MINIATI III TRUSTEE 1.00 X 0 0 0 FRANK P MORMANDO JR TRUSTEE 1.00 X 0 0 0 CHARLES E MORRIS JR TRUSTEE 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 WARREN A NEGRI JR TRUSTEE 1.00 X 0 0 0 GLENN S PALMER TRUSTEE 1.00 X 0 0 0 JOHN J PALUMBO SR TRUSTEE 1.00 X 0 0 0 JOHN 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 B MICHAEL RAUH TRUSTEE 1.00 X 0 0 0 DR MARY S RAVIN TRUSTEE 1.00 X 0 0 0 H MILTON READ JR TRUSTEE 1.00 X 0 0 0 JAMES H READYHOUGH 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 JOHN A ROMANO TRUSTEE 1.00 X 0 0 0 ANTHONY J ROSE JR TRUSTEE 1.00 X 0 0 0 MARK A ROSS TRUSTEE 1.00 X 0 0 0 RUSSELL RUEFF TRUSTEE 1.00 X 0 0 0 EDMUND S RUMOWICZ TRUSTEE 1.00 X 0 0 0 MADELYN G RUMOWICZ 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 PHILLIP J SAULNIER TRUSTEE 1.00 X 0 0 0 RICHARD A SODERBERG 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 DIANE SULLIVAN TRUSTEE 1.00 X 0 0 0 DONALD P SULLIVAN TRUSTEE 1.00 X 0 0 0 TIMOTHY J 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 MANUEL J VALES IV TRUSTEE 1.00 X 0 0 0 MARY L VALES TRUSTEE 1.00 X 0 0 0 JOSEPH N WALLER TRUSTEE 1.00 X 0 0 0 ALAN H WASSERMAN TRUSTEE 1.00 X 0 0 0 DAVID S WATSON 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 KURT R WICKS TRUSTEE 1.00 X 0 0 0 DAVID R WILKES TRUSTEE 1.00 X 0 0 0 MARIBETH Q WILLIAMSON TRUSTEE 1.00 X 0 0 0 MARY ELLEN WILSON TRUSTEE 1.00 X 0 0 0 CHRISTOPHER J WOLFE TRUSTEE 1.00 X 0 0 0 DR DAVID DOOLEY EXECUTIVE BOARD, EX-OFFICI 1.00 40.00 X 0 326095 53768 MICHAEL SMITH PRESIDENT (7/14-5/15) 40.00 X 269477 0 53413 WENDY BUCCI CHIEF OPERATIONS OFFICER 40.00 X 135546 0 32341 MERELISE A HITTE DIR. OF FINANCE (7/14-10/14) 40.00 X 93292 0 24243 KATHARINE FLYNN DIR. OF CORP. & FOUNDATION 40.00 X 125985 0 31461 MARK NOLL ASSOC. VP FOR RESEARCH & D 40.00 X 124431 0 27807 GARRETT WALLER ASSOC. ATHLETIC DIR. OF DEV. 40.00 X 120831 0 30976 MYRNA BIZER SR. DIR. OF DEV., COLLEGE OF PHARM. 40.00 X 107308 0 29736 JACQUELINE NOWELL ASSOC. VP FOR DEVELOPMENT 40.00 X 101692 0 25836 1078562 326095 309581 7 0 1 0 CAMBRIDGE & ASSOCIATES 32 WARREN STREET CAMBRIDGE MA 02141 INVESTMENT ADVISORS 135303 1 22614401 2107818 22614401 SERVICES FOR URI & AFFILIATES 611710 3471635 3471635 3471635 1610091 1610091 29831856 28015007 1816849 1816849 1816849 29512976 3471635 0 3426940 12379184 12379184 566768 167390 399378 2784657 163876 2620781 231331 13602 217729 528071 139973 388098 254178 26086 228092 29017 3802 25215 49450 47950 1500 72000 72000 652279 652279 73379 3028 70351 255977 51665 204312 17187 2675 14512 94654 62240 32414 75587 478 75109 88002 88002 33015 33015 DONOR CULTIVATION 198054 102843 95211 DUES & SUBSCRIPTIONS 70298 7363 62935 TEMPORARY & STUDENT HEL 69828 12616 57212 PROFESSIONAL DEVELOPMEN 10890 10890 10390 10390 18544196 12379184 1589273 4575739 7136416 11327507 17479639 21946969 26664 23863 41142 2937055 1002096 1990461 1934959 137381262 134267502 424366 2167617 164436007 171712360 546658 274431 696906 673693 134300 233004 0 1476568 1082424 X 7749208 7809575 75881434 78569398 79328797 84250963 162959439 170629936 164436007 171712360 10968780 -3298283 0 X X 0 1 X 1 0 X 13777220 15432289 13252614 30041089 22614401 95117613 13777220 15432289 13252614 30041089 22614401 95117613 2261069 92856544 1848146 2172432 1605468 1606088 1610091 8842225 103959838 15932538 0.89320 0.87390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 72000 72000 18472196 18544196 1000000 250000 0 0 1000000 1000000 1500000 72000 72000 250000 250000 375000 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. 132234176 5077932 -501285 5155497 131655326 103044263 18612154 14514252 3936493 132234176 96608214 3701154 8553208 5818313 103044263 94896874 261238 3936120 2486018 96608214 106690779 2408544 -14202449 94896874 0.01850 0.63990 0.34160 1 0 2643004 789061 1853943 294051 213035 81016 1934959 X 25562414 -3298283 -3298283 28860697 652279 652279 29512976 17891917 0 17891917 652279 652279 18544196 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT NET ASSETS CONSIST OF OVER 1,000 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 (7/1/14-6/30/15),THE SPENDING RATE IS 4.7%. 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 ALSO ANNUALLY FILES IRS FORM 990T - EXEMPT ORGANIZATION'S BUSINESS INCOME TAX RETURN, FOR ALL OF ITS FOREIGN INVESTMENT DISCLOSURE REQUIREMENTS. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY WERE FILED. THE TAX RETURNS FOR YEARS ENDING JUNE 30, 2012, 2013 AND 2014 ARE SUBJECT TO EXAMINATION BY THE IRS. THE FOUNDATION CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. 0 UNIVERSITY OF RHODE ISLAND GREEN HALL KINGSTON RI 02881 056000522 501(C)(3) 10625678 GENERAL SUPPORT UNIVERSITY OF RHODE ISLAND ALUMNI ASSOCIATION 73 UPPER COLLEGE ROAD KINGSTON RI 02881 056015936 501(C)(3) 519256 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) 1234250 TO SUPPORT THE ATHLETIC PROGRAMS AT THE UNIVERSITY OF RHODE ISLAND. 2 X X X 1 0 0 0 0 0 0 0 0 MICHAEL SMITH PRESIDENT (7/14-5/15) 259877 0 0 0 9600 0 23407 0 30006 0 322890 0 0 0 WENDY BUCCI CHIEF OPERATIONS OFFICER 135546 0 0 0 0 0 12211 0 20130 0 167887 0 0 0 KATHARINE FLYNN DIR. OF CORP. & FOUNDATION 125985 0 0 0 0 0 11354 0 20107 0 157446 0 0 0 MARK NOLL ASSOC. VP FOR RESEARCH & D 124431 0 0 0 0 0 11210 0 16597 0 152238 0 0 0 GARRETT WALLER ASSOC. ATHLETIC DIR. OF DEV. 120831 0 0 0 0 0 10881 0 20095 0 151807 0 0 0 PART I, LINE 4A MICHAEL SMITH, PRESIDENT, RECEIVED $134,300 IN A SEVERANCE PACKAGE FROM THE ORGANIZATION. MICHAEL SMITH PRESIDENT SEVERANCE PACKAGE X 134300 134300 0 1 1 134300 X 1 500 APPRAISAL X 46827 APPRAISAL X 89784 APPRAISAL X 43 1891892 STOCK EXCHANGE X 7 7292 COST X EQUIPMENT 17 41805 APPRAISAL X AUCTION ITEMS 127 28447 DONOR STATED VALUE X COLLECTION 1 1271 APPRAISAL 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 CURRENTLY AS TRUSTEES THE FOLLOWING RELATIONSHIPS EXIST: MRS. LAURA H. CUNNINGHAM AND MR. STEPHEN M. CUNNINGHAM, MRS. KATHLEEN YANITY DUFFY AND MR. DENNIS J. DUFFY, MRS. MARY DANIELIAN HIGGINS AND MR. ROBERT JOSEPH HIGGINS, MRS. CAROLINE TENNANT KAULL AND MR. DONALD N. KAULL, MRS. MARY L VALES AND MR. MANUEL J. VALES, IV, AND MS. ANN STEPHENSON HITCHEN AND DR. JAMES E. HITCHEN ARE ALL MARRIED COUPLES. MRS. MADELYN GEISSER RUMOWICZ AND MR. EDMUND STANLEY RUMOWICZ ARE A DIVORCED COUPLE. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED AND A COPY IS SENT TO THE FINANCE COMMITTEE. 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 CONDUCTS 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. 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. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS. FORM 990, PART XII, LINE 2C AUDIT COMMITTEE THE AUDIT COMMITTEE INCLUDES THE FOLLOWING: THOMAS J. SILVIA - COMMITTEE CHAIR GEORGE J. BEDARD JOHN J. BROUGH, JR. LORNE A. ADRAIN - BOARD CHAIR 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 0 1 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0