RHODE ISLAND COLLEGE FOUNDATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- RHODE ISLAND COLLEGE FOUNDATION (EIN 05-6049721)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-03-24
- IRS object ID
- 202610839349300806
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-03-24T15:31:47-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 BATTERYMARCH PARK SUITE 100 | AddressLine1Txt |
| City | QUINCY | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02169 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 056049721 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RHODE ISLAND COLLEGE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RHOD | BusinessNameControlTxt |
| Phone | 4014568407 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 MOUNT PLEASANT AVENUE | AddressLine1Txt |
| City | PROVIDENCE | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02908 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONNA ALMEIDA | PersonNm |
| Person Title | ACCOUNTING MANAGER | PersonTitleTxt |
| Phone | 4014568407 | PhoneNum |
| Signature | 2026-03-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIELLE NIHILL | PreparerPersonNm |
| PTIN | P01350943 | PTIN |
| Phone | 7817821001 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ALAN TENREIRO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 48 ALEXANDER MCGREGOR RD | AddressLine1Txt |
| City | PAWTUCKET | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02861 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $11,316,794 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.RIC.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1965 | FormationYr |
| Legal Domicile State | RI | LegalDomicileStateCd |
| Activity Or Mission | TO SOLICIT, ENCOURAGE, AND RECEIVE GIFTS AND GRANTS FOR THE BENEFIT OF RHODE ISLAND COLLEGE | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 12 | TotalEmployeeCnt |
| Total Volunteers | 18 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,558,928 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,647,236 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $714,544 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,892,139 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$1,969 | PYOtherRevenueAmt |
| CY Other Revenue | -$32,075 | CYOtherRevenueAmt |
| PY Total Revenue | $4,271,503 | PYTotalRevenueAmt |
| CY Total Revenue | $6,507,300 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,407,956 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,127,182 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $647,245 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $572,207 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $281,431 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,180,937 | PYOtherExpensesAmt |
| CY Other Expenses | $1,303,876 | CYOtherExpensesAmt |
| PY Total Expenses | $4,236,138 | PYTotalExpensesAmt |
| CY Total Expenses | $4,003,265 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $35,365 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,504,035 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $48,042,629 | TotalAssetsBOYAmt |
| Total Assets EOY | $54,347,107 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $563,669 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $486,821 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $47,478,960 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $53,860,286 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO ENCOURAGE AND RECEIVE PRIVATE AND PUBLIC SUPPORT TO ENHANCE AND EXPAND RHODE ISLAND COLLEGE'S CONTINUED TRADITION OF EDUCATIONAL EXCELLENCE. THE FOUNDATION PROVIDES SUPPORT FOR SCHOLARSHIPS, FACULTY RESEARCH GRANTS, CAPITAL IMPROVEMENTS, LECTURERS AND OTHER PROGRAMS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,127,182 | ExpenseAmt |
| Grant | $2,127,182 | GrantAmt |
| Desc | FINANCIAL SUPPORT TO RHODE ISLAND COLLEGE BY PROVIDING NEED AND MERIT-BASED SCHOLARSHIPS AND AWARDS TO 499 STUDENTS AND ASSISTANCE WITH FACULTY PROGRAMMING. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $891,118 | ExpenseAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $221,294 | ExpenseAmt |
| Desc | FINANCIAL SUPPORT TO RIC TO SUPPORT STUDENT ENGAGEMENT, LECTURES, FACULTY GRANTS AND SUPPLEMENTAL COMPENSATION AND CONFERENCES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $3,239,594 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 119 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 12 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DONNA ALMEIDA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4014568407 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 MT PLEASANT AVE | AddressLine1Txt |
| City | PROVIDENCE | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02908 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| ERIC SHOEN | ||||||
| EXECUTIVE DIRECTOR | 35.00 | Yes (X) | $0 | $0 | $0 | |
| ALAN TENREIRO | ||||||
| BOARD PRESIDENT | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| ANNE SLINEY | ||||||
| BOARD VICE PRESIDENT | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| THOMAS FITZGERALD | ||||||
| BOARD TREASURER | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| ALAN CHILLE | ||||||
| BOARD SECRETARY | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| JOYCE STEVOS | ||||||
| IMMEDIATE PAST PRESIDENT | 0.50 | $0 | $0 | $0 | Yes (X) | |
| ROBERT BROOKS | ||||||
| BOARD MEMBER | 0.50 | $0 | $0 | $0 | Yes (X) | |
| ANN MARIE DASILVA | ||||||
| BOARD MEMBER | 0.50 | $0 | $0 | $0 | Yes (X) | |
| RODERICK E DASILVA | ||||||
| BOARD MEMBER | 0.50 | $0 | $0 | $0 | Yes (X) | |
| DAVID DEPETRILLO | ||||||
| BOARD MEMBER | 0.50 | $0 | $0 | $0 | Yes (X) | |
| GARY DICENZO | ||||||
| BOARD MEMBER | 0.50 | $0 | $0 | $0 | Yes (X) | |
| FREDERICK HARRISON | ||||||
| BOARD MEMBER | 0.50 | $0 | $0 | $0 | Yes (X) | |
| GARY MOHAMED | ||||||
| BOARD MEMBER | 0.50 | $0 | $0 | $0 | Yes (X) | |
| CAROL MORETTI | ||||||
| BOARD MEMBER | 0.50 | $0 | $0 | $0 | Yes (X) | |
| KYLA PECCHIA | ||||||
| BOARD MEMBER | 0.50 | $0 | $0 | $0 | Yes (X) | |
| ARTHUR PONTARELLI | ||||||
| BOARD MEMBER | 0.50 | $0 | $0 | $0 | Yes (X) | |
| EUGENE SIMONE | ||||||
| BOARD MEMBER | 0.50 | $0 | $0 | $0 | Yes (X) | |
| BARBARA SMITH | ||||||
| BOARD MEMBER | 0.50 | $0 | $0 | $0 | Yes (X) | |
| JOHN J SMITH JR | ||||||
| BOARD MEMBER | 0.50 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOME CONSTRUCTION | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 157 | AddressLine1Txt |
| City | CUMBERLAND | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02864 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | CAPITAL IMPROVEMENTS | ServicesDesc |
| Compensation | $139,200 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $178,326 | FundraisingAmt |
| Related Organizations | $116,711 | RelatedOrganizationsAmt |
| All Other Contributions | $4,352,199 | AllOtherContributionsAmt |
| Total Contributions | $4,647,236 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,330,607 | TotalRevenueColumnAmt |
| Exclusion | $1,330,607 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,212,356 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,650,824 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $561,532 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $561,532 | TotalRevenueColumnAmt |
| Exclusion | $561,532 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $123,320 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $178,326 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $158,670 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$35,350 | TotalRevenueColumnAmt |
| Exclusion | -$35,350 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $3,275 | TotalRevenueColumnAmt |
| Exclusion | $3,275 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,275 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,507,300 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,860,064 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,127,182 | TotalAmt |
| Program Services | $2,127,182 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $499,399 | TotalAmt |
| Program Services | $197,591 | ProgramServicesAmt |
| Management And General | $143,782 | ManagementAndGeneralAmt |
| Fundraising | $158,026 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,253 | TotalAmt |
| Program Services | $7,118 | ProgramServicesAmt |
| Management And General | $6,018 | ManagementAndGeneralAmt |
| Fundraising | $5,117 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,127 | TotalAmt |
| Program Services | $8,629 | ProgramServicesAmt |
| Management And General | $7,295 | ManagementAndGeneralAmt |
| Fundraising | $6,203 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,428 | TotalAmt |
| Program Services | $3,107 | ProgramServicesAmt |
| Management And General | $15,902 | ManagementAndGeneralAmt |
| Fundraising | $13,419 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,383 | TotalAmt |
| Management And General | $52,383 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,922 | TotalAmt |
| Management And General | $46,922 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $170,203 | TotalAmt |
| Management And General | $170,203 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $194,393 | TotalAmt |
| Program Services | $194,263 | ProgramServicesAmt |
| Management And General | $130 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,580 | TotalAmt |
| Management And General | $33,580 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,587 | TotalAmt |
| Program Services | $105,587 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,171 | TotalAmt |
| Program Services | $145,171 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,583 | TotalAmt |
| Program Services | $1,583 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| GIFT FEES | $124,006 | $124,006 | |
| CULTIVATION & APPEAL | $119,035 | $23,123 | $95,912 |
| SPONSORSHIP & PROMOTION | $70,324 | $69,597 | $727 |
| RECEPTIONS | $59,618 | $59,618 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,071 | TotalAmt |
| Program Services | $173,019 | ProgramServicesAmt |
| Management And General | $6,025 | ManagementAndGeneralAmt |
| Fundraising | $2,027 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,003,265 | TotalAmt |
| Program Services | $3,239,594 | ProgramServicesAmt |
| Management And General | $482,240 | ManagementAndGeneralAmt |
| Fundraising | $281,431 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $501,650 | BOYAmt |
| EOY | $1,291,657 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,136,279 | BOYAmt |
| EOY | $1,034,161 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,547 | BOYAmt |
| EOY | $21,027 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,372 | BOYAmt |
| EOY | $97,224 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $15,700 | LandBldgEquipCostOrOtherBssAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,700 | BOYAmt |
| EOY | $15,700 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,108,816 | BOYAmt |
| EOY | $50,666,643 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,170,265 | BOYAmt |
| EOY | $1,220,695 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,042,629 | BOYAmt |
| EOY | $54,347,107 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,984 | BOYAmt |
| EOY | $131,805 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $318,685 | BOYAmt |
| EOY | $355,016 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $563,669 | BOYAmt |
| EOY | $486,821 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,089,718 | BOYAmt |
| EOY | $5,780,260 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,389,242 | BOYAmt |
| EOY | $48,080,026 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,478,960 | BOYAmt |
| EOY | $53,860,286 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,042,629 | BOYAmt |
| EOY | $54,347,107 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,504,035 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,877,291 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,512,569 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,411,670 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,743,226 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,558,928 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,647,236 | CurrentTaxYearAmt |
| Total | $17,873,629 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,512,569 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,411,670 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,743,226 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,558,928 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,647,236 | CurrentTaxYearAmt |
| Total | $17,873,629 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,220,757 | SubstantialContributorsTotAmt |
| Public Support Total170 | $14,652,872 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $551,978 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $520,830 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $803,696 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $978,136 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,330,607 | CurrentTaxYearAmt |
| Total | $4,185,247 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $267,681 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $151,038 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $195,214 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,140 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $126,595 | CurrentTaxYearAmt |
| Total | $741,668 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $22,800,544 | TotalSupportAmt |
| Public Support CY170 | 0.64270 | PublicSupportCY170Pct |
| Public Support PY170 | 0.63470 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME - 2020 AMOUNT: $ 124,019. 2021 AMOUNT: $ 144,638. 2022 AMOUNT: $ 147,512. 2023 AMOUNT: $ 1,140. 2024 AMOUNT: $ 3,275. FUNDRAISING - 2020 AMOUNT: $ 143,662. 2021 AMOUNT: $ 6,400. 2022 AMOUNT: $ 47,702. 2024 AMOUNT: $ 123,320. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $39,279,136 | BeginningYearBalanceAmt |
| Contributions | $189,290 | ContributionsAmt |
| Investment Earnings Or Losses | $5,013,957 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,246,234 | OtherExpendituresAmt |
| End Year Balance | $43,236,149 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $33,036,319 | BeginningYearBalanceAmt |
| Contributions | $2,487,416 | ContributionsAmt |
| Investment Earnings Or Losses | $5,042,719 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,287,318 | OtherExpendituresAmt |
| End Year Balance | $39,279,136 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $31,625,389 | BeginningYearBalanceAmt |
| Contributions | $1,974,721 | ContributionsAmt |
| Investment Earnings Or Losses | $1,950,154 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,513,945 | OtherExpendituresAmt |
| End Year Balance | $33,036,319 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,022,671 | BeginningYearBalanceAmt |
| Contributions | $954,561 | ContributionsAmt |
| Investment Earnings Or Losses | -$6,008,003 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,343,843 | OtherExpendituresAmt |
| End Year Balance | $31,625,386 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $28,591,646 | BeginningYearBalanceAmt |
| Contributions | $3,822,094 | ContributionsAmt |
| Investment Earnings Or Losses | $7,834,890 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,225,959 | OtherExpendituresAmt |
| End Year Balance | $38,022,671 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00247 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.99752 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,700 | OtherCostOrOtherBasisAmt |
| Book Value | $15,700 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $15,700 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEPOSITS HELD IN CUSTODY FOR OTHERS | $308,072 |
| ANNUITIES PAYABLE | $46,944 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $355,016 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $10,382,112 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $3,877,291 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $87,322 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $80,402 | OtherRevenueAmt |
| Revenue Not Reported | $4,045,015 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,337,097 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $170,203 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $170,203 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,507,300 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,000,786 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $87,322 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $80,402 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $167,724 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,833,062 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $170,203 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $170,203 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,003,265 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE ORGANIZATION HOLDS A COLLECTION OF VARIOUS PIECES OF ARTWORK WHICH, BASED ON THE FOUNDATION'S MISSION STATEMENT TO SOLICIT, ENCOURAGE AND RECEIVE GIFTS FROM PRIVATE SOURCES FOR THE BENEFIT OF RHODE ISLAND COLLEGE, SERVES AS A MEANS OF ENHANCING THE BEAUTY OF THE COLLEGE'S ACADEMIC BUILDINGS. |
| PART V, LINE 4: | THE FOUNDATION'S ENDOWMENT FUNDS EXIST IN PERPETUITY AS A MEANS TO PROVIDE SUPPORT FOR SCHOLARSHIPS, AWARDS AND PROGRAMS BASED ON DONOR INTENT. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND $106,911 IN FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | ADDITIONAL FUNDRAISING EXPENSES 80,402. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | ADDITIONAL FUNDRAISING EXPENSES 80,402. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | INAUGURAL GALA | Event1Nm |
| Gross Receipts Event1 | $193,517 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $138,431 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $55,086 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $78,107 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $7,500 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $33,040 | OtherDirectExpensesEvent1Amt |
| Event2 | COMPOST CONF | Event2Nm |
| Gross Receipts Event2 | $13,950 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $7,150 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $6,800 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $8,893 | FoodAndBeverageEvent2Amt |
| Other Events Total | 6 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $94,179 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $32,745 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $61,434 | GrossRevenueOtherEventsAmt |
| Non Cash Prizes Other Events | $1,040 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $26,415 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $3,675 | FoodAndBeverageOtherEventsAmt |
| Gross Receipts Total | $301,646 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $178,326 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $123,320 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $1,040 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $26,415 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $90,675 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $7,500 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $33,040 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $158,670 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$35,350 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RHODE ISLAND COLLEGE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 MOUNT PLEASANT AVENUE | AddressLine1Txt |
| City | PROVIDENCE | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02908 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 056049721 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $2,127,182 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | FINANCIAL 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 459 RHODE ISLAND COLLEGE STUDENTS. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | APPLICATIONS OUTLINING THE CRITERIA FOR GRANTS AND ASSISTANCE ARE REVIEWED BY THE ORGANIZATION. STUDENT INFORMATION IS VERIFIED BY THE OFFICE OF STUDENT FINANCIAL AID. SELECTION CHOICES AND AMOUNTS ARE FORWARDED TO THE OFFICE OF FINANCIAL AID AND POSTED TO THE STUDENT'S FINANCIAL ACCOUNT. APPLICATIONS ARE MAINTAINED ACCORDING TO THE ORGANIZATION'S RECORD RETENTION POLICY. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,200 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | GIFTS FOR GALA | Desc |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $23,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE EXECUTIVE DIRECTOR, PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER AND IMMEDIATE PAST PRESIDENT OF THE CORPORATION AND SUCH OTHER OFFICERS OR DIRECTORS DEEMED NECESSARY BY THE BOARD OF DIRECTORS TO SERVE ON THE EXECUTIVE COMMITTEE. WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS, AS PROVIDED UNDER THE RHODE ISLAND NON-PROFIT CORPORATION ACT. THE EXECUTIVE COMMITTEE SHALL REPORT ANY ACTION TAKEN BY IT TO THE BOARD OF DIRECTORS AT ITS NEXT MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FULL 990 IS EMAILED/MAILED TO ALL BOARD MEMBERS AT LEAST A WEEK PRIOR TO A MEETING. QUESTIONS/CONCERNS/CORRECTIONS ARE SOLICITED PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH BOARD MEMBER IS REQUIRED TO COMPLETE AND SIGN AN AGREEMENT ACKNOWLEDGING THAT IN THE EVENT THAT ANY AND ALL CONFLICT(S) OF INTEREST EXIST, BOARD MEMBERS MUST DECLARE THE CONFLICT OF INTEREST AND IF A CONFLICT IS NOTED THE BOARD MEMBER MUST ABSTAIN FROM ANY VOTE WHERE A CONFLICT EXISTS. THIS PROCESS TAKES PLACE ANNUALLY AND IS MONITORED BT THE GOVERNANCE COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF THE COLLEGE. THE FOUNDATION, THROUGH THE BUDGET PROCESS, HAS AGREED TO PAY A PORTION OF THEIR SALARY. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION'S GOVERNANCE STRUCTURE, AUDITED FINANCIAL STATEMENTS, FORM 990S AND ANNUAL REPORTS ARE AVAILABLE FOR VIEWING VIA THE FOUNDATION'S WEBSITE. |
| PART XII, LINE 2C: | THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE HIRING OF AUDITORS AND OVERSIGHT OF THE ANNUAL AUDIT OF FINANCIAL STATEMENTS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| RHODE ISLAND COLLEGE | |||||||||
| 600 MT PLEASANT AVENUE | PROVIDENCE | RI | 02908 | 056049721 | PUBLIC COLLEGE | RI | 501(C)(3) | LINE 6 | 0 |
| RHODE ISLAND COLLEGE ALUMNI ASSOCIATION | |||||||||
| 600 MT PLEASANT AVENUE | PROVIDENCE | RI | 02908 | 056051361 | SUPPORT OF PROGRAMS AND STUDENTS OF RHODE ISLAND COLLEGE | RI | 501(C)(3) | LINE 5 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| RHODE ISLAND COLLEGE ALUMNI ASSOCIATION | ||
| B | $125,000 | GRANTS PAYABLE |
| RHODE ISLAND COLLEGE | ||
| B | $727,254 | ACTUAL EXPENSE |
| RHODE ISLAND COLLEGE | ||
| P | $192,725 | AMOUNT RECEIVED |
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