2026-05-13T11:49:48-05:00 2025-06-30 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2024-07-01 056014351 UNIVERSITY OF RHODE ISLAND FOUNDATION & ALUMNI ENGAGEMENT UNIV 4018747900 79 UPPER COLLEGE ROAD KINGSTON RI 02881 ADAM QUINLAN CFO 4018744490 2026-05-13 1 1 PATRICK J MARTIN P00283486 4012742001 2026-05-13 2024 2025-03-06 01:10:19Z ADAM QUINLAN 79 UPPER COLLEGE ROAD KINGSTON RI 02881 122849638 0 X WWW.URIFAE.ORG X 1957 RI THE URI FOUNDATION UNITES PASSION AND PURPOSE BY ENGAGING ALUMNI, DONORS, AND FRIENDS TO STRENGTHEN THE UNIVERSITY OF RHODE ISLAND'S GROWTH THROUGH GENEROSITY, IMPACT, AND ENDURING CONNECTIONS. 31 31 86 53 36883 12893 25396933 82944527 7085813 7103000 6598720 21618752 67260 69205 39148726 111735484 17758493 18711547 0 0 9589037 9812905 0 0 8177978 5498608 5273466 32846138 33797918 6302588 77937566 320009256 413715227 6753794 8943913 313255462 404771314 X THE URI FOUNDATION UNITES PASSION AND PURPOSE BY ENGAGING ALUMNI, DONORS, AND FRIENDS TO STRENGTHEN THE UNIVERSITY OF RHODE ISLAND'S GROWTH THROUGH GENEROSITY, IMPACT, AND ENDURING CONNECTIONS. 0 0 745861 745861 283133 BUILDING AND EQUIPMENT, THE UNIVERSITY OF RHODE ISLAND FOUNDATION AND ALUMNI ENGAGEMENT (URIFAE) RECEIVES GIFTS ON BEHALF OF DONORS THAT ARE RESTRICTED TO SUPPORT BUILDING AND EQUIPMENT INITIATIVES THROUGH THE UNIVERSITY CAMPUS. 7262453 7262453 2756865 PROGRAM SERVICES, THE UNIVERSITY OF RHODE ISLAND FOUNDATION AND ALUMNI ENGAGEMENT 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. 3879223 3879223 1472573 SCHOLARSHIPS, AWARDS AND FELLOWSHIPS, THE UNIVERSITY OF RHODE ISLAND FOUNDATION AND ALUMNI ENGAGEMENT 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. 6824010 6824010 2590429 OTHER PROGRAM SERVICES, THE UNIVERSITY OF RHODE ISLAND FOUNDATION AND ALUMNI ENGAGEMENT 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. 6824010 6824010 2590429 18711547 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 24 0 1 86 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 31 31 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 RI X X ADAM QUINLAN 4018744490 79 UPPER COLLEGE ROAD KINGSTON RI 02881 ALLISON LADD BOARD MEMBER 2.00 X 0 0 0 ANDREA TARBOX BOARD MEMBER 2.00 X 0 0 0 COLLEEN GOUVEIA MOULTON BOARD MEMBER 2.00 X 0 0 0 DANIEL G LOWNEY BOARD MEMBER 2.00 X 0 0 0 DEA T BELAZI BOARD MEMBER 2.00 X 0 0 0 DEBORAH A IMONDI BOARD MEMBER/INVEST. COMM 2.00 X 0 0 0 DIANE CHACE FANNON BOARD MEMBER/MARKETING & COMMUNICATIONS 2.00 X 0 0 0 EDWARD B DEUTSCH BOARD MEMBER (TO 12/24) 2.00 X 0 0 0 HAROLD HORVAT BOARD MEMBER 2.00 X 0 0 0 JAY HART BOARD MEMBER 2.00 X 0 0 0 JESSE BAKER BOARD MEMBER 2.00 X 0 0 0 JOHN J BROUGH JR BOARD MEMBER/AUDIT COMMITTEE 2.00 X 0 0 0 JOHN PRIORE BOARD MEMBER 2.00 X 0 0 0 KENNETH HYLANDER BOARD MEMBER 2.00 X 0 0 0 KEVIN M LOPES BOARD MEMBER 2.00 X 0 0 0 LOUIS R GIANCOLA BOARD MEMBER 2.00 X 0 0 0 LOUISE M MOWINCKEL BOARD MEMBER/SECRETARY (TO 10/24) 2.00 X 0 0 0 MARC B PARLANGE BOARD MEMBER 2.00 X 0 0 0 MARCIA A COSTELLO BOARD MEMBER 2.00 X 0 0 0 MARIANNE GATTINELLA BOARD MEMBER 2.00 X 0 0 0 MARK ANTONUCCI CHIEF EXECUTIVE OFFICER (AS OF 4/25) 40.00 X X 0 0 0 MICHAEL ANDREOZZI BOARD MEMBER 2.00 X 0 0 0 MICHAEL ICE BOARD MEMBER 2.00 X 0 0 0 MICHELE A NOTA BOARD MEMBER 2.00 X 0 0 0 NICOLE NOYA BOARD MEMBER 2.00 X 0 0 0 RACHEL M BARBER BOARD MEMBER (7/24-6/25) 2.00 X 0 0 0 RAYMOND M WILLIAMS CHAIR /BOARD MEMBER 4.00 X X 0 0 0 RICHARD J HARRINGTON BOARD MEMBER 2.00 X 0 0 0 S KENT FANNON BOARD MEMBER 2.00 X 0 0 0 SANDRA PARRILLO BOARD MEMBER 2.00 X 0 0 0 STEVEN R FRAZIER BOARD MEMBER 2.00 X 0 0 0 SULINA M MOHANTY BOARD MEMBER 2.00 X 0 0 0 SUSAN FORMAN BOARD MEMBER 2.00 X 0 0 0 TRUDY C COLEMAN TREASURER 2.00 X X 0 0 0 WILLIAM FLYNN BOARD MEMBER 2.00 X 0 0 0 ADAM QUINLAN CFO AND VP OF ERM 40.00 X 265640 0 44469 ELIZABETH O'ROURKE PRESIDENT (TO 12/24) 40.00 X 467258 0 52730 WENDY BUCCI CHIEF OPERATIONS OFFICER 40.00 X 206111 0 32293 G ERIC SCHONEWALD AVP DEVELOPMENT, HEALTH INITIATIVES 40.00 X 167404 0 38191 JACQUELINE NOWELL ASSOCIATE VICE PRESIDENT, ENGAGEMENT 37.50 X 152062 0 30106 JOAO GARCIA ASSISANT VICE PRESIDENT, ANNUAL INITIATIVES 40.00 X 171499 0 31550 KATHARINE FLYNN EXEC. DIR. OF CORP. & FOUN 40.00 X 169397 0 31906 SARAH LOBDELL VP FOR DEVELOPMENT 40.00 X 269469 0 45092 1868840 0 306337 24 0 1 0 PATRIDGE SNOW & HAHN 40 WESTMINSTER ST SUITE 1100 PROVIDENCE RI 02903 LEGAL SERVICES 231149 PLDO STRATEGIES 1301 ATWOOD AVE SUITE 215N JOHNSTON RI 02919 LEGAL SERVICES 120000 2 29928 82914599 3649999 82944527 SERVICES FOR URI 611710 7103000 7103000 7103000 5063106 36883 5026223 26979779 616874 10427316 613691 16552463 3183 16555646 16555646 93394 29928 57280 36114 36114 48958 15867 33091 33091 111735484 7103000 36883 21651074 18711547 18711547 1261540 378462 883078 6294522 1831887 4462635 558451 173876 384575 1096451 340541 755910 601941 186677 415264 199359 199359 106298 106298 120000 120000 2432452 2432452 198671 140200 58471 501567 187933 313634 234661 197526 37135 100589 29314 71275 146438 146438 162636 162636 DONOR CULTIVATION 560566 222618 337948 DUES & SUBSCRIPTIONS 381766 61471 320295 TEMP & STUDENT HELP 76834 69448 7386 SPONSORSHIP & AWARDS 34568 24508 10060 17061 16749 312 33797918 18711547 6908393 8177978 2316977 2070307 21839880 23532489 10765865 71254802 488185 399400 268370 445598 3469584 1907319 1628796 1562265 124414545 118260269 158208237 196134642 78401 55455 320009256 413715227 1478965 1069250 1489352 1640627 3785477 6234036 6753794 8943913 X 13567552 16067072 299687910 388704242 313255462 404771314 320009256 413715227 77937566 13578286 0 X X 0 1 X 1 0 X 33747251 23818197 20385343 25396933 21312692 124660416 33747251 23818197 20385343 25396933 21312692 124660416 19645432 105014984 4163075 6193407 5198718 4918161 5026223 25499584 36883 36883 150196883 34060848 0.69920 0.76950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 120000 120000 33677918 33797918 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 72000 104000 120000 120000 416000 250000 250000 250000 250000 1000000 1500000 PART 11-A, LINE 1B, LOBBYING ACTIVITIES: URIFAE HAS HIRED PANNONE, LOPES, DEVEREAUX & WEST, LLC TO REPRESENT ITS INTEREST IN MATTERS BEFORE THE RHODE ISLAND GENERAL ASSEMBLY. 257807521 69537904 29813651 11966243 345192833 232914846 10157655 25680683 10945663 257807521 218345225 6763767 17934484 10128630 232914846 239252821 11447123 -25006890 7347829 218345225 179037117 14993986 53066896 7845178 239252821 0.01943 0.59778 0.38280 0 0 3000703 1547794 1452909 468881 359525 109356 1562265 OTHER SECURITIES 196134642 F 196134642 DUE TO RELATED ORGANIZATIONS 5202031 DUE TO URI RESEARCH FOUNDATION 1032005 6234036 X 123030288 13578286 148970 13727256 109303032 2432452 2432452 111735484 31514436 148970 148970 31365466 2432452 2432452 33797918 PART V, LINE 4: URIFAE ENDOWMENT NET ASSETS CONSIST OF OVER 1,200 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 URIFAE'S BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENT. URIFAE 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 (7/1/24-6/30/25),THE SPENDING RATE IS 5.05%. 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 ITS TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVELS. 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 990-T, EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN, FOR ALL OF ITS FOREIGN INVESTMENT DISCLOSURE REQUIREMENTS. FOR FEDERAL INCOME TAX PURPOSES, THE LLC IS A DISREGARDED ENTITY, AND THE RESULTS OF ITS OPERATIONS ARE REPORTED IN THE FORM 990 OF THE FOUNDATION, ITS SOLE MEMBER. FOR RHODE ISLAND CORPORATE INCOME TAX PURPOSES, THE LLC FILES A CORPORATE INCOME TAX RETURN AND IS SUBJECT TO THE ANNUAL RHODE ISLAND MINIMUM CORPORATE FRANCHISE TAX. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY WERE FILED. THERE ARE NO TAX EXAMINATIONS IN PROGRESS FOR EITHER ENTITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: EVENT EXPENSES 73,147. REDUCTION IN PAYABLE TO URI RESEARCH FOUNDATION 75,823. PART XI, LINE 4B - OTHER ADJUSTMENTS: REDUCTION IN PAYABLE TO URI RESEARCH FOUNDATION PART XII, LINE 2D - OTHER ADJUSTMENTS: EVENT EXPENSES 73,147. REDUCTION IN PAYABLE TO URI RESEARCH FOUNDATION 75,823. PART XII, LINE 4B - OTHER ADJUSTMENTS: REDUCTION IN PAYABLE TO URI RESEARCH FOUNDATION CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS.LIST 74 _ 2TTHOMPSON - 01/07/19 08:23 AM WORKSHEET SCHEDULE F - STATEMENT OF APER CLIENT 47425704 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 10522650 0 0 0 0 0 0 57948354 0 57948354 1 0 1 1 1 0 MEN'S TRACK AND FIELD 18706 3218 15488 9838 538 5TH QRT. FOOTBALL 44684 7560 37124 19132 1478 3 59932 19150 40782 26294 123322 29928 93394 55264 2016 57280 36114 48958 15867 0 48958 15867 15867 33091 RI 1 0 0 0 0 0 1 UNIVERSITY OF RHODE ISLAND GREEN HALL KINGSTON RI 02881 056000522 501(C)(3) 18711547 0 GENERAL PROGRAM EXPENDITURES FROM DONOR RESTRICTED FUNDS 1 PART I, LINE 2: USE OF FUNDS ARE MONITORED THROUGH A REVIEW PROCESS OF EACH REQUEST TO ENSURE THE EXPENSES ARE IN LINE WITH THE FUNDING PURPOSE. X X X 1 1 0 1 0 0 0 0 0 ELIZABETH O'ROURKE PRESIDENT (TO 12/24) 386221 0 75037 0 6000 0 35186 0 17544 0 519988 0 0 0 SARAH LOBDELL VP FOR DEVELOPMENT 230028 0 34941 0 4500 0 21278 0 23814 0 314561 0 0 0 ADAM QUINLAN CFO AND VP OF ERM 224342 0 41298 0 0 0 20659 0 23810 0 310109 0 0 0 WENDY BUCCI CHIEF OPERATIONS OFFICER 172117 0 33994 0 0 0 16048 0 16245 0 238404 0 0 0 G ERIC SCHONEWALD AVP DEVELOPMENT, HEALTH INITIATIVES 167404 0 0 0 0 0 15530 0 22661 0 205595 0 0 0 JOAO GARCIA ASSISANT VICE PRESIDENT, ANNUAL INIT 166249 0 5250 0 0 0 15336 0 16214 0 203049 0 0 0 KATHARINE FLYNN EXEC. DIR. OF CORP. & FOUN 169397 0 0 0 0 0 15709 0 16197 0 201303 0 0 0 JACQUELINE NOWELL ASSOCIATE VICE PRESIDENT, ENGAGEMENT 150062 0 2000 0 0 0 13938 0 16168 0 182168 0 0 0 PART I, LINE 1B BONUSES ARE DISCRETIONARY AND NOT GUARANTEED. AMOUNTS, IF ANY, ARE DETERMINED FOLLOWING AN ANNUAL PERFORMANCE EVALUATION BASED ON ACHIEVEMENT OF SPECIFIC PERFORMANCE GOALS AND OVERALL ORGANIZATIONAL PERFORMANCE. BONUS COMPENSATION MAY VARY FROM YEAR TO YEAR AND IS SUBJECT TO APPROVAL PURSUANT TO ORGANIZATIONAL POLICY. PART I, LINES 4A-B ELIZABETH O'ROURKE 457B NON QUALIFIED RETIREMENT PLAN AND SEVERANCE PAY. SEVERANCE PAY DID NOT START UNTIL JANUARY 1, 2025. X 13902 FMV X 54 3305890 FMV X 4 14505 COST X EQUIPMENT 10 315702 FMV 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 CURRENTLY THE FOLLOWING BOARD MEMBERS HAVE A FAMILY RELATIONSHIP WITH EACH OTHER: S. KENT FANNON AND DIANE CHASE FANNON. 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. UPON APPROVAL OF THE AUDIT COMMITTEE, THE FORM 990 IS MADE AVAILABLE TO THE BOARD FOR FEEDBACK OR QUESTIONS BEFORE FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C INDIVIDUALS WILL BE ASKED TO DISCLOSE TO THE URI FOUNDATION & ALUMNI ENGAGEMENT 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 AND ALUMNI ENGAGEMENT 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 EXECUTIVE COMMITTEE OF THE BOARD CONDUCTS A PERFORMANCE REVIEW AND EVALUATION OF THE PRESIDENT TO DETERMINE COMPENSATION AND BONUS FOR THE FOLLOWING YEAR. THE PRESIDENT CONDUCTS PERFORMANCE REVIEWS AND EVALUATIONS OF SENIOR LEADERSHIP AND PROVIDES COMPENSATION RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE FOR THEIR REVIEW AND APPROVAL. THIS PROCESS INVOLVES THE REVIEW OF COMPARABLE COMPENSATION OF SIMILAR POSITIONS. ANNUALLY THE BOARD APPROVES THE ANNUAL BUDGET WHICH INCLUDES THE SALARY RAISE POOL. THE PRESIDENT ESTABLISHES THE COMPENSATION OF ALL OTHER 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: JOHN BROUGH GEORGE BEDARD KYLE FLYNN CHRISTOPHER FRANKLIN ROXANNE PETTIWAY HAROLD HORVAT 42 UPPER COLLEGE ROAD LLC 79 UPPER COLLEGE ROAD KINGSTON RI 02881 994771960 REAL ESTATE TRANSACTIONS RI 0 0 UNIVERSITY OF RHODE ISLAND & ALUMNI ENGAGEMENT UNIVERSITY OF RHODE ISLAND GREEN HALL KINGSTON RI 02881 056000522 EDUCATIONAL FACILITY RI GOVERNMENT N/A 0 UNIVERSITY OF RHODE ISLAND RESEARCH FOUNDATION 75 LOWER COLLEGE RD KINGSTON RI 02881 364644408 RESEARCH FACILITY RI 501(C)(3) LINE 7 N/A 0 0 1 1 0 1 0 0 0 0 0 1 1 0 1 0 0 0 0 0 UNIVERSITY OF RHODE ISLAND B 18711547 COST UNIVERSITY OF RHODE ISLAND C 7103000 COST UNIVERSITY OF RHODE ISLAND E 5202031 COST