2026-03-24T15:31:47-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2024-07-01 056049721 RHODE ISLAND COLLEGE FOUNDATION RHOD 4014568407 600 MOUNT PLEASANT AVENUE PROVIDENCE RI 02908 DONNA ALMEIDA ACCOUNTING MANAGER 4014568407 2026-03-19 1 1 DANIELLE NIHILL P01350943 7817821001 2024 2025-03-06 01:10:19Z ALAN TENREIRO 48 ALEXANDER MCGREGOR RD PAWTUCKET RI 02861 11316794 0 X WWW.RIC.EDU X 1965 RI TO SOLICIT, ENCOURAGE, AND RECEIVE GIFTS AND GRANTS FOR THE BENEFIT OF RHODE ISLAND COLLEGE 18 18 12 18 0 0 3558928 4647236 0 0 714544 1892139 -1969 -32075 4271503 6507300 2407956 2127182 0 0 647245 572207 0 0 281431 1180937 1303876 4236138 4003265 35365 2504035 48042629 54347107 563669 486821 47478960 53860286 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. 0 0 2127182 2127182 FINANCIAL SUPPORT TO RHODE ISLAND COLLEGE BY PROVIDING NEED AND MERIT-BASED SCHOLARSHIPS AND AWARDS TO 499 STUDENTS AND ASSISTANCE WITH FACULTY PROGRAMMING. 891118 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. 221294 FINANCIAL SUPPORT TO RIC TO SUPPORT STUDENT ENGAGEMENT, LECTURES, FACULTY GRANTS AND SUPPLEMENTAL COMPENSATION AND CONFERENCES. 3239594 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 119 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 RI X X DONNA ALMEIDA 4014568407 600 MT PLEASANT AVE PROVIDENCE RI 02908 X ERIC SHOEN EXECUTIVE DIRECTOR 35.00 X 0 0 0 ALAN TENREIRO BOARD PRESIDENT 0.50 X X 0 0 0 ANNE SLINEY BOARD VICE PRESIDENT 0.50 X X 0 0 0 THOMAS FITZGERALD BOARD TREASURER 0.50 X X 0 0 0 ALAN CHILLE BOARD SECRETARY 0.50 X X 0 0 0 JOYCE STEVOS IMMEDIATE PAST PRESIDENT 0.50 X 0 0 0 ROBERT BROOKS BOARD MEMBER 0.50 X 0 0 0 ANN MARIE DASILVA BOARD MEMBER 0.50 X 0 0 0 RODERICK E DASILVA BOARD MEMBER 0.50 X 0 0 0 DAVID DEPETRILLO BOARD MEMBER 0.50 X 0 0 0 GARY DICENZO BOARD MEMBER 0.50 X 0 0 0 FREDERICK HARRISON BOARD MEMBER 0.50 X 0 0 0 GARY MOHAMED BOARD MEMBER 0.50 X 0 0 0 CAROL MORETTI BOARD MEMBER 0.50 X 0 0 0 KYLA PECCHIA BOARD MEMBER 0.50 X 0 0 0 ARTHUR PONTARELLI BOARD MEMBER 0.50 X 0 0 0 EUGENE SIMONE BOARD MEMBER 0.50 X 0 0 0 BARBARA SMITH BOARD MEMBER 0.50 X 0 0 0 JOHN J SMITH JR BOARD MEMBER 0.50 X 0 0 0 0 0 0 0 0 0 0 DOME CONSTRUCTION PO BOX 157 CUMBERLAND RI 02864 CAPITAL IMPROVEMENTS 139200 1 178326 116711 4352199 4647236 1330607 1330607 5212356 4650824 561532 561532 561532 123320 178326 158670 -35350 -35350 MISCELLANEOUS INCOME 900099 3275 3275 3275 6507300 0 0 1860064 2127182 2127182 499399 197591 143782 158026 18253 7118 6018 5117 22127 8629 7295 6203 32428 3107 15902 13419 52383 52383 46922 46922 170203 170203 194393 194263 130 33580 33580 105587 105587 145171 145171 1583 1583 GIFT FEES 124006 124006 CULTIVATION & APPEAL 119035 23123 95912 SPONSORSHIP & PROMOTION 70324 69597 727 RECEPTIONS 59618 59618 181071 173019 6025 2027 4003265 3239594 482240 281431 501650 1291657 1136279 1034161 40547 21027 69372 97224 15700 15700 15700 45108816 50666643 1170265 1220695 48042629 54347107 119984 131805 125000 0 318685 355016 563669 486821 X 5089718 5780260 42389242 48080026 47478960 53860286 48042629 54347107 2504035 3877291 0 X X 0 1 X 1 0 X 5512569 1411670 2743226 3558928 4647236 17873629 5512569 1411670 2743226 3558928 4647236 17873629 3220757 14652872 551978 520830 803696 978136 1330607 4185247 267681 151038 195214 1140 126595 741668 22800544 0.64270 0.63470 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 39279136 189290 5013957 1246234 43236149 33036319 2487416 5042719 1287318 39279136 31625389 1974721 1950154 2513945 33036319 38022671 954561 -6008003 1343843 31625386 28591646 3822094 7834890 2225959 38022671 0.00247 0.99752 0.00000 0 0 15700 15700 15700 DEPOSITS HELD IN CUSTODY FOR OTHERS 308072 ANNUITIES PAYABLE 46944 355016 10382112 3877291 87322 80402 4045015 6337097 170203 170203 6507300 4000786 87322 80402 167724 3833062 170203 170203 4003265 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. INAUGURAL GALA 193517 138431 55086 78107 7500 33040 COMPOST CONF 13950 7150 6800 8893 6 94179 32745 61434 1040 26415 3675 301646 178326 123320 1040 26415 90675 7500 33040 158670 -35350 1 RHODE ISLAND COLLEGE 600 MOUNT PLEASANT AVENUE PROVIDENCE RI 02908 056049721 501(C)(3) 2127182 0 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. 1 0 PART I, LINE 2: 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. X 2 1200 FMV X GIFTS FOR GALA 3 23000 FMV 0 1 0 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. 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 0 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 RHODE ISLAND COLLEGE ALUMNI ASSOCIATION B 125000 GRANTS PAYABLE RHODE ISLAND COLLEGE B 727254 ACTUAL EXPENSE RHODE ISLAND COLLEGE P 192725 AMOUNT RECEIVED