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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$48.0M
+11.1% YoY
Annual Giving
$2.4M
+59.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.4M
+59.4% YoY
About Rhode Island College Foundation
Based on IRS filings
Rhode Island College Foundation is a nonprofit organization focused on Education, based in PROVIDENCE, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $48.0M in total assets. In 2024, it awarded 1 grants totaling $2.4M. Net investment income was $715K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $48,042,629 | $43,255,879 | $38,603,483 |
| Revenue | $4,271,503 | $3,438,035 | $8,377,720 |
| Expenses | $4,236,138 | $3,058,685 | $2,100,785 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $714,544 | $562,250 | $6,818,772 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rhode Island College ($2,407,956).
| Recipient | Purpose | Amount |
|---|---|---|
| RHODE ISLAND COLLEGE PROVIDENCE, RI | 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. | $2,407,956 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOYCE STEVOS | PRESIDENT | 0.5 | — |
| ALAN CHILLE | PAST PRESIDENT | 0.5 | — |
| GARY DICENZO | VICE PRESIDENT | 0.5 | — |
| ALAN TENREIRO | TREASURER | 0.5 | — |
| KYLA PECCHIA | SECRETARY | 0.5 | — |
| ANN MARIE DASILVA | BOARD MEMBER | 0.5 | — |
| RODERICK E DASILVA | BOARD MEMBER | 0.5 | — |
| DAVID DEPETRILLO | BOARD MEMBER | 0.5 | — |
| FREDERICK HARRISON | BOARD MEMBER | 0.5 | — |
| THOMAS FITZGERALD | BOARD MEMBER | 0.5 | — |
| GARY MOHAMED | BOARD MEMBER | 0.5 | — |
| CAROL MORETTI | BOARD MEMBER | 0.5 | — |
| EUGENE SIMONE | BOARD MEMBER | 0.5 | — |
| BARBARA SMITH | BOARD MEMBER | 0.5 | — |
| JOHN J SMITH JR | BOARD MEMBER | 0.5 | — |
| GEORGIA FORTUNATO | BOARD MEMBER | 0.5 | — |
| ERIC SHOEN | EXECUTIVE DIRECTOR | 35 | — |
| DENISE DOMIN | DIR OF ADM & FINANCE (THRU 1/2024) | 20 | $92,689 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rhode Island College Foundation?
Rhode Island College Foundation is a nonprofit organization focused on Education, based in PROVIDENCE, RI. It holds $48.0M in total assets as of 2024.
How large is Rhode Island College Foundation?
As of 2024, Rhode Island College Foundation holds $48.0M in total assets with $4.3M in annual revenue. It awarded 1 grants totaling $2.4M in 2024.
Where does Rhode Island College Foundation operate?
Rhode Island College Foundation has awarded grants in Rhode Island.
What size grants does Rhode Island College Foundation award?
In 2024, Rhode Island College Foundation awarded 1 grants totaling $2.4M — an average of about $2.4M per grant, based on its IRS Form 990 filings.
What is Rhode Island College Foundation's EIN?
Rhode Island College Foundation's EIN (Employer Identification Number) is 05-6049721. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rhode Island College Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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