The Rhode Island Community Foundation logo

The Rhode Island Community Foundation

PROVIDENCE, RI EIN: 22-2604963 Website

The Rhode Island Community Foundation is Rhode Island's only community foundation, based in Providence. As a 501(c)(3) public charity, the organization mobilizes generosity and motivates change to address community needs across the state. The Foundation has been operating since 1916 and received its IRS tax-exempt ruling in 1985.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3B

+7.3% YoY

Annual Giving

$72.0M

-10.8% YoY

Grant Count

977

+4.6% YoY

Avg Grant Size

$74K

-14.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: As Rhode Island's only community foundation, the Foundation mobilizes generosity and motivates change that makes a difference. Through strong partnerships and building on work that's come before, the organization works to create progress that lasts and improve the lives of all Rhode Islanders.

Primary Focus Areas:

The Foundation addresses six identified community priorities essential for a thriving Rhode Island:

  • Economic Security
  • Education
  • Health

Secondary Focus Areas:

  • Arts & Culture
  • Environment
  • Children & Families
  • Housing

Grantmaking Approaches:

The Foundation supports grants through multiple strategies:

  • Policy, advocacy, and systems reform—funding projects involving research and analysis on pressing issues, and advocacy that gives voice to underrepresented groups and promotes institutional change
  • Organizational and leadership capacity—funding projects to increase nonprofit capacity
  • Innovative models and proven programs—funding projects based on unique research or experience in a field

Grantmaking

Grant Range

s:** Typical awards range from $5,020 to $5,005,549.

Review Cycle

**Active Grant Opportunities:** The Foundation maintains 39 live grant opportunities, including programs such as:

Grant Types

** The Foundation operates through:

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Geographic Focus

Where this funder awards grants

The Foundation primarily funds organizations and projects in Rhode Island, with some grantmaking extending to Massachusetts and Florida.

Grant Distribution by State

37states
+29 more states

Cities

ActonAlbanyAlexandriaAltonAmblerAmesburyAmherstAndoverArlingtonAthensAtlantaAttleboroAuroraBainbridge IslandBala CynwydBaltimoreBarnetBarringtonBellinghamBerkeley

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $1.35 billion
  • Annual Revenue: $147 million
  • Annual Expenses: $95.2 million
  • Total Liabilities: $4.5 million

As of 2023:

  • Total Assets: $1,257,515,540
  • Total Revenues: $87,701,485
  • Total Expenses: $102,860,359

Staffing: The Foundation employs 59 staff members.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$54M$107M$161M$214M20202021202220232024
Metric202420232022
Total Assets$1,349,471,706$1,257,515,540$1,164,890,574
Revenue$147,291,921$87,701,485$94,559,880
Expenses$95,208,024$102,860,359$94,070,249
Qualifying Distributions
Net Investment Income$90,705,183$44,374,465$35,781,618
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$20M$40M$61M$81M2,738 grants2020823 grants20211,401 grants2022934 grants2023977 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNITED WAY OF RHODE ISLAND$5.0MRHODE ISLAND PHILHARMONI…$3.1MPROVIDENCE COLLEGE ALUMN…$369KPROVIDENCE COLLEGE$247KWOOD RIVER HEALTH SERVIC…$226KHOPEHEALTH HOSPICE & PAL…$219KTHE MIRIAM HOSPITAL FOUN…$204KFOSTER FORWARD$198KCHILDREN'S FRIEND AND SE…$172KDORCAS INTERNATIONAL INS…$131K

Grant Size Distribution

250 grants across all recorded years

169<$50K41$50–100K27$100–250K8$250–500K2$500K–1M2$1–5M1$5M+

Open Grants

42 open opportunities from The Rhode Island Community Foundation

Show all 42 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DAVID CICILLINEPRESIDENT & CEO$796KJENNIFER REIDVP OF FINANCE & CEO$283KBRIDGET BARATTAVP OF DEVELOPMENT$237KCHRISTOPHER BIZZACCOCHIEF OF STAFF$227KKATHLEEN MALINCTO/VP OF OPERATIONS$218KSHARON COLLIERVICE PRESIDENT OF HUMAN RESO…$189KJENNIFER PEREIRAVP OF GRANTS & CLIMATE DIREC…$188KARIANNE CORRENTEVP OF COMMUNICATIONS & MARKE…$188KANGELA ANKOMAVP & ED EQUITY LEADERSHIP IN…$181KDANIEL KERTZNERSENIOR PHILANTHROPIC ADVISOR$181KJILL PFITZENMAYERVP OF CAPACITY BUILDING$163K

From 2024 filing

NameTitleHoursCompensation
G ALAN KUROSE MD MBA FACPCHAIRPERSON2
JANET ROBINSONSECRETARY1
CARRIE BRIDGES FELIZ MPHDIRECTOR1
MELISSA R DUBOSEDIRECTOR1
JONATHAN D FAINDIRECTOR1
EDWARD O HANDY IIIDIRECTOR1
ANN-MARIE HARRINGTONDIRECTOR1
MEGHAN HUGHES PHDDIRECTOR1
SALLY E LAPIDESDIRECTOR (AS OF 05/2024)1
SILVERMOON MARS LAROSEDIRECTOR (AS OF 05/2024)1
TONY MENDEZDIRECTOR1
THERESA MOOREDIRECTOR1
PETER R PHILLIPSDIRECTOR1
JAMES WRIGHTDIRECTOR1
DAVID CICILLINEPRESIDENT & CEO40$795,906
JENNIFER REIDVP OF FINANCE & CEO40$282,816
BRIDGET BARATTAVP OF DEVELOPMENT40$236,971
KATHLEEN MALINCTO/VP OF OPERATIONS40$218,187
JENNIFER PEREIRAVP OF GRANTS & CLIMATE DIRECTOR40$187,976
ARIANNE CORRENTEVP OF COMMUNICATIONS & MARKETING40$187,546
ANGELA ANKOMAVP & ED EQUITY LEADERSHIP INITIATIVE40$181,422
SHARON COLLIERVICE PRESIDENT OF HUMAN RESOURCES40$188,590
DANIEL KERTZNERSENIOR PHILANTHROPIC ADVISOR40$180,987
JILL PFITZENMAYERVP OF CAPACITY BUILDING40$162,941
CHRISTOPHER BIZZACCOCHIEF OF STAFF40$226,557

Recent News & Activity

Recent developments and announcements

The Rhode Island Foundation has achieved significant milestones in recent years:

Rhode Island Foundation grants nearly $7 million to dozens of nonprofits
2025

Awarded a record $93 million in grants in 2025

Rhode Island Foundation grants nearly $7 million to dozens of nonprofits

Made its 109th year its best yet for grantmaking

Granted nearly $7 million to dozens of nonprofits in a recent grant cycle

Rhode Island Foundation grants nearly $7 million to dozens of nonprofits
2025

Published its 2025 Magazine, which spotlights remarkable work happening in Rhode Island communities and addresses complexities including evolving economic landscapes and transformation in how communities connect and learn from each other

Rhode Island Foundation grants nearly $7 million to dozens of nonprofits

Launched "Fixing the Formula," an initiative addressing Rhode Island's school funding system, working with a Blue Ribbon Commission and Brown University's Annenberg Institute to create a fair and transparent funding system for Rhode Island's public schools

Rhode Island Foundation grants nearly $7 million to dozens of nonprofits

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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