RHODE ISLAND COLLEGE FOUNDATION: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- RHODE ISLAND COLLEGE FOUNDATION (EIN 05-6049721)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-02-22
- IRS object ID
- 201830539349301033
- Schema version
- 2016v3.0
- 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 J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-02-22T12:49:02-06:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 061009205 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLUM SHAPIRO & COMPANY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 CAPITAL WAY | AddressLine1Txt |
| City | CRANSTON | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02910 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | 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 | 4014568105 | 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 | JOHN J SMITH JR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4014568105 | PhoneNum |
| Signature | 2018-02-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LYNN O'MARRA | PreparerPersonNm |
| PTIN | P00821716 | PTIN |
| Phone | 4012725600 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.200.120.74 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-02-07 | IPDt |
| IP Tm | 20:12:22 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | AE4F84C66CF7EFD26554BEC15325CB8203138E58 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | DF8EC6EC51E1FD1DECD3FD9B85C405DAF374F076 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN J SMITH JR | PrincipalOfficerNm |
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) |
|---|---|---|
| Gross Receipts | $13,223,174 | 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 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 8 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,505,057 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,160,930 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $181,183 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,046,942 | CYInvestmentIncomeAmt |
| PY Other Revenue | $85,792 | PYOtherRevenueAmt |
| CY Other Revenue | $23,106 | CYOtherRevenueAmt |
| PY Total Revenue | $2,772,032 | PYTotalRevenueAmt |
| CY Total Revenue | $4,230,978 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,773,455 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,423,388 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $515,059 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $605,043 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $333,150 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $703,205 | PYOtherExpensesAmt |
| CY Other Expenses | $1,034,905 | CYOtherExpensesAmt |
| PY Total Expenses | $3,991,719 | PYTotalExpensesAmt |
| CY Total Expenses | $3,063,336 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,219,687 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,167,642 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $29,097,701 | TotalAssetsBOYAmt |
| Total Assets EOY | $32,933,945 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,471,766 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,268,295 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $27,625,935 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $31,665,650 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| 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 | $489,954 | ExpenseAmt |
| Grant | $489,954 | GrantAmt |
| Desc | FINANCIAL SUPPORT TO RHODE ISLAND COLLEGE FOR CAPITAL IMPROVEMENTS, COMPUTER TECHNOLOGY AND EQUIPMENT PURCHASES INCLUDE THE FOLLOWING MAJOR PROJECTS: BUILDING AND CLASSROOM IMPROVEMENTS SUPPORTED BY CHAMPLIN GRANT OF $375,000, NEW EQUIPMENT AND UPDATES TO CLASSROOMS FOR THE ALEX AND ANI ART CENTER IN SUPPORT OF THE ARTS DEPARTMENT, BUILDING IMPROVEMENTS PROVIDED TO LEASED SPACE FOR EDUCATION MANAGEMENT COLLABORATIVE BUILDING (#6), NEW CAMPUS SIGNAGE, AND PIANO MAINTENANCE FOR MUSIC DEPARTMENT. THE FOUNDATION ALSO PROVIDES SUPPORT SERVICES FOR THE PORTUGUESE STUDIES, SCHOOL OF NURSING, SCHOOL OF ARTS AND SCIENCES AND VARIOUS OTHER PROGRAMS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $501,335 | ExpenseAmt |
| Grant | $501,335 | GrantAmt |
| Desc | FINANCIAL SUPPORT TO RHODE ISLAND COLLEGE INCLUDING NEED AND MERIT BASED SCHOLARSHIPS TO STUDENTS AND ASSISTANCE WITH FACULTY PROGRAMMING. A TOTAL OF 377 STUDENTS RECEIVED SCHOLARSHIPS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $214,175 | ExpenseAmt |
| Grant | $214,175 | GrantAmt |
| Desc | FINANCIAL SUPPORT TO RHODE ISLAND COLLEGE DEPARTMENT OF INTERCOLLEGIATE ATHLETICS, INTRAMURALS AND RECREATION TO ENHANCE SUPPORT SERVICES SUCH AS UNIFORMS AND EQUIPMENT FOR TEAMS, TRAINING FACILITIES CARPETING, RENOVATIONS TO THE SOFTBALL AND BASEBALL FIELDS IN WHICH NEW SEATING BLEACHER UPGRADES INSTALLED AND THE QUALITY OF THE ATHLETIC EXPERIENCE, AS WELL AS ACADEMIC SUCCESS FOR THE ATHLETES. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $806,060 | ExpenseAmt |
| Grant | $217,924 | GrantAmt |
| Desc | SUPPORT FOR VARIOUS PROGRAMS OPERATED BY RI COLLEGE | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $806,060 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $217,924 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $2,011,524 | 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 |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| 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 | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | 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 | Yes (1) | 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 With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | 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 | 30 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 8 | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | 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 | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4014568105 | 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 |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| JOHN J SMITH JR | ||||||||
| PRESIDENT | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ANN MARIE DASILVA | ||||||||
| VICE PRESIDENT | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ALAN CHILLE | ||||||||
| SECRETARY | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| GINA MCDONALD | ||||||||
| TREASURER | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JERAULD C ADAMS | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| PAUL BOURGET | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| MARY CAPPELLI | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| VINCENT CULLEN | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| RODERICK E DASILVA | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| ANNE DE STEFANO | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| TRAVIS ESCOBAR | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM FAZIOLI | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM H HURRY JR | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| KELSEY FOURNIER | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD LISCIO | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| PAMELA MANCINI | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| LOU MARCIANO | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| GARY MOHAMED | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| CAROL MORETTI | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT P SUGLIA | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| A TIMOTHY SULLIVAN | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH WHITE | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| EDWIN PACHECO | ||||||||
| EXECUTIVE DIRECTOR/INTERIM VP OF COLLEGE ADVANCEME | 7.50 | Yes (X) | $129,150 | $64,712 | $11,649 | 27.50 | ||
| RICHARD CULATTA | ||||||||
| CHIEF INNOVATION OFFICER | 35.00 | $195,000 | $0 | $15,745 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $324,150 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $64,712 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $27,394 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| RHODE ISLAND COLLEGE ACCOUNTING OFFICE | |||||
| BLDG 5 600 MT PLEASANT AVENUE | PROVIDENCE | RI | 02909 | VARIOUS SERVICES INCLUDING CATERING, POS | $1,225,324 |
| GREENWOODASHER & ASSOCIATES INC | |||||
| 42 BUSINESS CENTER DRIVE SUITE 206 | MIRAMAR BEACH | FL | 32550 | EXECUTIVE STAFF SEARCHES | $159,800 |
| BLACKBAUD | |||||
| PO BOX 930256 | ATLANTA | GA | 311930256 | SUBSCRIPTIONS TO NEW SOFTWARE AND CONSUL | $130,334 |
| MERRILL LYNCH | |||||
| ONE CITIZENS PLAZA | PROVIDENCE | RI | 02903 | INVESTMENT MANAGEMENT | $126,758 |
| HIGHLANDER INSTITUTE | |||||
| 166 VALLEY STREET 3L SUITE 101 | PROVIDENCE | RI | 02909 | TEACHER WORKSHOPS | $110,711 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,273,990 | GovernmentGrantsAmt |
| All Other Contributions | $1,886,940 | AllOtherContributionsAmt |
| Noncash Contributions | $24,697 | NoncashContributionsAmt |
| Total Contributions | $3,160,930 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $689,798 | TotalRevenueColumnAmt |
| Exclusion | $689,798 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,256,979 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,899,835 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $357,144 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $357,144 | TotalRevenueColumnAmt |
| Exclusion | $357,144 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $115,467 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $92,361 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,106 | TotalRevenueColumnAmt |
| Exclusion | $23,106 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,230,978 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,070,048 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,423,388 | TotalAmt |
| Program Services | $1,423,388 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,192 | TotalAmt |
| Management And General | $84,154 | ManagementAndGeneralAmt |
| Fundraising | $21,038 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $333,981 | TotalAmt |
| Program Services | $14,191 | ProgramServicesAmt |
| Management And General | $108,577 | ManagementAndGeneralAmt |
| Fundraising | $211,213 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,190 | TotalAmt |
| Program Services | $18 | ProgramServicesAmt |
| Management And General | $86,550 | ManagementAndGeneralAmt |
| Fundraising | $12,622 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,680 | TotalAmt |
| Program Services | $2,520 | ProgramServicesAmt |
| Management And General | $39,727 | ManagementAndGeneralAmt |
| Fundraising | $24,433 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,856 | TotalAmt |
| Management And General | $175,856 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $182,467 | TotalAmt |
| Program Services | $150,870 | ProgramServicesAmt |
| Management And General | $31,597 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,199 | TotalAmt |
| Program Services | $33,688 | ProgramServicesAmt |
| Fundraising | $2,511 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,737 | TotalAmt |
| Program Services | $97,737 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,810 | TotalAmt |
| Management And General | $2,810 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,225 | TotalAmt |
| Management And General | $5,225 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROFESSIONAL DEVELOPMEN | $179,836 | $37,195 | $142,641 | |
| RECEPTIONS | $164,188 | $118,134 | $45,969 | $85 |
| LECTURER | $81,626 | $81,626 | ||
| FUNDRAISING & AUCTIONS | $64,155 | $2,907 | $61,248 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,806 | TotalAmt |
| Program Services | $49,250 | ProgramServicesAmt |
| Management And General | -$4,444 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,063,336 | TotalAmt |
| Program Services | $2,011,524 | ProgramServicesAmt |
| Management And General | $718,662 | ManagementAndGeneralAmt |
| Fundraising | $333,150 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $717,081 | BOYAmt |
| EOY | $1,270,286 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,070,248 | BOYAmt |
| EOY | $836,163 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $696,318 | BOYAmt |
| EOY | $528,798 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,646 | BOYAmt |
| EOY | $10,970 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,494 | BOYAmt |
| EOY | $8,494 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $42,713 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $38,499 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,024 | BOYAmt |
| EOY | $4,214 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,384,123 | BOYAmt |
| EOY | $29,062,767 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,181,767 | BOYAmt |
| EOY | $1,212,253 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,097,701 | BOYAmt |
| EOY | $32,933,945 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $159,888 | BOYAmt |
| EOY | $113,649 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,072,328 | BOYAmt |
| EOY | $943,233 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,087 | BOYAmt |
| EOY | $3,266 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $233,463 | BOYAmt |
| EOY | $208,147 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,471,766 | BOYAmt |
| EOY | $1,268,295 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,302,915 | BOYAmt |
| EOY | $4,313,967 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,813,786 | BOYAmt |
| EOY | $9,176,891 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,509,234 | BOYAmt |
| EOY | $18,174,792 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,625,935 | BOYAmt |
| EOY | $31,665,650 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,097,701 | BOYAmt |
| EOY | $32,933,945 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,167,642 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,872,073 | 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) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| 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 | $1,618,500 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,529,843 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,061,329 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,505,057 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,160,930 | CurrentTaxYearAmt |
| Total | $11,875,659 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,618,500 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,529,843 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,061,329 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,505,057 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,160,930 | CurrentTaxYearAmt |
| Total | $11,875,659 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $11,875,659 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $606,881 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $579,698 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $703,533 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $655,772 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $689,798 | CurrentTaxYearAmt |
| Total | $3,235,682 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $15,111,341 | TotalSupportAmt |
| Public Support CY170 | 0.78590 | PublicSupportCY170Pct |
| Public Support PY170 | 0.79080 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $15,121 | RevenuesIncludedAmt |
| Assets Included | $533,397 | AssetsIncludedAmt |
| 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 | $21,433,020 | BeginningYearBalanceAmt |
| Contributions | $1,119,854 | ContributionsAmt |
| Investment Earnings Or Losses | $3,330,223 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,199,601 | OtherExpendituresAmt |
| End Year Balance | $24,683,496 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,254,111 | BeginningYearBalanceAmt |
| Contributions | $1,428,886 | ContributionsAmt |
| Investment Earnings Or Losses | -$287,738 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $962,239 | OtherExpendituresAmt |
| End Year Balance | $21,433,020 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,193,829 | BeginningYearBalanceAmt |
| Contributions | $787,991 | ContributionsAmt |
| Investment Earnings Or Losses | $464,869 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,192,578 | OtherExpendituresAmt |
| End Year Balance | $21,254,111 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,968,168 | BeginningYearBalanceAmt |
| Contributions | $666,382 | ContributionsAmt |
| Investment Earnings Or Losses | $3,019,489 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,460,210 | OtherExpendituresAmt |
| End Year Balance | $21,193,829 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,612,881 | BeginningYearBalanceAmt |
| Contributions | $735,792 | ContributionsAmt |
| Investment Earnings Or Losses | $1,507,558 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $888,063 | OtherExpendituresAmt |
| End Year Balance | $18,968,168 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.04700 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.73600 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.21700 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $41,635 | OtherCostOrOtherBasisAmt |
| Depreciation | $37,421 | DepreciationAmt |
| Book Value | $4,214 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,078 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,078 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,214 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEPOSITS HELD IN CUSTODY FOR OTHERS | $167,083 |
| ANNUITIES PAYABLE | $41,064 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $208,147 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $7,079,288 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,872,073 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $152,093 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $3,024,166 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,055,122 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $175,856 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $175,856 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,230,978 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,039,573 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $152,093 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $152,093 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,887,480 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $175,856 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $175,856 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,063,336 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 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 $1,146,350 IN FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS. |
| PART X, LINE 2: | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION REPORTS TAX-RELATED INTEREST AND PENALTIES, IF ANY, AS A COMPONENT OF INTEREST EXPENSE. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF DAY | Event1Nm |
| Gross Receipts Event1 | $35,288 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $35,288 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $17,434 | OtherDirectExpensesEvent1Amt |
| Event2 | PRESIDENT'S INNAUGURAL FUND | Event2Nm |
| Gross Receipts Event2 | $80,179 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $80,179 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $18,906 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $56,021 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $115,467 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $115,467 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $18,906 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $73,455 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $92,361 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $23,106 | 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 | $1,423,388 | CashGrantAmt |
| 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 377 RHODE ISLAND COLLEGE STUDENTS. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 1 | 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 J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EDWIN PACHECO | ||||||||||||||
| EXECUTIVE DIRECTOR/INTERIM VP OF COL | $129,150 | $64,712 | $0 | $0 | $0 | $0 | $0 | $5,424 | $0 | $6,225 | $129,150 | $76,361 | $0 | $0 |
| RICHARD CULATTA | ||||||||||||||
| CHIEF INNOVATION OFFICER | $195,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15,745 | $0 | $210,745 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE AUDIT AND INVESTMENT COMMITTEES FOR THE RHODE ISLAND COLLEGE FOUNDATION BOARD OF DIRECTORS ARE CHARGED WITH REVIEWING THE FORM 990 AND REPORTING ITS FINDINGS TO THE FULL BOARD AT THE NEXT SCHEDULED BOARD MEETING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE FOUNDATION DISTRIBUTES A COPY OF THE CODE OF ETHICS POLICY TO ALL BOARD MEMBERS AND TRUSTEES AT THE ANNUAL BOARD ORIENTATION MEETING. ALL MEMBERS ARE ASKED TO FAMILIARIZE THEMSELVES WITH THE POLICY AND ACCEPT THE CODE AS A MINIMAL GUIDELINE FOR ETHICAL CONDUCT. THE POLICY REQUIRES ALL MEMBERS TO REPORT ANY POTENTIAL CONFLICTS OF INTEREST. ANY POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THEY WILL REVIEW ALL RELEVANT INFORMATION AND DECIDE ON THE APPROPRIATE ACTION TO BE FOLLOWED BY THE INDIVIDUAL. THE REVIEW AND OUTCOME ARE REPORTED TO THE ENTIRE BOARD OF DIRECTORS AND RECORDED IN ITS MINUTES TO THE MEETING. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE COMPENSATION PROCESS FOR THE EXECUTIVE DIRECTOR OF THE FOUNDATION WAS RECOMMENDED BY THE VICE PRESIDENT OF ADVANCEMENT AND APPROVED BY THE BOARD. THE VP OF ADVANCEMENT FOLLOWED THE RHODE ISLAND COLLEGE PERSONNEL POLICY; IT ALSO INVOLVED THE EVALUATION OF THE INDIVIDUAL AND A REVIEW OF COMPENSATION OF COMPARABLE POSITIONS OBTAINED FROM SIMILAR ORGANIZATIONS. THE BOARD'S DELIBERATION AND DECISION IS NOTED IN THE MINUTES OF THE MEETINGS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION'S GOVERNING DOCUMENTS, WHISTLEBLOWER, AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE FOR VIEWING ON THE FOUNDATION'S WEBSITE. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| 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 | 0 | 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 | 0 | 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 | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |