2018-02-22T12:49:02-06:00 2017-06-30 061009205 BLUM SHAPIRO & COMPANY PC 1 CAPITAL WAY CRANSTON RI 02910 990 2016-07-01 056049721 RHODE ISLAND COLLEGE FOUNDATION RHOD 4014568105 600 MOUNT PLEASANT AVENUE PROVIDENCE RI 02908 JOHN J SMITH JR PRESIDENT 4014568105 2018-02-07 1 LYNN O'MARRA P00821716 4012725600 50.200.120.74 2018-02-07 20:12:22 ES P AE4F84C66CF7EFD26554BEC15325CB8203138E58 DF8EC6EC51E1FD1DECD3FD9B85C405DAF374F076 2016 2021-01-29 14:40:06Z JOHN J SMITH JR 600 MOUNT PLEASANT AVENUE PROVIDENCE RI 02908 13223174 0 X WWW.RIC.EDU X 1965 RI 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. 22 22 8 0 0 0 2505057 3160930 0 0 181183 1046942 85792 23106 2772032 4230978 2773455 1423388 0 0 515059 605043 0 0 333150 703205 1034905 3991719 3063336 -1219687 1167642 29097701 32933945 1471766 1268295 27625935 31665650 X 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 489954 489954 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. 501335 501335 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. 214175 214175 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. 806060 217924 SUPPORT FOR VARIOUS PROGRAMS OPERATED BY RI COLLEGE 806060 217924 2011524 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 30 0 1 8 1 0 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 RI X THE ORGANIZATION 4014568105 600 MOUNT PLEASANT AVENUE PROVIDENCE RI 02908 JOHN J SMITH JR PRESIDENT 0.50 X X 0 0 0 ANN MARIE DASILVA VICE PRESIDENT 0.50 X X 0 0 0 ALAN CHILLE SECRETARY 0.50 X X 0 0 0 GINA MCDONALD TREASURER 0.50 X X 0 0 0 JERAULD C ADAMS BOARD MEMBER 0.50 X 0 0 0 PAUL BOURGET BOARD MEMBER 0.50 X 0 0 0 MARY CAPPELLI BOARD MEMBER 0.50 X 0 0 0 VINCENT CULLEN BOARD MEMBER 0.50 X 0 0 0 RODERICK E DASILVA BOARD MEMBER 0.50 X 0 0 0 ANNE DE STEFANO BOARD MEMBER 0.50 X 0 0 0 TRAVIS ESCOBAR BOARD MEMBER 0.50 X 0 0 0 WILLIAM FAZIOLI BOARD MEMBER 0.50 X 0 0 0 WILLIAM H HURRY JR BOARD MEMBER 0.50 X 0 0 0 KELSEY FOURNIER BOARD MEMBER 0.50 X 0 0 0 RICHARD LISCIO BOARD MEMBER 0.50 X 0 0 0 PAMELA MANCINI BOARD MEMBER 0.50 X 0 0 0 LOU MARCIANO 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 ROBERT P SUGLIA BOARD MEMBER 0.50 X 0 0 0 A TIMOTHY SULLIVAN BOARD MEMBER 0.50 X 0 0 0 JOSEPH WHITE BOARD MEMBER 0.50 X 0 0 0 EDWIN PACHECO EXECUTIVE DIRECTOR/INTERIM VP OF COLLEGE ADVANCEME 7.50 27.50 X 129150 64712 11649 RICHARD CULATTA CHIEF INNOVATION OFFICER 35.00 X 195000 0 15745 324150 64712 27394 2 0 1 0 RHODE ISLAND COLLEGE ACCOUNTING OFFICE BLDG 5 600 MT PLEASANT AVENUE PROVIDENCE RI 02909 VARIOUS SERVICES INCLUDING CATERING, POS 1225324 GREENWOODASHER & ASSOCIATES INC 42 BUSINESS CENTER DRIVE SUITE 206 MIRAMAR BEACH FL 32550 EXECUTIVE STAFF SEARCHES 159800 BLACKBAUD PO BOX 930256 ATLANTA GA 311930256 SUBSCRIPTIONS TO NEW SOFTWARE AND CONSUL 130334 MERRILL LYNCH ONE CITIZENS PLAZA PROVIDENCE RI 02903 INVESTMENT MANAGEMENT 126758 HIGHLANDER INSTITUTE 166 VALLEY STREET 3L SUITE 101 PROVIDENCE RI 02909 TEACHER WORKSHOPS 110711 5 1273990 1886940 24697 3160930 689798 689798 9256979 8899835 357144 357144 357144 115467 92361 23106 23106 4230978 0 0 1070048 1423388 1423388 105192 84154 21038 333981 14191 108577 211213 99190 18 86550 12622 66680 2520 39727 24433 175856 175856 182467 150870 31597 36199 33688 2511 97737 97737 2810 2810 5225 5225 PROFESSIONAL DEVELOPMEN 179836 37195 142641 RECEPTIONS 164188 118134 45969 85 LECTURER 81626 81626 FUNDRAISING & AUCTIONS 64155 2907 61248 44806 49250 -4444 3063336 2011524 718662 333150 717081 1270286 1070248 836163 696318 528798 5646 10970 35494 8494 42713 38499 7024 4214 25384123 29062767 1181767 1212253 29097701 32933945 159888 113649 1072328 943233 6087 3266 233463 208147 1471766 1268295 X 4302915 4313967 5813786 9176891 17509234 18174792 27625935 31665650 29097701 32933945 1167642 2872073 0 X X 0 1 X 1 0 X 1618500 1529843 3061329 2505057 3160930 11875659 1618500 1529843 3061329 2505057 3160930 11875659 11875659 606881 579698 703533 655772 689798 3235682 15111341 0.78590 0.79080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15121 533397 X X 0 21433020 1119854 3330223 1199601 24683496 21254111 1428886 -287738 962239 21433020 21193829 787991 464869 1192578 21254111 18968168 666382 3019489 1460210 21193829 17612881 735792 1507558 888063 18968168 0.04700 0.73600 0.21700 0 0 41635 37421 4214 1078 1078 0 4214 DEPOSITS HELD IN CUSTODY FOR OTHERS 167083 ANNUITIES PAYABLE 41064 208147 X 7079288 2872073 152093 3024166 4055122 175856 175856 4230978 3039573 152093 152093 2887480 175856 175856 3063336 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. GOLF DAY 35288 35288 17434 PRESIDENT'S INNAUGURAL FUND 80179 80179 18906 56021 115467 115467 18906 73455 92361 23106 1 RHODE ISLAND COLLEGE 600 MOUNT PLEASANT AVENUE PROVIDENCE RI 02908 056049721 501(C)(3) 1423388 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. 1 1 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 0 0 0 0 0 0 0 0 0 EDWIN PACHECO EXECUTIVE DIRECTOR/INTERIM VP OF COL 129150 64712 0 0 0 0 0 5424 0 6225 129150 76361 0 0 RICHARD CULATTA CHIEF INNOVATION OFFICER 195000 0 0 0 0 0 0 0 15745 0 210745 0 0 0 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. 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 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0