RHODE ISLAND HOSPITAL FOUNDATION

PROVIDENCE, RI, 02903-4771 (401) 444-6500 Est. 1992 EIN 05-0468736
E110— Health Care Form 990 501(c)(3)
www.lifespan.org

Mission

To be operated exclusively for charitable, scientific, and educational purposes, and more specifically, for the purpose of supporting and otherwise benefiting and being responsive to the needs of Brown University Health and its affiliates.

Giving Portfolio

Total Grants
14
Total Giving
$83.7M
Recipients
14
Years Active
2017 - 2023
Avg grant: $5,975,719 Median: $5,585,090

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20232$13.5M $6.7M02
20222$11.2M $5.6M02
20212$9.8M $4.9M02
20202$16.3M $8.2M02
20192$15.3M $7.6M02
20182$10.8M $5.4M02
20172$6.7M $3.4M20

Sectors Funded

Community Improvement
7
Health Care
7

Top States

Rhode Island
14

Grantee Size Profile

Over $50M
14

Top Grantees

RI - 7 grants
$80.5M
$3.1M

Grants Awarded · 14 grants

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Financials

Total Revenue
$18,204,795
Total Expenses
$16,745,619
Net Assets
$75,929,902
315 volunteers
From latest filing (tax period ending 2024-09-30)

Financial Health

Operating Reserve
4.5 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 18.1%
Expenses ↑ 16.0%
Revenue Sources
Contributions 70.8% Investment 30.8%
Expense Breakdown
Program 80.4% Management 0.8% Fundraising 18.7%

Officers & Trustees (37)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2023 Form 990$18,204,795 $16,745,619$75,929,902
2022 Form 990$15,408,248 $14,430,872$70,482,740
2021 Form 990$16,978,703 $12,868,622$66,450,083
2020 Form 990$16,409,972 $19,338,117$68,957,329
2019 Form 990$14,574,603 $18,327,894$64,936,036
2018 Form 990$17,725,818 $13,990,787$66,573,039
2017 Form 990$16,151,250 $9,775,999$64,239,188

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EIN: 05-0468736 · Source: IRS Form 990 e-file data