THE RHODE ISLAND COMMUNITY FOUNDATION

PROVIDENCE, RI, 02903-1758 (401) 274-4564 Est. 1916 EIN 22-2604963
T31— Philanthropy & Grantmaking Form 990 501(c)(3)
RIFOUNDATION.ORG

Mission

THE RHODE ISLAND FOUNDATION MOBILIZES GENEROSITY AND MOTIVATES CHANGE THAT MAKES A DIFFERENCE

Giving Portfolio

Total Grants
11,966
Total Giving
$406.2M
Recipients
4,108
Years Active
2019 - 2024
Avg grant: $50,068 Median: $20,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2024977$72.0M $74K155758
2023934$80.7M $86K150726
20221401$71.6M $51K216592
20205476$137.0M $25K278542
20193178$44.9M $14K6910

Sectors Funded

Human Services
1535
Education
1528
Arts, Culture & Humanities
1383
Health Care
954
Environment
468
Food, Agriculture & Nutrition
442
Community Improvement
364
Youth Development
316
and 17 more sectors

Top States

Rhode Island
10177
Massachusetts
665
New York
204
Florida
139
Connecticut
139
District of Columbia
80
New Hampshire
61
Tennessee
47
and 30 more states

Grantee Size Profile

$1M - $5M
2875
$10M - $50M
2149
Over $50M
1656
$5M - $10M
1288
$100K - $500K
1245
$500K - $1M
816
Under $100K
483

Top Grantees

$22.7M
$6.2M
RI - 21 grants
$6.0M
$4.9M
RI - 61 grants
$4.7M
$3.9M
$3.1M
and 15 more grantees

Grants Awarded · 11343 grants

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Financials

Total Revenue
$147,291,921
Total Expenses
$95,208,024
Net Assets
$1,344,976,236
58 employees 250 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 67.9%
Expenses ↓ 7.4%
Revenue Sources
Contributions 38.1% Investment 61.6%
Expense Breakdown
Program 84.7% Management 12.7% Fundraising 2.6%

Officers & Trustees (25)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$147,291,921 $95,208,024$1,344,976,236
2023 Form 990$87,701,485 $102,860,359$1,248,752,309
2022 Form 990$94,559,880 $94,070,249$1,151,042,068
2020 Form 990$101,831,307 $87,764,346$1,110,163,051
2020 Form 990$101,831,307 $87,764,346$1,110,163,051
2019 Form 990$90,361,227 $67,128,612$1,000,906,595

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EIN: 22-2604963 · Source: IRS Form 990 e-file data