THE UNIVERSITY OF RHODE ISLAND FOUNDATION & ALUMNI ENGAGEMENT

KINGSTON, RI, 02881-2023 (401) 874-7900 Est. 1957 EIN 05-6014351
B110— Education Form 990 501(c)(3)
WWW.URIFOUNDATION.ORG

Mission

TO INSPIRE AND STEWARD PHILANTHROPIC SUPPORT BENEFITING URI AND TO INFORM AND ENGAGE ALUMNI AS COMMITTED PARTNERS OF THE UNIVERSITY, ITS MISSION, AND TRADITIONS. IN ALL ITS ACTIVITIES, URIFAE STRIVES FOR CORE VALUES OF TRANSPARENCY, INTEGRITY, COLLABORATION, ACCOUNTABILITY, AND RESPECT.

Giving Portfolio

Total Grants
8
Total Giving
$97.7M
Recipients
7
Years Active
2017 - 2023
Avg grant: $17,328,875 Median: $17,758,493

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20231$17.8M $17.8M01
20221$26.0M $26.0M01
20211$23.2M $23.2M01
20201$16.0M $16.0M01
20174$14.8M $3.7M30

Sectors Funded

Science & Technology
1

Top States

Rhode Island
8

Grantee Size Profile

$5M - $10M
1

Top Grantees

UNIVERSITY OF RHODE ISLAND
RI - 5 grants
$95.5M
$2.1M

Grants Awarded · 1 grants

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Financials

Total Revenue
$39,148,726
Total Expenses
$32,846,138
Net Assets
$313,255,462
85 employees 213 volunteers
From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve
9.5 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 16.9%
Expenses ↓ 17.8%
Revenue Sources
Contributions 64.9% Earned revenue 18.1% Investment 16.9%
Expense Breakdown
Program 54.1% Management 21.4% Fundraising 24.5%

Officers & Trustees (53)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2023 Form 990$39,148,726 $32,846,138$313,255,462
2022 Form 990$33,495,561 $39,975,213$283,193,283
2021 Form 990$40,864,874 $36,747,549$275,031,197
2020 Form 990$57,014,684 $27,946,103$307,524,154
2017 Form 990$41,499,264 $23,173,538$194,669,152

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EIN: 05-6014351 · Source: IRS Form 990 e-file data