Skip to main content

Nonprofit · EIN 05-0468736

RHODE ISLAND HOSPITAL FOUNDATION

Tax-exempt · PROVIDENCE, RI 02903

Financials

$15.4M$14.4M2022$18.2M$16.7M2023$25.4M$16.8M2024
Revenue Expenses · by fiscal year end
Financials of RHODE ISLAND HOSPITAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$25,366,267$16,790,327$8,575,940$86,169,595$318,611$85,850,984
September 30, 2024990$18,204,795$16,745,619$1,459,176$76,098,578$168,676$75,929,902
September 30, 2023990$15,408,248$14,430,872$977,376$70,660,788$178,048$70,482,740
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$20,151,923
of which government grants
$35,000
Program service revenue
$0
Investment income
$5,351,597
Net gain from sales of assets
$3,616,954
Net income from fundraising events
-$137,253
Other revenue
-$137,253

Expenses

Grants and similar amounts paid
$13,141,067
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$171,355
Program services (functional)
$13,141,067
Management and general (functional)
$337,754
Fundraising (functional)
$3,311,506

Balance sheet and other

Total assets, start of year
$76,098,578
Total assets, end of year
$86,169,595
Total liabilities, end of year
$318,611
Net assets, end of year
$85,850,984
Publicly traded securities
$41,485,219
Net assets without donor restrictions
$980,233
Net assets with donor restrictions
$84,870,751
Gross receipts
$40,146,421
Employees
0
Volunteers
328
Year formed
1992
State of legal domicile
RI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Peter K MarkellEVP & CFO
Officer
0.1$0$1,464,555$40,760
Dean G Roye MDPresident thru 6/24
Former
0$0$845,405$158,136
Sarah FrostPresident
Trustee or director, Officer
10$0$744,621$69,863
Phyllis A Dennery MDTrustee
Trustee or director
0.5$0$758,853$48,685
Sheryl AmaralTrustee
Trustee or director
2$0$0$0
Roger N BeginInterim Chair eff 12/24
Trustee or director, Officer
1$0$0$0
Paul BusbyTrustee
Trustee or director
4$0$0$0
Anthony CalandrelliSecretary
Trustee or director, Officer
1$0$0$0
James L Carr JrTrustee
Trustee or director
2$0$0$0
Denise ChakoianTrustee
Trustee or director
5$0$0$0
Wayne CharnessTrustee thru 12/24
Trustee or director
1$0$0$0
Michael D'AmbraTrustee
Trustee or director
0.15$0$0$0
Sandy Delli-CarpiniTrustee
Trustee or director
0.1$0$0$0
Bradford S DimeoTrustee
Trustee or director
1$0$0$0
Edwin G Fischer MDTrustee
Trustee or director
1$0$0$0
22 more people on this return
NameTitleHours / weekCompensation
Ralph V Fleming JrTrustee thru 12/24
Trustee or director
0$0
Lisa M GilbertTrustee
Trustee or director
4$0
Kristen Haffenreffer-MoranTrustee
Trustee or director
0$0
Elizabeth HuberV.Chair
Trustee or director, Officer
0.25$0
Jerry HymanTrustee
Trustee or director
1$0
Mahesh V Jayaraman MDTrustee
Trustee or director
0.5$0
Dolph JohnsonTrustee
Trustee or director
0.25$0
Keith D KellyTrustee
Trustee or director
1$0
Scott B LauransTrustee
Trustee or director
0$0
Thomas A LawsonTrustee
Trustee or director
0$0
Francois I Luks MD PhDTrustee
Trustee or director
1$0
Robert ManningTreasurer
Trustee or director, Officer
0.25$0
Donna M PaolinoTrustee
Trustee or director
0$0
Holly ParasTrustee
Trustee or director
0$0
Elizabeth J PerikTrustee
Trustee or director
1$0
James A ProcacciantiTrustee
Trustee or director
10$0
Nicholas J RodriquesTrustee
Trustee or director
2$0
Douglas ScalaTrustee thru 12/24
Trustee or director
0$0
Anthony ThomasTrustee
Trustee or director
0$0
Melisa VerrecchiaTrustee
Trustee or director
3$0
Victor VettersTrustee
Trustee or director
11$0
Robert K VincentChair thru 12/10/24
Trustee or director, Officer
5$0
990 for the year ended September 30, 2024: 37 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Peter K MarkellEVP & CFO
Officer
0.1$0$1,193,642$18,928
G Dean Roye MDPres.- 6/24
Officer
1$0$850,449$147,891
Phyllis A Dennery MDTrustee
Trustee or director
0.5$0$750,209$47,162
Sheryl AmaralTrustee
Trustee or director
2$0$0$0
Roger N BeginTrustee
Trustee or director
0.5$0$0$0
Paul BusbyTrustee
Trustee or director
4$0$0$0
Anthony CalandrelliSecretary
Trustee or director, Officer
1$0$0$0
James L Carr JrTrustee
Trustee or director
2$0$0$0
Denise ChakoianTrustee
Trustee or director
5$0$0$0
Wayne CharnessTrustee
Trustee or director
1$0$0$0
Ellen CollisTreas- 12/23
Trustee or director, Officer
0$0$0$0
Michael D'AmbraTrustee
Trustee or director
0.15$0$0$0
Sandy Delli-CarpiniTrustee
Trustee or director
0.1$0$0$0
Bradford S DimeoTrustee
Trustee or director
1$0$0$0
Edwin G Fischer MDTrustee
Trustee or director
1$0$0$0
Sarah FrostPresident
Trustee or director, Officer
0.1$0$0$0
Ralph V Fleming JrTrustee
Trustee or director
0$0$0$0
Kristen Haffenreffer-MoranTrustee
Trustee or director
1$0$0$0
Elizabeth HuberVice Chair
Trustee or director, Officer
0.25$0$0$0
Jerry HymanTrustee
Trustee or director
1$0$0$0
Mahesh V Jayaraman MDTrustee
Trustee or director
0.5$0$0$0
Dolph JohnsonTrustee
Trustee or director
0.25$0$0$0
Keith D KellyTrustee
Trustee or director
1$0$0$0
Scott B LauransTrustee
Trustee or director
0$0$0$0
Thomas A LawsonTrustee
Trustee or director
0$0$0$0
Francois I Luks MD PhDTrustee
Trustee or director
1$0$0$0
Robert ManningTreasurer
Trustee or director, Officer
0.25$0$0$0
Donna M Paolino CoiaTrustee
Trustee or director
0.1$0$0$0
Holly ParasTrustee
Trustee or director
0$0$0$0
Elizabeth J PerikTrustee
Trustee or director
1$0$0$0
James A ProcacciantiTrustee
Trustee or director
10$0$0$0
Nicholas J RodriquesTrustee
Trustee or director
5$0$0$0
Douglas ScalaTrustee
Trustee or director
1$0$0$0
Anthony ThomasTrustee
Trustee or director
0$0$0$0
Melisa VerrechiaTrustee
Trustee or director
3$0$0$0
Victor VettersTrustee
Trustee or director
1$0$0$0
Robert K VincentChairperson
Trustee or director, Officer
5$0$0$0
990 for the year ended September 30, 2023: 37 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Saul N Weingart MD PhDPres. 7/23
Trustee or director, Officer
30$0$887,216$48,295
David A KirshnerEVP/CFO- 11/22
Officer
0$0$857,218$20,609
Phyllis A Dennery MDTrustee
Trustee or director
20$0$729,212$44,337
G Dean Roye MDPresident
Officer
1$0$582,160$129,525
Sheryl AmaralTrustee
Trustee or director
2$0$0$0
Roger N BeginTrustee
Trustee or director
0.5$0$0$0
Paul BusbyTrustee
Trustee or director
4$0$0$0
Anthony CalandrelliSecretary
Trustee or director, Officer
1$0$0$0
James L Carr JrTrustee
Trustee or director
2$0$0$0
Denise ChakoianTrustee
Trustee or director
5$0$0$0
Wayne CharnessTrustee
Trustee or director
1$0$0$0
Ellen CollisTreasurer
Trustee or director, Officer
0$0$0$0
Michael D'AmbraTrustee
Trustee or director
0.15$0$0$0
Sandy Delli-CarpiniTrustee
Trustee or director
0.1$0$0$0
Bradford S DimeoTrustee
Trustee or director
1$0$0$0
Edwin G Fischer MDTrustee
Trustee or director
0$0$0$0
Ralph V Fleming JrTrustee
Trustee or director
0$0$0$0
Kristen Haffenreffer-MoranTrustee
Trustee or director
1$0$0$0
Elizabeth HuberVice Chair
Trustee or director, Officer
0.25$0$0$0
Mahesh V Jayaraman MDTrustee
Trustee or director
0.5$0$0$0
Dolph JohnsonTrustee
Trustee or director
0.25$0$0$0
Keith D KellyTrustee
Trustee or director
1$0$0$0
Scott B LauransTrustee
Trustee or director
0$0$0$0
Thomas A LawsonTrustee
Trustee or director
0$0$0$0
Francois I Luks MD PhDTrustee
Trustee or director
1$0$0$0
Robert ManningTrustee
Trustee or director
0.25$0$0$0
Donna M PaolinoTrustee
Trustee or director
0$0$0$0
Holly ParasTrustee
Trustee or director
5$0$0$0
Elizabeth J PerikTrustee
Trustee or director
1$0$0$0
James A ProcacciantiTrustee
Trustee or director
10$0$0$0
Nicholas J RodriquesTrustee
Trustee or director
5$0$0$0
Douglas ScalaTrustee
Trustee or director
1$0$0$0
Anthony ThomasTrustee
Trustee or director
0$0$0$0
Melisa VerrechiaTrustee
Trustee or director
3$0$0$0
Victor VettersTrustee
Trustee or director
0.75$0$0$0
Robert K VincentChairperson
Trustee or director, Officer
5$0$0$0
Peter K MarkellEVP & CFO
Officer
0.1$0$0$0

Address and contacts

Address (IRS master file)
15 LASALLE SQUARE, PROVIDENCE, RI 02903-1814
Principal officer (990 for 2024)
Sarah Frost, 15 LaSalle Sqaure, Providence, RI 02903
Signed the 990
Kevin Bickerstaff, Director of Finance
Phone
(401) 444-6500

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.

990 for the year ended September 30, 2025

Program accomplishments

  • During fiscal year 2025, Rhode Island Hospital Foundation (RIHF) made transfers of $2,039,411 to Rhode Island Hospital (RIH) to support the renovations, relocation and creation of The POC Center for Sickle Cell and Other Diseases in addition to supporting both the program and staffing. Other significant philanthropic transfers to RIH were as follows: (1) $1,406,756 to Rainwater Neurosurgery Research in general support, including equipment purchases, for brain tumor and other brain cancer related research for the Brain Tumor Program within Neurosurgery at RIH; (2) $788,605 to provide resources to support critical components necessary to create an environment to treat and unravel mysteries of the brain and nervous system; (3) $680,358 for general cancer institute support and usage inclusive of providing patient assistance within the Brown University Health Cancer Institute at RIH; and(4) $502,860 To support the design and construction costs associated with the renovations of the RIH lobby.
    Expenses $8,203,534 · grants $8,203,534
  • Through the development and administration of its philanthropic activities, RIHF is able to transfer funds raised to RIH to support its mission and purposes, which in turn benefits the Rhode Island community. Most notably, RIHF provides philanthropic support to various programs at Hasbro Children's Hospital (HCH), the pediatric division of RIH. In fiscal year 2025, the Foundation transferred the following to various HCH programs and capital projects: (1) $516,012 for the general purposes of treating children with cancer as determined by the Director of Hematology/Oncology; (2) $434,208 to support the Pediatric Pulmonary Program; and (3) $446,731 in support of the Child Life Program, which offers pediatric patients and their families opportunities for recreation, creativity, and diversion to provide a sense of normalcy during their hospital stay. The goals of HCH's Child Life Program are to: (a) encourage children and adolescents to maintain a sense of independence, self-esteem, and control; (b) reduce the potential stress associated with the medical experience; (c) reestablish family routines; and (d) listen and advocate for family-centered care.
    Expenses $4,393,748 · grants $4,393,748
  • RIHF remitted $538,785 of endowment earnings to The Warren Alpert Medical School of Brown University in fiscal year 2025 in support of shared chairs in cardiothoracic surgery, orthopedics, urology, emergency medicine, and oncology.
    Expenses $538,785 · grants $538,785
  • RIHF remitted $5,000 of grants to outside agencies in fiscal year 2025 in support of scholarships awards related to nursing and pre-med studies.
    Expenses $5,000 · grants $5,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
05-0468736
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E110)
Assets (IRS master file)
$86,169,595
Income (IRS master file)
$40,146,421

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$25,366,267$16,790,327$86,169,595XML
990September 2024$18,204,795$16,745,619$76,098,578XML
990September 2023$15,408,248$14,430,872$70,660,788XML
990-TSeptember 2023–––IRS
990September 2022$16,978,703$12,868,622$66,839,907IRS
990-TSeptember 2022–––IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 05-0468736).

Questions about RHODE ISLAND HOSPITAL FOUNDATION

What is the EIN of RHODE ISLAND HOSPITAL FOUNDATION?
The employer identification number (EIN) of RHODE ISLAND HOSPITAL FOUNDATION is 05-0468736.
Is RHODE ISLAND HOSPITAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to RHODE ISLAND HOSPITAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RHODE ISLAND HOSPITAL FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RHODE ISLAND HOSPITAL FOUNDATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RHODE ISLAND HOSPITAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of RHODE ISLAND HOSPITAL FOUNDATION?
The 990 for the year ended September 30, 2025 names Sarah Frost.
Who are the officers and directors of RHODE ISLAND HOSPITAL FOUNDATION?
The 990 for the year ended September 30, 2025 lists 37 people; 0 received compensation from the organization.
How much revenue does RHODE ISLAND HOSPITAL FOUNDATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $25,366,267, expenses of $16,790,327 and total assets of $86,169,595 at year end.

Other nonprofits in PROVIDENCE

All nonprofits in PROVIDENCE · Rhode Island · Health care