Nonprofit · EIN 22-2604963
THE RHODE ISLAND COMMUNITY FOUNDATION
Tax-exempt · PROVIDENCE, RI 02903
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $147,291,921 | $95,208,024 | $52,083,897 | $1,349,471,706 | $4,495,470 | $1,344,976,236 |
| December 31, 2023 | 990 | $87,701,485 | $102,860,359 | -$15,158,874 | $1,257,515,540 | $8,763,231 | $1,248,752,309 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $56,058,033
- of which government grants
- $1,700,000
- Program service revenue
- $0
- Investment income
- $90,705,183
- Net rental income
- $34,869
- Net gain from sales of assets
- $74,414,942
- Other revenue
- $528,705
Expenses
- Grants and similar amounts paid
- $76,135,619
- Compensation of officers, directors and key employees
- $2,176,025
- Other salaries and wages
- $5,555,076
- Salaries, compensation and benefits (total)
- $9,643,507
- Professional fundraising fees
- $0
- Legal fees
- $117,199
- Accounting fees
- $166,349
- Occupancy
- $631,530
- Travel
- $96,118
- Depreciation
- $208,295
- Program services (functional)
- $80,631,412
- Management and general (functional)
- $12,090,718
- Fundraising (functional)
- $2,485,894
Balance sheet and other
- Total assets, start of year
- $1,257,515,540
- Total assets, end of year
- $1,349,471,706
- Total liabilities, end of year
- $4,495,470
- Net assets, end of year
- $1,344,976,236
- Land, buildings and equipment
- $2,787,485
- Publicly traded securities
- $648,511,816
- Net assets without donor restrictions
- $1,336,848,698
- Net assets with donor restrictions
- $8,127,538
- Gross unrelated business income
- $827,319
- Gross receipts
- $301,288,740
- Employees
- 58
- Volunteers
- 250
- Year formed
- 1916
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID CICILLINE | PRESIDENT & CEO Officer | 40 | $795,906 | $44,136 |
| JENNIFER REID | VP OF FINANCE & CEO Officer | 40 | $282,816 | $20,089 |
| CHRISTOPHER BIZZACCO | CHIEF OF STAFF Highest-paid employee | 40 | $226,557 | $60,889 |
| BRIDGET BARATTA | VP OF DEVELOPMENT Key employee | 40 | $236,971 | $44,896 |
| KATHLEEN MALIN | CTO/VP OF OPERATIONS Key employee | 40 | $218,187 | $47,699 |
| ARIANNE CORRENTE | VP OF COMMUNICATIONS & MARKETING Key employee | 40 | $187,546 | $57,157 |
| JENNIFER PEREIRA | VP OF GRANTS & CLIMATE DIRECTOR Key employee | 40 | $187,976 | $52,645 |
| ANGELA ANKOMA | VP & ED EQUITY LEADERSHIP INITIATIVE Highest-paid employee | 40 | $181,422 | $48,030 |
| SHARON COLLIER | VICE PRESIDENT OF HUMAN RESOURCES Highest-paid employee | 40 | $188,590 | $33,463 |
| DANIEL KERTZNER | SENIOR PHILANTHROPIC ADVISOR Highest-paid employee | 40 | $180,987 | $31,743 |
| JILL PFITZENMAYER | VP OF CAPACITY BUILDING Highest-paid employee | 40 | $162,941 | $39,748 |
| G ALAN KUROSE MD MBA FACP | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| JANET ROBINSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CARRIE BRIDGES FELIZ MPH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELISSA R DUBOSE | DIRECTOR Trustee or director | 1 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JONATHAN D FAIN | DIRECTOR Trustee or director | 1 | $0 |
| EDWARD O HANDY III | DIRECTOR Trustee or director | 1 | $0 |
| ANN-MARIE HARRINGTON | DIRECTOR Trustee or director | 1 | $0 |
| MEGHAN HUGHES PHD | DIRECTOR Trustee or director | 1 | $0 |
| SALLY E LAPIDES | DIRECTOR (AS OF 05/2024) Trustee or director | 1 | $0 |
| SILVERMOON MARS LAROSE | DIRECTOR (AS OF 05/2024) Trustee or director | 1 | $0 |
| TONY MENDEZ | DIRECTOR Trustee or director | 1 | $0 |
| THERESA MOORE | DIRECTOR Trustee or director | 1 | $0 |
| PETER R PHILLIPS | DIRECTOR Trustee or director | 1 | $0 |
| JAMES WRIGHT | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NEIL STEINBERG | PRESIDENT/CEO (THRU 5/31) Officer | 40 | $425,004 | $41,572 |
| DAVID CICILLINE | PRESIDENT/CEO (AS OF 6/1) Officer | 40 | $387,540 | $11,415 |
| JENNIFER REID | CFO/TREASURER Officer | 40 | $297,370 | $1,712 |
| BRIDGET BARATTA | VP OF DEVELOPMENT Key employee | 40 | $238,911 | $35,207 |
| KATHLEEN MALIN | CTO/VP OF OPERATIONS Key employee | 40 | $222,431 | $47,123 |
| JENNIFER PEREIRA | VP OF GRANTS & COMMUNITY INVESTMENT Key employee | 40 | $192,251 | $52,252 |
| ARIANNE CORRENTE | VP OF COMMUNICATIONS & MARKETING Key employee | 40 | $183,248 | $55,714 |
| ANGELA ANKOMA | VP & ED EQUITY LEADERSHIP INITIATIVE Highest-paid employee | 40 | $177,169 | $56,786 |
| SHARON COLLIER | VICE PRESIDENT OF HUMAN RESOURCES Highest-paid employee | 40 | $188,018 | $32,871 |
| DANIEL KERTZNER | SENIOR PHILANTHROPIC ADVISOR Highest-paid employee | 40 | $176,739 | $30,750 |
| JILL PFITZENMAYER | VP OF CAPACITY BUILDING Highest-paid employee | 40 | $160,169 | $38,654 |
| CHRISTINE PELLEGRI | SENIOR PHILANTHROPIC ADVISOR Highest-paid employee | 40 | $148,353 | $35,120 |
| G ALAN KUROSE MD MBA FACP | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| JANET ROBINSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL K ALLIO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARRIE BRIDGES FELIZ MPH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELISSA R DUBOSE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JONATHAN D FAIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWARD O HANDY III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANN-MARIE HARRINGTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MEGHAN HUGHES PHD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONY MENDEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THERESA MOORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER R PHILLIPS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES WRIGHT | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- ONE UNION STATION, PROVIDENCE, RI 02903-1822
- Principal officer (990 for 2024)
- DAVID CICILLINE, ONE UNION STATION, PROVIDENCE, RI 02903
- Signed the 990
- JENNIFER REID, CHIEF FINANCIAL OFFICER
- Phone
- (401) 274-4564
- Website
- RIFOUNDATION.ORG
- Return prepared by
- KPMG LLP
Mission
THE RHODE ISLAND FOUNDATION MOBILIZES GENEROSITY AND MOTIVATES CHANGE THAT MAKES A DIFFERENCE
Program accomplishments
- DONOR ADVISED FUNDS: PROVIDING VEHICLES FOR DONORS TO MAKE GRANTS TO QUALIFIED CHARITIES ACTIVELY PARTICIPATING IN GRANT RECOMMENDATIONS.Expenses $38,697,444 · grants $36,539,778
- DONOR DESIGNATED FUNDS: PROVIDING VEHICLES FOR DONORS TO MAKE GRANTS TO QUALIFIED CHARITIES BY DESIGNATING A QUALIFIED CHARITY.Expenses $21,678,032 · grants $20,469,322
- CORE GRANTMAKING PROGRAMS: GRANTMAKING FOCUSED PRIMARILY ON CIVIC AND CULTURAL LIFE; CLIMATE ACTION AND SUSTAINABILITY; EDUCATION AND STUDENT SUCCESS; HEALTHY AND STRONG COMMUNITIES; AND HOUSING AND ECONOMIC MOBILITY; GUIDED BY INCLUSIVENESS, ACCESSIBILITY, COMPASSION, MUTUAL RESPECT AND HUMILITY. ADDITIONAL GRANTMAKING PROGRAMS ALSO SUPPORT TOPIC- AND GEOGRAPHY SPECIFIC PROJECTS ACROSS RHODE ISLAND, FOR THE BENEFIT OF ALL RHODE ISLANDERS AND IN ALIGNMENT WITH DONOR INTENT.Expenses $20,255,936 · grants $19,126,519
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2604963
- 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
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $1,349,471,706
- Income (IRS master file)
- $301,288,740
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $147,291,921 | $95,208,024 | $1,349,471,706 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $87,701,485 | $102,860,359 | $1,257,515,540 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $94,559,880 | $94,070,249 | $1,164,890,574 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | 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 22-2604963).
Questions about THE RHODE ISLAND COMMUNITY FOUNDATION
- What is the EIN of THE RHODE ISLAND COMMUNITY FOUNDATION?
- The employer identification number (EIN) of THE RHODE ISLAND COMMUNITY FOUNDATION is 22-2604963.
- Is THE RHODE ISLAND COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to THE RHODE ISLAND COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE RHODE ISLAND COMMUNITY 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 THE RHODE ISLAND COMMUNITY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE RHODE ISLAND COMMUNITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE RHODE ISLAND COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2024 names DAVID CICILLINE.
- Who are the officers and directors of THE RHODE ISLAND COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 25 people; 11 received compensation from the organization, the highest $795,906 (DAVID CICILLINE, PRESIDENT & CEO).
- How much revenue does THE RHODE ISLAND COMMUNITY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $147,291,921, expenses of $95,208,024 and total assets of $1,349,471,706 at year end.
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- RALPH R PAPITTO AND BARBARA A PAPITTO PRIVATE FAMILY FOUNDATION EIN 85-4150612 · last filed 990-PF for 2024
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- JEWISH FEDERATION FOUNDATION EIN 05-0259003 · last filed 990 for 2025
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- GILBANE FAMILY FOUNDATION INC EIN 88-2694682 · last filed 990-PF for 2024
- TEXTRON CHARITABLE TRUST 540 008 EIN 25-6115832 · last filed 990-PF for 2024
All nonprofits in PROVIDENCE · Rhode Island · Philanthropy, voluntarism and grantmaking foundations