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University of Rhode Island Foundation & Alumni Engagement

Kingston, RI · EIN 05-6014351 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

University of Rhode Island Foundation & Alumni Engagement reported $111.7 million in revenue and $33.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $55.36 went to program services, $20.44 to management and general costs and $24.20 to fundraising. Its largest source of revenue was contributions and grants: 74.2% of the total. The highest compensation it reported for one person was $519,988 (PRESIDENT (TO 12/24)). 24 people received more than $100,000 in reportable compensation. Revenue rose 96% between FY2021 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $34M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $112M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
55.4%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
20.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
24.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.10$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
74.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
6.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$519,988$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.54%1.28%
People paid over $100,000
Part VII, line 2
248
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
143.713.3
Independent voting board members
Part VI 1a–1b
31 of 31100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$746K expenses · 4.0% of program spending · grants $746K · revenue $283K

Building and equipment, the University of Rhode Island Foundation and alumni engagement (urifae) receives gifts on behalf of donors that are restricted to support building and equipment initiatives through the university campus

$7.3M expenses · 38.8% of program spending · grants $7.3M · revenue $2.8M

Program services, the University of Rhode Island Foundation and alumni engagement receives gifts on behalf of donors that are restricted to support academic programs through the university. Expenditures are paid by the university using foundation funds. Prior to the foundation funding expenditures, the university provides documentation to the foundation to ensure expenditures align with donor intended purpose. Occasionally the foundation will pay the vendor directly

$3.9M expenses · 20.7% of program spending · grants $3.9M · revenue $1.5M

Scholarships, awards and fellowships, the University of Rhode Island Foundation and alumni engagement receives gifts on behalf of donors that are restricted to the support of financial aid for university students. To ensure compliance with all university, federal and state financial aid requirements, the university selects the student recipient and makes the awards directly to students. The foundation provides funds to the university for the financial aid expenditures

$6.8M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT (TO 12/24)
Officer, 40.00 hrs/week
$467,258$0$52,730$519,988
VP FOR DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$269,469$0$45,092$314,561
CFO AND VP OF ERM
Officer, 40.00 hrs/week
$265,640$0$44,469$310,109
CHIEF OPERATIONS OFFICER
Officer, 40.00 hrs/week
$206,111$0$32,293$238,404
AVP DEVELOPMENT, HEALTH INITIATIVES
Highest compensated employee, 40.00 hrs/week
$167,404$0$38,191$205,595
ASSISANT VICE PRESIDENT, ANNUAL INITIATIVES
Highest compensated employee, 40.00 hrs/week
$171,499$0$31,550$203,049
EXEC. DIR. OF CORP. & FOUN
Highest compensated employee, 40.00 hrs/week
$169,397$0$31,906$201,303
ASSOCIATE VICE PRESIDENT, ENGAGEMENT
Highest compensated employee, 37.50 hrs/week
$152,062$0$30,106$182,168

24 people received more than $100,000 in reportable compensation from University of Rhode Island Foundation & Alumni Engagement (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2021FY2022FY2023FY2024FY2025$112M$34M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$112M$34M55.4%$405M$519,988
FY2024 ⓘ$39M$33M54.1%$313M$455,900
FY2023 ⓘ$33M$40M65.1%$283M$445,775
FY2022 ⓘ$41M$37M63.1%$275M$434,594
FY2021 ⓘ$57M$28M57.2%$308M$452,428

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b31 · 31 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 586
  • Volunteers Part I, line 653

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
PLDO STRATEGIES
Legal services
$120,000

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

9 private foundations reported grants to University of Rhode Island Foundation & Alumni Engagement totaling $869K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from University of Rhode Island Foundation & Alumni Engagement's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for University of Rhode Island Foundation & Alumni Engagement, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Rhode Island

Questions people ask

How much of University of Rhode Island Foundation & Alumni Engagement's spending goes to programs?

In the fiscal year ending June 30, 2025, University of Rhode Island Foundation & Alumni Engagement reported that 55.4% of its $33.8 million in expenses went to program services, 20.4% to management and general and 24.2% to fundraising (Form 990, Part IX).

How much does University of Rhode Island Foundation & Alumni Engagement pay its top executive?

The largest total compensation University of Rhode Island Foundation & Alumni Engagement reported for one person in the fiscal year ending June 30, 2025 was $519,988, for the role of PRESIDENT (TO 12/24) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does University of Rhode Island Foundation & Alumni Engagement get its money?

Of $111.7 million in revenue in the fiscal year ending June 30, 2025, 74.2% came from contributions and grants and 6.4% from program service revenue (Form 990, Part VIII).

Is University of Rhode Island Foundation & Alumni Engagement a registered charity?

The IRS lists EIN 05-6014351 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631339349302578 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501199349302350 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421169349301807 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331109349300908 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240699349300909 · read the filing

All filings for EIN 05-6014351: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.