Overview
What is University Of Rhode Island Foundation & Alumni Engagement?
The University of Rhode Island Foundation & Alumni Engagement, based at 79 Upper College Road, Kingston, RI, is a nonprofit organization dedicated to inspiring and stewarding philanthropic support for the University of Rhode Island (URI). Their mission involves encouraging donations to benefit the university and engaging alumni as committed partners. Restricted gifts received by the foundation support building and equipment initiatives at URI's campus. Their work extends beyond fundraising, as they also inform and involve alumni in the university community, fostering a strong connection to its mission and traditions.
Official website here: www.urifae.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 91% (Four-Star out of Four Star rating)
The University of Rhode Island Foundation & Alumni Engagement has achieved a strong Four-Star rating, reflecting its solid accountability and financial practices. The organization scored 91% overall, with significant strengths highlighted in its governance, including a fully independent board and effective oversight mechanisms. The absence of material diversion of assets and sound policies on conflicts of interest and whistleblower protections further bolster its rating.
Financially, the foundation demonstrates robust stability, evidenced by a low liabilities-to-assets ratio of 2.95% and a commendable working capital ratio of 8.12 years. However, its program expense ratio of 62.27% indicates that less than two-thirds of its expenses are directed toward programs, which some donors may view as a point of concern. Additionally, the fundraising efficiency ratio of $0.29 suggests that a larger portion of funds raised is expended on fundraising activities, which may impact its overall operational effectiveness.
While the foundation showcases strong governance and financial health, potential donors may want to consider the implications of its program and fundraising efficiency scores. Overall, the University of Rhode Island Foundation & Alumni Engagement appears to be a well-managed organization with a commitment to accountability, making it a trustworthy choice for contributions.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about University Of Rhode Island Foundation & Alumni Engagement?
88% of the reviewers on Facebook recommend the University of Rhode Island Foundation & Alumni Engagement. Here is a summary of their reviews:
Many alumni express a strong commitment to supporting the university, highlighting the importance of continued contributions to benefit current students. One reviewer emphasized their personal experience as a student and the value of giving back to ensure future success for others. This strong sense of community and nostalgia suggests that alumni feel a deep connection to the institution and are motivated to help sustain its future.
Overall, the sentiment reflects a positive outlook toward the foundation's efforts, with alumni advocating for ongoing support despite external challenges. The feedback indicates that many believe in the importance of maintaining a robust alumni engagement to uplift the university's mission and impact on students.
This AI summary has been generated from reviews found on Facebook.
Is University Of Rhode Island Foundation & Alumni Engagement legitimate?
University Of Rhode Island Foundation & Alumni Engagement is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Rhode Island Foundation & Alumni Engagement submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $899,901
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,879,841
For more financial information, click here
Official website here: www.urifae.org
What is the mission statement of University Of Rhode Island Foundation & Alumni Engagement?
The University of Rhode Island Foundation & Alumni Engagement aims to inspire and steward philanthropic support for the University of Rhode Island (URI). They function as a bridge between donors and the university, managing donations that are restricted to initiatives benefiting URI's campus, specifically those related to building and equipment. The foundation's goal is to engage alumni as committed partners of the university, fostering a sense of connection and commitment to URI's mission and traditions. By doing so, they contribute to the betterment of the university and enhance its overall development.
Official website here: www.urifae.org
Who is the CEO of University Of Rhode Island Foundation & Alumni Engagement?
Adam Quinlan is the Trustee (To 6/22) of University Of Rhode Island Foundation & Alumni Engagement.
Official website here: www.urifae.org
What is the revenue of University Of Rhode Island Foundation & Alumni Engagement?
University Of Rhode Island Foundation & Alumni Engagement's revenue in 2022 was $40,864,874.
Official website here: www.urifae.org
Who are the executives of University Of Rhode Island Foundation & Alumni Engagement and what are their salaries?
The average compensation at University Of Rhode Island Foundation & Alumni Engagement during 2022 was $88,049. There are 77 employees and 144 volunteers at University Of Rhode Island Foundation & Alumni Engagement.
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Official website here: www.urifae.org
Where can I find the form 990 for University Of Rhode Island Foundation & Alumni Engagement?
University Of Rhode Island Foundation & Alumni Engagement's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.urifae.org
Learn more at the official website: www.urifae.org
Mission Statement of University Of Rhode Island Foundation & Alumni Engagement
University of Rhode Island Foundation & Alumni Engagement, a key organization, is dedicated to inspiring and stewarding philanthropic support that benefits the University of Rhode Island (URI). In this role, the Foundation serves as a bridge between donors and the University, ensuring funds are allocated effectively to support building and equipment initiatives.
The mission of URI Foundation & Alumni Engagement extends beyond financial stewardship. It also involves informing and engaging alumni as committed partners of the University and its traditions. By fostering a strong sense of connection and involvement, the Foundation enhances the URI community, both on and off campus.
The University of Rhode Island Foundation & Alumni Engagement plays a vital role in nurturing philanthropic support for the University. It does this by receiving and managing donor gifts that are restricted for use in supporting building and equipment initiatives. This committed approach to fundraising and resource management enables the University to enhance its campus and continually improve its facilities for students, faculty, and the broader community.
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Impact
October, 2024
The University of Rhode Island Foundation & Alumni Engagement plays a crucial role in enhancing the university's capacity to achieve its mission and support its traditions. By inspiring and managing philanthropic contributions, the organization significantly impacts the university's ability to fund building and equipment initiatives across the campus. This support not only facilitates the development of state-of-the-art facilities and resources for current and future students but also fosters a sense of community among alumni. Engaging alumni as dedicated partners strengthens their connection to the university and allows them to contribute to the institution's growth and success, ultimately enriching the educational experience at the University of Rhode Island.
This information is meant to be a general summary of University Of Rhode Island Foundation & Alumni Engagement. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,007,523
- Program Service Revenue: $6,989,884
- Gross Receipts: $59,250,139
Assets and Liabilities:
- Total Assets: $283,152,721
- Total Liabilities: $8,121,524
- Net Assets: $275,031,197
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICES FOR URI & AFF
Revenue
$6,989,884
Organization Details
Founding Year
1957
Phone
(401) 874-7900Principal Officer
Adam Quinlan
Main Address
79 UPPER COLLEGE ROAD, KINGSTON, RI, 02881
Website
www.urifae.orgNTEE Category
Code: B110 - Education
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