1. LEADERSHIP INTEGRITY of the Foundation. In partnership with its donors over the past 88 years, The Rhode Island Foundation has dedicated itself to meeting community needs throughout the state.
2. SUPERIOR INVESTMENT PERFORMANCE AND VALUE for your scholarship fund. The Foundation's nearly $400 million in assets are pooled for investment purposes, guaranteeing maximum returns for individual funds. And because the Foundation has many funds, the cost of maintaining individual funds is far less expensive.
3. FLEXIBILITY to meet individual needs. The Foundation manages a wide variety of funds, as diverse as our clients' interests - from a graduate student fellowship for students preparing to teach in the arts to a tuition assistance program for single parents receiving public assistance, and everything in between.
4. MAXIMUM TAX DEDUCTION for donors. We are a community foundation with public charity tax status. Clients enjoy the most favorable treatment by the IRS, whether a gift is in cash, securities, real estate, a bequest or any other planned giving vehicle.
5. PERMANENCE of the charitable intent of a fund is assured. Changes in administration of the Foundation will not affect the purpose of a fund. Donors can count on a fund to provide educational opportunities forever.
6. DONOR RECOGNITION is assured. Each fund is listed in the Foundation's annual Yearbook. In addition, grant checks bear the name of the specific scholarship fund and grant-award letters encourage recipients to send a letter of thanks to the donor and/or advisory committee of the fund.
7. IRS AND STATE REPORTING IS DONE FOR YOU. Scholarship funds have stringent reporting requirements. The Foundation takes responsibility for filing all reports for its community of funds.
8. PROFESSIONAL STAFF is available to help with every aspect of scholarship administration.
9. YOUR SCHOLARSHIP DOLLARS CAN GO FURTHER. When students take private scholarships to their colleges, they often find that their financial aid is reduced by an amount almost equal to their scholarship. Because the Foundation plays a unique role as a major scholarship provider, we are successful in substantially ensuring that students receive maximum benefit from a scholarship award.
10. INCREASED VISIBILITY for your scholarship. By choosing to partner with the Foundation, your fund becomes part of a major scholarship program that is publicized at every high school and college in the state.
