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We are proud to be part of the Rhode Island community! Follow our blog for the latest news and occasional commentary about what’s happening at the Foundation and around our great state.


Celebrating a year of making connections
By Chris Barnett / June 1, 2015 /   Loading Disqus...
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Hundreds of business leaders, donors, grant recipients, and community leaders gathered at the Rhode Island Convention Center for our 2015 Annual Meeting. Here are highlights of what CEO and President Neil Steinberg told them.

This, our sixth annual meeting, highlights our connection with the community and connection within the community. We celebrate, humbly knowing that there is a lot more to do. We take pride in our collective accomplishments, knowing many in our community need a helping hand and access to opportunities. We embrace the challenges, knowing that Rhode Island and Rhode Islanders have great potential for the future.

By connecting with many, as well as by initiating connections by others, we strive to reach further, be a catalyst for positive change, and achieve impact every single day. So, thank you, all of you, for your support, your leadership, and for inspiring and motivating us to do even more.

On June 13, 1916, the Rhode Island Foundation was founded by Jesse Metcalf with an initial gift of $10,000. This past year, with all of you, we raised $33.7 million from generous donors of all sizes; we gave out a record $34.8 million in grants to the nonprofit community - our boots on the ground partners - and our assets now stand at over $810 million. Next year, we will celebrate our Centennial, with and for the community. Watch for further exciting announcements as we get closer.

Jesse Metcalf set us on a course to pool local philanthropy and address issues of the day, in perpetuity. And the formula, although it takes a lot of work to achieve, is very simple. Raise more money by helping donors make their dreams come true; grow the endowment with a prudent and long-term investment approach. And that enables us to provide more funding and capacity building for nonprofits doing great work. Add in our leadership and advocacy, and we believe that, collectively, those efforts together reach and impact all of the one million people in the state of Rhode Island.

We collaborate to provide the best education for all Rhode Island students, and there are positive results. We are focused on leading healthcare discussions to achieve the triple aim – improved patient experience, improved health of the population, and reduced per capita cost of healthcare. We are focused on enhancing economic security through a stronger business ecosystem and working hard to connect the dots for workforce development that actually works! It is also our responsibility to be a champion for civic leadership and civil leadership.

Making, supporting, and leading connections in the community means we should all embrace and value the changing demographics in Rhode Island. Highlighted in the ongoing Providence Journal series, it is clear that we need to be more inclusive and responsive to the gaps in education, job opportunities, and income to create a pathway to success for everyone to strengthen Rhode Island’s future.

We set forth, over a year ago, our strategic priorities, which are educational success, economic security, healthy lives, and inspiring philanthropy. We also support arts and culture, children and families, the environment, housing, and basic human needs. Our nonprofit and government partners and connections are key to making an impact in all of these areas. Quite a robust and ambitious agenda to fulfill our mission: To be a proactive community and philanthropic leader dedicated to meeting the needs of ALL of the people of Rhode Island.

Thank you for connecting with each of us, for connecting with each other, for partnering with us, and for the inspiration to push forward to meet the needs of all of the people of Rhode Island. And, so, we honor three of our most inspiring partners: Bhikhaji M. Maneckji with our Inspiring Partner Award, Benjamin G. Paster with our Harold B. Soloveitzik Professional Leadership Award, and Meghan Hughes with our Community Leadership Award.

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