Our Blog RSS

The latest news and occasional commentary about what’s happening at the Foundation and around our great state. 

Rhode Island Foundation Blog

rss

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.


Thomas DePetrillo and Carol Keefe Fund
By Jean Cohoon / December 31, 2013 /   Loading Disqus...
In his recently-released book, Don’t Stop the Roller Coaster: Business and Life Lessons, Tom DePetrillo states, “Having money is nice, but it is a blessing only if you share some of it to help your community and those less fortunate than you.”

That is what Tom and his wife, Carol Keefe, plan to do through this donor advised fund. “We both have a penchant to contribute to poor people, where the money goes directly to them, and where you can see the results. We want to help people who are really having a hard time in their lives,” Carol explains.

Tom was raised primarily in Chad Brown public housing in Providence, and is one of 11 children. “It was really a great childhood. We didn’t think about how little our parents had,” Tom says.

He completed ninth grade, then quit school to help support his family. Enlisting in the service at 17, Tom obtained his GED and completed a one-year electronics course before serving two years in Germany. Upon discharge, he worked in electronics for General Electric, Raytheon, and Westinghouse. Tom later became a stock broker, then an investment banker which he continued until 1996 when he started his own venture capital and buyout firm, Providence Capital Group.

Carol, who was born in Boston and grew up in Connecticut, earned an undergraduate degree from Southern Connecticut State University and a master’s in education from University of Massachusetts Amherst. She taught remedial reading in junior and senior high schools in Massachusetts before pursuing a law degree at Suffolk University. After graduating, she worked in the attorney general’s office as a criminal prosecutor, worked as a public defender, and later entered private practice, from which she retired eight years ago.

Carol and Tom’s family includes Tom’s three children from an earlier marriage, Tom, Erin, and Paul, as well as two grandchildren.

Tom concludes his book by encouraging readers “to do their part to help other people and make the world a better place. Get involved. You can make a difference.” That’s what Tom and Carol are doing through the Foundation.
blog comments powered by Disqus

Featured Post

  • Making science come alive Posted 5 days ago
    Thanks to our Carter Spark Grant, Narragansett Elementary School students just learned a lot about life around Narragansett Bay. Special education teacher Karen Festa used the grant to bring Save the Bay’s living “Bay Classroom Experience” to school.
  • Roger Williams' ideals come to life in scholarship recipients Posted 2 weeks ago
    The Rhode Island Foundation is sending seven high school seniors off to college with scholarships honoring Roger Williams, the state’s founding father.The four-year, renewable scholarships are through the Carter Roger Williams Initiative, which was launched last year by philanthropists Letitia and the late John Carter.
  • Carter fellowships inspire innovation Posted last month
    The recipients will receive $200,000 over four years to test and implement their proposals to dramatically improve life in Rhode Island thanks to the generosity of philanthropists Letitia and the late John Carter.
  • Grants will improve health of RI'ers Posted last month
    Our RIGHA Foundation Fund awards more than $280,000 in grants to promote primary health care.
  • Introducing moves to fuel growth and expansion Posted 3 months ago
    We are launching a new grantmaking opportunity, refining our strategic priorities, adopting impact targets and adding new staff positions to support work with partners, donors, nonprofits and community leaders.
Read More »

Address

LocationOne Union Station
Providence, RI 02903
Directions

Contact

(401) 274-4564
info@rifoundation.org

E-News Sign Up