RHODE ISLAND HOSPITAL FOUNDATION Charity Report

Public IRS 990 nonprofit record

RHODE ISLAND HOSPITAL FOUNDATION

EIN 05-0468736 · Health Care (E110)

What they do

to Be Operated Exclusively for Charitable, Scientific, and Educational Purposes, and More Specifically, for The Purpose of Supporting and Otherwise Benefiting and Being Responsive to The Needs of Brown University Health and Its Affiliates.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders37 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

73.98%of revenue went to mission work80.4% of expenses · Program services

17.25%of revenue went to fundraising18.7% of expenses

$91.98spent for every $100 of revenueRevenue covered expenses this year.

0.76%of revenue went to management and office costs0.8% of expenses

$4.54in assets for every $1 spent this yearSome assets cannot be spent right away.

70.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $147,891 for G DEAN ROYE MD (PRES.- 6/24). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$18,204,795

Mission workProgram services$13,468,53073.98% of revenue80.4% of expenses

ManagementOffice and general costs$137,6600.76% of revenue0.8% of expenses

FundraisingAsking for donations$3,139,42917.25% of revenue18.7% of expenses

Revenue left after expensesReported annual surplus$1,459,1768.02% of revenueShown in gray on the chart

Total expenses$16,745,61991.98% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 80.4% mission · 0.8% management · 18.7% fundraisingTotal expenses: 91.98% of revenue

2022Expense mix: 77.4% mission · 2.7% management · 19.8% fundraisingTotal expenses: 93.66% of revenue

2021Expense mix: 76.6% mission · 0.8% management · 22.6% fundraisingTotal expenses: 75.79% of revenue

2020Expense mix: 84.5% mission · 0.4% management · 15.0% fundraisingTotal expenses: 117.84% of revenue

2019Expense mix: 83.5% mission · 0.5% management · 16.0% fundraisingTotal expenses: 125.75% of revenue

2018Expense mix: 77.1% mission · 1.0% management · 21.9% fundraisingTotal expenses: 78.93% of revenue

2017Expense mix: 69.0% mission · 0.3% management · 30.6% fundraisingTotal expenses: 60.53% of revenue

2016Expense mix: 65.4% mission · 0.3% management · 34.2% fundraisingTotal expenses: 65.02% of revenue

Money in and money out

Revenue$18,204,795

Expenses$16,745,619

Annual surplus $1,459,176 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$13,468,530 · 80.4% of expenses

Management and office costs$137,660 · 0.8% of expenses

Fundraising$3,139,429 · 18.7% of expenses

See all reported dollar amounts

Revenue$18,204,795

Expenses$16,745,619

Assets$76,098,578

Income$41,898,071

Contributions$12,889,125

Mission work (program services)$13,468,530

Fundraising$3,139,429

Grants given$76,861,026

Average grant$6,405,086

Management and general$137,660

Stocks and bonds$37,010,549

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

G DEAN ROYE MDPRES.- 6/24 · 1 hrs/week $147,891Base · Other $147,891

PHYLLIS A DENNERY MDTRUSTEE $47,162Base · Other $47,162

PETER K MARKELLEVP & CFO $18,928Base · Other $18,928

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (37)

G DEAN ROYE MDPRES.- 6/24

PHYLLIS A DENNERY MDTRUSTEE

PETER K MARKELLEVP & CFO

ROBERT K VINCENTCHAIRPERSON

MELISA VERRECHIATRUSTEE

MICHAEL DAMBRATRUSTEE

NICHOLAS J RODRIQUESTRUSTEE

PAUL BUSBYTRUSTEE

RALPH V FLEMING JRTRUSTEE

ROBERT MANNINGTREASURER

KRISTEN HAFFENREFFER-MORANTRUSTEE

ROGER N BEGINTRUSTEE

SANDY DELLI-CARPINITRUSTEE

SARAH FROSTPRESIDENT

SCOTT B LAURANSTRUSTEE

SHERYL AMARALTRUSTEE

THOMAS A LAWSONTRUSTEE

VICTOR VETTERSTRUSTEE

WAYNE CHARNESSTRUSTEE

ELIZABETH J PERIKTRUSTEE

ANTHONY THOMASTRUSTEE

BRADFORD S DIMEOTRUSTEE

DENISE CHAKOIANTRUSTEE

DOLPH JOHNSONTRUSTEE

DONNA M PAOLINO COIATRUSTEE

DOUGLAS SCALATRUSTEE

EDWIN G FISCHER MDTRUSTEE

ELIZABETH HUBERVICE CHAIR

MAHESH V JAYARAMAN MDTRUSTEE

ELLEN COLLISTREAS- 12/23

FRANCOIS I LUKS MD PHDTRUSTEE

HOLLY PARASTRUSTEE

JAMES A PROCACCIANTITRUSTEE

JAMES L CARR JRTRUSTEE

JERRY HYMANTRUSTEE

KEITH D KELLYTRUSTEE

ANTHONY CALANDRELLISECRETARY

About this charity

Recognized since: January 1994
Location: 167 Point Street, Providence, RI 02903
County: Providence
In care of: Peter K Markell
Primary officer: Peter K Markell, EVP & CFO

How to reach them

WebsiteVisit the charity’s website Phone(401) 444-6500

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
NTEE classification: Health Care (E110)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes