Rhode Island Hospital Foundation
Rhode Island Hospital Foundation
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About this organization
Mission
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 Lifespan Corporation and its affiliates. (see Schedule O)
About
Through the development and administration of its philanthropic activities, Rhode Island Hospital Foundation (RIHF) is able to transfer funds raised to Rhode Island Hospital (RIH) to support its mission and purposes, which in turn benefits the Rhode Island community. RIHF provided philanthropic support to various programs at Hasbro Children's Hospital (HCH), the pediatric division of RIH. Noteworthy in fiscal year 2019, the Foundation transferred the following to HCH programs: (1) $5,127,885 from the "Every Child, Every Day Campaign", a $35,000,000 campaign to modernize HCH and grow essential programs and research endeavors vital to children and their families; (Continued in Schedule O)
Interesting data from their 2020 990 filing
The filing documents outline the non-profit's mission as “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 lifespan corporation and its affiliates. (see schedule o)”.
When outlining the tasks it performs, they were referred to as: “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 lifespan corporation and its affiliates. (see schedule o)”.
- The non-profit's reported state of operation is RI as per legal requirements.
- As of 2020, the non-profit has 0 employees reported on their 990 form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $3,735,031.
- The CEO compensation policy of the organization is not established through an independent review and approval process.
- The organization elects its board members.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 23 independent voting members.
- The organization has a professional fund raiser.
- The organization was formed in 1992.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $3,067,224 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has fundraising events.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.