The Alumni Association Of The University Of Rhode Island

Organization Overview

The Alumni Association Of The University Of Rhode Island is located in Kingston, RI. The organization was established in 1958. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. As of 06/2018, Alumni Association Of The University Of Rhode Island employed 28 individuals. Alumni Association Of The University Of Rhode Island is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2018, Alumni Association Of The University Of Rhode Island generated $4.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $4.3m during the year ending 06/2018. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

THE UNIVERSITY OF RHODE ISLAND ALUMNI ASSOCIATION INFORMS AND ENGAGES CURRENT AND FUTURE ALUMNI AS COMMITTED PARTNERS OF THE UNIVERSITY, ITS MISSIONS AND TRADITIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ALUMNI ASSOCIATION PROMOTES THE UNIVERSITY'S PRESENCE, MAINTAINS CONTACT WITH ALUMNI AND STUDENTS, AND ENCOURAGES PRIDE AND AWARENESS OF THE UNIVERSITY'S ROLE IN THE COMMUNITY AND THE GOALS OF HIGHER EDUCATION. IT AIMS TO SERVICE ALL ALUMNI AND STUDENTS GLOBALLY BY:1. PROVIDING ENRICHING EVENTS THROUGH AFFINITY AND REGIONAL CHAPTERS THROUGHOUT THE WORLD2. PROVIDING ALUMNI FEATURED SPEAKING EVENTS THROUGHOUT THE COUNTRY3. PROVIDING CAREER NETWORKING AND DEVELOPMENT TO STUDENTS AND ALUMNI4. AWARDING UNRESTRICTED SCHOLARSHIPS TO STUDENTS5. PROVIDING GRANTS TO FACULTY AND UNIVERSITY DEPARTMENTS


THE MISSION OF THE DEPARTMENT OF ATHLETICS IS TO PROVIDE EXPERIENCES THAT ARE CONSISTENT WITH THE MISSION OF THE UNIVERSITY OF RHODE ISLAND AND THE NCAA DIVISION I PHILOSOPHY. THE DEPARTMENT PROVIDES OPPORTUNITIES FOR STUDENTS AND THE LARGER COMMUNITY THAT ENCOURAGES THE PURSUIT OF LIFETIME ACTIVITIES, COMMITMENT, TEAMWORK, COMPETITIVE SUCCESS, THE DEVELOPMENT OF PERSONAL CHARACTER, AND LEADERSHIP SKILLS. WE MAINTAIN AN ENVIRONMENT THAT VALUES INTEGRITY, DIVERSITY, GENDER EQUALITY, HIGH ACADEMIC ACHIEVEMENT, AND SOUND FISCAL MANAGEMENT. ATHLETICS STRIVES TO PROVIDE HIGH QUALITY FACILITIES AND PROGRAMS THAT CULTIVATE AN EXCITING ENVIRONMENT FOR THE UNIVERSITY AND THE COMMUNITY.


THE ALUMNI ASSOCIATION PROVIDES SUPPORT FOR ALUMNI AND STUDENT PROGRAMMING BY PROMOTING AN ALL INCLUSIVE MEMBERSHIP PROGRAM IN AN EFFORT TO BUILD PRIDE AND AWARENESS FOR BOTH ALUMNI AND STUDENTS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,699,692
Investment income $133,187
Tax Exempt Bond Proceeds $0
Royalties $140,813
Net Rental Income $0
Net Gain/Loss on Asset Sales $486,543
Net Income from Fundraising Events $13,334
Net Income from Gaming Activities $29,918
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,071,674

Grants Awarded

Over the last fiscal year, The Alumni Association Of The University Of Rhode Island has awarded $880,348 in support to 2 organizations.

Grant RecipientAmount

UNIVERSITY OF RHODE ISLAND

PURPOSE: SCHOLARSHIPS, RES. & STUDENT PROG.

$630,348

UNIVERSITY OF RHODE ISLAND FOUNDATION

Org PageRecipient Profile

Kingston, RI

PURPOSE: PROGRAM SUPPORT

$250,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that The Alumni Association Of The University Of Rhode Island has recieved totaling $1,526.

Awarding OrganizationAmount
Aetna Foundation Inc

Hartford, CT

PURPOSE: GENERAL PURPOSE

$396
Aetna Foundation Inc

Hartford, CT

PURPOSE: GENERAL PURPOSE

$330
Lpl Financial Foundation Inc

Boston, MA

PURPOSE: OPERATIONAL SUPPORT

$250
Lpl Financial Foundation Inc

Boston, MA

PURPOSE: OPERATIONAL SUPPORT

$250
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$100
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,813,662
Earnings$149,547
Grants$100,000
Ending Balance$3,863,209

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