About Rhode Island Hospital Foundation
Philanthropy is the cornerstone of our work — supporting compassionate care, clinical excellence, research, and medical education to improve health in southeastern New England. Every gift, no matter the size, helps ensure vital services, research, and training continue for patients and the community.
Focus Areas
HealthPatient careMedical researchMedical educationCommunity health
Who They Fund
not specified
Funding Style
administrative compliancereporting/documentation focuspublic disclosure of activitiesno programmatic detail provided
Topics
IRS Form 990 reporting
About Rhode Island Hospital Foundation
Rhode Island Hospital Foundation’s largest recent grants have gone to Rhode Island Hospital in Providence, including $12,981,792 in 2025, $10,701,848 in 2024, and $9,402,851 in 2023. That pattern shows a funder built around hospital support rather than broad, dispersed philanthropy. The foundation says philanthropy is a cornerstone of work that supports compassionate care, clinical excellence, research, and medical education, with the stated aim of improving health in southeastern New England. Its recent grant record also reaches beyond the hospital itself. Brown University in Providence received $483,738 in 2025, $468,331 in 2024, and $445,950 in 2023, signaling sustained support for medical education and research in the local academic ecosystem. The foundation’s public profile places health, patient care, medical research, medical education, and community health at the center of its giving. A named program, the Frederick Henry Prince Memorial Fund, extends direct grants tied to Newport Hospital and local charitable supports in Rhode Island.
What Rhode Island Hospital Foundation Funds
Health system support is the clearest theme in the foundation’s recent giving. Rhode Island Hospital in Providence received $12,981,792 in 2025, reflecting the scale of support directed to hospital operations and related priorities. Medical education and research are also part of the picture. Brown University in Providence received $483,738 in 2025, with the grant record showing similar awards in 2024 and 2023, which points to a repeated relationship. The foundation also supports community health through the Frederick Henry Prince Memorial Fund. That program is tied to Newport Hospital and is described as providing direct grants for local charitable supports in Newport and Rhode Island. Across these examples, the funder’s stated areas of interest—health, patient care, medical research, medical education, and community health—align closely with its named recipients and grant purposes.
How Rhode Island Hospital Foundation Gives
The typical grant size is large: the 25th percentile is $472,183, the median is $4,943,294, and the 75th percentile is $10,377,099. That distribution is consistent with an institution that makes major operating and program-support grants rather than many small awards. The grant record also shows repetition across years: Rhode Island Hospital appears in 2023, 2024, and 2025, and Brown University appears in each of those same years. The foundation is not a donor-advised fund and does not make program-related investments. One active program, the Frederick Henry Prince Memorial Fund, accepts unsolicited direct-grant requests.
Financial Snapshot
Annual Giving
$13.5M
Total Assets
$76.1M
Total Revenue
$18.2M
Total Expenses
$16.7M
Typical Grant Size
Most grants fall between $472K and $10.4M, with a median of $4.9M.
25th Percentile
$472K
Median
$4.9M
75th Percentile
$10.4M
Geographic Reach
Local1 state funded
About 100% of grants go to recipients in RI.
Funding intensity
LowHigh
Headquarters
Leadership
Robert K Vincent
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