2021 Annual Report
2021 was one of the busiest and most productive years in the Foundation's 106-year history
Last year was filled with uncertainty, but the Foundation was able to make a significant impact at the same time - as we continue to focus on the needs of all the people of Rhode Island.
Providing 'help and hope' in 2021, our donors thoughtfully trusted the Foundation with $98 million in new funds. Our investment returns for the year were over 20%, and our endowment stands at approximately $1.4 billion. Thanks to these factors and more, we were able to make $76 million in grants last year - spread across all sectors and throughout the state - many of which helped to address the challenges faced by historically marginalized Rhode Islanders, those hit hardest by COVID-19, and community members who feel the incredible strain of economic insecurity, physical and behavioral health challenges, and education achievement gaps.
Our 2021 Annual Report includes stories about our support for comprehensive community development, educators who are inspiring the next generation, local scientists focused on promising medical research, the Foundation's civic leadership efforts in health, our enhanced focus on equity for all, as well as the stories of our many, many new and legacy donors.
A time of tumult in our state and for our neighbors also became a time of growth and evolution at the Foundation as a result of our generous donors, hardworking grantees and community partners.
Please read on to learn more.