Philanthropy
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Donor-recommended grants from Fidelity Charitable, an independent public charity, achieved record levels in the first nine months of 2014. more
The Chronicle of Philanthropy rated the 50 largest U.S. metropolitan areas by how much their residents give to charity, and the Providence area ranked second-from-last, coming in only ahead of Hartford, Conn. more
The Tufts Health Plan Foundation has awarded more than $1.6 million in grants to 43 nonprofit organizations in Massachusetts and Rhode Island that focus on health aging. more
The Carnegie Corporation of New York has awarded a $3 million three-year grant to the Providence Public School District to create two new high schools in the city modeled on the philanthropy organization’s school-design principles. more
Bringing Broadway to the Providence Performing Arts Center will continue through the 2016-17 season thanks to a new multi-year sponsorship by the Taco/White Family Foundation. more
The Washington Trust Co. collected approximately 10,000 pounds, or more than five tons, of peanut butter during its 14th annual Washington Trust Peanut Butter Drive to benefit the Rhode Island Community Food Bank and other food pantries across the state. more
A new report has found that family influence has a growing impact on the donation patterns of people who contribute to donor-advised funds operated through Fidelity Charitable, a national program that provides an alternative to direct philanthropy. more
(Updated, 3:07 p.m.) The Rhode Island Foundation reported net assets of $734.4 million at the end of 2013, increasing by $101.6 million, or 16 percent, the $632.8 million reported the previous year, according to the organization’s 2013 annual report. Since 1993, the organization has seen its total assets increase more than 300 percent, from $197 million. more
Rhode Island Innovation Fellows Amy Bernhardt and David Dadekian will pursue projects in the textile and food industries respectively, the Rhode Island Foundation announced Wednesday. Bernhardt’s project, Colorfast, will establish a research and manufacturing facility to design digitally printed textiles, while Dadekian’s project, the Eat Drink Rhode Island Central Market, would include a public market and tourism and educational components. more
The R.I. State Council on the Arts awarded $128,212 in grants to Rhode Island schools, community centers and artists in its December 2013 round, the agency announced Wednesday. more
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