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THE RHODE ISLAND SCHOOL OF DESIGN says the Rayon Foundation Trust to benefit the study of textiles at RISD recently matured with a value of $19.9 million.

75-year-old trust provides RISD with $19.9M gift, the school’s largest

PROVIDENCE – A trust started in 1944 to support textiles studies at the Rhode Island School of Design has provided RISD with a $19.9...
Thomas M. Ryan, former chairman, CEO and president of CVS Health, and his wife Cathy Ryan have made the largest private gift in the University of Rhode Island's history. The $35 million gift will be split into three parts: $24 million will go to the George & Anne Ryan Institute for Neuroscience, $10 million will establish the Thomas M. Ryan Scholars program and a $1 million challenge grant will go toward upgrading facilities for men's and women's basketball. / COURTESY UNIVERSITY OF RHODE ISLAND

URI receives $35M gift from Thomas and Cathy Ryan

SOUTH KINGSTOWN - Former CVS Health Corp. Chairman, CEO and President Thomas M. Ryan and his wife, Cathy, made a $35 million contribution to...
LAWRENCE A. AUBIN, center, co-chair of the Hasbro Children’s Hospital Invitational and chairman of the Lifespan Board of Directors, presents the Aubin Cup to this year’s 1st place team, Cox Business. From left to right: Mike Rigney, Jason Rowe, Larry Aubin, Jim Manchester, and Jamie Foster. / COURTESY HASBRO CHILDREN'S HOSPITAL

Hasbro Children’s Hospital Invitational raises record $343.8K

PROVIDENCE – The 2019 Hasbro Children’s Hospital Golf Invitational raised an event-record of $343,875 for Hasbro’s Children Hospital according to the hospital. The event...
A RENDERING OF what the University of Rhode Island's College of Engineering complex will look like when opened later this year. / COURTESY BALLINGER OF PHILADELPHIA

URI alum donating $10M to benefit new College of Engineering complex

SOUTH KINGSTOWN – Businessman and University of Rhode Island alumnus Michael D. Fascitelli is donating $10 million to help equip the university's new engineering...
CITIZENS FINANCIAL GROUP reported that it made over $14 million in charitable donations to support community programs and events in 2018 in 12 states. / BLOOMBERG NEWS FILE PHOTO/KELVIN MA

Citizens highlights its corporate responsibility efforts in 2018

PROVIDENCE – Citizens Financial Group Inc. reported that it provided $14 million from Citizens Bank and Citizens Charitable Foundation in charitable giving to support...
SANTANDER BANK awarded 12 grants for local nonprofit efforts to aid low- to moderate-income communities in the fields of affordable housing, community services, economic and small business development, financial education development, neighborhood revitalization and workforce development. / BLOOMBERG NEWS FILE PHOTO/ANGEL NAVARRETE

Santander awards grants to 12 local nonprofits

PROVIDENCE – Santander Bank committed $4 million nationwide to nonprofit organizations that support low- and moderate-income individuals, families and communities in the bank’s United...
FROM LEFT TO RIGHT, PHIL MASON of ServiceMaster by Mason; Elizabeth Eckel, chief marketing officer for The Washington Trust Co.; and Beth Markowski-Roop of ServiceMaster by Mason pose with donated peanut butter at Washington Trust's Westerly Branch as ServiceMaster by Mason delivers boxes of peanut butter to Washington Trust's 19th annual Peanut Butter Drive. / COURTESY THE WASHINGTON TRUST CO.

Washington Trust collects 3.4 tons of peanut butter during annual drive

WESTERLY — About 6,800 pounds, or 3.4 tons, of peanut butter were collected for the Rhode Island Community Food Bank and 12 area food...
THE RHODE ISLAND FOUNDATION says it had a record year for contributions in 2018, collecting $114 million in total funds, according to the organization's annual report. / COURTESY RHODE ISLAND FOUNDATION

R.I. Foundation awards record $52M in 2018, despite steep drop in...

PROVIDENCE – The Rhode Island Foundation awarded a record $52 million in grants to more than 1,900 nonprofits in 2018 despite seeing its annual...
IN 2018, the Rhode Island Foundation awarded $52 million in grants to over 1,800 nonprofits. / COURTESY RHODE ISLAND FOUNDATION

Rhode Island Foundation awards record $52M in 2018

PROVIDENCE - The Rhode Island Foundation awarded $52 million in grants to more than 1,800 nonprofit organizations in 2018, according to the foundation Monday.The...
MONEY MATTERS: From left, Andy Posner, founder and CEO of the Capital Good Fund, and loan officers Roxana Mercado and Ellie Parada discuss strategies for helping clients navigate debt and personal finance at the company’s office in Providence.  
 / PBN FILE PHOTO/RUPERT WHITELEY

Commitment to one another binds a community together

So far, February has been a good month for social equity.The Capital Good Fund, a federally certified community-development financial institution, lends to underserved populations...
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