The RI Foundation awards USD 3.3 million for Warwick Nonprofits – Warwickpost.com

Warwick, Rhode Island river, gave $ 3.3 million in non-profit Warwick subsidies in 2024, contributing to pushing the organization to the third year of best 109-year history.

“The demand for our help was not diminished last year. The pandemic is behind us in many ways, but its impact on the success of students, health and economy has persisted,” said David N. Cicilline, president and CEO of the Foundation. “We are grateful for the generosity of Rhode Icelanders who trust us to guide their philanthropy and dedication to our non -profit partners who allowed us to deal with the challenge.”

Warwick Nonprofit Aided by $ 3.3 million in subsidies

House of Hope, Potter Spay and Neuter Clinic, Rhode Island company to prevent cruelty to animals, Sandra Feinstein-Gamm Theater, Thundermist Health Center and Westbay Community Program are among the local non-profits that have received subsidies.

House of Hope received $ 20,000 to cover the costs that contribute to homes or to prevent people who are not untouched to move to homes.

“The demand for our help did not diminish last year. Pandemic is behind us in many ways, but its impact on the success of students, health and economy has persisted.”

“These dollars are desperately needed. Imagine -it is a medical bill or an electric invoice from not having enough money to pay the rent. This is a very great news with the arrival of the winter weather,” Laura Jaworski, the executive director of House of Hope.

The Potter Spay and Neuter Clinic received $ 30,000 to provide low costs/neutral services for pet owners who cannot afford them. The facility estimates that it has performed procedures on over 6,000 dogs and cats last year.

“Given our commitment to approach the overcrowding of the Community Animal and Pet Company, this program is essential to help us meet our goals and improve the welfare of our community animals,” said CEO Brad Shear. “In the last year, we have noticed an increasing demand for our services due to increasing costs; we will continue to respond to this increasing need, with our unwavering dedication to provide exceptional care in a nourishing environment.”

The announcement comes as the Foundation launches its new five -year action plan and focuses on civic and cultural life, climate and durability, civic and cultural life, education and success, healthy and powerful communities, as well as economic mobility and economic mobility; Guided inclusion, accessibility, compassion, mutual respect and humility.

In addition, the Foundation recently launched three improved subsidy programs: community priority subsidies, catalyzer subsidies and subsidies to strengthen capacity.

At the end of 2024, the total assets of the foundation were about $ 1.5 billion. The total profitability of the fund’s investments for the year was 10.5 percent. In addition to increasing $ 59 million in gifts last year, the Foundation granted nearly $ 87 million in national subsidies, its third best performance. Over 2,500 non -profit received funding.

About 75 percent of the subsidies were directed by the foundation donors; Only a quarter of the subsidies could be done at the discretion of the foundation. About half of the nearly $ 87 million were addressed to organizations that received both donors and foundation oriented subsidies.

In addition to granting subsidies and raising funds, the community management is central for the activity of the foundation. In 2024, the Foundation raised almost $ 720,000 for its civic management fund.

This annual fund allows the Foundation to overcome the granting of traditional subsidies to work with community partners and decision -makers to solve the critical challenges of the community by convening and advocacy and offering opportunities for Rhode Icelanders to get involved in the Civic Life.

“Our donors understand that receptivity requires flexibility, innovation and resources to take on pressing problems as they occur. Their generosity allowed us to address challenges such as housing deficit, funding a public education campaign in support of dwellings for $ 120 million in November last year,” said Cicilline.

The Rhode Island Foundation is the largest and most comprehensive financier of non -profit organizations in Rhode Island. Through civic management, fundraising activities and granting subsidies, together with neighbors and partners, the foundation helps to create progress that lasts. For more information, visit rifoundation.org.