Financials
a total transparency approach
Accountability
All of us at United Way of Rhode Island take pride in achieving the highest level of financial responsibility.
That means following a total transparency approach when it comes to showing our donors and the people in our community how we invest the dollars they entrust to us.
As a result, we earned a 2022 Platinum Seal of Transparency from Candid (formerly Goldstar) and have achieved a score of 100/100 for transparency from Charity Navigator.
Maximizing your contribution
We take the business of investing and managing your gift very seriously. The Better Business Bureau recommends that nonprofits spend no more than 35% on fundraising expenses; our fundraising and administrative costs as a percent of total spending has been approximately 19% in recent years. Moreover, this overhead is offset by a charitable trust created by Textron founder Royal Little in 1937 for our benefit. This means your donations directly fund programs that serve people in need. For more specific financial details, see the documents below.
Results, filings, and financial statements
FISCAL YEAR 2021
(ended June 30)
FISCAL YEAR 2020
(ended June 30)
FISCAL YEAR 2019
(ended June 30)
Form Symbiotic Nonprofit Relationships
Forbes Nonprofit Council
"If not done carefully, a business relationship has the potential to hinder rather than help the work being done by both organizations. To prevent collaborations that hinder nonprofit work, 11 members of Forbes Nonprofit Council, including Cortney Nicolato, United Way of Rhode Island's president and CEO, share how nonprofit leaders can form mutually beneficial relationships with a partner or another organization."
Nonprofit Center Design Team Announced
GoLocalProv
"United Way of Rhode Island announced on Tuesday the... members of a 'Design Team' that will be tasked with co-creating a vision and plan for... a Nonprofit Resource Center... 'We had a strong application response, and [these] individuals particularly stood out for their collection of unique insights and commitment to collaboration,' said Cortney Nicolato, president and CEO of United Way."
401Gives raises $3.09M for 507 nonprofits
Providence Business News
"This year's 401Gives Day raised the bar, once again, in supporting the state's nonprofit sector. As of Monday afternoon, the annual online fundraising initiative raised $3.09M, breaking last year's record total by close to a million dollars. It also saw a record number of donors – 12,850 in total as of 2:15 p.m. Monday – and number of organizations supported at 507, exceeding last year's mark by 87."
Seeking Input for Nonprofit Resource Center
“The Design Team working with United Way of Rhode Island to create a vision and plan for a statewide Nonprofit Resource Center is seeking input from the community to help guide what the center could offer. The first virtual session will look at current nonprofit capacity, followed by a number of visioning sessions focused on brainstorming strategies to strengthen nonprofits.”
Olneyville Community Fund RFP Released
“Continuing its commitment to strengthening the neighborhood it calls home, United Way of Rhode Island has released a request for proposal (RFP) for funding from its Olneyville Community Fund. More than $100,000 in grants is being made available to nonprofits located in Olneyville and those whose work specifically serves the Olneyville community.”
11 Leaders Selected for Design Team
“Work to create a Nonprofit Resource Center to support Rhode Island organizations is picking up steam with the selection of the members of the Design Team that will be tasked with cocreating a vision and plan for what the effort will look like. United Way of Rhode Island… has named 11 nonprofit leaders to the team.”
UPCOMING EVENTS
Visioning Session: Capacity Building Effort
United Way of Rhode Island is partnering with local nonprofit leaders to design a nonprofit resource hub for organizations across the state. Join us for a virtual, 90-minute visioning session to brainstorm strategies to address the needs of Rhode Island nonprofits and structural inequities in the sector. There will be five sessions — choose the one that best fits your schedule.
Day of Action
Join United Way of Rhode Island for Day of Action on Saturday, June 4 from 9 a.m. - 4 p.m at United Way in Providence. We'll be sorting, labeling, and preparing books collected during our Children's Book Drive 2022 for distribution to kids in afterschool and summer learning programs. Three shifts are available — 9 - 11 a.m., 11:30 a.m. - 1:30 p.m., and 2 - 4 p.m. This is a family friendly volunteer opportunity.
The Night Is Young
Don't miss the largest young professionals event of the year! Join United Way's Young Leaders Circle for The Night Is Young on Saturday, June 18 from 7 - 11 p.m. at Skyline at Waterplace. Register now to get early bird tickets for $45.