The University of Rhode Island Foundation & Alumni Engagement

“Currently the following trustees have a family relationship with each other: mrs. Laura h. Cunningham and mr. Stephen m. Cunningham, mrs. Kathleen yanity duffy and mr. Dennis j. Duffy, mrs. Caroline tennant kaull and mr. Donald n. Kaull, mrs. Mary l. Vales and mr. Manuel j. Vales, iv, ms. Shannon chandley and mr. Tom silvia, and ms. Ann stephenson hitchen and dr. James e. Hitchen, jr.”

“The form 990 is prepared by the external auditors and reviewed by management. Revisions, corrections, etc. Are made as necessary. Once management is satisfied with the form, it is distributed to the audit committee for review and approval.”

“Annually, following each uri foundation annual meeting of trustees, individuals will be asked to disclose to the uri foundation any personal interest which he/she may have in any matter pending before the organization and shall refrain from participation in any decision on such matter. Annually, the uri foundation president and executive committee (or governance committee) shall review and monitor the annual disclosure forms and bring to the attention of the executive committee any disclosed personal or private interests of concern for review. If there is reasonable cause to believe that an interested person failed to disclose an actual or possible personal or private interest, has disclosed to a third party a confidentiality, or has engaged in a prohibited action, the individual will be given the opportunity to explain. If, after hearing the response, the executive committee believes a conflict exists, it shall take appropriate corrective action.”

“Annually the board chair and executive committee conduct a performance review and evaluation of the president. The review also establishes the individual's compensation for the following year. This process involves the evaluation of the individual and a review of compensation of comparable positions obtained from the form 990 of similar organizations. Annually the executive board approves a salary raise pool for the year as part of the annual budget. The president establishes the compensation of the senior management team and staff.”

“The organization makes its governing documents (articles of incorporation and by-laws), its conflict of interest policy and financial statements available upon request. The organization will mail copies upon request or provide copies to those who come to the administrative office during normal business hours.”

“Audit committee the audit committee includes the following: charlie wharton - committee chair thomas ryan - executive committee chair george j. Bedard john j. Brough, jr. Donald p. Sullivan”