The Providence Foundation

Fiscal year ending 2017. Filed on March 13, 2018.

30 Exchange Terrace
Providence, Rhode Island 02903

The Providence Foundation (EIN: 23-7423032) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, The Providence Foundation, a 501(c)(3) charitable organization, reported compensation for 2 out of 6 total employees. Among the employees shown here, the average compensation is $152,884. The highest compensated employee at The Providence Foundation is Cliff Wood with fiscal year 2017 compensation of $154,488.

Revenue, expenses, and employee compensation

Revenue

$1,662,205

Expenses

$1,740,074

Employee compensation

$633,027

Reported Compensated Employees

Cliff Wood

Executive Director 7/1/17

$154,488

$139,796 from orgNo related comp$14,692 other

Daniel Baudouin

Executive Director to 6/30/17

$151,279

$137,868 from orgNo related comp$13,411 other

Non-Employee Board Members

Angus Davis

Trustee/Exec. COMM Member

Arnold Chace Jr

Treasurer/Exec. COMM MEMB

Arthur Sampson

Trustee

Babette Allina

Trustee/Exec. COMM Member

Bradford Dimeo

Trustee/Exec. COMM Member

Charles Meyers

Executive Committee Member

Christopher J Marsella

Trustee/Exec. COMM Member

David M Winoker

Trustee

E Jerome Batty, Esq

Trustee/Exec. COMM Member

Edward O Handy

Chair/Exec. COMM Member

Ethan Colaiace

Trustee/Exec. COMM Member

Frank Sanchez

Trustee

Mission Statement

THE FOUNDATION ORIGINATES AND ADVOCATES POLICIES AND PROJECTS FOR THE DEVELOPMENT OF DOWNTOWN AND THE CITY OF PROVIDENCE. IT PLAYS A LEADERSHIP ROLE IN PLANNING FOR DOWNTOWN. ITS PRIMARY FOCUS IS TO CREATE AN ENVIRONMENT THAT IS CONDUCIVE TO ECONOMIC DEVELOPMENT AND SUSTAINED INVESTMENT IN DOWNTOWN AND THE CREATION OF A VIBRANT NEIGHBORHOOD. THE FOUNDATION IDENTIFIES AND ACTS UPON OPPORTUNITIES AND TARGES PROJECTS AND POLICIES THAT HAVE A CATALYTIC EFECT; AND COORDINATES PROJECTS AND GROUPS INVOLVED IN THE DOWNTOWN. THE FOUNDATION BRINGS PRIVATE SECTOR EXPERTISE TO THE DEVELOPMENT OF POLICIES, PLANS AND PROJECTS. THE FOUNDATION, WORKING WITH THE CITY, IS A GENERATOR AND KEEPER OF THE VISION FOR DOWNTOWN.