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The Foundation wisely invests or holds those funds and properties entrusted to it for the benefit of the college. The Rhode Island Collge Foundation is comprised of officers and directors who are responsible for the business of the Foundation. Gifts may be made to the College through the Foundation in many forms - cash, real estate, and personal property, such as rare books, stocks, bonds, certificates, and insurance policies. Gifts to the Foundation are deductible for income tax purposes.
Ann Marie DaSilva ’87 of East Greenwich, RI, Chair
David Hanna of North Scituate, RI
Lee Delucia (Vice President Emerita) of Wakefield, RI
Claire Giannamore ’64 of West Palm Beach, FL
Dan Castro ’85 of Stewartsville, NJ
Jane Taylor ’64 of Warwick, RI
Anna Cano-Morales ’99 of North Providence, RI
Gary Penfield of Jaffrey, NH
Fred Harrison ’07 of Warwick, RI
Tom Barry ’65 of West Warwick, RI
Louise Barry ’64 of West Warwick, RI
Natalia Furtado of North Providence, RI
Robert Ricci of Cranston, RI
Patricia Ross Manciel ’61 of Wakefield, RI
John Manciel of Wakefield, RI
Fran Driscol ’61 North Scituate, RI
Anthony Maione ’75 of North Kingston, RI
Marcia Kauffman Krasnow ’74 of Norwood, MA
J. Lynn Singleton ’01 HD of Chepachet, RI
Anne Walsh Cain ’64 of Atlanta, GA
Kyla Pecchia ’13 of Warwick, RI
View the RIC Foundation By-Laws (amended January, 2012)
Goal: To establish a set of principles and practices of the Rhode Island College Foundation Board of Directors that will set parameters and provide guidance and direction for board conduct and decision-making.
Code: Members of the Board of Directors of the Rhode Island College Foundation are committed to observing and promoting the highest standards of ethical conduct in the performance of their responsibilities on the board of Rhode Island College Foundation. Board members pledge to accept this code as a minimum guideline for ethical conduct and shall:
Adapted from: ©2004 National Council of Nonprofit Associations, www.ncna.oeg. May be duplicated with attribution by charitable organizations.
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Rhode Island College Foundation (Foundation) Code of Ethics and Conduct (Code) requires directors, officers and employees to observe high standards of business and personal ethics in the conduct of their duties and responsibilities. As employees and representatives of the Foundation, we must practice honesty and integrity in fulfilling our responsibilities and comply with all applicable laws and regulations.
It is the responsibility of all directors, officers and employees to comply with the Code and to report violations or suspected violations in accordance with this Whistleblower Policy.
No director, officer or employee who in good faith reports a violation of the Code shall suffer harassment, retaliation or adverse employment consequence. An employee who retaliates against someone who has reported a violation in good faith is subject to discipline up to and including termination of employment. This Whistleblower Policy is intended to encourage and enable employees and others to raise serious concerns within the Foundation prior to seeking resolution outside the Foundation.
The Code addresses the Foundation's open door policy and suggests that employees share their questions, concerns, suggestions or complaints with someone who can address them properly. In most cases, an employee's supervisor is in the best position to address an area of concern. However, if you are not comfortable speaking with your supervisor or you are not satisfied with your supervisor's response, you are encouraged to speak with someone in management whom you are comfortable in approaching. Supervisors and managers are required to report suspected violations of the Code of Conduct to the Foundation's Compliance Officer, who has specific and exclusive responsibility to investigate all reported violations. For suspected fraud, or when you are not satisfied or uncomfortable with following the Foundation's open door policy, individuals should contact the Foundation's Compliance Officer directly.
The Foundation's Compliance Officer is responsible for investigating and resolving all reported complaints and allegations concerning violations of the Code and, at his discretion, shall advise the Executive Director and/or the audit committee. The Compliance Officer has direct access to the audit committee of the board of directors and is required to report to the audit committee at least annually on compliance activity.
The Foundation's Compliance Officer is the chair of the audit committee.
The audit committee of the board of directors shall address all reported concerns or complaints regarding corporate accounting practices, internal controls or auditing. The Compliance Officer shall immediately notify the audit committee of any such complaint and work with the committee until the matter is resolved.
Anyone filing a complaint concerning a violation or suspected violation of the Code must be acting in good faith and have reasonable grounds for believing the information disclosed indicates a violation of the Code. Any allegations that prove not to be substantiated and which prove to have been made maliciously or knowingly to be false will be viewed as a serious disciplinary offense.
Violations or suspected violations may be submitted on a confidential basis by the complainant or may be submitted anonymously. Reports of violations or suspected violations will be kept confidential to the extent possible, consistent with the need to conduct an adequate investigation.
The Compliance Officer will notify the sender and acknowledge receipt of the reported violation or suspected violation within five business days. All reports will be promptly investigated and appropriate corrective action will be taken if warranted by the investigation.
Audit Committee Compliance Officer
Rhode Island College Foundation
Adapted from ©2004 National Council of Nonprofit Associations, www.ncna.org. May be duplicated with attribution by charitable organizations.
Page last updated: November 16, 2018