United Way of Rhode Island Inc

How it makes and monitors grants (Schedule I, Part IV)

Grants and designations totaling $8,718,537 provided to 501(c)3 agencies in the united states. included in this total are payments to all agencies, including those that received $5,000 or more in payments. in several instances, agencies received both donor designations and program grant funding. for program grant funding, united way of ri applies a transparent open invitation and bid process prior to awarding funding to agencies. there is an open application process that includes an explanation of the proposed use and expected results from the use of the funds. the applications are reviewed by a committee comprised of community leaders and united way of ri staff. during this process, the committee reviews the proposals and determines those that will provide the best return on investment for the community. agencies that apply are reviewed for their proposal and a financial review of the agency is completed by the committee to gain a level of assurance that the awarded agencies will follow sound fiscal policies. recommendations by the committee are presented to the united way of ri board of directors, who then vote and have final authorization on awarding program grants. agencies that are awarded program grants are required to sign a written contract with united way of ri, which stipulates the terms and conditions of the program grant. grantees are required to provide united way of ri with semi-annual reports that show how the funding was utilized and report on the outcomes ach