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The Barr Foundation has more than $1.8 billion in assets 63% more than the Rhode Island Foundation. The Barr Foundation, according to a series of press releases, has provided $80 million in grants in the past 12 months.
Steinberg Compensation Has Increased More Than 250% in a Decade According to Chris Barnett, the spokesperson for the RI Foundation, “Forty-five people work at the Foundation.” Steinberg is a former banker at Fleet Bank which was acquired by Bank of America in 2004. He served as the President of Fleet Bank RI. After leaving the bank he worked for Brown University in development and then took over as head of the RI Foundation in 2008 his bio says he serves on the board of trustees of the Greater Providence Chamber of Commerce and the Rhode Island Commodores. ....