philanthropy

Starkweather teams with R.I. Foundation to create local, charitable fund

Posted 10/5/10

EAST PROVIDENCE – Starkweather & Shepley Insurance Brokerage Inc. and The Rhode Island Foundation have formed a new partnership, The Starkweather & Shepley Charitable Fund.

“We are proud to establish The Starkweather & Shepley Charitable Fund through the auspices of The Rhode Island Foundation,” said William P. McGillivray, chairman and chief financial officer at Starkweather & Shepley. “This partnership will help us achieve our corporate charitable goals in a most efficient manner, and we look forward to supporting the many worthy charities in Rhode Island for many years to come.”

The donor-advised fund will be one of about 1,100 permanent funds overseen by the Rhode Island Foundation, one of the country’s largest community foundations. Last year, the foundation and its donors made $27.5 million in grants to nonprofit organizations.

“We are proud of this new partnership that will enable Starkweather & Shepley to give back to the community, and we welcome the opportunity to work with other companies who support the community,” said Neil D. Steinberg, president and CEO of The Rhode Island Foundation.

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