R.I. Gen. Laws § 27-66-16: Powers and duties of the board.

The board is vested with full power, authority, and jurisdiction over the foundation and may perform all acts necessary or convenient in the exercise of any power, authority, or jurisdiction over the foundation; including the power to intervene in any cy pres proceeding involving the transfer of proceeds from healthcare conversion in order to seek their transfer to the foundation, or as an amicus curiae.