The joint resolution proposes an appropriation of $10 million to the Rhode Island Foundation to support public education in the state. This funding will be disbursed over five years. Local education agency foundations must register annually by September 1 to be eligible for funding from the Rhode Island Foundation, which will distribute the funds according to criteria established by the local education agency foundations. The resolution does not specify the creation of an interest-bearing account or a percentage of the principal to be distributed annually. The primary aim of this resolution is to provide financial support to local education foundations, thereby enhancing the quality of public education in Rhode Island. The state controller is authorized to manage the disbursement of these funds as necessary.