Ethel & Raymond F Rice Foundation
- Assets
- $0.0
- Revenue
- $3.2m
- Investments
- $22.4m
- Employees
- 0
- Location
- Lawrence, KS
- Founding
- 04/1972
- Data as of
- 12/2021
- EIN
- 23-7156608
Organization Overview
Ethel & Raymond F Rice Foundation is located in Lawrence, KS. The organization was established in 1972. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ethel & Raymond F Rice Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ethel & Raymond F Rice Foundation generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ethel & Raymond F Rice Foundation has awarded 195 individual grants totaling $6,058,108. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Curran President | 20 | $39,000 | |
Ernesto T Hodison Treasurer | 0.5 | $5,000 | |
Robert C Johnson Vice President | 0.5 | $5,000 | |
Bradley R Finkeldei Secretary | 0.5 | $5,000 | |
Sandra Studley Trustee | 0.5 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| Dividends & Interest | $394,676 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,243,503 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,004 |
| Pension plans, employee benefits | $0 |
| Depreciation | $653 |
| Occupancy | $19,488 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $216,431 |
| Contributions, gifts, grants paid | $806,685 |
| Total expenses and disbursements | $1,023,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,279 |
| Investments—mortgage loans | $0 |
| Investments—other | $22,379,113 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ethel & Raymond F Rice Foundation has awarded $839,200 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
AUDIO-READER NETWORK PURPOSE: FOR BRAILLE & LARGE PRINT PROGRAM GUIDES, DATA BASE SUBSCRIPTION, AND PARTIAL FUNDING TOWARDS THEIR OPERATIONAL STAFF. | $10,000 |
DG CO CASA PURPOSE: TO PROVIDE ACTIVITY SCHOLARSHIPS, CLOTHING, SHOES, AND OTHER SUPPLIES FOR CHILDREN SERVED BY CASA WHO HAVE EXPERIENCED ABUSE AND NEGLECT. | $12,500 |
FAMILY PROMISE OF LAWRENCE PURPOSE: TOWARD THE DIVERSION FROM SHELTER PROGRAM, WHICH IS A SHORT-TERM PROGRAM INTENDED TO DIVERT FAMILIES FROM HAVING TO ENTER SHELTER. FOR THE ADMINISTRATION OF HOTEL FUNDS, RENTAL DEBTS, AND UTILITY DEBTS. | $15,000 |
DOUGLAS CO HISTORICAL SOCIETY PURPOSE: TO MAINTAIN COLLECTIONS AND PUBLIC RESEARCH AT WATKINS MUSEUM AND TO SUPPORT THE MUSEUM'S ONGOING INTERNSHIP PROGRAM. | $24,500 |
DG CO LEGAL AID SOCIETY PURPOSE: NO-COST LEGAL REPRESENTATION TO THOSE WHO ARE UNABLE TO AFFORD AN ATTORNEY FOR MATTERS PENDING IN DG CO, KS AND TO EXPAND ACCESS TO JUSTICE THROUGH THE EDUCATION OF ADVANCED LAW STUDENTS. | $6,000 |
DOUGLAS CO VISITING NURSES PURPOSE: TO SUPPLEMENT COST OF PROVIDING IN-HOME CARE FOR QUALIFIED NO/LOW INCOME, FRAIL, UNINSURED AND UNDERINSURED IN VNA'S HOME HEALTH AND HOSPICE PROGRAMS. | $100,000 |