Rice Richardson Foundation
- Assets
- $81.5k
- Revenue
- $2.9k
- Investments
- $79.3k
- Employees
- 0
- Location
- Dayton, TX
- Founding
- 02/2000
- Data as of
- 12/2023
- EIN
- 76-0609593
Organization Overview
Rice Richardson Foundation is located in Dayton, TX. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rice Richardson 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 12/2023, Rice Richardson Foundation generated $2.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $13.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rice Richardson Foundation has awarded 28 individual grants totaling $153,066. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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 |
|---|---|---|---|
J Andrew Rice President | 10 | $0 | |
Charlie Rice Vice President | 10 | $0 | |
Leah Gillum Secretary | 10 | $0 | |
Mary Martha Barnett Director | 10 | $0 | |
Faith Rice-Mills Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $2,880 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,889 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $457 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $28 |
| Total operating and administrative expenses | $895 |
| Contributions, gifts, grants paid | $12,500 |
| Total expenses and disbursements | $13,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,222 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $79,268 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $81,490 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rice Richardson Foundation has awarded $12,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
KNUPPLE CEMETERY PURPOSE: GIFT | $1,000 |
RYAN CEMETERY PURPOSE: GIFT | $1,000 |
TARKINGTON COMMUNITY LIBRARY PURPOSE: GIFT | $10,500 |