Derica & Robin Rice Family
Derica & Robin Rice Family is a private foundation, based in Atlanta, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.0M in total assets. In 2024, it awarded 1 grant totaling $50K. Net investment income was $181K.
Derica & Robin Rice Family at a glance
In short: Derica & Robin Rice Family gave $50K across 1 grant in 2024 (avg $50K), mostly in Indiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $50,000
- +0.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $50,000
- +0.0% vs 2023
- Median grant
- $50,000
- Total assets
- $5,953,206
- +2.2% vs 2023
- Primary geography
- Indiana (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Derica & Robin Rice Family funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Indiana University Foundation ($50K).
Grant Size Distribution
7 grants across all recorded years
The most common grant size was in the $50–100K range: 5 grants of 7 (71%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Derica & Robin Rice Family gives
- Giving fell 83% from 2021 to 2024. Method
- In 2024 it paid out 15% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $50K (2022) to $300K (2021). In 2024 it made 1 grant totaling $50K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Indiana University Foundation Bloomington, IN | Charitable | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $5,953,206 | $185,476 | $56,753 | $50,000 | 1 | $50,000 | $180,502 | $328,942 |
| 2023 | $5,824,483 | $181,487 | $53,600 | $50,000 | 1 | $50,000 | $178,487 | $284,202 |
| 2022 | $5,696,596 | $150,343 | $51,735 | $50,000 | 1 | $50,000 | $146,873 | $273,661 |
| 2021 | $5,597,988 | $6,618,742 | $302,017 | $300,000 | 2 | $300,000 | $3,105,780 | $153,138 |
| 2020 | $2,239,017 | $39,968 | $304,371 | $300,000 | 2 | — | $58,785 | $125,641 |
Under IRS private-foundation payout rules, Derica & Robin Rice Family reported a distributable amount of $329K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Derica & Robin Rice Family is led by Derica Rice, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Derica Rice
President
On filings since 2020
No compensation reported
Solomon Rice
Director
On filings since 2020
No compensation reported
Robin Nelson-Rice
Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Derica & Robin Rice Family
How much does Derica & Robin Rice Family give each year?
Derica & Robin Rice Family gave $50K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 1 grant.
How large is Derica & Robin Rice Family?
Derica & Robin Rice Family reported $6.0M in total assets on its 2024 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $329K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Derica & Robin Rice Family operate?
Derica & Robin Rice Family has awarded grants in Indiana.
What is Derica & Robin Rice Family's EIN?
Derica & Robin Rice Family's EIN (Employer Identification Number) is 81-0696455. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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