Earl B Rice and Mary Lou Rice
Earl B Rice and Mary Lou Rice is a private foundation, based in COLLEGE STATION, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $320K in total assets. In 2024, it awarded 3 grants totaling $2K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$320K
+3.1% YoY
Annual Giving
$2K
-75.0% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$666.667
-91.7% YoY
Under IRS private-foundation payout rules, Earl B Rice and Mary Lou Rice reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.
About Earl B Rice and Mary Lou Rice
Based on IRS filings
Earl B Rice and Mary Lou Rice is a private foundation, based in COLLEGE STATION, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $320K in total assets. In 2024, it awarded 3 grants totaling $2K. Net investment income was $5K.
Ready to take the next step with Earl B Rice and Mary Lou Rice?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $319,504 | $309,821 | $305,235 |
| Revenue | $12,461 | $20,411 | $30,785 |
| Expenses | $9,803 | $13,557 | $4,786 |
| Qualifying Distributions | $2,000 | $8,000 | $1,000 |
| Net Investment Income | $4,658 | $6,241 | $26,974 |
| Distributable Amount | $14,632 | $14,041 | $12,411 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Katherine Merendino ($1,000), Olivia White ($500), Leslie Garcia ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| Olivia White College Station, TX | Scholarship | $500 |
| Katherine Merendino College Station, TX | Scholarship | $1,000 |
| Leslie Garcia College Station, TX | Scholarship | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VeraBank NA | Trustee | 1 | $4,454 |
Frequently Asked Questions
How large is Earl B Rice and Mary Lou Rice?
As of 2024, Earl B Rice and Mary Lou Rice holds $320K in total assets with $12K in annual revenue. It awarded 3 grants totaling $2K in 2024.
Where does Earl B Rice and Mary Lou Rice operate?
Earl B Rice and Mary Lou Rice has awarded grants in Texas.
What size grants does Earl B Rice and Mary Lou Rice award?
In 2024, Earl B Rice and Mary Lou Rice awarded 3 grants totaling $2K — an average of about $666.667 per grant, based on its IRS Form 990 filings.
How much is Earl B Rice and Mary Lou Rice required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Earl B Rice and Mary Lou Rice reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Earl B Rice and Mary Lou Rice's EIN?
Earl B Rice and Mary Lou Rice's EIN (Employer Identification Number) is 76-6093250. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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