Ethel & Raymond F Rice Foundation
The Ethel & Raymond F Rice Foundation is an independent 501(c)(3) foundation established in February 1972 and incorporated as a non-profit Kansas corporation. Based in Lawrence, Kansas, the foundation distributes funds to charitable organizations and educational institutions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.6M
+6.3% YoY
Annual Giving
$1.0M
+15.7% YoY
Grant Count
34
+3.0% YoY
Avg Grant Size
$30K
+12.3% YoY
Mission & Focus Areas
The foundation's stated purpose is distributing funds to charitable organizations and educational charities and institutions. Primary giving focuses on education and human services.
Grantmaking
As of December 31, 2006, the foundation had contributed $10,476,326 to organizations and institutions, with most grants directed to recipients in Douglas County, Kansas.
Grant Range
$30,000 (2024)
Average Grant
$30,000 (2024)
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations and institutions in Douglas County, Kansas, with a particular emphasis on the Lawrence, Kansas area.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Current Assets & Revenue (2024):
- Total Assets: $21.6 million
- Annual Giving: $1.0 million
- Revenue: $631,703
- Expenses: $1.2 million
- Qualifying Distributions: $1.2 million
Historical Comparison:
- 2023: Total Assets $20.3 million; Expenses $1.07 million
- 2022: Total Assets $18.7 million; Expenses $1.01 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $21,609,017 | $20,328,732 | $18,710,100 |
| Revenue | $631,703 | $520,728 | $740,963 |
| Expenses | $1,228,198 | $1,074,441 | $1,012,432 |
| Qualifying Distributions | $1,168,173 | $1,019,673 | $968,597 |
| Net Investment Income | $572,054 | $479,043 | $698,173 |
| Distributable Amount | $1,061,684 | $961,792 | $987,090 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
149 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | 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 |
Contact Information
Address: 1420 Wakarusa Drive, Suite 103, Lawrence, KS 66049-3810
Phone: 785-841-9961
EIN: 23-7156608
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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