Ethel & Raymond F Rice Foundation

LAWRENCE, KS EIN: 23-7156608

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

Under IRS private-foundation payout rules, Ethel & Raymond F Rice Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

4states

Cities

Baldwin CityDenverLawrenceLecomptonMemphisPiney WoodsPrairie VillageTopekaWellsville

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$892K$2M$3M$4M20202021202220232024
Metric202420232022
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

$0$258K$516K$774K$1M25 grants202027 grants202130 grants202233 grants202334 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DOUGLAS CO VISITING NURSES$120KBERT NASH HEALTH CENTER$100KUNITED WAY OF KAW VALLEY$60KVAN GO MOBILE ARTS INC$52KPINEY WOODS SCHOOL$50KBAKER UNIVERSITY$50KDCCCA INC$50KBALLARD COMMUNITY CENTER$45KLAWRENCE MEALS ON WHEELS…$35KDOUGLAS CO HISTORICAL SO…$35K

Grant Size Distribution

149 grants across all recorded years

122<$50K21$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Douglas Co Visiting Nurses ($120,000), Bert Nash Health Center ($100,000), United Way of Kaw Valley ($60,000).

RecipientPurposeAmount
AUDIO-READER NETWORK LAWRENCE, KSFor Braille & large print program guides and equipment, software, and volunteer appreciation dinner.$10,000
FAMILY PROMISE OF LAWRENCE LAWRENCE, KSToward refurbishing the building at 200 Mt. Hope Court to be used as a safe, temporary shelter facility for families.$25,000
DOUGLAS CO CASA LAWRENCE, KSTo provide activity scholarships, clothing, shoes, and other supplies for children who have experienced abuse and neglect.$12,500
DOUGLAS CO HISTORICAL SOCIETY LAWRENCE, KS$24,500 to maintain collections and public research at Watkins Museum and support the intership program. $10,000 toward events in 2025 celebrating the Watkins Museum's 50th anniversary.$34,500
DOUGLAS CO LEGAL AID SOCIETY LAWRENCE, KSNo-cost legal representation to those who are unable to afford an attorney for matters pending in Douglas County, Kansas.$6,000
DOUGLAS CO VISITING NURSES LAWRENCE, KSTo supplement the cost of providing in-home healthcare for qualified no/low income in VNA's Home Health and Hospice Programs.$120,000
KANSAS UNIVERSITY SCHOOL OF LAW LAWRENCE, KSFor the Rice Scholarships Program$25,000
LAWRENCE CITY BAND INC LAWRENCE, KSToward set up assistance, inclement weather site rental, performer compensation and music for summer band concerts for area citizens.$12,000
LAWRENCE HUMANE SOCIETY LAWRENCE, KSToward equipment (stainless steel exam table, kennels, and shelving for storage) in high-top transit van that serves as a mobile medical clinic.$25,000
LAWRENCE MEALS ON WHEELS INC LAWRENCE, KSToward meals for those who cannot afford to pay and to help with unexpected funding cuts.$35,250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

PETER CURRANPresident$39KERNESTO T HODISONTreasurer$5KROBERT C JOHNSONVice President$5KBRADLEY R FINKELDEISecretary$5KSANDRA STUDLEYTrustee$5K

From 2024 filing

NameTitleHoursCompensation
PETER CURRANPresident20$39,000
ERNESTO T HODISONTreasurer0.5$5,000
ROBERT C JOHNSONVice President0.5$5,000
BRADLEY R FINKELDEISecretary0.5$5,000
SANDRA STUDLEYTrustee0.5$5,000

Contact Information

Address: 1420 Wakarusa Drive, Suite 103, Lawrence, KS 66049-3810

Phone: 785-841-9961

EIN: 23-7156608

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Ethel & Raymond F Rice Foundation fund?

The foundation's stated purpose is distributing funds to charitable organizations and educational charities and institutions. Primary giving focuses on education and human services.

How do I apply for a grant from Ethel & Raymond F Rice Foundation?

**Grant Activity:** • Average grant size: $30,000 (2024) • Number of grants: 34 (2024) • Annual giving: $1.0 million (2024) **Historical Giving:** 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.

Where does Ethel & Raymond F Rice Foundation make grants?

The foundation primarily supports organizations and institutions in Douglas County, Kansas, with a particular emphasis on the Lawrence, Kansas area.

What size grants does Ethel & Raymond F Rice Foundation award?

In 2024, Ethel & Raymond F Rice Foundation awarded 34 grants totaling $1.0M — an average of about $30K per grant, based on its IRS Form 990 filings.

How much is Ethel & Raymond F Rice Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ethel & Raymond F Rice Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ethel & Raymond F Rice Foundation's EIN?

Ethel & Raymond F Rice Foundation's EIN (Employer Identification Number) is 23-7156608. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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