Jacob & Sophie Rice Family Foundation

NEW YORK, NY EIN: 13-6264756 Website

The Jacob & Sophie Rice Family Foundation is a private foundation incorporated in 1968 in New York. Based in New York City, the foundation operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic grantmaking across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-4.1% YoY

Annual Giving

$258K

-1.5% YoY

Grant Count

+6.3% YoY

Avg Grant Size

$15K

-7.3% YoY

Under IRS private-foundation payout rules, Jacob & Sophie Rice Family Foundation reported a distributable amount of $311K 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 supports initiatives in the following areas:

Education
Health and in-patient medical care
Hospital care
Diseases and conditions
Religion, Christianity, and Catholicism
Philanthropy and nonprofit support

Grantmaking

The foundation made 16 grants in its most recent reporting year. Recent grants include:

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Geographic Focus

Where this funder awards grants

The foundation funds organizations in multiple U.S. locations, including:

New York cities and areas: Albany, Bronx, Brooklyn, Gloversville, Kingston, New York, Pelham, Yonkers
Other states: Florida, Illinois, Virginia

Grant Distribution by State

New York $995K (91%)

Virginia $65K (6%)

Illinois $23K (2%)

Florida $10K (1%)

Tennessee $5K (0%)

States

Florida Illinois New York Tennessee Virginia

Cities

AlbanyArlingtonBronxBrooklynGloversvilleJacksonvilleKingstonMemphisNew YorkOalk BrookPelhamYonkers

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (2024):

Total Assets: $1,275,239
Total Revenues: $277,963
Total Expenses: $331,336
Investment Income and Dividends: $100,024
Number of Employees: 0

Previous Year Data (2023):

Total Assets: $1,329,584
Total Giving: $262,000
Total Revenues: $293,792
Total Expenses: $325,426

The foundation's revenue is primarily derived from investment income and dividends rather than contributions.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,275,239	$1,329,584	$1,360,649
Revenue	$277,963	$293,792	$237,613
Expenses	$331,336	$325,426	$321,712
Qualifying Distributions	$284,782	$286,186	$288,240
Net Investment Income	$237,730	$260,319	$204,141
Distributable Amount	$311,424	$268,440	$268,692

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

79 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Benedictine Hospital ($45,000), Calvery Hospital ($25,000), Juvenile Diabetes Foundation ($25,000).

Recipient	Purpose	Amount
BENEDICTINE HOSPITAL KINGSTON, NY	HEALTH	$45,000
CALVERY HOSPITAL BRONX, NY	HEALTH	$25,000
CATHOLIC CHARITIES NEW YORK, NY	CHARITABLE	$15,000
CENTER FOR THE DISABLED ALBANY, NY	HEALTH	$15,000
CNEWA NEW YORK, NY	RELIGIOUS	$10,000
COMMUNITY MATERNITY SERVICES GLOVERSVILLE, NY	HEALTH	$20,000
JUVENILE DIABETES FOUNDATION NEW YORK, NY	HEALTH	$25,000
RELIGIOUS OF THE SACRED HEART OF MARY ARLINGTON, VA	HEALTH	$15,000
RONALD MCDONALD HOUSE OALK BROOK, IL	CHARITABLE	$5,000
ST CATHERINE'S CENTER FOR CHILDREN ALBANY, NY	HEALTH	$15,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by four trustees:

Todd Hamilton
Lynn LeBlanc
Avery Hamilton
Bailey Hamilton

Each trustee works approximately 10 hours and receives compensation of $1,470.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TODD HAMILTON	TRUSTEE	10	$1,469
LYNN LEBLANC	TRUSTEE	10	$1,469
AVERY HAMILTON	TRUSTEE	10	$1,469
BAILEY HAMILTON	TRUSTEE	10	$1,469

Contact Information

Address: 1020 Park Ave # 8c, New York City, NY 10028-0913
Telephone: 732-449-1001
EIN: 13-6264756

Frequently Asked Questions

What does Jacob & Sophie Rice Family Foundation fund?

The foundation supports initiatives in the following areas: • Education • Health and in-patient medical care • Hospital care • Diseases and conditions • Religion, Christianity, and Catholicism • Philanthropy and nonprofit support

How do I apply for a grant from Jacob & Sophie Rice Family Foundation?

The foundation made 16 grants in its most recent reporting year. Recent grants include: • HealthAlliance Hospital: $45,000 (Health) • Breakthrough T1D (JDRF): $25,000 (Health) • St. Catherine's Center for Children: $15,000 (Health) The foundation supports both health-focused organizations and religious institutions across its grantmaking portfolio.

Where does Jacob & Sophie Rice Family Foundation make grants?

The foundation funds organizations in multiple U.S. locations, including: • **New York cities and areas:** Albany, Bronx, Brooklyn, Gloversville, Kingston, New York, Pelham, Yonkers • **Other states:** Florida, Illinois, Virginia

What size grants does Jacob & Sophie Rice Family Foundation award?

In 2024, Jacob & Sophie Rice Family Foundation awarded 17 grants totaling $258K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is Jacob & Sophie Rice Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jacob & Sophie Rice Family Foundation reported a distributable amount of $311K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jacob & Sophie Rice Family Foundation's EIN?

Jacob & Sophie Rice Family Foundation's EIN (Employer Identification Number) is 13-6264756. IRS Form 990 filing data is available on this page for 2020–2024.