Paul and Nicole Ricci Family

Private foundation · Grantmaker Quincy, MA EIN: 45-4102455

Paul and Nicole Ricci Family is a private foundation, based in Quincy, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.1M in total assets. In 2025, it awarded 7 grants totaling $2.5M. Net investment income was $1.8M.

Paul and Nicole Ricci Family at a glance

In short: Paul and Nicole Ricci Family gave $2.5M across 7 grants in 2025 (avg $354K), mostly in California. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$2,480,000
+464.7% vs 2024
Grants made (2025)
7
+16.7% vs 2024
Average grant
$354,286
+384.0% vs 2024
Median grant
$250,000
Total assets
$2,132,588
-22.4% vs 2024
Primary geography
California (89% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Paul and Nicole Ricci Family funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Woodside Priory School: $2.1M across 3 grantsWoodside Priory School$2.1M · 3 grantsSocial Science Research Council: $250KSocial Science ResearchCouncil$250KStanford Universitycasbs-: $80KStanford Universitycasbs-$80KStanford University: $50KStanford University$50KUSA Cycling Development Foundation: $25KUSA Cycling DevelopmentFoundation$25K

The largest 2025 recipient was Woodside Priory School ($2.1M across 3 grants). Together the top 5 received $2.5M.

Grant Size Distribution

29 grants across all recorded years

15<$50K7$50–100K2$100–250K2$250–500K2$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 15 grants of 29 (52%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

Portola ValleyStanfordColorado SpringsMenlo ParkPalo AltoSacramentoBrooklynBostonSan FranciscoSan Franciso

How Paul and Nicole Ricci Family gives

  • Giving grew 1002% from 2022 to 2025. Method
  • In 2025 it paid out 915% of its IRS minimum distribution (the 5% rule). 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

$0$1M$2M$3M7 grants2019 4 grants2020 7 grants2021 5 grants2022 4 grants2023 6 grants2024 7 grants2025

From 2019 to 2025, annual grant giving ranged from $178K (2020) to $2.5M (2025). In 2025 it made 7 grants totaling $2.5M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Woodside Priory School Portola Valley, CAGeneral Support of Organization - Building Fund$1,000,000
Woodside Priory School Portola Valley, CAGeneral support of organization - building fund $500,000.00; annual fund $75,000.00$575,000
Woodside Priory School Portola Valley, CAGeneral Support of Organization$500,000
Social Science Research Council Brooklyn, NYGeneral Use$250,000
Stanford Universitycasbs- Stanford, CARestricted Grant for the Summer Institute of Casbs$80,000
Stanford University Stanford, CAGrant for Office Suite Dedication$50,000
USA Cycling Development Foundation Colorado Springs, COGeneral Support of Organization$25,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,132,588$1,897,485$2,545,996$2,480,0007$2,480,000$1,835,934$271,076
2024$2,749,342$359,787$494,557$439,1526$439,152$309,691$305,918
2023$2,577,281$191,884$249,318$205,0004$205,000$150,785$281,321
2022$2,687,786$-241,665$274,705$225,0005$225,000$28,975$272,427
2021$3,201,464$152,418$304,609$265,0007$265,000$115,885$289,997
2020$3,376,751$495,625$209,620$178,3334—$17,687$248,793
2019$3,091,071$59,707$216,875$185,8337—$31,862$211,773

Under IRS private-foundation payout rules, Paul and Nicole Ricci Family reported a distributable amount of $271K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Paul and Nicole Ricci Family is led by Paul A. Ricci, President & Director on every filing since 2019; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Paul A. Ricci

    President & Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jamie Nadeau Cody

    Clerk & Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Michael T. Cody

    Treasurer & Director

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Paul and Nicole Ricci Family

How much does Paul and Nicole Ricci Family give each year?

Paul and Nicole Ricci Family gave $2.5M across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $439K across 6 grants.

What is Paul and Nicole Ricci Family's typical grant size?

Paul and Nicole Ricci Family's median grant in 2025 was $250,000, and its average grant was $354,286, across 7 grants on its 2025 IRS Form 990-PF.

Where does Paul and Nicole Ricci Family give grants?

Paul and Nicole Ricci Family gives mostly in California: 89% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (10%). The most frequent recipient cities were Portola Valley, CA (3 grants) and Stanford, CA (2 grants).

Does Paul and Nicole Ricci Family give general operating support?

Yes: 71% of Paul and Nicole Ricci Family's 2025 grants with a stated purpose (5 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Paul and Nicole Ricci Family's largest grantees?

Paul and Nicole Ricci Family's largest 2025 grantees include Woodside Priory School ($2,075,000 across 3 grants), Social Science Research Council ($250,000) and Stanford Universitycasbs- ($80,000), according to its 2025 IRS Form 990-PF. Together they received 97% of its itemized 2025 grant dollars.

How large is Paul and Nicole Ricci Family?

Paul and Nicole Ricci Family reported $2.1M in total assets on its 2025 IRS Form 990-PF. It paid out $2.5M in qualifying distributions that year, against a required minimum of $271K (roughly 5% of its investment assets).

What is Paul and Nicole Ricci Family's EIN?

Paul and Nicole Ricci Family's EIN (Employer Identification Number) is 45-4102455. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS August 13, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 27, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 12, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 31, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 20, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  8. IRS filings on file for fiscal years 2019–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Paul and Nicole Ricci Family's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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