Rice Foundation

SKOKIE, IL EIN: 36-6043160

The Rice Foundation is a private 501(c)(3) foundation based in Skokie, Illinois, established in 1949. The foundation operates as a grantmaking organization with a dual mission: supporting charitable organizations primarily in Illinois across multiple sectors, while also conducting direct humanitarian work in Honduras.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$4.0M

+8.2% YoY

Grant Count

59

-10.6% YoY

Avg Grant Size

$67K

+21.1% YoY

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

Mission & Focus Areas

The foundation's grantmaking focuses on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Health
  • Arts
  • Conservation

The foundation also operates medical mission trips to Copan, Honduras, organizing 8-15 one-week missions annually where volunteer medical professionals provide surgical care, including specialized cleft palate and lip surgeries, alongside educational programs. The foundation supports the Fuente de Poder High School in Honduras, which has graduated over 130 students.

Grantmaking

The foundation has made 587 grants over its documented history and focuses on preselected charitable organizations.

Grant Range

$25,000 to $600,000

Average Grant

amount varies by year

Invitation Only

Invitation only—no unsolicited applications accepted

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is primarily concentrated in Illinois (93% of 2024 grants), with additional focus on Honduras for humanitarian and educational initiatives.

Grant Distribution by State

4states

Cities

AddisonBannockburnBismarckBlue IslandBoulder JunctionBrookfieldChicagoDes PlainesDundeeElmhurstEvanstonGlencoeGlenviewGolfGreshamHarlingenHighland ParkHoffman EstatesLake ForestLisle

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $67,349,517
  • Total revenue: $5,823,601
  • Total expenses: $5,221,552
  • Net income: $602,049
  • Total liabilities: $0
  • Annual giving: Approximately $4.5 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$6M61 grants202067 grants202154 grants202266 grants202359 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Field Musuem$600KGigi's Playhouse$500KMarine Military Academy$350KMax McGraw Wildlife Foun…$250KChicago Botanic Garden$178KOperation North Pole$150KIllinois Conservation Fo…$130KNorth Shore Center the P…$130KDucks Unlimited Inc$125KBy the Hand Club for Kid…$100K

Grant Size Distribution

250 grants across all recorded years

173<$50K31$50–100K25$100–250K11$250–500K5$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Field Musuem ($600,000), Gigi's Playhouse ($500,000), Marine Military Academy ($350,000).

RecipientPurposeAmount
Boys and Girls Clubs of Chicago Chicago, ILCharitable$25,000
By the Hand Club for KidsFormerly K Chicago, ILCharitable$100,000
Canine Therapy Corps Chicago, ILCharitable$10,000
Career Transitions Center of Chicag Chicago, ILCharitable$10,000
Equestrian Connection Lake Forest, ILCharitable$70,000
Field Musuem Chicago, ILCharitable$600,000
Haddley School for Blind Winnetka, ILCharitable$10,000
Illinois Conservation Foundation Springfield, ILCharitable$130,000
Little Sisters of the Poor - St Mar Chicago, ILCharitable$15,000
Maine Niles Assoc of Special Recrea Morton Grove, ILCharitable$20,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Peter Nolan – President
  • Christine Nolan – Vice President
  • Board of five trustees

Compensation Overview

From 2024 IRS filing

Peter NolanPresident$290KChristine NolanVice President$111K

From 2024 filing

NameTitleHoursCompensation
Peter NolanPresident60$290,010
Richard T SchroederTreasurer
Christine NolanVice President40$111,395
Barbara Whitney CarrDirector
Marshall Field VDirector
Robin NolanDirector
David J Winchester MDDirector

Contact Information

Address: 8600 Gross Point Road, Skokie, IL 60077

Phone: (847) 581-9999

Website: ricefoundation.us

EIN: 36-6043160

Frequently Asked Questions

What does Rice Foundation fund?

The foundation's grantmaking focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Health • Arts • Conservation The foundation also operates medical mission trips to Copan, Honduras, organizing 8-15 one-week missions annually where volunteer medical professionals provide surgical care, including specialized cleft palate and lip surgeries, alongside educational programs. The foundation supports the Fuente de Poder High School in Honduras, which has graduated over 1…

How do I apply for a grant from Rice Foundation?

**Grant Activity:** • Total giving: $3,980,600 (2024) • Number of grants: 61 grants in 2024 • Grant range: $25,000 to $600,000 • Average grant amount varies by year • Application process: Invitation only—no unsolicited applications accepted **Recent Grants (2024):** • GiGi's Playhouse: $500,000 • Marine Military Academy (MMA): $350,000 • Max McGraw Wildlife Foundation: $250,000 The foundation has made 587 grants over its documented history and focuses on preselected charitable organizations.

Where does Rice Foundation make grants?

The foundation's grantmaking is primarily concentrated in Illinois (93% of 2024 grants), with additional focus on Honduras for humanitarian and educational initiatives.

What size grants does Rice Foundation award?

In 2024, Rice Foundation awarded 59 grants totaling $4.0M — an average of about $67K per grant, based on its IRS Form 990 filings.

What is Rice Foundation's EIN?

Rice Foundation's EIN (Employer Identification Number) is 36-6043160. 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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