Rice Memorial Hospital and Welfare 310006010

EVANSVILLE, IN EIN: 35-6015582

Rice Memorial Hospital and Welfare 310006010 is a private foundation focused on Education, based in EVANSVILLE, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 3 grants totaling $52K. Net investment income was $113K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+4.5% YoY

Annual Giving

$52K

+42.0% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$17K

-5.4% YoY

Under IRS private-foundation payout rules, Rice Memorial Hospital and Welfare 310006010 reported a distributable amount of $64K for 2024 — the minimum it must pay out in qualifying distributions.

About Rice Memorial Hospital and Welfare 310006010

Based on IRS filings

Rice Memorial Hospital and Welfare 310006010 is a private foundation focused on Education, based in EVANSVILLE, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 3 grants totaling $52K. Net investment income was $113K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BloomingtonIndianapolisNew AlbanyW LafayetteWest Lafayette

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$32K$65K$97K$130K201920202021202220232024
Metric202420232022
Total Assets$1,052,067$1,007,006$971,569
Revenue$117,831$86,465$34,632
Expenses$72,767$52,374$56,507
Qualifying Distributions$66,502$49,427$51,619
Net Investment Income$113,422$82,811$31,858
Distributable Amount$64,074$59,202$59,407

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$26K$39K$52K5 grants20193 grants20204 grants20213 grants20222 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

INDIANA UNIVERSITY$28KPURDUE UNIVERSITY$20KINDIANA UNIVERSITY SOUTH…$4K

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$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 Indiana University ($27,825), Purdue University ($19,875), Indiana University Southeast ($3,975).

RecipientPurposeAmount
INDIANA UNIVERSITY SOUTHEAST NEW ALBANY, INSCHOLARSHIPS$3,975
INDIANA UNIVERSITY BLOOMINGTON, INSCHOLARSHIPS$27,825
PURDUE UNIVERSITY WEST LAFAYETTE, INSCHOLARSHIPS$19,875

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

OLD NATIONAL WEALTH …TRUSTEE$18K

From 2024 filing

NameTitleHoursCompensation
OLD NATIONAL WEALTH MANAGEMENTTRUSTEE1$17,903

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Rice Memorial Hospital and Welfare 310006010?

Rice Memorial Hospital and Welfare 310006010 is a private foundation focused on Education, based in EVANSVILLE, IN. It holds $1.1M in total assets as of 2024.

How large is Rice Memorial Hospital and Welfare 310006010?

As of 2024, Rice Memorial Hospital and Welfare 310006010 holds $1.1M in total assets with $118K in annual revenue. It awarded 3 grants totaling $52K in 2024.

Where does Rice Memorial Hospital and Welfare 310006010 operate?

Rice Memorial Hospital and Welfare 310006010 has awarded grants in Indiana.

What size grants does Rice Memorial Hospital and Welfare 310006010 award?

In 2024, Rice Memorial Hospital and Welfare 310006010 awarded 3 grants totaling $52K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Rice Memorial Hospital and Welfare 310006010 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Rice Memorial Hospital and Welfare 310006010 reported a distributable amount of $64K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Rice Memorial Hospital and Welfare 310006010's EIN?

Rice Memorial Hospital and Welfare 310006010's EIN (Employer Identification Number) is 35-6015582. IRS Form 990 filing data is available on this page for 2019–2024.

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

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