Robert B Rice Charitable Trust

Private foundation · Grantmaker Philo, IL EIN: 45-4484639

Robert B Rice Charitable Trust is a private foundation, based in Philo, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.2M in total assets. In 2025, it awarded 4 grants totaling $175K. Net investment income was $392K.

Key facts about Robert B Rice Charitable Trust

In short: Robert B Rice Charitable Trust gave $175K across 4 grants in 2025 (avg $44K), mostly in Illinois. Source: 2025 IRS Form 990-PF.

EIN
45-4484639
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$174,654
Grants made (2025)
4
Average grant
$43,664
Median grant
$12,226
Total assets
$2,224,257
Primary geography
Illinois (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.2M

+9.6% YoY

Annual Giving

$175K

+22.3% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$44K

+22.3% YoY

Under IRS private-foundation payout rules, Robert B Rice Charitable Trust reported a distributable amount of $169K for 2025 — the minimum it must pay out in qualifying distributions.

How Robert B Rice Charitable Trust gives

  • Giving held roughly steady from 2022 to 2025 (+7%). Method
  • In 2025 it paid out 106% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 4 itemized grants.

States

Cities

Philo

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K4 grants2019 4 grants2020 4 grants2021 4 grants2022 4 grants2023 4 grants2024 4 grants2025

From 2019 to 2025, annual grant giving ranged from $143K (2024) to $175K (2025). In 2025 it made 4 grants totaling $175K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

St Thomas Parish: $138KSt Thomas Parish$138KPhilo Presbyterian Church: $12KPhilo Presbyterian Church$12KPhilo Township Library: $12KPhilo Township Library$12KZion Lutheran Church: $12KZion Lutheran Church$12K

The largest 2025 recipient was St Thomas Parish ($138K). Together the top 4 received $175K.

Grant Size Distribution

20 grants across all recorded years

15<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 20 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
St Thomas Parish Philo, ILGeneral Operating Support$137,976
Philo Presbyterian Church Philo, ILGeneral Operating Support$12,226
Philo Township Library Philo, ILGeneral Operating Support$12,226
Zion Lutheran Church Philo, ILGeneral Operating Support$12,226

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,224,257$2,029,059$2,117,666
Revenue$394,201$75,106$147,586
Expenses$199,003$163,713$172,849
Qualifying Distributions$179,572$147,489$149,988
Net Investment Income$392,191$73,314$51,807
Distributable Amount$169,194$179,289$142,854

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 27, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 17, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 26, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Robert B Rice Charitable Trust's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Darrel Rice

    Trustee

    On filings since 2019

    2 hrs/week

    $9K (2019) → $10K (2025)

  • Dirk Rice

    Trustee

    On filings since 2019

    2 hrs/week

    $9K (2019) → $10K (2025)

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.

Compensation Overview

From 2025 IRS filing

Dirk Rice — Trustee: $10KDirk RiceTrustee$10KDarrel Rice — Trustee: $10KDarrel RiceTrustee$10K

The highest reported compensation on the 2025 filing was $10K, to Dirk Rice (Trustee). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Robert B Rice Charitable Trust

How much does Robert B Rice Charitable Trust give each year?

Robert B Rice Charitable Trust gave $175K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $143K across 4 grants.

What is Robert B Rice Charitable Trust's typical grant size?

Robert B Rice Charitable Trust's median grant in 2025 was $12,226, and its average grant was $43,664, across 4 grants on its 2025 IRS Form 990-PF.

Where does Robert B Rice Charitable Trust give grants?

Robert B Rice Charitable Trust gives mostly in Illinois: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Philo, IL (4 grants).

Does Robert B Rice Charitable Trust give general operating support?

Yes: 100% of Robert B Rice Charitable Trust's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Robert B Rice Charitable Trust?

Robert B Rice Charitable Trust reported $2.2M in total assets on its 2025 IRS Form 990-PF. It paid out $180K in qualifying distributions that year, against a required minimum of $169K (roughly 5% of its investment assets).

What is Robert B Rice Charitable Trust's EIN?

Robert B Rice Charitable Trust's EIN (Employer Identification Number) is 45-4484639. 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.

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