The George and Alice Rich is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 14 grants totaling $111K. Net investment income was $352K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+6.1% YoY
Annual Giving
$111K
+9.4% YoY
Grant Count
14
+75.0% YoY
Avg Grant Size
$8K
-37.5% YoY
Under IRS private-foundation payout rules, The George and Alice Rich reported a distributable amount of $180K for 2024 — the minimum it must pay out in qualifying distributions.
About The George and Alice Rich
Based on IRS filings
The George and Alice Rich is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 14 grants totaling $111K. Net investment income was $352K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,135,580 | $2,955,143 | $2,838,989 |
| Revenue | $391,612 | $302,278 | $-100,362 |
| Expenses | $211,175 | $186,124 | $268,360 |
| Qualifying Distributions | $166,610 | $148,154 | $223,473 |
| Net Investment Income | $352,481 | $264,308 | $69,029 |
| Distributable Amount | $180,328 | $168,962 | $179,365 |
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
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Suffolk University ($25,000), Spaulding Rehab ($20,000), Northeastern University ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASIAN AMERICAN CIVIC ASSOCIATION BOSTON, MA | DONATION TO SUPPORT THE CHARITY'S MISSION | $2,500 |
| FRIENDS OF BOSTON'S HOMELESS BOSTON, MA | DONATION TO SUPPORT THE CHARITY'S MISSION | $5,500 |
| MASSACHUSETTS BAR ASSOCIATION BOSTON, MA | DONATION TO SUPPORT THE CHARITY'S MISSION | $10,000 |
| MERRIMACK COLLEGE NORTH ANDOVER, MA | DONATION TO SUPPORT THE CHARITY'S MISSION | $2,500 |
| NORTHEASTERN UNIVERSITY BOSTON, MA | CHARITABLE | $15,000 |
| PERKINS SCHOOL FOR THE BLIND E WATERTOWN, MA | DONATION TO SUPPORT THE CHARITY'S MISSION | $7,500 |
| SHRINER'S CHILDREN'S BOSTON BOSTON, MA | DONATION TO SUPPORT THE CHARITY'S MISSION | $5,000 |
| SOUTHERN POVERTY LAW CENTER MONTGOMERY, AL | DONATION TO SUPPORT THE CHARITY'S MISSION | $2,500 |
| SPAULDING REHAB CHARLESTOWN, MA | DONATION TO SUPPORT THE CHARITY'S MISSION | $20,000 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TN | DONATION TO SUPPORT THE CHARITY'S MISSION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALEXANDER A BOVE JR | TRUSTEE | 15 | $33,712 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The George and Alice Rich?
The George and Alice Rich is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $3.1M in total assets as of 2024.
How large is The George and Alice Rich?
As of 2024, The George and Alice Rich holds $3.1M in total assets with $392K in annual revenue. It awarded 14 grants totaling $111K in 2024.
Where does The George and Alice Rich operate?
The George and Alice Rich has awarded grants in Alabama, District of Columbia, Florida, Massachusetts, Tennessee.
What size grants does The George and Alice Rich award?
In 2024, The George and Alice Rich awarded 14 grants totaling $111K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The George and Alice Rich required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The George and Alice Rich reported a distributable amount of $180K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The George and Alice Rich's EIN?
The George and Alice Rich's EIN (Employer Identification Number) is 04-6936732. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The George and Alice Rich's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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