The Rice Family Foundation
The Rice Family Foundation is a private grantmaking foundation established in 1989, located in Jericho, New York. The foundation operates as a family foundation with a focus on philanthropic giving across multiple sectors.
Key facts about The Rice Family Foundation
- EIN
- 13-3542090
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $3,866,250
- Grants made (2024)
- 101
- Average grant
- $38,280
- Median grant
- $20,000
- New grantees (estimate)
- 23% first-time grantees (23 of 100, 2024)
- Total assets
- $61,601,120
- Primary geography
- New York (64% of itemized 2024 grant dollars)
- How to apply
- The foundation does not maintain a website and keeps a low public profile. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Rice Family Foundation funds
By grant dollars, the top recipient states for The Rice Family Foundation's 101 itemized 2024 grants were New York (64%), District of Columbia (11%) and Virginia (10%). The most frequent recipient cities were New York, NY (23 grants), Washington, DC (11 grants), Brooklyn, NY (4 grants) and Athens, GA (4 grants). 100% of grants with a stated purpose were for general or operating support.
Is The Rice Family Foundation open to new grantees?
23%
first-time grantees, 2024
In 2024, 23 of 100 grantees (23%) were first-time recipients. First grants averaged $21K; repeat grants $44K. How we count
Medians: $8K first-time, $25K repeat.
- 77% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−7%). Method
- In 2024 it paid out 113% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Rice Family Foundation
- How to evaluate The Rice Family Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$61.6M
-3.4% YoY
Annual Giving
$3.9M
-4.6% YoY
Grant Count
101
+6.3% YoY
Avg Grant Size
$38K
-10.3% YoY
Under IRS private-foundation payout rules, The Rice Family Foundation reported a distributable amount of $3.4M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not maintain a public mission statement. However, its grantmaking priorities center on:
- Education — particularly higher education institutions
- Health — with emphasis on reproductive health and public health access
- Environment
- Arts and Culture
The foundation has demonstrated particular commitment to supporting Yale University, where trustee Eve Hart Rice is an alumna. Support for Yale has included building an urban studies program, fostering public service careers for women, supporting collections at the Yale University Art Gallery and libraries, and promoting international research experiences for students.
Grantmaking
Grant Range
$15,000 median to $400,000 maximum
How to Apply
**
Ready to take the next step with The Rice Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation has supported organizations in New York, particularly in Westchester County and the broader New York region. Past grantees include Westchester Community College and Northern Westchester Hospital.
Grant Distribution by State
Share of all 101 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $61.6 million
- Total revenues: $2.98 million
- Total expenses: $4.99 million
- Investment income and dividends: $1.48 million
As of 2023:
- Total assets: $74 million
- Total distributions: $4.1 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $61,601,120 | $63,761,443 | $65,160,185 |
| Revenue | $2,980,695 | $3,898,719 | $3,101,425 |
| Expenses | $4,991,671 | $5,261,018 | $4,600,216 |
| Qualifying Distributions | $3,882,053 | $4,059,125 | $3,274,561 |
| Net Investment Income | $896,958 | $1,345,010 | $418,158 |
| Distributable Amount | $3,435,827 | $3,366,247 | $3,719,331 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
335 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Planned Parenthood Federation of America ($400,000), Center for Reproductive Rights ($300,000), American Museum of Natural History ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PLANNED PARENTHOOD FEDERATION OF AMERICA New York, NY | GENERAL SUPPORT | $400,000 |
| CENTER FOR REPRODUCTIVE RIGHTS New York, NY | GENERAL SUPPORT | $300,000 |
| AMERICAN MUSEUM OF NATURAL HISTORY New York, NY | GENERAL SUPPORT | $150,000 |
| DOCTORS WITHOUT BORDERS New York, NY | GENERAL SUPPORT | $150,000 |
| NEW YORK UNIVERSITY New York, NY | GENERAL SUPPORT | $150,000 |
| ACLU FOUNDATION New York, NY | GENERAL SUPPORT | $105,000 |
| BRENNAN CENTER FOR JUSTICE New York, NY | GENERAL SUPPORT | $100,000 |
| LAWYERS' COMMITTEE FOR CIVIL RIGHTS UNDER LAW Washington, WA | GENERAL SUPPORT | $100,000 |
| MEDECIN SANS FRONTIERS New York, NY | GENERAL SUPPORT | $100,000 |
| MET MUSEUM New York, NY | GENERAL SUPPORT | $100,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Current Leadership:
- Edward Hart Rice — Co-President, Secretary & Director (stockbroker and financier based in Virginia; major Democratic donor)
- Eve Hart Rice — Co-President, Treasurer & Director (author and psychiatrist based in Westchester County, New York; Yale University trustee)
- Timothy Mattison — Vice President & Director
- Nancy A Rice — Vice President & Director
All listed officers work 2 hours per week and receive no compensation.
The foundation was established by the children of Henry Hart Rice, a prominent real estate broker.
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Edward Hart Rice | Co-Pres, Secretary & Direc | 2 | — |
| Eve Hart Rice | Co-Pres, Treasurer & Direc | 2 | — |
| Timothy Mattison | Vice President & Director | 2 | — |
| Nancy a Rice | Vice President & Director | 2 | — |
Contact Information
Address: 100 Jericho Quadrangle, Suite 342 Jericho, NY 11753-2710
Telephone: 914-234-3278
Administrative Support: Citrin Cooperman Advisors LLC
Frequently Asked Questions
What does The Rice Family Foundation fund?
The foundation does not maintain a public mission statement. However, its grantmaking priorities center on: • **Education** — particularly higher education institutions • **Health** — with emphasis on reproductive health and public health access • **Environment** • **Arts and Culture** The foundation has demonstrated particular commitment to supporting Yale University, where trustee Eve Hart Rice is an alumna. Support for Yale has included building an urban studies program, fostering public ser…
How do I apply for a grant from The Rice Family Foundation?
The foundation does not maintain a website and keeps a low public profile. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does The Rice Family Foundation make grants?
The foundation has supported organizations in New York, particularly in Westchester County and the broader New York region. Past grantees include Westchester Community College and Northern Westchester Hospital.
What size grants does The Rice Family Foundation award?
In 2024, The Rice Family Foundation awarded 101 grants totaling $3.9M — an average of about $38K per grant, based on its IRS Form 990 filings.
How much is The Rice Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Rice Family Foundation reported a distributable amount of $3.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Rice Family Foundation's EIN?
The Rice Family Foundation's EIN (Employer Identification Number) is 13-3542090. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.