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.
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
The foundation does not maintain a website and keeps a low public profile. Prospective grantees are advised to contact the foundation directly or pursue networking to reach the foundation's decision-makers.
Grant Range
$15,000 median to $400,000 maximum
How to Apply
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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
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 |
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
239 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Center for Reproductive Rights ($300,000), American Museum of Natural History ($150,000), Doctors Without Borders ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACLU FOUNDATION NEW YORK, NY | GENERAL SUPPORT | $105,000 |
| ALVIN AILEY NEW YORK, NY | GENERAL SUPPORT | $2,500 |
| AMERICAN MUSEUM OF NATURAL HISTORY NEW YORK, NY | GENERAL SUPPORT | $150,000 |
| ATHENS AREA HOMELESS SHELTER ATHENS, GA | GENERAL SUPPORT | $3,000 |
| ATHENS LAND TRUST (GA) ATHENS, GA | GENERAL SUPPORT | $2,500 |
| BEDFORD FREE LIBRARY BEDFORD, NY | GENERAL SUPPORT | $5,000 |
| BEDFORD HILLS FREE LIBRARY BEDFORD HILLS, NY | GENERAL SUPPORT | $5,000 |
| BENNY'S FOOD PANTRY AT CUNY NEW YORK, NY | GENERAL SUPPORT | $1,000 |
| BEREA COLLEGE FOUNDATION BEREA, KY | GENERAL SUPPORT | $15,000 |
| BRENNAN CENTER FOR JUSTICE 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
From 2024 IRS filing
From 2024 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?
**Grant Activity (2024):** • Number of grants: 43 • Total distributed: Approximately $2.7 million • Grant range: $15,000 median to $400,000 maximum **Recent Notable Grants (2024):** • Planned Parenthood Federation of America: $400,000 • Center for Reproductive Rights: $300,000 • New York University: $150,000 • Smithsonian Institution: (amount not specified) **Application Process:** The foundation does not maintain a website and keeps a low public profile. Prospective grantees are advised to con…
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.
Explore Open Grants
Browse active grant opportunities in The Rice Family Foundation's focus areas in our free grants database
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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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