The Rice Family Foundation
The Rice Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.9M in total assets. In 2024, it awarded 4 grants totaling $455K. Net investment income was $463K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.9M
+9.2% YoY
Annual Giving
$455K
+0.0% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$114K
+0.0% YoY
Under IRS private-foundation payout rules, The Rice Family Foundation reported a distributable amount of $569K for 2024 — the minimum it must pay out in qualifying distributions.
About The Rice Family Foundation
Based on IRS filings
The Rice Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.9M in total assets. In 2024, it awarded 4 grants totaling $455K. Net investment income was $463K.
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 | $10,879,591 | $9,961,741 | $7,639,576 |
| Revenue | $1,442,128 | $2,791,105 | $61,555 |
| Expenses | $524,822 | $470,666 | $474,759 |
| Qualifying Distributions | $455,000 | $455,250 | $470,250 |
| Net Investment Income | $463,068 | $1,935,276 | $292,662 |
| Distributable Amount | $568,706 | $435,579 | $454,712 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New York City Ballet Inc ($155,000), Marine Corps Scholarship Foundation Inc ($100,000), Spirit of America ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MARINE CORPS SCHOLARSHIP FOUNDATION INC ALEXANDRIA, VA | GENERAL SUPPORT | $100,000 |
| NEW YORK CITY BALLET INC NEW YORK, NY | GENERAL SUPPORT | $155,000 |
| SPIRIT OF AMERICA ARLINGTON, VA | GENERAL SUPPORT | $100,000 |
| THE NEW SCHOOL NEW YORK, NY | GENERAL SUPPORT | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANCI J BLASSBERG | TREASURER | 1 | — |
| JOSEPH L RICE | PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Rice Family Foundation?
The Rice Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $10.9M in total assets as of 2024.
How large is The Rice Family Foundation?
As of 2024, The Rice Family Foundation holds $10.9M in total assets with $1.4M in annual revenue. It awarded 4 grants totaling $455K in 2024.
Where does The Rice Family Foundation operate?
The Rice Family Foundation has awarded grants in New York, Virginia.
What size grants does The Rice Family Foundation award?
In 2024, The Rice Family Foundation awarded 4 grants totaling $455K — an average of about $114K 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 $569K 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 13-7152866. 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 April 2026. Sourced from IRS Form 990-PF filings.