Tr Ua Albert W Rice Char
The Albert W. Rice Charitable Foundation is a private foundation based in Dallas, Texas, established in 1959. Operating as a 501(c)(3) organization since May 1968, the foundation supports educational, health, and human services programming for underserved populations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.1M
+3.8% YoY
Annual Giving
$320K
-4.5% YoY
Grant Count
26
+18.2% YoY
Avg Grant Size
$12K
-19.2% YoY
Mission & Focus Areas
The foundation supports and promotes quality educational, human services, and health care programming for underserved populations. Special consideration is given to charitable organizations that serve the people of Worcester, Massachusetts, and surrounding communities.
Primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Housing
- Women's Shelters
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Massachusetts, with special emphasis on Worcester, Massachusetts, and surrounding communities.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $7,107,475
- Total Giving: $320,000
- Revenue: $715,905
- Expenses: $447,484
- Net Income: $268,421
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,107,475 | $6,846,403 | $7,068,410 |
| Revenue | $715,905 | $223,278 | $-203,343 |
| Expenses | $447,484 | $442,750 | $510,827 |
| Qualifying Distributions | $376,317 | $385,567 | $422,022 |
| Net Investment Income | $644,362 | $149,542 | $88,096 |
| Distributable Amount | $405,680 | $373,156 | $385,004 |
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
121 grants across all recorded years
Open Grants
1 open opportunity from Tr Ua Albert W Rice Char
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $87,051 |
Contact Information
Mailing Address: PO Box 653067 Dallas, TX 75265-3067
Phone: 888-866-3275
Website: www.bankofamerica.com/philanthropic/foundation
EIN: 04-6028085
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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