Texas Rice Research Foundation

Organization Overview

Texas Rice Research Foundation is located in Katy, TX. The organization was established in 1982. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Rice Research Foundation is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 07/2022, Texas Rice Research Foundation generated $708.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $1.2m during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

DIRECT FUNDS FOR PROGRAMS OF RICE RESEARCH PRIMARILY AT THE TEXAS AGRICULTURAL EXPERIMENT STATION, AND DISSEMINATING INFORMATION OBTAINED FROM RESEARCH TO RICE PRODUCERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM SERVICE GRANTS ARE PROVIDED TO RESEARCHERS AT THE TEXAS EXTENSION SERVICE THROUGH TEXAS A&M UNIVERSITY IN VARYING AMOUNTS FOR RESEARCH ON ALL FACTORS AFFECTING THE PRODUCTION OF RICE.


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Board, Officers & Key Employees

Name (title)Compensation
Rhett Turner
Secretary
$0
Rodney Mowrey
Director
$0
Galen Franz
Chairman
$0
Arthur Anderson
Director
$0
Daniel Berglund
Director
$0
Barrett Franz
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$707,926
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$707,926
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $708,943

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