The Rice Foundation Inc
- Assets
- $0.0
- Revenue
- $160.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Roanoke, VA
- Founding
- Data as of
- 12/2018
- EIN
- 54-1249423
Organization Overview
The Rice Foundation Inc is located in Roanoke, VA.
For the year ending 12/2018, Rice Foundation Inc generated $160.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $168.4k during the year ending 12/2018. While expenses have increased by 10.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bittle W Porterfield III Pres/tres | 0 | $0 | |
Charlotte K Porterfield Vp/sec | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $156,447 |
| Interest on Savings | $0 |
| Dividends & Interest | $24 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,824 |
| Capital Gain Net Income | $133,338 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $160,295 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,947 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $95 |
| Total operating and administrative expenses | $4,779 |
| Contributions, gifts, grants paid | $163,652 |
| Total expenses and disbursements | $168,431 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Rice Foundation Inc has awarded $163,652 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: DONATION | $5,000 |
BATH COUNTY CHRISTMAS MOTHER PURPOSE: DONATION | $150 |
BATH COUNTY ARTS ASSOCIATION PURPOSE: DONATION | $100 |
TAUBMAN MUSEUM OF ART PURPOSE: DONATION | $41,500 |
ST JOHN'S EPISCOPAL CHURCH PURPOSE: DONATION | $15,632 |
UNITED WAY OF ROANOKE VALLEY PURPOSE: DONATION | $10,000 |