Dianne T And Charles E Rice Family Foundation Inc
- Assets
- $0.0
- Revenue
- $3.6m
- Investments
- $19.7m
- Employees
- 0
- Location
- Miami, FL
- Founding
- 03/2002
- Data as of
- 12/2021
- EIN
- 59-3701678
Organization Overview
Dianne T And Charles E Rice Family Foundation Inc is located in Miami, FL. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Dianne T And Charles E Rice Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Dianne T And Charles E Rice Family Foundation Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 3 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.
Since 2020, Dianne T And Charles E Rice Family Foundation Inc has awarded 34 individual grants totaling $2,709,911. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Celeste Rice Donovan Ceo/director | 20 | $135,000 | |
Dianne T Rice Director | 1 | $0 | |
C Daniel Rice Director | 1 | $0 | |
Julie F Rice Director | 1 | $0 | |
Thomas Mitchell Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,276,735 |
| Interest on Savings | $0 |
| Dividends & Interest | $261,715 |
| Profit on Inventory Sales | $0 |
| Other Income | $75,927 |
| Total Revenue | $3,624,021 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $135,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $316,339 |
| Contributions, gifts, grants paid | $828,032 |
| Total expenses and disbursements | $1,144,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $1,230,376 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Dianne T And Charles E Rice Family Foundation Inc has awarded $1,082,633 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BOLLES SCHOOL PURPOSE: GENERAL EXEMPT PURPOSE | $325,000 |
EARLY LEARNING COALITION PURPOSE: GENERAL EXEMPT PURPOSE | $18,400 |
CITY YEAR JACKSONVILLE PURPOSE: GENERAL EXEMPT PURPOSE | $100,000 |
EMPOWERMENT RESOURCES INC PURPOSE: GENERAL EXEMPT PURPOSE | $23,500 |
GUARDIAN CATHOLIC SCHOOL PURPOSE: GENERAL EXEMPT PURPOSE | $65,000 |
JACKSONVILLE CHILDREN'S CHORUS PURPOSE: GENERAL EXEMPT PURPOSE | $10,000 |