Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE DIANNE & CHARLES RICE FAMILY FDN
 
Number and street (or P.O. box number if mail is not delivered to street address)CO BESSEMER TRUST 801 BRICKELL AV
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MIAMI, FL33131
A Employer identification number

59-3701678
B Telephone number (see instructions)

(305) 372-5005
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$22,645,199J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 1,213,305
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,899 2,899  
4 Dividends and interest from securities... 141,079 141,079  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 859,340
b Gross sales price for all assets on line 6a 4,586,615
7 Capital gain net income (from Part IV, line 2)... 859,340
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 848,340 7,375  
12 Total. Add lines 1 through 11........ 3,064,963 1,010,693  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 135,000 0   135,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,379 0   1,379
c Other professional fees (attach schedule).... Click to see attachment 18,827 14,227   4,600
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 37,527 22,385   61
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 133,006 100,889   24,385
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 325,739 137,501   165,425
25 Contributions, gifts, grants paid....... 799,246 799,246
26 Total expenses and disbursements. Add lines 24 and 25 1,124,985 137,501   964,671
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,939,978
b Net investment income (if negative, enter -0-) 873,192
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 2,077,302 1,693,435 1,693,435
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 8,244,452 Click to see attachment11,935,371 15,858,045
c Investments—corporate bonds (attach schedule)....... 2,981,463 Click to see attachment4,718,959 4,835,566
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment4,386,677 Click to see attachment1,282,107 Click to see attachment258,153
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 17,689,894 19,629,872 22,645,199
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 17,689,894 19,629,872
29 Total net assets or fund balances (see instructions)..... 17,689,894 19,629,872
30 Total liabilities and net assets/fund balances (see instructions). 17,689,894 19,629,872
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
17,689,894
2
Enter amount from Part I, line 27a .....................
2
1,939,978
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
19,629,872
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
19,629,872
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b PUBLICLY TRADED SECURITIES P    
c PUBLICLY TRADED SECURITIES P    
d PUBLICLY TRADED SECURITIES P    
e PARTNERSHIP RECEIPTS P    
PARTNERSHIP GAINS- ST P    
PARTNERSHIP GAINS- LT P    
PARTNERSHIP 1231 GAINS P    
LITIGATION P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 340,418   361,582 -21,164
b 31,079   32,399 -1,320
c 2,029,596   2,042,484 -12,888
d 340,300   381,314 -41,014
e 909,496   909,496 0
6,392     6,392
688,933     688,933
17,910     17,910
763     763
221,728     221,728
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -21,164
b       -1,320
c       -12,888
d       -41,014
e       0
      6,392
      688,933
      17,910
      763
      221,728
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 859,340
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 12,137
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 12,137
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 12,137
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,135
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 19,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 22,635
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 10,498
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet10,498 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletBESSEMER TRUST Telephone no.bullet (516) 508-9623

    Located atbullet1271 AVENUE OF THE AMERICAS 42 FLNEW YORKNY ZIP+4bullet10020
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CELESTE RICE DONOVAN CEO/DIRECTOR
    20.00     		135,000 0 0
    C/O BESSEMER TR801 BRICKELL AVE
    MIAMI,FL33131
    DIANNE T RICE DIRECTOR
    1.00     		0 0 0
    C/O BESSEMER TR801 BRICKELL AVE
    MIAMI,FL33131
    C DANIEL RICE DIRECTOR
    1.00     		0 0 0
    C/O BESSEMER TR801 BRICKELL AVE
    MIAMI,FL33131
    JULIE F RICE DIRECTOR
    1.00     		0 0 0
    C/O BESSEMER TR801 BRICKELL AVE
    MIAMI,FL33131
    THOMAS MITCHELL DIRECTOR
    1.00     		0 0 0
    C/O BESSEMER TR801 BRICKELL AVE
    MIAMI,FL33131
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    19,155,720
    b
    Average of monthly cash balances.......................
    1b
    1,121,103
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    20,276,823
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    20,276,823
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    304,152
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    19,972,671
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    998,634
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    998,634
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    12,137
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    3,955
    c
    Add lines 2a and 2b............................
    2c
    16,092
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    982,542
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    982,542
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    982,542
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    964,671
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    964,671
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    964,671
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 982,542
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 901,351
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 964,671
    a Applied to 2019, but not more than line 2a 901,351
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 63,320
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		919,222
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    THE RICE FAMILY FOUNDATION INC CO C
    BESSEMER TR 801 BRICKELL AVENUE
    MIAMI,FL33131
    (305) 372-5005
    bThe form in which applications should be submitted and information and materials they should include:
    THE FOUNDATION HAS NO FORMAL APPLICATION FORM. THE APPLICATION SHOULD INCLUDE THE FOLLOWING AS STATED IN THE ATTACHED.
    cAny submission deadlines:
    PROPOSALS ARE DUE FEB 1 FOR CONSIDERATION AT THE SPRING BOARD MEETING. PROPOSALS ARE DUE AUG 1 FOR C
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE ATTACHED ON GRANT RESTRICTIONS.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BOLLES SCHOOL
    7400 SAN JOSE BLVD
    JACKSONVILLE,FL32217     		NONE EXEMPT GENERAL EXEMPT PURPOSE 96,608
    CATHEDRAL ARTS PROJECT INC
    207 N LAURA STREET SUITE 300
    JACKSONVILLE,FL32202     		NONE EXEMPT GENERAL EXEMPT PURPOSE 50,000
    CITY YEAR JACKSONVILLE
    6 EAST BAY STREET 2ND FLOOR
    JACKSONVILLE,FL32202     		NONE EXEMPT GENERAL EXEMPT PURPOSE 100,000
    EARLY LEARNING COALITION
    2639 NORTH MONROE STREET BLDG C
    TALLAHASSEE,FL32303     		NONE EXEMPT GENERAL EXEMPT PURPOSE 102,000
    EMPOWERMENT RESOURCES INC
    3832-010 BAYMEADOWS ROAD RM/STE 348
    JACKSONVILLE,FL32217     		NONE EXEMPT GENERAL EXEMPT PURPOSE 20,000
    GUARDIAN CATHOLIC SCHOOL
    4920 BRENTWOOD AVE
    JACKSONVILLE,FL32206     		NONE EXEMPT GENERAL EXEMPT PURPOSE 50,000
    JACKSONVILLE CHILDREN'S CHORUS
    225 E DUVAL ST
    JACKSONVILLE,FL32202     		NONE EXEMPT GENERAL EXEMPT PURPOSE 10,000
    JACKSONVILLE PUBLIC EDUCATION FUND
    245 RIVERSIDE AVENUE
    JACKSONVILLE,FL32202     		NONE EXEMPT GENERAL EXEMPT PURPOSE 75,000
    MORNING STAR SCHOOL OF JACKSONVILLE
    725 MICKLER ROAD
    JACKSONVILLE,FL32211     		NONE EXEMPT GENERAL EXEMPT PURPOSE 50,000
    RISE UP
    9485 REGENCY SQUARE BLVD SUITE 110
    JACKSONVILLE,FL32225     		NONE EXEMPT GENERAL EXEMPT PURPOSE 5,000
    ROLLINS COLLEGE
    PO BOX 864168
    ORLANDO,FL328864168     		NONE EXEMPT GENERAL EXEMPT PURPOSE 225,000
    SHEPARD'S HOPE
    455 9TH STREET
    WINTER GARDEN,FL34787     		NONE EXEMPT GENERAL EXEMPT PURPOSE 2,925
    THE CUMMER MUSEUM OF ART
    829 RIVERSIDE AVE
    JACKSONVILLE,FL32204     		NONE EXEMPT GENERAL EXEMPT PURPOSE 12,713
    Total .................................bullet 3a 799,246
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 2,899  
    4 Dividends and interest from securities....     14 141,079  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 848,340  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 859,340  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,851,658 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,851,658
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    THE DIANNE & CHARLES RICE FAMILY FDN
     
    Employer identification number

    59-3701678
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE DIANNE & CHARLES RICE FAMILY FDN
          		Employer identification number
    59-3701678
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    CHARLES E RICE CLUT
     
    C/O BESSEMER TRUST CO 100 WOODBRIDG
     
    WOODBRIDGE, NJ07095

    		$ 709,712


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    DIANNE T RICE CLAT
     
    C/O BESSEMER TRUST CO 100 WOODBRIDG
     
    WOODBRIDGE, NJ07095

    		$ 276,072


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    DIANNE T RICE CLUT
     
    C/O BESSEMER TRUST CO 100 WOODBRIDG
     
    WOODBRIDGE, NJ07095

    		$ 227,521


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THE DIANNE & CHARLES RICE FAMILY FDN
          		Employer identification number

    59-3701678
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE DIANNE & CHARLES RICE FAMILY FDN
          		Employer identification number

    59-3701678
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    THE DIANNE & CHARLES RICE FAMILY FDN
    EIN:
    59-3701678
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL ACCOUNTING FEES 1,379 0   1,379

    TY 2020 GeneralExplanationAttachment
    Name:
    THE DIANNE & CHARLES RICE FAMILY FDN
    EIN:
    59-3701678
    Identifier Return Reference Explanation
    GRANT APPLICATION GUIDELINES PART XV, LINES 2A THROUGH 2D THE FOUNDATION HAS NO FORMAL APPLICATION FORM. THE APPLICATION SHOULD INCLUDE THE FOLLOWING: 1. THE PURPOSE AND HISTORY OF THE ORGANIZATION, WHAT YOU ARE TRYING TO ACCOMPLISH AND HAT ORGANIZATIONS YOUR PARTNER WITH TO DO YOUR WORK.2. THE SPECIFIC PROJECT TO BE FUNDED3.THE PROBLEM, NEED OR ISSUE TO BE ADDRESSED BY THE PROJECT, AND THE OUTCOMES EXPECTED.4. THE POPULATION TO BE BENEFITED5. THE AMOUNT REQUETSED.6.THE BACKGROUND AND RESEARCH THAT HAVE LED TO THE DEVELOPMENT OF THE PROPOSAL.7. THE SPECIFIC GOALS AND OBJECTIVES TO BE ACHIEVED AND THE APPROACH AND METHODS TO BE USED.8. A DETAILED PROJECT BUDGET AND TIMELINE, INCLUDING NARRATIVE WHERE APPROPRIATE.9. OTHER SOURCES OF EXPECTED FUNDING AND PLAN FOR FOLLOW-UP FUNDING.10. AN EVALUATION PLAN. WHAT OUTCOMES DO YOU HOPE TO ACHIEVE WITH THE HELP OF THIS GRANT? HOW WILL YOU MEASURE THEM? HOW WILL YOU REPORT RESULTS ACHIEVED?11. THE NAMES, QUALIFICATIONS AND EXPERIENCE OF THE KEY PERSONNEL WHO WILL BE RESPONSIBLE FOR THE PROGRAM. 12. A COPY OF THE ORGANIZATION'S MOST RECENT AUDITED FINANCIAL STATEMENTS, AND MOST RECENT IRS FORM 990 OR 990EZ. 13. A COPY OF THE CURRENT OPERATING BUDGET.14. IF APPLICABLE, A COPY OF THE IRS DOCUMENTS CONFIRMING THE ORGANIZATION'S STATUS A TAX-EXMEPT PURSUANT TO SECTION 501(C)(3).15. A LIST OF YOUR ORGANIZATION'S BOARD OF DIRECTORS AND THEIR COMMUNITY AND PROFESSIONAL AFFILIATIONS.16. ANY RECENT PRINTED MATERIALS, INCLUDING ANNUAL REPORT, MEDIA CLIPPINGS, ETC.
    GRANT RESTRICTIONS PART XV, LINES 2A THROUGH 2D IN GENERAL, THE FOUNDATION DOES NOT MAKE GRANTS TO ENDOWMENTS, INDIVIDUALS, FUND RAISING EVENTS, LEGISLATIVE INITIATIVES OR FOR ERADICATION OF DEFICITS OR LOANS. CAPITAL CAMPAIGN REQUESTS WILL BE CONSIDERED ON A VERY LIMITED BASIS. ALL INQUIRIES WILL BE CONSIDERED IN THE CONTEXT OF THE FOUNDATION'S FUNDING PRIORITIES, ITS AVAILABLE RESOURCES, EXISTING COMMITMENTS AND THE STRENGTH OF THE PROPOSED PROJECT OR PROGRAM. IN CASE A GRANT REQUEST IS DENIED, REAPPLICATION ON THE SAME GRANT REQUEST WILL NOT LIKELY BE CONSIDERED WITHIN THE SAME FISCAL YEAR. HOWEVER, DENIAL OF A GRANT REQUEST DOES NOT PROHIBIT THE SUBMISSION OF OTHER REQUESTS ON DIFFERENT PROJECTS OR ON OTHER SUBJECTS WITHIN THE SAME OR LATER FISCAL YEARS. THE FOUNDATION SUPPORTS CHALLENEGE OR MATHCHING GRANTS. THERE ARE NO DISCRETIONARY GRANTS BY INDIVIDUAL BOARD MEMBERS. UNFORTUNATLY, THE FOUNDATION CANNOT SUPPORT MANY OF THE WORTHWHILE AGENCIES SEEKING ASSISTANCE EACH YEAR, EVEN WHEN THE PROPOSED ACTIVITIES ARE WITHIN THE SPECIFIED GUIDELINES.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE DIANNE & CHARLES RICE FAMILY FDN
    EIN:
    59-3701678
    Name of Bond End of Year Book Value End of Year Fair Market Value
    89147.24 OW FIXED INCOME FUND 1,006,583 1,034,107
    327712.00 OW FIXED INCOME FUND 3,712,376 3,801,459

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE DIANNE & CHARLES RICE FAMILY FDN
    EIN:
    59-3701678
    Name of Stock End of Year Book Value End of Year Fair Market Value
    39949.27 OW ALL CAP CORE FD 607,504 880,881
    18186.54 OW CREDIT INCOME FUND 181,865 185,684
    80968.38 OW LARGE CAP STRATEGIES FD 1,060,345 1,387,798
    27128.24 OW SMALL & MIDCAP STRAT FD 383,037 499,702
    470.00 TENCENT HOLDINGS LTD 20,164 34,179
    53.00 ALPHABET INC CLASS C 45,305 92,849
    260.00 FACEBOOK INC-A 43,983 71,021
    140.00 SEA LTD ADR 6,212 27,867
    91.00 MATCH GROUP INC 8,450 13,758
    75.00 CHARTER COMMUNICATIONS INC 36,657 49,616
    45.00 LVMH MOET HENNESSY VUITTON 18,732 28,211
    360.00 NIKE INC CL B 22,460 50,929
    90.00 ADVANCE AUTO PARTS 8,145 14,175
    240.00 ROSS STORES INC 23,838 29,474
    250.00 HILTON WORLDWIDE HOLDINGS 26,218 27,815
    55.00 BURLINGTON STORES INC 8,391 14,385
    370.00 DOLLARAMA INC 10,800 15,060
    140.00 WYNDHAM HOTELS & RESORTS 4,150 8,321
    115.00 ALIBABA GROUP HOLDINGS LTD 12,037 26,763
    27.00 AMAZON.COM INC 26,705 87,937
    65.00 HOME DEPOT 9,325 17,265
    260.00 US FOODS HOLDING CORP 6,758 8,660
    265.00 PEPSICO INC 27,509 39,299
    53177.35 OW CREDIT INCOME FUND 531,773 542,940
    100.00 PIONEER NATURAL RESOURCES 17,351 11,389
    575.00 CONOCOPHILLIPS 28,967 22,994
    1500.00 BANK OF AMERICA CORP 43,341 45,465
    95.00 NASDAQ INC. 9,548 12,610
    50.00 S&P GLOBAL INC. 12,894 16,436
    33.00 BLACKROCK INC 16,928 23,810
    360.00 SCHWAB CHARLES CORP NEW 17,763 19,094
    80.00 AON PLC 16,642 16,901
    430.00 BLACKSTONE GROUP INC 24,869 27,868
    125.00 CHUBB LIMITED 10,071 19,240
    450.00 CITIGROUP INC 17,943 27,747
    15.00 WEST PHARMACEUTICAL SVC 2,367 4,249
    95.00 THERMO FISHER SCIENTIFIC 7,822 44,249
    55.00 LAB CORP OF AMER HLDGS NEW 6,659 11,195
    195.00 DANAHER CORP 16,592 43,317
    35.00 TELEFLEX INC 10,993 14,404
    45.00 COOPER COS INC 13,053 16,349
    65.00 STERIS PLC 9,416 12,320
    280.00 IQVIA HOLDINGS INC 40,997 50,167
    205.00 ZOETIS INC 14,410 33,927
    125.00 UNITEDHEALTH GROUP INC 31,968 43,835
    552.70 5TH AVE MUL-STRAT OFF S1 1,200,665 1,526,531
    30.00 IDEX CORP 4,353 5,976
    1435.00 RENTOKIL INITIAL PLC 6,832 9,983
    180.00 SMITH A O CORP 6,658 9,867
    30.00 L3 HARRIS TECHNOLOGIES INC 5,579 5,670
    65.00 CINTAS CORP 10,667 22,974
    270.00 UNION PACIFIC CORP 45,443 56,219
    225.00 IAA INC 6,114 14,620
    190.00 SAFRAN SA 24,592 27,033
    340.00 FORTIVE CO 17,735 24,078
    40.00 VERISK ANALYTICS INC-CL A 5,895 8,303
    75.00 EQUIFAX INC 8,714 14,463
    95.00 DOVER CORP 8,032 11,993
    80.00 CMC MATERIALS INC 8,742 12,104
    310.00 FIDELITY NATL INFO SVCS 29,834 43,852
    395.00 VISA INC 45,984 86,398
    135.00 SS&C TECHNOLOGIES HOLDINGS 8,283 9,821
    55.00 SERVICENOW INC 13,429 30,273
    16.00 PAYCOM SOFTWARE INC 5,266 7,236
    75.00 CDW CORP/DE 6,990 9,884
    70.00 WEX INC 8,043 14,247
    190.00 AMPHENOL CORP 17,301 24,846
    305.00 TEXAS INSTRUMENTS INC 31,201 50,059
    40.00 NICE LTD ADR 6,275 11,341
    30.00 ASML HOLDING 13,454 14,635
    740.00 APPLE INC 19,845 98,190
    70.00 ADOBE INC 28,218 35,008
    35.00 ASPEN TECHNOLOGY 4,485 4,558
    35.00 ANSYS INC 8,024 12,733
    620.00 MICROSOFT CORP 48,744 137,900
    70.00 SYNOPSYS INC 9,114 18,146
    212957.63 OW LARGE CAP STRATEGIES FD 2,455,780 3,650,093
    120.00 AIR PRODUCTS & CHEMICALS 29,818 32,786
    70.00 APTARGROUP INC 6,889 9,582
    717078.29 5TH AVE PRIV EQUITY 10 782,514 223,248
    476999.73 5TH AVE PRIV EQUITY 9 118,223 163,814
    355160.12 5TH AVE PRIV EQUITY 14 T3 331,993 419,400
    487859.79 5TH AVE PRIV EQUITY 11 305,570 504,794
    683851.17 5TH AVE PRIV EQUITY 13 T3 634,657 952,580
    141580.48 5TH AVE PRIV EQUITY 15 T3 132,837 154,070
    455986.31 5TH AVE PRIV EQUITY 12 387,378 501,758
    443003.19 5TH AVE REAL ASSETS 2 228,577 303,547
    304655.08 5TH AVE REAL ASSETS 3 T3 303,989 287,254
    130984.81 5TH AVE REAL ASSETS 4 T3 53,956 136,147
    140.00 AMERICAN TOWER CORP 25,330 31,424
    77114.39 OW SMALL & MIDCAP STRAT FD 950,673 1,420,447
    245.00 AMEREN CORP 16,167 19,124
    110.00 AMERICAN WATER WORKS CO 5,552 16,881

    TY 2020 OtherAssetsSchedule
    Name:
    THE DIANNE & CHARLES RICE FAMILY FDN
    EIN:
    59-3701678
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    BEGINNING BALANCE 4,386,677    
    LGB II A   0 0
    LGB II A AIV (US)   0 0
    LG III LP   1,433 243
    LG III CR AIV LP   24,819 2,909
    LGB II A CR LP   0 0
    LG III REIT AIV LP   0 0
    LG III FORM ENERGY   66 66
    LGB II AIV BLOCKERS   0 0
    LGB III AIV BLOCKERS   0 12,704
    LG III AIB DT BLOCKER   0 3,610
    LG III ASPHALT (DOMESTIC) BLOCKER LLC   584 3,132
    LLR EQUITY III   653,998 116,829
    TIFF PEP 2005   601,207 118,660


    TY 2020 OtherExpensesSchedule
    Name:
    THE DIANNE & CHARLES RICE FAMILY FDN
    EIN:
    59-3701678
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL EXPENSES 10,328 0   10,328
    CONSULTING FEES 8,237 0   8,237
    OTHER EXPENSES - TRAVEL AND OFFICER EXPENSES 5,789 0   5,789
    ADR 7 7   0
    PARTNERSHIP CHARITY 31 0   31
    PARTNERSHIP INVESTMENT INTEREST 4,573 4,573   0
    PARTNERSHIP MISCELLANEOUS INVESTMENT EXPENSES 96,309 96,309   0
    PARTNERSHIP NONDEDUCTIBLE 237 0   0
    TRANSFER TO 72H208 7,495 0   0


    TY 2020 OtherIncomeSchedule2
    Name:
    THE DIANNE & CHARLES RICE FAMILY FDN
    EIN:
    59-3701678
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP INTEREST 7,932 7,932 7,932
    PARTNERSHIP DIVIDENDS 17,014 17,014 17,014
    PARTNERSHIP NET ROYALTIES 2,582 2,582 2,582
    PASSIVE INCOME -17,910 -17,910 -17,910
    PARTNERSHIP RECEIPTS- BESSEMER 840,965 0 840,965
    PARTNERSHIP- NONPASSIVE INCOME -2,243 -2,243 -2,243
    OTHER INCOME 0 0 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE DIANNE & CHARLES RICE FAMILY FDN
    EIN:
    59-3701678
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT SERVICE FEES 14,227 14,227   0
    FINANCIAL SERVICE FEES 4,600 0   4,600


    TY 2020 TaxesSchedule
    Name:
    THE DIANNE & CHARLES RICE FAMILY FDN
    EIN:
    59-3701678
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    2019 BALANCE DUE EXT WITH FORM 990-PF 12,000 0   0
    2020 4TH QUARTER ESTIMATE 990-T 19,500 19,500   0
    2019 BALANCE DUE EXT WITH FORM 990-T 3,000 0   0
    FLORIDA ANNUAL REPORT 61 0   61
    STATE TAX WH ON LP FARA 2 1,332 1,332   0
    STATE TAX WH ON LP FAPE 9 5 5   0
    STATE TAX WH ON LP FAPE 10 149 149   0
    STATE TAX WH ON LP FAPE 12 285 285   0
    FOREIGN TAXES PAID 36 36   0
    FOREIGN TAXES IN EXCESS OF WH 81 0   0
    FOREIGN TAXES PAID VIA PARTNERSHIPS 1,078 1,078   0