Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
Rice Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)8600 Gross Point Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Skokie, IL60077
A Employer identification number

36-6043160
B Telephone number (see instructions)

(847) 581-9999
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$79,922,508J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 206,238 206,238 206,238
4 Dividends and interest from securities... 1,513,852 1,513,852 1,513,852
5a Gross rents............ 268,481 268,481 268,481
b Net rental income or (loss) 159,222
6a Net gain or (loss) from sale of assets not on line 10 1,207,142
b Gross sales price for all assets on line 6a 15,080,832
7 Capital gain net income (from Part IV, line 2)... 1,207,142
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
List of Attached Documents:
// Content
1,544,909 1,544,909  
12 Total. Add lines 1 through 11........ 4,740,622 4,740,622 1,988,571
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 281,563 112,625   168,937
14 Other employee salaries and wages...... 108,150     108,150
15 Pension plans, employee benefits....... 77,493 18,598   58,894
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
45,480 32,865   12,615
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
336,687 336,687    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
45,577 45,577    
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
66,399 22,851  
20 Occupancy.............. 94,324 23,581   70,743
21 Travel, conferences, and meetings....... 2,216 554   1,662
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
115,868 96,688   19,181
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,173,757 690,026   440,182
25 Contributions, gifts, grants paid....... 3,678,000 3,678,000
26 Total expenses and disbursements. Add lines 24 and 25 4,851,757 690,026   4,118,182
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -111,135
b Net investment income (if negative, enter -0-) 4,050,596
c Adjusted net income (if negative, enter -0-)... 1,988,571
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 966,950 495,961 495,961
2 Savings and temporary cash investments......... 1,196,820 1,516,921 1,516,921
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
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)....... 48,982,471 Click to see attachment
List of Attached Documents:
// Content
49,721,809 		65,384,498
c Investments—corporate bonds (attach schedule)....... 1,025,000 Click to see attachment
List of Attached Documents:
// Content
1,025,000 		1,149,000
11 Investments—land, buildings, and equipment: basis right arrow7,531,030
Less: accumulated depreciation (attach schedule) right arrow   7,531,030 Click to see attachment
List of Attached Documents:
// Content
7,531,030 		8,997,931
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,332,541 Click to see attachment
List of Attached Documents:
// Content
5,332,541 		1,063,308
14 Land, buildings, and equipment: basis right arrow2,048,726
Less: accumulated depreciation (attach schedule) right arrow1,820,575 268,494 Click to see attachment
List of Attached Documents:
// Content
228,151 		228,151
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
970,841 		Click to see attachment
List of Attached Documents:
// Content
1,086,738 		Click to see attachment
List of Attached Documents:
// Content
1,086,738
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 67,274,147 66,938,151 79,922,508
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 right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 67,274,147 66,938,151
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 67,274,147 66,938,151
30 Total liabilities and net assets/fund balances (see instructions). 67,274,147 66,938,151
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
67,274,147
2
Enter amount from Part I, line 27a .....................
2
-111,135
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
67,163,012
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
224,861
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
66,938,151
Form 990-PF (2023)
Form 990-PF (2023)
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 SKYBRIDGE MULTI-ADVISER HEDGE P 2018-12-01 2023-09-30
b MS #050304 L/T Covered P 2022-01-01 2023-12-31
c MS #050312 S/T Covered P 2023-01-01 2023-12-31
d MS #050312 L/T Covered P 2022-01-01 2023-12-31
e MS #050313 S/T Covered P 2023-01-01 2023-12-31
MS #050312 L/T Covered P 2022-01-01 2023-12-31
2 HP LASERJET 2420 P 2005-01-01 2023-12-31
HP WORKSTATION & ACCESS P 2012-08-21 2023-12-31
Capital Gain Dividends      
(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 123,082   198,528 -75,446
b 972,360   1,000,000 -27,640
c 96,433   95,675 758
d 4,298,058   4,416,043 -117,985
e 1,127,408   1,383,033 -255,625
8,319,421   6,780,411 1,539,010
  1,333 1,333  
  5,290 5,290  
      144,070
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       -75,446
b       -27,640
c       758
d       -117,985
e       -255,625
      1,539,010
       
       
       
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 1,207,142
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 -254,867
Part V
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 right arrow 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) 1 56,303
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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  
3 Add lines 1 and 2........................... 3 56,303
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 56,303
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 57,935
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 60,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 117,935
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 148
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 61,484
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow61,484 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-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. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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:
round bullet By language in the governing instrument, or
round bullet 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
Yes
 
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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIL
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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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
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 addressright arrowN/A
14
The books are in care ofright arrowThe Rice Foundation Telephone no.right arrow (847) 581-9999

Located atright arrow8600 Gross Point RdSkokieIL ZIP+4right arrow600772151
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2023? .............
1d
 
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
Peter Nolan President
60.00 		281,563 46,496  
8600 Gross Point Road
Skokie,IL60077
Richard T Schroeder Treasurer
0.00 		0    
8600 Gross Point Road
Skokie,IL60077
Christine Nolan Vice President
40.00 		108,150 30,996  
8600 Gross Point Road
Skokie,IL60077
Barbara Whitney Carr Director
0.00 		0    
8600 Gross Point Road
Skokie,IL60077
Marshall Field V Director
0.00 		0    
8600 Gross Point Road
Skokie,IL60077
Robin Nolan Director
0.00 		0    
8600 Gross Point Road
Skokie,IL60077
David J Winchester MD Director
0.00 		0    
8600 Gross Point Road
Skokie,IL60077
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...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
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
JP Morgan Brokerage Services Investment & Broker 334,191
3 First National Plaza - Ste 5100
Chicago,IL60602
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-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 No direct charitable activity.Activities were limited to making grants. 0
2  
3  
4  
Part VIII-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.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
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
64,052,910
b
Average of monthly cash balances.......................
1b
2,648,202
c
Fair market value of all other assets (see instructions)................
1c
11,341,129
d
Total (add lines 1a, b, and c).........................
1d
78,042,241
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
 
3
Subtract line 2 from line 1d.........................
3
78,042,241
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,170,634
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
76,871,607
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,843,580
Part X
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 IX, line 6..................
1
3,843,580
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
56,303
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
56,303
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,787,277
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
3,787,277
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
3,787,277
Part XI
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
4,118,182
b
Program-related investments—total from Part VIII-B..................
1b
 
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 XII, line 4. .......
4
4,118,182
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 3,787,277
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020...... 433,048
d From 2021...... 512,834
e From 2022...... 2,247,630
f Total of lines 3a through e ........ 3,193,512
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 4,118,182
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 3,787,277
e Remaining amount distributed out of corpus 330,905
5 Excess distributions carryover applied to 2023.    
(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 3,524,417
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		3,524,417
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020.... 433,048
c Excess from 2021.... 512,834
d Excess from 2022.... 2,247,630
e Excess from 2023.... 330,905
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Rice Foundation
8600 Gross Point Road
Skokie,IL60077
(847) 581-9999
bThe form in which applications should be submitted and information and materials they should include:
Applications submitted should include a statement describing the applicant and its activities, the particular purpose of the grant requested, the amount of the grant being requested and a copy of the letter issued to the applicant by the Internal Revenue Service determining that the applicant is exempt from income tax pursuant to the provisions of Section 501(c)(3) of the Internal Revenue Code (The Code).
cAny submission deadlines:
 
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
The Foundation does not award any grants to individuals, but limits its grants to organizations described in Section 501(c)(3) of the Code, and in general to organizations which are classified as non-private foundations.
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
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
ACCESS Community Health Network


600 West Fulton Street 2nd Floor
Chicago,IL60661 		None Exempt Charitable 5,000
Blue Island Citizens for Person-Blu


2155 Broadway
Blue Island,IL60406 		None Exempt Charitable 10,000
By the Hand Club for KidsFormerly K


1000 North Sedgwick
Chicago,IL60610 		None Exempt Charitable 100,000
Canine Therapy Corps


3918 W Fullerton Ave
Chicago,IL60647 		None Exempt Charitable 10,000
Career Transitions Center of Chicag


703 West Monroe Street
Chicago,IL60661 		None Exempt Charitable 10,000
Center of Concern


1665 Elk Boulevard
Des Plaines,IL60016 		None Exempt Charitable 10,000
Children's Oncology Services Inc


213 West Institute Place Suite 511
Chicago,IL60610 		None Exempt Charitable 10,000
Crisis Center for South Suburbia


PO Box 39
Tinley Park,IL60477 		None Exempt Charitable 10,000
Equestrian Connection


600 N Bradley Road
Lake Forest,IL60045 		None Exempt Charitable 50,000
Field Musuem


1400 S Lake Shore Drive
Chicago,IL60614 		None Exempt Charitable 1,100,000
Illinois Conservation Foundation


One Natural Resources Way
Springfield,IL62702 		None Exempt Charitable 85,000
Little Brothers -Friends of the Eld


355 N Ashland Avenue
Chicago,IL60607 		None Exempt Charitable 10,000
Little Sisters of the Poor - St Mar


2325 North Lakewood Avenue
Chicago,IL60614 		None Exempt Charitable 15,000
Lutheran Social Services of Illinoi


1001 East Touhy Avenue Suite 50
Des Plaines,IL60018 		None Exempt Charitable 10,000
Maine Niles Assoc of Special Recrea


6820 West Dempster Street
Morton Grove,IL60053 		None Exempt Charitable 20,000
North Shore Center the Performing A


9501 Skokie Boulevard
Skokie,IL60077 		None Exempt Charitable 100,000
Touched by an Animal


2131 West Berwyn PO Box 59067
Chicago,IL60659 		None Exempt Charitable 50,300
Tuesday's Child CO Gordon Tech HS


3633 North California Avenue
Chicago,IL60618 		None Exempt Charitable 15,000
Tutoring Chicago


2145 North Halsted
Chicago,IL60614 		None Exempt Charitable 15,000
Willow House


300 Saunders Road Suite 300
Riverwoods,IL60015 		None Exempt Charitable 35,000
Chicago Public Library Foundation


20 N Michigan Ave Suite 520
Chicago,IL60602 		None Exempt Charitable 5,000
Housing Opportunities Maintenance


1419 West Carroll - Floor 2
Chicago,IL60607 		None Exempt Charitable 25,000
Lincoln Park Zoo


2001 North Clark Street
Chicago,IL60614 		None Exempt Charitable 100,000
Morton Arboretum


4100 Illinois Route 53
Lisle,IL60532 		None Exempt Charitable 100,000
Chicago Botanic Garden


1000 Lake Cook Road
Glencoe,IL60022 		None Exempt Charitable 100,000
CommunityHealth


2611 West Chicago Avenue
Chicago,IL60622 		None Exempt Charitable 10,000
Ducks Unlimited Inc


925 Hidden Lake Road
Naperville,IL60565 		None Exempt Charitable 100,000
Elyssa's Mission


900 Skokie Blvd Suite 110
Northbook,IL60062 		None Exempt Charitable 10,000
LEAP


180 North Wabash Avenue Suite 604
Chicago,IL60601 		None Exempt Charitable 25,000
Marine Military Academy


320 Iwo Jima Blvd
Harlingen,TX78550 		None Exempt Charitable 300,000
McGaw YMCA


1000 Grove Street
Evanston,IL60201 		None Exempt Charitable 15,000
Midtown Educational Foundation


718 S Loomis Street
Chicago,IL60607 		None Exempt Charitable 20,000
Mobile Care Chicago


239 W Root St
Chicago,IL60609 		None Exempt Charitable 50,000
NorthShore Univer Health System Fnd


1033 University Place Suite 450
Evanston,IL60201 		None Exempt Charitable 250,000
Operation North Pole


50 West Oakton Street
Des Plaines,IL60018 		None Exempt Charitable 80,000
Orchard Village


7660 Gross Point Road
Skokie,IL60077 		None Exempt Charitable 10,000
PAWS Chicago


1997 Clybourn Avenue
Chicago,IL60614 		None Exempt Charitable 10,500
Putnam Christian Church


301 Center Street
Putnam,IL61560 		None Exempt Charitable 200
Ravinia


418 Sheridan Road
Highland Park,IL60035 		None Exempt Charitable 25,000
Rush University Medical Center


1700 West Van Buren St Suite 250
Chicago,IL60612 		None Exempt Charitable 200,000
Second Sense


65 East Wacker Place Suite 1010
Chicago,IL60601 		None Exempt Charitable 5,000
Shore


8350 Laramie Avenue
Skokie,IL60077 		None Exempt Charitable 25,000
Snow City Arts


1653 West Congress Parkway
Chicago,IL60612 		None Exempt Charitable 10,000
The Nature Conservancy


8 S Michigan Avenue Suite 900
Chicago,IL60603 		None Exempt Charitable 50,000
Friends for Therapeutic Equine Acti


PO Box 566
Wayne,IL60184 		None Exempt Charitable 10,000
Sarah's Circle


4838 N Sheridan Road
Chicago,IL60640 		None Exempt Charitable 10,000
Thresholds


4101 North Ravenswood Ave
Chicago,IL60613 		None Exempt Charitable 10,000
Kohl Children's Museum


2100 Patriot Blvd
Glenview,IL60026 		None Exempt Charitable 25,000
100 Club of Chicago


875 N Michigan Ave Suite 1351
Chicago,IL60611 		None Exempt Charitable 10,000
Boulevard The


3456 West Franklin Blvd
Chicago,IL60624 		None Exempt Charitable 14,000
Dental Lifeline Network


PO Box 10342
Peoria,IL61612 		None Exempt Charitable 5,000
Howard Young Foundation


PO Box 470
Woodruff,WI54568 		None EXEMPT Charitable 50,000
Kids Above All


8765 West Higgins Road Suite 450
Chicago,IL60631 		  Exempt Charitable 10,000
DePaul College Prep


3333 N Rockwell St
Chicago,IL60045 		N/A Exempt Charitable 5,000
Oak-Leyden Developmental Services


411 Chicago Ave
Oak Park,IL60302 		N/A Exempt Chatitable 10,000
Camp Manito-wish YMCA


PO Box 246
Boulder Junction,WI54512 		None Exempt Charitable 50,000
Illinois Equine Humane Center


47W635 Beith Rd
Maple Park,IL60151 		  Exempt Charitable 15,000
The Josselyn Center


405 Central Avenue
Northfield,IL60093 		None Exempt Charitable 10,000
Madonna Mission


152 Dewindt Rd 430
Winnetka,IL60093 		None Exempt Charitable 40,000
Stock the Shelves


600 9th St
Wilmette,IL60091 		None Exempt Charitable 5,000
Glen View Club Scholarship Foundati


100 Golf Road
Golf,IL60029 		None Exempt Charitable 38,000
Illinois Fire Chiefs Education and


PO Box 7
Skokie,IL60076 		None Exempt Charitable 60,000
Lemons of Love


433 East Golf Rd
Des Plaines,IL60016 		None Exempt Charitable 5,000
Nourishing Hope


1716 W Hubbard St
Chicago,IL60622 		None Exempt Charitable 10,000
Wisconsin Department of Natural Res


101 S Webster Street
Madison,WI53703 		None Exempt Charitable 50,000
Trilogy


1400 W Greenleaf Ave
Chicago,IL60626 		None Exempt Charitable 40,000
Total .................................right arrow 3a 3,678,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-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 ........... 		        206,238
4 Dividends and interest from securities ....         1,513,852
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....         159,222
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		        1,207,142
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCarlyle Energy (Hedged) 		    15   352
bGSO Credit Alpha Feeder     14   41,945
cMorgan Stanley #050312     14    
dMorgan Stanley #050313 - Santa     14   445
eNet Oil Royalties     15   1,511,624
fPE Premier Blackstone Energy     14   -1,265
gWestminster Fund VI Loss     14   -7,115
hWestminster Fund VII Loss     14   -1,077
12 Subtotal. Add columns (b), (d), and (e) ..     4,631,363
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,631,363
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
3-11 THE AMOUNTS ON LINES 3 - 11 ABOVE REPRESENT INCOME EARNED ON FUNDS WHICH WERE INVESTED TEMPORARILY BY THE FOUNDATION MANAGER.
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID: 23017517
Software Version: 2023v5.1


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting - Audit 13,300 10,640 0 2,660
Accounting - Bookkeeping 19,930 17,937 0 1,993
Accounting- tax 12,250 4,288 0 7,962

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
23017517
Software Version:
2023v5.1
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
RICE BUILDING 1994-01-01 1,248,080 1,181,742 SL 3.18 % 39,621      
RICE BLDG IMPROVEMENTS 1998-01-09 42,211 32,830 SL 3.18 % 1,340      
8446 FAIRVIEW BUILDING 1999-01-01 173,590 148,341 SL 3.64 % 6,312 6,312    
8446 FAIRVIEW BUILDING 2001-01-01 690 539 SL 3.64 % 25 25    
8446 FAIRVIEW - NEW ROOF 2003-01-01 3,527 2,499 SL 3.64 % 128 128    
8447 FAIRVIEW NEW SIDING 2012-05-01 4,329 1,649 SL 3.64 % 157 157    
8468 FAIRVIEW BUILDING 1991-01-01 90,000 88,156 SL 3.03 % 1,690 1,690    
8468 PUMP CHECK VALVE 2004-01-01 1,345 906 SL 3.64 % 49 49    
8468 PRESSURE TANK/PIPING 2010-01-01 2,400 1,088 SL 3.64 % 87 87    
8468 NEW SIDING 2011-01-01 4,672 1,954 SL 3.64 % 170 170    
8468 NEW ROOF 2011-01-01 7,091 2,967 SL 3.64 % 258 258    
8468 NEW SIDING/SOFFIT/FA 2012-08-21 4,914 1,879 SL 3.64 % 179 179    
WOODFORD FARM BUILDING 2005-01-01 275,714 173,235 SL 3.64 % 10,025 10,025    
Woodford - A/C 2013-08-06 2,545 2,422 SL 5.00 % 123 123    
Woodford - Generator 2014-04-01 2,675 2,278 SL 10.00 % 268 268    
Vinyl Flooring 2016-11-08 6,166 5,343 SL 13.33 % 822 822    
8446 Fairview - Flooring 2017-06-13 4,970 3,646 SL 7.5000 663 663    
8446 Fairview - Impr 2017-09-05 17,867 3,440 SL 27.5000 650 650    
Toshiba Copier 2018-12-04 3,600 2,940 SL 5.0000 660      
HP Z4 G4 Workstation 2018-02-13 4,462 4,386 SL 5.0000 76      
Office Boilers 2021-05-04 11,458 1,273 SL 15.0000 764      
Washer/Dryer 2021-09-28 2,589 462 SL 7.0000 370      
Security Cameras 2021-11-09 2,684 626 SL 5.0000 537      
8446 Fairview - Boiler 2021-12-15 11,700 845 SL 15.0000 780 780    
8468 FAirview - AC unit 2021-09-28 3,868 484 SL 10.0000 387 387    
Computers 2022-02-17 900 180 SL 5.0000 180      
8236 Land - Fence 2023-12-04 14,028   SL 15.0000 78 78    

TY 2023 InvestmentsCorpBondsSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
23017517
Software Version:
2023v5.1
Name of Bond End of Year Book Value End of Year Fair Market Value
Eaton Vance LMT Duration D #050304 25,000 25,000
MS Trigger Jump Note #050304 1,000,000 1,124,000

TY 2023 InvestmentsCorpStockSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
23017517
Software Version:
2023v5.1
Name of Stock End of Year Book Value End of Year Fair Market Value
Morgan Stanley #050312 - Advisor 9,213,314 8,984,257
Morgan Stanley #050313 - Santa Barbara 24,797,462 37,782,625
Morgan Stanley #050318 - Hedged 15,711,033 18,617,616

TY 2023 InvestmentsLandSchedule2
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
23017517
Software Version:
2023v5.1
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Land 7,531,030   7,531,030 8,997,931

TY 2023 InvestmentsOtherSchedule2
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
23017517
Software Version:
2023v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Oil and Gas Properties AT COST 5,332,541 1,063,308
Nuveen High INcome 2023 #050304 AT COST    

TY 2023 LandEtcSchedule2
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
23017517
Software Version:
2023v5.1
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Furniture and Fixtures 48,250 45,832 2,418 2,418
Machinery and Equipment 51,468 49,275 2,193 2,193
Buildings 1,874,702 1,693,759 180,943 180,943
Improvements 74,306 31,709 42,597 42,597


TY 2023 OtherAssetsSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
23017517
Software Version:
2023v5.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Citco - Poplar International 936,281 1,089,723 1,089,723
Net Deposit of Excise Tax 79,093 57,935 57,935
Partnership interest - Westminster VII 21,072 17,398 17,398
Partnership interest- Westminster VI -74,879 -87,592 -87,592
Prepaid Expense - Line 13K - WVI 6,265 6,265 6,265
Prepaid Expense - Line 13K - WVII 3,009 3,009 3,009


TY 2023 OtherDecreasesSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
23017517
Software Version:
2023v5.1
Description Amount
Book Tax Difference 224,861


TY 2023 OtherExpensesSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
23017517
Software Version:
2023v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Dues and Subscriptions 4,958 2,479   2,479
General Insurance 7,752 1,938   5,814
Office Expense and Postage 16,750 5,863   10,888
Rental Expenses 86,408 86,408    


TY 2023 OtherIncomeSchedule2
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
23017517
Software Version:
2023v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Carlyle Energy (Hedged) 352 352  
GSO Credit Alpha Feeder 41,945 41,945  
Morgan Stanley #050313 - Santa 445 445  
Net Oil Royalties 1,511,624 1,511,624  
PE Premier Blackstone Energy -1,265 -1,265  
Westminster Fund VI Loss -7,115 -7,115  
Westminster Fund VII Loss -1,077 -1,077  


TY 2023 OtherProfessionalFeesSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Advisory Fees 334,191 334,191 0 0
Investment Advisory Fees - consultant 2,496 2,496 0 0


TY 2023 TaxesSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
2020 Taxes - US TREASURY - FORM 990PF 41,179 41,179    
Foreign taxes paid 4,398 4,398