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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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$85,756,035J 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 276,925 276,925 276,925
4 Dividends and interest from securities... 1,813,372 1,813,372 1,813,372
5a Gross rents............ 265,331 265,331 265,331
b Net rental income or (loss) 165,984
6a Net gain or (loss) from sale of assets not on line 10 1,830,875
b Gross sales price for all assets on line 6a 5,134,870
7 Capital gain net income (from Part IV, line 2)... 1,830,875
8 Net short-term capital gain......... 797
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
1,637,098 1,614,975  
12 Total. Add lines 1 through 11........ 5,823,601 5,801,478 2,356,425
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 290,010 116,004   174,006
14 Other employee salaries and wages...... 111,395     111,395
15 Pension plans, employee benefits....... 73,003 15,072   57,931
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
40,380 28,402   11,978
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
374,309 374,309    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
62,480 62,480    
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
55,332 22,486  
20 Occupancy.............. 109,931 27,483   82,448
21 Travel, conferences, and meetings....... 1,850 462   1,388
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
122,262 90,896   31,366
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,240,952 737,594   470,512
25 Contributions, gifts, grants paid....... 3,980,600 3,980,600
26 Total expenses and disbursements. Add lines 24 and 25 5,221,552 737,594   4,451,112
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 602,049
b Net investment income (if negative, enter -0-) 5,063,884
c Adjusted net income (if negative, enter -0-)... 2,356,425
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 495,961 651,889 651,889
2 Savings and temporary cash investments......... 1,516,921 1,128,916 1,128,916
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)....... 49,721,809 Click to see attachment
List of Attached Documents:
// Content
50,338,877 		71,227,725
c Investments—corporate bonds (attach schedule)....... 1,025,000 Click to see attachment
List of Attached Documents:
// Content
1,025,000 		1,345,000
11 Investments—land, buildings, and equipment: basis right arrow7,573,024
Less: accumulated depreciation (attach schedule) right arrow   7,531,030 Click to see attachment
List of Attached Documents:
// Content
7,573,024 		9,039,927
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,332,541 Click to see attachment
List of Attached Documents:
// Content
5,332,541 		1,063,308
14 Land, buildings, and equipment: basis right arrow2,051,468
Less: accumulated depreciation (attach schedule) right arrow1,869,734 228,151 Click to see attachment
List of Attached Documents:
// Content
181,734 		181,734
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,086,738 		Click to see attachment
List of Attached Documents:
// Content
1,117,536 		Click to see attachment
List of Attached Documents:
// Content
1,117,536
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 66,938,151 67,349,517 85,756,035
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........ 66,938,151 67,349,517
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)..... 66,938,151 67,349,517
30 Total liabilities and net assets/fund balances (see instructions). 66,938,151 67,349,517
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
66,938,151
2
Enter amount from Part I, line 27a .....................
2
602,049
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
67,540,200
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
190,683
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
67,349,517
Form 990-PF (2024)
Form 990-PF (2024)
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 MS #0313 ST P 2024-01-01 2024-12-31
b MS #0313 LT P 2022-01-01 2024-12-31
c MS #0313 Non-Covered P 2022-01-01 2024-07-11
d Skybridge Opportuniy LT P 2018-12-01 2024-09-30
e Morgan Stanley #0318 L/T P 2018-02-22 2024-02-29
Morgan Stanley #0318 Non-Covered P 2022-01-01 2024-12-24
NEW DVR FOR CAMERAS P 2009-01-01 2024-12-31
2 BACKUP DRIVES FOR COMPU P 2011-01-01 2024-12-31
HP Z4 G4 Workstation P 2018-02-13 2024-12-31
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 188,773   187,976 797
b 3,743,710   1,990,825 1,752,885
c 27     27
d 152,344   171,978 -19,634
e 656,120   953,216 -297,096
3     3
  950 950  
  761 761  
  4,462 4,462  
      393,893
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       797
b       1,752,885
c       27
d       -19,634
e       -297,096
      3
       
       
       
       
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 1,830,875
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 3 797
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 70,388
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 70,388
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 70,388
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 61,484
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.............. 7 121,484
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
8 250
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 50,846
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow50,846 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024 or the taxable year beginning in 2024? 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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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 		290,010 37,681  
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 		111,395 35,322  
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 (2024)
Form 990-PF (2024)
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 371,808
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 (2024)
Form 990-PF (2024)
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
70,130,157
b
Average of monthly cash balances.......................
1b
3,560,113
c
Fair market value of all other assets (see instructions)................
1c
11,377,596
d
Total (add lines 1a, b, and c).........................
1d
85,067,866
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
85,067,866
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,276,018
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
83,791,848
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,189,592
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
4,189,592
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
70,388
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
70,388
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,119,204
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
4,119,204
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
4,119,204
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
4,451,112
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
4,451,112
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 4,119,204
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020...... 433,048
c From 2021...... 512,834
d From 2022...... 2,247,630
e From 2023...... 330,905
f Total of lines 3a through e ........ 3,524,417
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 4,451,112
a Applied to 2023, 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 2024 distributable amount..... 4,119,204
e Remaining amount distributed out of corpus 331,908
5 Excess distributions carryover applied to 2024.    
(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 3,856,325
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		3,856,325
10 Analysis of line 9:
a Excess from 2020.... 433,048
b Excess from 2021.... 512,834
c Excess from 2022.... 2,247,630
d Excess from 2023.... 330,905
e Excess from 2024.... 331,908
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
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 (2024)
Form 990-PF (2024)
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
Boys and Girls Clubs of Chicago


550 West Van Buren Street Ste 350
Chicago,IL60607 		None Exempt Charitable 25,000
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
Equestrian Connection


600 N Bradley Road
Lake Forest,IL60045 		None Exempt Charitable 70,000
Field Musuem


1400 S Lake Shore Drive
Chicago,IL60614 		None Exempt Charitable 600,000
Haddley School for Blind


700 Elm Street
Winnetka,IL60093 		None Exempt Charitable 10,000
Illinois Conservation Foundation


One Natural Resources Way
Springfield,IL62702 		None Exempt Charitable 130,000
Little Sisters of the Poor - St Mar


2325 North Lakewood Avenue
Chicago,IL60614 		None Exempt Charitable 15,000
Maine Niles Assoc of Special Recrea


6820 West Dempster Street
Morton Grove,IL60053 		None Exempt Charitable 20,000
Max McGraw Wildlife Foundation


PO Box 9
Dundee,IL60118 		None Exempt Charitable 250,000
McGaw YMCA


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


718 South Loomis Street
Chicago,IL60607 		None Exempt Charitable 20,000
North Shore Center the Performing A


9501 Skokie Boulevard
Skokie,IL60077 		None Exempt Charitable 130,000
Northeastern IL Public Safety Train


2300 Patriot Boulevard
Glenview,IL60026 		None Exempt Charitable 50,000
The Nature Conservancy in Illinois


8 South Michigan Avenue Suite 900
Chicago,IL60603 		None Exempt Charitable 100,000
Touched by an Animal


2131 West Berwyn PO Box 59067
Chicago,IL60659 		None Exempt Charitable 25,900
Tuesday's Child CO Gordon Tech HS


3633 North California Avenue
Chicago,IL60618 		None Exempt Charitable 20,000
Willow House


300 Saunders Road Suite 300
Riverwoods,IL60015 		None Exempt Charitable 25,000
Glenview Club Scholarship Foundatio


100 Golf Rd
Golf,IL60029 		None EXempt Charitable 23,000
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 177,500
CommunityHealth


2611 West Chicago Avenue
Chicago,IL60622 		None Exempt Charitable 12,000
Ducks Unlimited Inc


925 Hidden Lake Road
Naperville,IL60565 		None Exempt Charitable 125,000
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 35,000
Marine Military Academy


320 Iwo Jima Blvd
Harlingen,TX78550 		None Exempt Charitable 350,000
Meals on Wheels Northeast- Meals at


1723 Simpson St
Evanston,IL60201 		None Exempt Charitable 25,000
Mobile Care Chicago


239 W Root St
Chicago,IL60609 		None Exempt Charitable 100,000
Operation North Pole


50 West Oakton Street
Des Plaines,IL60018 		None Exempt Charitable 150,000
Putnam Christian Church


301 Center Street
Putnam,IL61560 		None Exempt Charitable 200
Ravinia


418 Sheridan Road
Highland Park,IL60035 		None Exempt Charitable 25,000
Shore


8350 Laramie Avenue
Skokie,IL60077 		None Exempt Charitable 25,000
Gigi's Playhouse


2350 West Higgins Road
Hoffman Estates,IL60169 		None Exempt Charitable 500,000
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
Center for Enriched Living


280 Saunders Road
Riverwoods,IL60015 		None Exempt Charitable 15,000
Chicago Lighthouse The


1850 West Roosevelt Road
Chicago,IL60608 		None Exempt Charitable 25,000
Harbour The


1440 Renaissance Drive Suite 240
Park Ridge,IL60068 		None EXEMPT Charitable 10,000
Kids Above All


8765 West Higgins Road Suite 450
Chicago,IL60631 		  Exempt Charitable 12,000
Rebuilding Together North SuburbChi


PO Box 626
Glenview,IL60025 		N/A Exempt Charitable 25,000
Friends of Fisher House Illinois


1600 W Lake St
Addison,IL60101 		N/A exempt Charitable 15,000
Camp Manito-wish YMCA


PO Box 246
Boulder Junction,WI54512 		None Exempt Charitable 70,000
Illinois Equine Humane Center


47W635 Beith Rd
Maple Park,IL60151 		  Exempt Charitable 16,000
Madonna Mission


152 Dewindt Rd 430
Winnetka,IL60093 		None Exempt Charitable 50,000
Stock the Shelves


600 9th St
Wilmette,IL60091 		None Exempt Charitable 5,000
Lemons of Love


433 East Golf Rd
Des Plaines,IL60016 		None Exempt Charitable 8,000
Nourishing Hope


1716 W Hubbard St
Chicago,IL60622 		None Exempt Charitable 25,000
Wisconsin Department of Natural Res


101 S Webster Street
Madison,WI53703 		None Exempt Charitable 47,000
Blue Cap


2155 Broadway
Blue Island,IL60406 		None Exempt Charitable 15,000
Cornerstone Community Outreach


4628 N Clifton Ave
Chicago,IL60640 		None Exempt Charitable 10,000
Crisis Center for South Suburbia


PO Box 39
Tinley Park,IL60477 		None Exempt Charitable 10,000
Driven Foundation The


728 Arbor Lane
Glenview,IL60025 		None Exempt Charitable 50,000
Medicine Fish


N 8866 Country Road
Gresham,WI54128 		None Exempt Charitable 100,000
Music Theater Works


516 Fourth St
Wilmette,IL60091 		None Exempt Charitable 20,000
Total .................................right arrow 3a 3,980,600
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
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 ........... 		        276,925
4 Dividends and interest from securities ....         1,813,372
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....         165,984
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		        1,830,875
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCarlyle Energy (Hedged) 		    15   1,482
bGSO Credit Alpha Feeder     14   21,742
cMorgan Stanley #050313     14    
dMorgan Stanley #050313 - Santa     14    
eNet Oil Royalties     15   1,583,417
fPE Premier Blackstone Energy     14    
gWestminster Fund VI Loss     14   30,998
hWestminster Fund VII Loss     14   -541
12 Subtotal. Add columns (b), (d), and (e) ..     5,724,254
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,724,254
(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.)
Form 990-PF (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID: 24020490
Software Version: 2024v5.2


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting - Audit 13,400 10,720 0 2,680
Accounting - Bookkeeping 14,980 13,482 0 1,498
Accounting- tax 12,000 4,200 0 7,800

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

TY 2024 DepreciationSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
24020490
Software Version:
2024v5.2
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 1,221,363 SL 3.18 % 29,655      
RICE BLDG IMPROVEMENTS 1998-01-09 42,211 34,170 SL 3.18 % 1,340      
8446 FAIRVIEW BUILDING 1999-01-01 173,590 154,653 SL 3.64 % 6,313 6,313    
8446 FAIRVIEW BUILDING 2001-01-01 690 564 SL 3.64 % 25 25    
8446 FAIRVIEW - NEW ROOF 2003-01-01 3,527 2,627 SL 3.64 % 128 128    
8447 FAIRVIEW NEW SIDING 2012-05-01 4,329 1,806 SL 3.64 % 157 157    
8468 FAIRVIEW BUILDING 1991-01-01 90,000 89,846 SL 3.03 % 154 154    
8468 PUMP CHECK VALVE 2004-01-01 1,345 955 SL 3.64 % 49 49    
8468 PRESSURE TANK/PIPING 2010-01-01 2,400 1,175 SL 3.64 % 87 87    
8468 NEW SIDING 2011-01-01 4,672 2,124 SL 3.64 % 170 170    
8468 NEW ROOF 2011-01-01 7,091 3,225 SL 3.64 % 258 258    
8468 NEW SIDING/SOFFIT/FA 2012-08-21 4,914 2,058 SL 3.64 % 179 179    
WOODFORD FARM BUILDING 2005-01-01 275,714 183,260 SL 3.64 % 10,028 10,028    
Woodford - Generator 2014-04-01 2,675 2,546 SL 5.00 % 129 129    
8446 Fairview - Flooring 2017-06-13 4,970 4,309 SL 7.5000 661 661    
8446 Fairview - Impr 2017-09-05 17,867 4,090 SL 27.5000 650 650    
Office Boilers 2021-05-04 11,458 2,037 SL 15.0000 764      
Washer/Dryer 2021-09-28 2,589 832 SL 7.0000 370      
Security Cameras 2021-11-09 2,684 1,163 SL 5.0000 537      
8446 Fairview - Boiler 2021-12-15 11,700 1,625 SL 15.0000 780 780    
8468 FAirview - AC unit 2021-09-28 3,868 871 SL 10.0000 387 387    
Computers 2022-02-17 900 360 SL 5.0000 180      
8446 Fairview - Chimney 2023-12-28 12,028   SL 15.0000 802 802    
8236 Land - Fence 2023-12-04 14,028 78 SL 15.0000 935 935    
8446 Fairview - AC System 2024-04-17 8,915   SL 10.0000 594 594    

TY 2024 InvestmentsCorpBondsSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
24020490
Software Version:
2024v5.2
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 1,320,000

TY 2024 InvestmentsCorpStockSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
24020490
Software Version:
2024v5.2
Name of Stock End of Year Book Value End of Year Fair Market Value
Morgan Stanley #050312 - Advisor 8,905,145 8,636,785
Morgan Stanley #050313 - Santa Barbara 26,580,666 42,657,169
Morgan Stanley #050318 - Hedged 14,853,066 19,933,771

TY 2024 InvestmentsLandSchedule2
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
24020490
Software Version:
2024v5.2
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Land 7,573,024   7,573,024 9,039,927

TY 2024 InvestmentsOtherSchedule2
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
24020490
Software Version:
2024v5.2
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

TY 2024 LandEtcSchedule2
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
24020490
Software Version:
2024v5.2
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Furniture and Fixtures 48,250 46,863 1,387 1,387
Machinery and Equipment 45,295 43,948 1,347 1,347
Buildings 1,874,702 1,743,618 131,084 131,084
Improvements 83,221 35,305 47,916 47,916


TY 2024 OtherAssetsSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
24020490
Software Version:
2024v5.2
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Citco - Poplar International 1,089,723 982,734 982,734
Net Deposit of Excise Tax 57,935 61,484 61,484
Partnership interest - Westminster VII 17,398 17,023 17,023
Partnership interest- Westminster VI -87,592 47,021 47,021
Prepaid Expense - Line 13K - WVI 6,265 6,265 6,265
Prepaid Expense - Line 13K - WVII 3,009 3,009 3,009


TY 2024 OtherDecreasesSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
24020490
Software Version:
2024v5.2
Description Amount
Book Tax Difference 190,683


TY 2024 OtherExpensesSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
24020490
Software Version:
2024v5.2
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Dues and Subscriptions 5,999 2,999   3,000
General Insurance 27,544 6,886   20,658
Office Expense and Postage 11,858 4,150   7,708
Rental Expenses 76,861 76,861    


TY 2024 OtherIncomeSchedule2
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
24020490
Software Version:
2024v5.2
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Carlyle Energy (Hedged) 1,482    
GSO Credit Alpha Feeder 21,742    
Net Oil Royalties 1,583,417 1,583,417  
Westminster Fund VI Loss 30,998 30,998  
Westminster Fund VII Loss -541 -541  


TY 2024 OtherProfessionalFeesSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Advisory Fees 371,808 371,808 0 0
Investment Advisory Fees - consultant 2,501 2,501 0 0


TY 2024 TaxesSchedule
Name:
Rice Foundation
EIN:
36-6043160
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
2020 Taxes - US TREASURY - FORM 990PF 56,457 56,457    
Foreign taxes paid 6,023 6,023