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Rice Memorial Hospital And Welfare Fund is a private trust based in EVANSVILLE, IN. The foundation received its IRS ruling in 1954. It holds total assets of $1.1M. Annual income is reported at $367K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Indiana. According to available records, Rice Memorial Hospital And Welfare Fund has made 10 grants totaling $113K, with a median grant of $11K. Annual giving has grown from $36K in 2021 to $77K in 2022. Individual grants have ranged from $1K to $21K, with an average award of $11K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$11K
Average Grant
$13K
Largest Grant
$26K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Rice Memorial Hospital And Welfare Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in IN.
Rice Memorial Hospital And Welfare Fund has distributed a total of $113K across 10 grants. The median grant size is $11K, with an average of $11K. Individual grants have ranged from $1K to $21K.
Rice Memorial Hospital And Welfare Fund typically selects its grantees rather than accepting unsolicited proposals.
Rice Memorial Hospital And Welfare Fund is headquartered in EVANSVILLE, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Old National Wealth Management | TRUSTEE | $15K | $0 | $15K |
Total Giving
$52K
Total Assets
$1M
Fair Market Value
$1.3M
Net Worth
$1M
Grants Paid
$36K
Contributions
N/A
Net Investment Income
$83K
Distribution Amount
$59K
Total Grants
10
Total Giving
$113K
Average Grant
$11K
Median Grant
$11K
Unique Recipients
5
Most Common Grant
$17K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Indiana University PurdueSCHOLARSHIPS | Indianapolis, IN | $21K | 2022 |
| Purdue UniversitySCHOLARSHIPS | West Lafayette, IN | $17K | 2022 |
| Indiana University SoutheastSCHOLARSHIPS | New Albany, IN | $1K | 2022 |
| Indiana UniversitySCHOLARSHIPS | Bloomington, IN | $12K | 2021 |
| IupuiSCHOLARSHIPS | Indianapolis, IN | $10K | 2021 |