Virginia · Nonprofit
The Rice Foundation
The Rice Foundation (Virginia) receives grants from 2 organizations whose IRS filings report $1,348,231 to it, the largest being AARQ TRUST ($1,248,231). 1 of them have funded it in more than one year.
- Revenue FY2025
- $595k
- Funders on record
- 2
- Grants received
- $1.3M
- Net assets
- $1.5M
What The Rice Foundation does
Mission
The Rice Foundation represents all segments of the US rice industry with a mission to further the well being of its members and ensure the long term sustainability and future competiveness of US rice. This mission includes: Identifying issues important to the rice industry, funding appropriate research projects to address these issues and supporting Foundation leadership and education programs.
As stated on its FY2025 Form 990.
Programs
Leadership development: The Rice Leadership Development Program gives future leaders a comprehensive understanding of the rice industry, with an emphasis on personal development and communication skills.
$174,453 spent59% of program spendingIndustry Education and Research: A key part of The Rice Foundation's mission is supporting research that benefits the entire U.S. rice industry. Currently, projects focus on conservation, sustainability, and nutrition.The National Rice Month Scholarship Video Contest is an opportunity for graduating high school students living in one of those six rice-growing states to tell a story about U.S. rice.
$90,840 spentof which $19,000 as grants31% of program spendingRegional Conservation Partnership Program: The purpose of the Regional Conservation Partnership Program (RCPP) is to promote coordination between Natural Resources Conservation Service (NRCS) and its partners to deliver conservation assistance to producers and landowners. NRCS provides assistance to producers through partnership agreements and through conservation program contracts or easement agreements.
$29,389 spentof which $10,264 as grants10% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $294,682.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $16M to $12M (−30%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2019 15% · 2020 13% · 2021 10%. Grants only. Government contracts and fees sit inside program revenue.
93% of The Rice Foundation’s revenue is contributions — about as donation-reliant as the typical peer (94% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Peter Bachmann
President/CEO
Board chair
Brian Ottis
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income rose $259k → $474k.
Left out of every figure on this page: $110k from 2 payers (the payer shares this organization's board, largest USA Rice Council). These are real filings, and they are not money The Rice Foundation raised.
From the IRS filings of The Rice Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
The Rice Foundation leans on a few funders — its largest provides 93% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
93% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund The Rice Foundation.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
The Rice Foundation draws 100% of its grant income from funders outside Virginia, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
The Rice Foundation runs a healthier operating margin than three-quarters of the 1,936 food & nutrition nonprofits its size.
this organization peer median middle 50% of peers· 1,936 food & nutrition nonprofits $100k–$1M, FY2025
Government funding The Rice Foundation receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $102k on record.
- Department of Agriculture$102k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like The Rice Foundation
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
38%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 4 related entities
- USA Rice Council · exempt
- USA Rice Federation · exempt
- USA Rice Millers' Association · exempt
- USA Rice Producers' Group · exempt
Screen this organization
A dated, signed PDF of the compliance screen for The Rice Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds The Rice Foundation?
- The Rice Foundation (Virginia) receives grants from 2 organizations whose IRS filings report $1,348,231 to it, the largest being AARQ TRUST ($1,248,231). 1 of them have funded it in more than one year.
- How many funders does The Rice Foundation have?
- IRS filings report 2 organizations giving $1,348,231 in grants to The Rice Foundation, 1 of which have funded it in more than one year.
- Who is the largest funder of The Rice Foundation?
- AARQ TRUST is the largest funder on record, with $1,248,231 in grants. The full list of funders is on this page.
- How can an organization like The Rice Foundation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing