Rice Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $595,237
- Spending
- $365,018
- Spent on programs
- 81%
- Reserves
- 26.2 months of spending
- Largest source of income
- donations and private grants, 93%
- Employees
- 0
- Volunteers
- 27
- Highest pay
- $352,683, president/ceo
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 82 out of 100. Higher than 51% of charities in its peer group (food and agriculture, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 26.2 months of spending.
Debt
2 of 20It owes 87% of what it owns.
Living within its means
15 of 15Income exceeded spending by 39% of income.
Income trend
15 of 15Income rose 29% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 76% of charities in its peer group (food and agriculture, $250k to $1m).
Independent board
25 of 2527 of 27 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $174,453 spent. 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.
- $90,840 spent. Industry 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.
- $29,389 spent. Regional 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.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending July 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 1986.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.