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Nonprofiteer
← WILLIAM MARSH RICE UNIVERSITY

Form 990 for tax year 2023

Filed by WILLIAM MARSH RICE UNIVERSITY.

Totals

Total revenue
$1,423,437,172
Total expenses
$1,273,179,891
Contributions and grants received
$328,904,086
Grants paid
$278,719,623
Program services expenses (Part IX)
$1,159,580,620
Management and general expenses
$87,506,576
Fundraising expenses
$26,092,695
Program service expenses (Part III)
$1,159,580,620

Program services were 91.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Reginald Desroches

    President

    Total calculated
    $1,655,827
    From this org
    $1,286,186
    From related orgs
    $0
    Other
    $369,641
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $933,686
    Bonus
    $300,000
    Other
    $52,500
    Deferred
    $106,490
    Nontaxable benefits
    $263,151
    Filer's total
    $1,655,827

  • Asuka Nakahara

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Bart Broadman

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Brandy Morrison

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Brian Patterson

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Byron Pope

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Claudia Gee Vassar

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Elle Anderson

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Elle Moody

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • George Gonzalez

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Gloria Tarpley

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Holli Ladhani

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • James T Hackett

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • James Whitehurst

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Jennifer Kneale

    Trusttee

    Total calculated
    $0
    Hours/week
    2

  • Jeremy Thigpen

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Joshua Earnest

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Lori Whitten

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Lynn A Lednicky

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Mark Durcan

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Michael Yuen

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Michol L Ecklund

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Randa Duncan Williams

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Robert T Ladd

    Chair, Board of Trustees

    Total calculated
    $0
    Hours/week
    5

  • Terrence Gee

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Vinay Pai

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Allison Thacker

    Chief Investment Officer, Treasurer, Assistant Secretary

    Total calculated
    $1,199,984
    From this org
    $1,125,663
    From related orgs
    $0
    Other
    $74,321
    Hours/week
    40 + 8 related

    Schedule J breakdown matched by us

    Base
    $1,083,663
    Bonus
    $0
    Other
    $42,000
    Deferred
    $31,590
    Nontaxable benefits
    $42,731
    Filer's total
    $1,199,984

  • Amy Dittmar

    Provost and Executive Vice President for Academic Affairs

    Total calculated
    $902,944
    From this org
    $778,259
    From related orgs
    $0
    Other
    $124,685
    Hours/week
    40 + 3 related

    Schedule J breakdown matched by us

    Base
    $698,259
    Bonus
    $50,000
    Other
    $30,000
    Deferred
    $99,823
    Nontaxable benefits
    $24,862
    Filer's total
    $902,944

  • Bradley Fralic

    Associate VP Finance, Controller, Associate Treasurer

    Total calculated
    $350,492
    From this org
    $289,929
    From related orgs
    $0
    Other
    $60,563
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $280,990
    Bonus
    $0
    Other
    $8,939
    Deferred
    $36,904
    Nontaxable benefits
    $23,659
    Filer's total
    $350,492

  • Brian Padley

    VP for Information Technology and Chief Information Officer

    Total calculated
    $473,546
    From this org
    $412,204
    From related orgs
    $0
    Other
    $61,342
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $382,204
    Bonus
    $0
    Other
    $30,000
    Deferred
    $41,490
    Nontaxable benefits
    $19,852
    Filer's total
    $473,546

  • Caroline Levander

    VP for Global

    Total calculated
    $561,449
    From this org
    $463,050
    From related orgs
    $0
    Other
    $98,399
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $378,550
    Bonus
    $35,000
    Other
    $49,500
    Deferred
    $70,657
    Nontaxable benefits
    $27,742
    Filer's total
    $561,449

  • Cindy Melton

    Associate Treasurer and Assistant Secretary

    Total calculated
    $599,602
    From this org
    $516,650
    From related orgs
    $0
    Other
    $82,952
    Hours/week
    40 + 4 related

    Schedule J breakdown matched by us

    Base
    $332,150
    Bonus
    $132,000
    Other
    $52,500
    Deferred
    $41,490
    Nontaxable benefits
    $41,462
    Filer's total
    $599,602

  • Claire Nelson

    Associate Treasurer and Assistant Secretary

    Total calculated
    $319,735
    From this org
    $249,006
    From related orgs
    $0
    Other
    $70,729
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $245,517
    Bonus
    $0
    Other
    $3,489
    Deferred
    $31,740
    Nontaxable benefits
    $38,989
    Filer's total
    $319,735

  • Cynthia Wilson

    Deputy Secretary to the Board of Trustees

    Total calculated
    $214,142
    From this org
    $180,717
    From related orgs
    $0
    Other
    $33,425
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,328
    Bonus
    $0
    Other
    $7,389
    Deferred
    $19,699
    Nontaxable benefits
    $13,726
    Filer's total
    $214,142

  • Eno-Obong Oregbesan

    Assistant Secretary

    Total calculated
    $217,125
    From this org
    $170,439
    From related orgs
    $0
    Other
    $46,686
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,439
    Bonus
    $0
    Other
    $0
    Deferred
    $14,645
    Nontaxable benefits
    $32,041
    Filer's total
    $217,125

  • Jeffrey Falk

    Interim Vice President for Public Affairs

    Total calculated
    $257,359
    From this org
    $227,498
    From related orgs
    $0
    Other
    $29,861
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,995
    Bonus
    $0
    Other
    $11,503
    Deferred
    $19,598
    Nontaxable benefits
    $10,263
    Filer's total
    $257,359

  • Joseph Davidson

    Senior Associate General Counsel and Assistant Secretary

    Total calculated
    $442,613
    From this org
    $369,368
    From related orgs
    $0
    Other
    $73,245
    Hours/week
    40 + 3 related

    Schedule J breakdown matched by us

    Base
    $316,868
    Bonus
    $52,500
    Other
    $0
    Deferred
    $41,490
    Nontaxable benefits
    $31,755
    Filer's total
    $442,613

  • Katrina Spencer

    CFO & Treasurer

    Total calculated
    $479,059
    From this org
    $448,084
    From related orgs
    $0
    Other
    $30,975
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $368,484
    Bonus
    $40,000
    Other
    $39,600
    Deferred
    $30,451
    Nontaxable benefits
    $524
    Filer's total
    $479,059

  • Kelly Fox

    Executive VP for Finance and Administration

    Total calculated
    $835,021
    From this org
    $711,093
    From related orgs
    $0
    Other
    $123,928
    Hours/week
    40 + 9 related

    Schedule J breakdown matched by us

    Base
    $578,593
    Bonus
    $80,000
    Other
    $52,500
    Deferred
    $82,323
    Nontaxable benefits
    $41,605
    Filer's total
    $835,021

  • Kenneth Jett

    Vice President Facilities & Capital Construction & President Rice Real Estate (Beg April 24)

    Total calculated
    $0
    Hours/week
    40

  • Larry Perez

    Associate Treasurer and Assistant Secretary

    Total calculated
    $292,782
    From this org
    $235,084
    From related orgs
    $0
    Other
    $57,698
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $228,462
    Bonus
    $0
    Other
    $6,622
    Deferred
    $29,422
    Nontaxable benefits
    $28,276
    Filer's total
    $292,782

  • Melinda Spaulding Chevalier

    Vice President of Public Affairs (Beg Aug 23)

    Total calculated
    $226,737
    From this org
    $206,575
    From related orgs
    $0
    Other
    $20,162
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $199,833
    Bonus
    $0
    Other
    $6,742
    Deferred
    $8,333
    Nontaxable benefits
    $11,829
    Filer's total
    $226,737

  • Omar Syed

    Vice President, General Counsel and Secretary

    Total calculated
    $541,686
    From this org
    $490,215
    From related orgs
    $0
    Other
    $51,471
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $440,515
    Bonus
    $30,000
    Other
    $19,700
    Deferred
    $49,090
    Nontaxable benefits
    $2,381
    Filer's total
    $541,686

  • Paul Cherukuri

    Vice President for Innovation and Chief Innovation Officer

    Total calculated
    $382,774
    From this org
    $287,042
    From related orgs
    $0
    Other
    $95,732
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $212,042
    Bonus
    $45,000
    Other
    $30,000
    Deferred
    $65,932
    Nontaxable benefits
    $29,800
    Filer's total
    $382,774

  • Ramamoorthy Ramesh

    Executive VP for Research

    Total calculated
    $857,921
    From this org
    $716,493
    From related orgs
    $0
    Other
    $141,428
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $563,993
    Bonus
    $100,000
    Other
    $52,500
    Deferred
    $99,823
    Nontaxable benefits
    $41,605
    Filer's total
    $857,921

  • Ronica Smucker

    Interim VP for Development and Alumni Affairs (Thru Dec 23)

    Total calculated
    $491,772
    From this org
    $423,530
    From related orgs
    $0
    Other
    $68,242
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $393,530
    Bonus
    $0
    Other
    $30,000
    Deferred
    $41,490
    Nontaxable benefits
    $26,752
    Filer's total
    $491,772

  • Stephen Bayer

    Vice President for Development & Alumni Relations (Beg Sep 23)

    Total calculated
    $258,621
    From this org
    $239,438
    From related orgs
    $0
    Other
    $19,183
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $219,438
    Bonus
    $0
    Other
    $20,000
    Deferred
    $8,333
    Nontaxable benefits
    $10,850
    Filer's total
    $258,621

  • Veta Byrd-Perez

    Senior Associate General Counsel and Assistant Secretary

    Total calculated
    $317,410
    From this org
    $248,498
    From related orgs
    $0
    Other
    $68,912
    Hours/week
    40 + 7 related

    Schedule J breakdown matched by us

    Base
    $211,498
    Bonus
    $7,000
    Other
    $30,000
    Deferred
    $28,939
    Nontaxable benefits
    $39,973
    Filer's total
    $317,410

  • Yvonne Romero Da Silva

    VP for Enrollment

    Total calculated
    $426,782
    From this org
    $364,090
    From related orgs
    $0
    Other
    $62,692
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $290,090
    Bonus
    $30,000
    Other
    $44,000
    Deferred
    $41,490
    Nontaxable benefits
    $21,202
    Filer's total
    $426,782

  • Luay Nakhleh

    Dean of George R. Brown School of Engineering

    Total calculated
    $603,454
    From this org
    $570,364
    From related orgs
    $0
    Other
    $33,090
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $542,864
    Bonus
    $5,000
    Other
    $22,500
    Deferred
    $31,590
    Nontaxable benefits
    $1,500
    Filer's total
    $603,454

  • Peter Rodriguez

    Dean of Jones Graduate Business School of Business

    Total calculated
    $778,651
    From this org
    $656,825
    From related orgs
    $0
    Other
    $121,826
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $636,777
    Bonus
    $0
    Other
    $20,048
    Deferred
    $91,490
    Nontaxable benefits
    $30,336
    Filer's total
    $778,651

  • Thomas Killian

    Dean of Wiess School of Natural Sciences

    Total calculated
    $505,044
    From this org
    $433,589
    From related orgs
    $0
    Other
    $71,455
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $398,589
    Bonus
    $5,000
    Other
    $30,000
    Deferred
    $41,490
    Nontaxable benefits
    $29,965
    Filer's total
    $505,044

  • Thomas McClelland

    Director of Athletics (Beg Aug 23)

    Total calculated
    $285,572
    From this org
    $265,827
    From related orgs
    $0
    Other
    $19,745
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $258,827
    Bonus
    $0
    Other
    $7,000
    Deferred
    $5,000
    Nontaxable benefits
    $14,745
    Filer's total
    $285,572

  • Brent Smith

    Associate Professor

    Total calculated
    $1,011,719
    From this org
    $940,580
    From related orgs
    $0
    Other
    $71,139
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $910,580
    Bonus
    $0
    Other
    $30,000
    Deferred
    $41,490
    Nontaxable benefits
    $29,649
    Filer's total
    $1,011,719

  • Craig Beach

    Investment Manager

    Total calculated
    $1,032,456
    From this org
    $958,074
    From related orgs
    $0
    Other
    $74,382
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $458,174
    Bonus
    $448,000
    Other
    $51,900
    Deferred
    $41,490
    Nontaxable benefits
    $32,892
    Filer's total
    $1,032,456

  • John Lawrence

    Investment Manager

    Total calculated
    $1,060,894
    From this org
    $990,668
    From related orgs
    $0
    Other
    $70,226
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $520,168
    Bonus
    $448,000
    Other
    $22,500
    Deferred
    $31,590
    Nontaxable benefits
    $38,636
    Filer's total
    $1,060,894

  • Kerry Back

    Professsor of Finance

    Total calculated
    $929,965
    From this org
    $866,856
    From related orgs
    $0
    Other
    $63,109
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $817,356
    Bonus
    $0
    Other
    $49,500
    Deferred
    $41,490
    Nontaxable benefits
    $21,619
    Filer's total
    $929,965

  • Michael Bloomgren

    Football Coach

    Total calculated
    $1,030,993
    From this org
    $966,912
    From related orgs
    $0
    Other
    $64,081
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $849,912
    Bonus
    $75,000
    Other
    $42,000
    Deferred
    $31,590
    Nontaxable benefits
    $32,491
    Filer's total
    $1,030,993

  • David Leebron

    Former President

    Total calculated
    $2,758,298
    From this org
    $2,686,055
    From related orgs
    $0
    Other
    $72,243
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $2,642,839
    Bonus
    $0
    Other
    $43,216
    Deferred
    $41,490
    Nontaxable benefits
    $30,753
    Filer's total
    $2,758,298

  • Jeffrey Barnes

    Former Officer

    Total calculated
    $253,971
    From this org
    $224,921
    From related orgs
    $0
    Other
    $29,050
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,421
    Bonus
    $7,000
    Other
    $22,500
    Deferred
    $19,280
    Nontaxable benefits
    $9,770
    Filer's total
    $253,971

  • Kathy Dantley Warren

    Former Officer (to Mar 23)

    Total calculated
    $716,223
    From this org
    $695,126
    From related orgs
    $0
    Other
    $21,097
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $693,516
    Bonus
    $0
    Other
    $1,610
    Deferred
    $11,183
    Nontaxable benefits
    $9,914
    Filer's total
    $716,223

  • Linda Thrane

    Former Officer

    Total calculated
    $339,738
    From this org
    $299,036
    From related orgs
    $0
    Other
    $40,702
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $272,076
    Bonus
    $0
    Other
    $26,960
    Deferred
    $33,543
    Nontaxable benefits
    $7,159
    Filer's total
    $339,738

  • Peter Rossky

    Former Dean

    Total calculated
    $550,334
    From this org
    $478,425
    From related orgs
    $0
    Other
    $71,909
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $429,425
    Bonus
    $5,000
    Other
    $44,000
    Deferred
    $41,490
    Nontaxable benefits
    $30,419
    Filer's total
    $550,334

  • Robert Yekovich

    Former Dean

    Total calculated
    $547,497
    From this org
    $492,001
    From related orgs
    $0
    Other
    $55,496
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $451,999
    Bonus
    $0
    Other
    $40,002
    Deferred
    $41,490
    Nontaxable benefits
    $14,006
    Filer's total
    $547,497

  • Seiichi Matsuda

    Former Interim Provost

    Total calculated
    $432,711
    From this org
    $380,870
    From related orgs
    $0
    Other
    $51,841
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $340,870
    Bonus
    $10,000
    Other
    $30,000
    Deferred
    $41,490
    Nontaxable benefits
    $10,351
    Filer's total
    $432,711

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a First-class or charter travel
The University's written travel policy permits payment only of necessary and reasonable expenses for travel on University business. The University's policies constitute an accountable plan and are designed to comply with applicable Internal Revenue Service rules. Coach class airfare is required except in certain limited circumstances; these include medical necessity, contractual obligations, and scheduled flight segments over six hours in length, when business class fares may be used with prior approval. In rare cases, when an exception applies and no business class fare is available, a first class fare may be used, again with prior approval and documentation. Charter travel is sometimes employed for athletics teams, including coaches, when such travel is the least costly method of transportation.
Schedule J, Part I, Line 1a Travel for companions
Under the University's travel policy, the University does not pay the travel cost of companions, unless there is a valid University business purpose for the companion's travel. Written approval must be obtained in advance from the president, provost, or appropriate dean / vice president documenting the reason for incurring the expense. When the University uses chartered air or ground transportation, travel for companions may occasionally be included if the University incurs no additional cost.
Schedule J, Part I, Line 1a Housing allowance or residence for personal use
The president of the University is required to occupy University-owned housing as a condition of employment. The fair market value of the housing provided, based on the appraised value of the house, is reported in the president's compensation as a non-taxable benefit.
Schedule J, Part I, Line 1a Health or social club dues or initiation fees
Social club dues were paid for the president of the University and are included in compensation when appropriate.
Schedule J, Part I, Line 1a Personal services
See the response to Schedule J, Part I, Line 1A for Housing. The President is also provided chauffeured service when he leaves the University property.
Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
The CORD (Compensation and Organizational Development) Committee of the Board of Trustees of Rice University has a procedure in place to assure the Board of Trustees that compensation arrangements for the president and other organization officers and managers are reasonable. The procedure is designed to comply with the requirements of Section 4958 of the Internal Revenue Code and Internal Revenue Service regulations. The CORD Committee maintains a roster of disqualified persons, as defined by the IRS, for whose compensation the procedure is used. The roster is reviewed periodically but at least annually. The procedure was last evaluated with the full board in December 2014. The procedure requires three elements as follows: 1) The terms of transactions are approved by the organization's governing body, or a committee thereof, whose members have no conflict of interest with respect to the arrangement. The Board of Trustees delegated authority to the CORD Committee to act on behalf of the Board in these matters at its meeting on March 25, 1999. Compensation arrangements are reviewed and approved by the CORD Committee before the effective date. Members of the CORD Committee recuse themselves from any vote in which there is a potential or actual conflict of interest. 2) The governing body or committee obtains and relies upon appropriate, comparable data before making its determination. Rice participates in the annual survey by Willis Towers Watson of select universities' executive compensation, and additional appropriate peer surveys. These reports reflect executive compensation in universities of a stature similar to that of Rice, and with which Rice competes for faculty and staff. The CORD Committee may also seek and rely on other relevant information, including compensation paid by other taxable and tax-exempt organizations for functionally comparable positions, geographic market forces, and actual written offers from similar institutions competing for services. The CORD Committee relies on this data and documents any determinations that reasonable compensation is an amount more than the range of comparable data. 3) The governing body or committee adequately documents the basis for making determinations concurrently with making decisions. Minutes documenting the deliberations of the CORD Committee are prepared contemporaneously for review and approval at its next meeting.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
The following officer(s), director(s), trustee(s), key employee(s) and/or highest compensated employees participated in or received payment from a supplemental non-qualified retirement plan in calendar year 2023, subject to satisfying vesting conditions related to continuing service to the university. Award amounts that may or may not have vested are shown below. Amounts that became taxable during the year due to vesting or distribution are included in Part II, column B (iii). Accruals for awards that have not vested are included in the amounts shown in Part II, column C. David Leebron: $1,823,675 prior year awards vested and taxable, $987,277 distributed. Reginald DesRoches: $200,000 current year award; $65,000 accrual for awards not yet vested. Amy Dittmar: $100,000 current year award; $58,333 accrual for awards not yet vested. Ramesh Ramamoorthy: $100,000 current year award; $58,333 accrual for awards not yet vested. Kelly Fox: $70,000 current year award; $40,833 accrual for awards not yet vested. Peter Rodriguez: $50,000 current year award; $66,667 accrual for awards not yet vested. Caroline Levander: $50,000 current year award; $29,167 accrual for awards not yet vested. Omar Syed: $30,000 current year award; $17,500 accrual for awards not yet vested. Paul Cherukuri: $50,000 current year award; $29,167 accrual for awards not yet vested. Thomas McClelland: $50,000 current year award; $5,000 accrual for awards not yet vested. Stephen Bayer: $50,000 current year award; $8,333 accrual for awards not yet vested. Melinda Spaulding Chevalier: $50,000 current year award; $8,333 accrual for awards not yet vested.
Schedule J, Part I, Line 7 Non-fixed payments
Contracts of certain individuals include provisions that allow them to receive additional compensation if specific criteria or circumstances are met or performance thresholds are achieved. Payments were made under such contracts in calendar year 2023 to Reginald DesRoches, John Lawrence, Michael Bloomgren, Carmen Thompson, Craig Beech, and Cindy Melton. Additionally, as noted in part II of Schedule J, discretionary bonuses were provided to others based on management's assessment of their performance.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • Rice Land Lumber Co

    501(c)(2) · Timber holding company · LA · controlled entity

    Directly controlled by William Marsh Rice University

  • RU Corporation

    501(c)(2) · Real estate title holding · TX · controlled entity

    Directly controlled by William Marsh Rice University

  • Rice Trust Inc

    501(c)(4) · Trust company · TX · controlled entity

    Directly controlled by William Marsh Rice University

  • THE CENTER FOR COLLABORATIVE RESEARCH INC

    501(c)(3) · Type 1 supporting organization · TX · controlled entity

    Directly controlled by William Marsh Rice University

  • RICE 360 INSTITUTE FOR GLOBAL HEALTH

    501(c)(3) · Type 1 supporting organization · TX · controlled entity

    Directly controlled by William Marsh Rice University

  • The Welch Institute

    501(c)(3) · Type 3 supporting organization · TX

    Directly controlled by William Marsh Rice University

  • Rice RE Holdings I

    501(c)(25) · Real estate title holding · TX · controlled entity

    Directly controlled by William Marsh Rice University

  • Rice RE Holdings II

    501(c)(25) · Real estate title holding · TX · controlled entity

    Directly controlled by William Marsh Rice University

  • Rice RE Holdings III

    501(c)(25) · Real estate title holding · TX · controlled entity

    Directly controlled by William Marsh Rice University

  • Rice RE Holdings IV

    501(c)(25) · Real estate title holding · TX · controlled entity

    Directly controlled by William Marsh Rice University

Provenance

Return type
form_990
Tax year
2023
Filed
8 May 2025
IRS schema version
2023v6.0
Source object
202511289349302401

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