Editing Rice University (section)

==Organization==
Rice University is chartered as a non-profit organization and is governed by a privately appointed [[Board of directors|board of trustees]]. The board consists of a maximum of 25 voting members who serve four-year terms.<ref name="Handbook">{{cite web |title=University Leadership |url=https://president.rice.edu/governance/administration |access-date=December 9, 2023 |website=University Administration |publisher=Rice University |archive-date=December 10, 2023 |archive-url=https://web.archive.org/web/20231210003911/https://president.rice.edu/governance/administration |url-status=live }}</ref> The trustees serve without compensation and a simple majority of trustees must reside in Texas, including at least four within the greater Houston area.<ref name="Handbook"/> The board of trustees delegates its power by appointing a president to serve as the chief executive of the university. [[Reginald DesRoches]] was appointed president in 2022 and succeeded [[David Leebron|David W. Leebron]], who served since 2004. The provost, three executive vice presidents, and seven vice presidents report to the president.<ref name="Handbook"/>

The university's academics are organized into several schools. The [[Susanne M. Glasscock School of Continuing Studies]] has only graduate programs. Schools that have undergraduate and graduate programs include:
* [[Rice University School of Architecture]]
* [[George R. Brown School of Engineering and Computing]]
* [[Rice University School of Humanities|School of Humanities]]
* [[Shepherd School of Music]]
* [[Wiess School of Natural Sciences]]
* [[Rice University School of Social Sciences]]
* [[Jesse H. Jones Graduate School of Management]]

Rice's undergraduate students are admitted from a centralized admissions process, which admits new students to the university as a whole, rather than a specific school (the schools of Music and Architecture are decentralized). Students are encouraged to select the major path that best suits their desires; a student can later decide that they would rather pursue study in another field, or continue their current coursework and add a second or third major. These transitions are designed to be simple, with students not required to decide on a specific major until their sophomore year of study. Rice offers 360 degrees in over 60 departments. There are 40 undergraduate degree programs, 51 masters programs, and 29 doctoral programs.<ref name="Majors" /><ref name="Degrees" />

Faculty members of each of the departments elect chairs to represent the department to each School's dean and the deans report to the Provost who serves as the chief officer for academic affairs.<ref name="Handbook"/>

=== Rice Management Company ===
The Rice Management Company manages the $8.1 billion Rice University endowment (June 2021) and $1.1 billion debt.<ref>{{Cite web |title=About Us |url=https://investments.rice.edu/about-us |url-status=live |archive-url=https://web.archive.org/web/20210123213318/https://investments.rice.edu/about-us |archive-date=January 23, 2021 |access-date=2020-12-28 |website=Rice Management Company {{!}} Rice University |language=en }}</ref><ref name=":3">{{Cite web|date=2020-11-18|title=In Houston's Third Ward, Community Groups are Fighting for Equitable Development|url=https://www.texasobserver.org/in-houstons-third-ward-community-groups-are-fighting-for-equitable-development/|access-date=2020-12-28|website=The Texas Observer|language=en-US|archive-date=January 7, 2021|archive-url=https://web.archive.org/web/20210107115706/https://www.texasobserver.org/in-houstons-third-ward-community-groups-are-fighting-for-equitable-development/|url-status=live}}</ref> The endowment provides 40% of Rice's operating revenues.

In August 2021, an economic development agreement that would provide Rice Management Company with up to $65 million in cost reimbursement from local taxes was given initial approval by the Midtown Tax Increment Reinvestment Zone.<ref name=":4">{{Cite web |last=Whalen |first=Emma |date=2021-08-26 |title=Midtown TIRZ OKs infrastructure deal with Rice University around Ion campus |url=https://communityimpact.com/houston/heights-river-oaks-montrose/development/2021/08/26/midtown-tirz-oks-infrastructure-deal-with-rice-university-around-ion-campus/ |url-status=live |archive-url=https://web.archive.org/web/20210902043537/https://communityimpact.com/houston/heights-river-oaks-montrose/development/2021/08/26/midtown-tirz-oks-infrastructure-deal-with-rice-university-around-ion-campus/ |archive-date=September 2, 2021 |access-date=2021-09-09 |website=impact |language=English}}</ref> The agreement does not require a community benefits agreement in exchange for funding. Final approval requires a vote by the Houston City Council.<ref name=":4" />