January 13, 2021

Rice and Lissette Families Double Utz Stock Donation to the Rice Family Foundation, Bringing Contribution to Hanover, PA Community to $20 Million

Families Deepen Contribution in Support of Local Health and Education Initiatives, as Utz Celebrates Centennial this Year

HANOVER, PA (BUSINESS WIRE) – After announcing their intent to make a donation of $10 Million of Utz stock to the Rice Family Foundation early last fall, the Rice and Lissette families – part of the third and fourth generations of the Utz family legacy – are now doubling their contribution.

This contribution of $20 million in Utz shares will allow the foundation to increase its annual giving by approximately 5 times, aiding local organizations supporting the education, health and general well-being of residents of Hanover and the broader central Pennsylvania community.