Getting to Know Lacy Rice

Lacy Rice is a co-founder and managing partner of Federal Capital Partners. Lacy’s lifelong passion is serving on the Metropolitan Board of the Boys & Girls Clubs of Greater Washington. As the Resource Development Chair, he guides fundraising strategy to directly impact youth members in communities across the DMV. He has been a dedicated supporter for over 20 years. Lacy is married to Lisa, a PhD professor at The George Washington University; they have three children.
In his own words, Lacey shares his Boys & Girls Club experience.
Q:  Tell us a little bit about when and why you joined the board.
A:  I grew up in a small Boy’s Club in West Virginia and later served as chair of that board. When I moved to DC in late 1990s, a work colleague suggestion I join BGCGW.
Q:  What are your top areas of focus for the development committee?
A:  Growing revenue and creating more reliable revenue by developing six stable revenue platforms: grants, individual giving, events, a strong Foundation, corporate service and Metro and Regional board participation.

Q:  What are you most passionate about? Why?
A:  Helping underserved youth make the right decisions.  I care because I grew up with a lot of disadvantaged youth, saw how little it took to steer them one way or the other and appreciate the vital contribution Boys & Girls Clubs can play.

Q:  What is your favorite BGCGW memory?
A:  Any event where we interact with the kids. One of my favorite moments was when I took my kids (ages 8, 11, and 15) on a tour of Richard England Clubhouse 14. They were captivated instantly and wanted to join and were oblivious to what some adults would see as a cultural divide.

Q:  How has BGCGW influenced your life?
A:  It is a constant reminder of how blessed I’ve been and how rewarding it is to help others match their drive, talent, and optimism with opportunity.

Q:  What message do you have for future generations about the importance of philanthropy?
A:  If you are frustrated with the tribalistic acrimony that increasingly pervades our lives, spend a few hours at a Boys & Girls Club.  You’ll be reminded there is a lot of good in the world and a lot you can do if you “leave the screen” and volunteer.

Q:  If you could enact major change in the Greater Washington area, what would have the greatest impact on our community?
A:  I’ve lived here 20 years and have seen tremendous improvement in DC schools, services and quality of life.  Each day is better than the last. I remain convinced more and better youth development programs is the lynchpin to the region’s continued success. 

Q:  How do we turn philanthropy from a financial transaction into something that’s life – and world – changing?
A:  Just come to our Clubs for 10 minutes and you’ll be transformed.