Friends of the Rising Sun Library Inc

RISING SUN, MD EIN: 52-1708330

Friends of the Rising Sun Library Inc is a private foundation focused on Education, based in RISING SUN, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.2M in total assets. Net investment income was $39K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

+14.1% YoY

Revenue

$55K

-16.7% YoY

Net Investment Income

$39K

+11.7% YoY

Expenses

$14K

-86.7% YoY

Under IRS private-foundation payout rules, Friends of the Rising Sun Library Inc reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.

About Friends of the Rising Sun Library Inc

Based on IRS filings

Friends of the Rising Sun Library Inc is a private foundation focused on Education, based in RISING SUN, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.2M in total assets. Net investment income was $39K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Elkton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$29K$57K$86K$115K2021202220232024
Metric202420232022
Total Assets$1,169,009$1,024,174$1,051,091
Revenue$54,616$65,568$39,740
Expenses$13,902$104,290$95,783
Qualifying Distributions$81,770$76,000
Net Investment Income$38,558$34,510$19,599
Distributable Amount$53,800$51,765$56,181

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$41K$61K$82K1 grants20211 grants20223 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

3<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RUTHANN LANDERPRESIDENT
CYNTHIA FITZPATRICKVICE PRESIDENT
ANTHONY MATTERNTREASURER
MELODY ANDERSONSECRETARY

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Friends of the Rising Sun Library Inc?

Friends of the Rising Sun Library Inc is a nonprofit organization focused on Education, based in RISING SUN, MD. It holds $1.2M in total assets as of 2024.

How large is Friends of the Rising Sun Library Inc?

As of 2024, Friends of the Rising Sun Library Inc holds $1.2M in total assets with $55K in annual revenue.

Where does Friends of the Rising Sun Library Inc operate?

Friends of the Rising Sun Library Inc has awarded grants in Maryland.

How much is Friends of the Rising Sun Library Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Friends of the Rising Sun Library Inc reported a distributable amount of $54K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Friends of the Rising Sun Library Inc's EIN?

Friends of the Rising Sun Library Inc's EIN (Employer Identification Number) is 52-1708330. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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