Phoenix Rising Hope Foundation

PROSPECT, KY EIN: 84-7068875

Phoenix Rising Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PROSPECT, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $693K in total assets. In 2024, it awarded 2 grants totaling $30K. Net investment income was $45K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$693K

+30.6% YoY

Annual Giving

$30K

-20.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$15K

-20.0% YoY

Under IRS private-foundation payout rules, Phoenix Rising Hope Foundation reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.

About Phoenix Rising Hope Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $91K (78%)

Florida $25K (22%)

States

Florida Kentucky

Cities

LouisvilleTemple Terrace

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$692,954	$530,489	$610,669
Revenue	$49,429	$5,061	$88,869
Expenses	$35,829	$43,057	$43,548
Qualifying Distributions	$31,388	$39,075	$39,500
Net Investment Income	$44,987	$9,781	$84,821
Distributable Amount	$32,442	$29,709	$29,480

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

7 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Florida College ($25,000), The Parklands ($5,000).

Recipient	Purpose	Amount
THE PARKLANDS LOUISVILLE, KY	GENERAL SUPPORT	$5,000
FLORIDA COLLEGE TEMPLE TERRACE, FL	AMPHITHEATER REMODEL	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ANNETTE COX	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Phoenix Rising Hope Foundation?

Phoenix Rising Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PROSPECT, KY. It holds $693K in total assets as of 2024.

How large is Phoenix Rising Hope Foundation?

As of 2024, Phoenix Rising Hope Foundation holds $693K in total assets with $49K in annual revenue. It awarded 2 grants totaling $30K in 2024.

Where does Phoenix Rising Hope Foundation operate?

Phoenix Rising Hope Foundation has awarded grants in Florida, Kentucky.

What size grants does Phoenix Rising Hope Foundation award?

In 2024, Phoenix Rising Hope Foundation awarded 2 grants totaling $30K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is Phoenix Rising Hope Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Phoenix Rising Hope Foundation reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Phoenix Rising Hope Foundation's EIN?

Phoenix Rising Hope Foundation's EIN (Employer Identification Number) is 84-7068875. IRS Form 990 filing data is available on this page for 2020–2024.