Rise Opportunity Foundation
Rise Opportunity Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $258K in total assets. In 2024, it awarded 2 grants totaling $535K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$258K
-21.3% YoY
Annual Giving
$535K
+0.0% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$268K
+0.0% YoY
Under IRS private-foundation payout rules, Rise Opportunity Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
About Rise Opportunity Foundation
Based on IRS filings
Rise Opportunity Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $258K in total assets. In 2024, it awarded 2 grants totaling $535K.
Ready to take the next step with Rise Opportunity Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $258,086 | $327,964 | $472,806 |
| Revenue | $1,000,000 | $996,373 | $500,000 |
| Expenses | $1,069,878 | $1,141,215 | $1,064,232 |
| Qualifying Distributions | $1,066,681 | $1,134,477 | $1,051,117 |
| Net Investment Income | — | — | — |
| Distributable Amount | $13,262 | $19,295 | $30,797 |
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 Fisk University ($500,000), Spencer Educational Foundation Inc ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FISK UNIVERSITY NASHVILLE, TN | GENERAL SUPPORT | $500,000 |
| SPENCER EDUCATIONAL FOUNDATION INC NEWYORK, NY | GENERAL SUPPORT | $35,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PATRICK PHILLIPS | PRESIDENT/CEO | 40 | $198,500 |
| PATRICK G RYAN | DIRECTOR/CHAIRMAN/TREASURER | 1 | — |
| SHIRLEY W RYAN | DIRECTOR/SECRETARY | 1 | — |
| MARY IGNELL | ASSISTANT TREASURER | 1 | — |
| DAWN MOORE | ASSISTANT SECRETARY | 1 | — |
Frequently Asked Questions
How large is Rise Opportunity Foundation?
As of 2024, Rise Opportunity Foundation holds $258K in total assets with $1.0M in annual revenue. It awarded 2 grants totaling $535K in 2024.
Where does Rise Opportunity Foundation operate?
Rise Opportunity Foundation has awarded grants in New York, Tennessee.
What size grants does Rise Opportunity Foundation award?
In 2024, Rise Opportunity Foundation awarded 2 grants totaling $535K — an average of about $268K per grant, based on its IRS Form 990 filings.
How much is Rise Opportunity Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rise Opportunity Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rise Opportunity Foundation's EIN?
Rise Opportunity Foundation's EIN (Employer Identification Number) is 85-4212779. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rise Opportunity Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Green and Blue Foundation
CHICAGO, IL
Assets
—
Grants
3
Total Given
$51K
Above and Beyond Daycare Center
FAIRVIEW HEIGHTS, IL
Assets
—
Grants
0
Total Given
—
Primo Center for Women & Children
CHICAGO, IL
Assets
$9.7M
Grants
1
Total Given
$35K
RHS Foundation
MOLINE, IL
Assets
$1.1M
Grants
37
Total Given
$342K
Rose Lafferty Educational Fund Xxxxx9006
CHICAGO, IL
Assets
$3.4M
Grants
1
Total Given
$228K
The John Crerar Foundation
CHICAGO, IL
Assets
$991K
Grants
1
Total Given
$35K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Rise Opportunity Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Rise Opportunity Foundation to a real strategy.