Rise Scholarship Foundation Inc

ATLANTA, GA EIN: 27-2107377

Rise Scholarship Foundation Inc is a private foundation focused on Education, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $322K in total assets. In 2024, it awarded 2 grants totaling $52K. Net investment income was $14K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$322K

-11.4% YoY

Annual Giving

$52K

+89.1% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$26K

+183.6% YoY

Under IRS private-foundation payout rules, Rise Scholarship Foundation Inc reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.

About Rise Scholarship Foundation Inc

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $70K (87%)

North Carolina $10K (13%)

States

Georgia North Carolina

Cities

AtlantaBalsam

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$321,506	$362,959	$375,986
Revenue	$14,217	$16,103	$6,082
Expenses	$55,670	$29,130	$37,172
Qualifying Distributions	$52,000	$27,500	—
Net Investment Income	$14,217	$14,438	$3,530
Distributable Amount	$17,017	$18,129	—

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

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Howard School ($27,000), Chastain Horse Park ($25,000).

Recipient	Purpose	Amount
CHASTAIN HORSE PARK ATLANTA, GA	CHARITY	$25,000
THE HOWARD SCHOOL ATLANTA, GA	CHARITY	$27,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JENNIFER YOUNG	DIRECTOR	20	—
STEPHEN YOUNG	DIRECTOR	5	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Rise Scholarship Foundation Inc?

Rise Scholarship Foundation Inc is a private foundation focused on Education, based in ATLANTA, GA. It holds $322K in total assets as of 2024.

How large is Rise Scholarship Foundation Inc?

As of 2024, Rise Scholarship Foundation Inc holds $322K in total assets with $14K in annual revenue. It awarded 2 grants totaling $52K in 2024.

Where does Rise Scholarship Foundation Inc operate?

Rise Scholarship Foundation Inc has awarded grants in Georgia, North Carolina.

What size grants does Rise Scholarship Foundation Inc award?

In 2024, Rise Scholarship Foundation Inc awarded 2 grants totaling $52K — an average of about $26K per grant, based on its IRS Form 990 filings.

How much is Rise Scholarship Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Rise Scholarship Foundation Inc reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Rise Scholarship Foundation Inc's EIN?

Rise Scholarship Foundation Inc's EIN (Employer Identification Number) is 27-2107377. IRS Form 990 filing data is available on this page for 2020–2024.