Rise Scholarship Foundation Inc

Private foundation · Grantmaker 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.

Key facts about Rise Scholarship Foundation Inc

In short: Rise Scholarship Foundation Inc gave $52K across 2 grants in 2024 (avg $26K), mostly in Georgia. Source: 2024 IRS Form 990-PF.

EIN
27-2107377
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$52,000
Grants made (2024)
2
Average grant
$26,000
Median grant
$26,000
Total assets
$321,506
Primary geography
Georgia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$322K

-11.4% YoY

Annual Giving

$52K

+89.1% YoY

Grant Count

2

-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.

How Rise Scholarship Foundation Inc gives

  • In 2024 it paid out 306% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 2 itemized 2024 grant dollars.

Cities

AtlantaBalsam

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants20200 grants20210 grants20223 grants20232 grants2024

From 2023 to 2024, annual grant giving ranged from $28K (2023) to $52K (2024). In 2024 it made 2 grants totaling $52K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

The Howard School: $27KThe Howard School$27KChastain Horse Park: $25KChastain Horse Park$25K

The largest 2024 recipient was The Howard School ($27K). Together the top 2 received $52K.

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Howard School Atlanta, GACharity$27,000
Chastain Horse Park Atlanta, GACharity$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K20202021202220232024
Metric202420232022
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—

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Rise Scholarship Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jennifer Young

    Director

    On filings since 2020

    20 hrs/week

    No compensation reported

  • Stephen Young

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Rise Scholarship Foundation Inc

How much does Rise Scholarship Foundation Inc give each year?

Rise Scholarship Foundation Inc gave $52K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $28K across 3 grants.

How large is Rise Scholarship Foundation Inc?

Rise Scholarship Foundation Inc reported $322K in total assets on its 2024 IRS Form 990-PF. It paid out $52K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets).

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.

Where does Rise Scholarship Foundation Inc operate?

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

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.

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

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