The Rise Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOWLING GREEN, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $141K in total assets. In 2024, it awarded 3 grants totaling $28K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$141K
-11.0% YoY
Annual Giving
$28K
-46.4% YoY
Grant Count
3
-50.0% YoY
Avg Grant Size
$9K
+7.2% YoY
Under IRS private-foundation payout rules, The Rise Foundation Inc reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
About The Rise Foundation Inc
Based on IRS filings
The Rise Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOWLING GREEN, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $141K in total assets. In 2024, it awarded 3 grants totaling $28K. Net investment income was $5K.
Focus Areas
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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 | $140,833 | $158,307 | $189,512 |
| Revenue | $12,319 | $26,037 | $6,448 |
| Expenses | $29,793 | $57,242 | $23,270 |
| Qualifying Distributions | $27,500 | $51,300 | $18,500 |
| Net Investment Income | $5,156 | $20,095 | $1,678 |
| Distributable Amount | $6,371 | $8,286 | $9,725 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hospice of Southern Ky Inc ($21,000), Lexington Challenger Tennis Charity ($4,000), Raise a Racquet Foundation ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| LEXINGTON CHALLENGER TENNIS CHARITY LEXINGTON, KY | CHARITY | $4,000 |
| HOSPICE OF SOUTHERN KY INC BOWLING GREEN, KY | CHARITY | $21,000 |
| RAISE A RACQUET FOUNDATION LOUISVILLE, KY | CHARITY | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TOM A PENNINGTON | PRESIDENT, D | — | — |
| HANNAH L THOMAS | SECRETARY, D | — | — |
| PORTIA B PENNINGTON | VP, TREASURE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Rise Foundation Inc?
The Rise Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOWLING GREEN, KY. It holds $141K in total assets as of 2024.
How large is The Rise Foundation Inc?
As of 2024, The Rise Foundation Inc holds $141K in total assets with $12K in annual revenue. It awarded 3 grants totaling $28K in 2024.
Where does The Rise Foundation Inc operate?
The Rise Foundation Inc has awarded grants in Kentucky, Texas.
What size grants does The Rise Foundation Inc award?
In 2024, The Rise Foundation Inc awarded 3 grants totaling $28K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is The Rise Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Rise Foundation Inc reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Rise Foundation Inc's EIN?
The Rise Foundation Inc's EIN (Employer Identification Number) is 20-3992108. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Rise Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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