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Rise Opportunity Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2021. The principal officer is Co Mary Ignell. It holds total assets of $258K. Annual income is reported at $1M. Total assets have grown from N/A in 2020 to $258K in 2024. Programming, workshops, direct engagement and mentorship for underrepresented high school and college students for both academic and career development aimed at insurance industry careers with the goal of promoting racial and economic diversity and providing professional and educational opportunities for those students . According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Rise Opportunity Foundation has made 4 grants totaling $1.5M, with a median grant of $500K. Annual giving has grown from $525K in 2021 to $1M in 2022. Individual grants have ranged from $25K to $500K, with an average award of $381K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Tennessee and New York. Contributions to this foundation are tax-deductible.
Programming, workshops, direct engagement and mentorship for underrepresented high school and college students for both academic and career development aimed at insurance industry careers with the goal of promoting racial and economic diversity and providing professional and educational opportunities for those students .
Expenses: $537K
Programming, workshops, direct engagement and mentorship for underrepresented high school and college students for both academic and career development aimed at insurance industry careers with the goal of promoting racial and economic diversity and providing professional and educational opportunities for those students . Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in TN, NY.
Rise Opportunity Foundation has distributed a total of $1.5M across 4 grants. The median grant size is $500K, with an average of $381K. Individual grants have ranged from $25K to $500K.
Rise Opportunity Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rise Opportunity Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
N/A
Total Assets
$258K
Fair Market Value
N/A
Net Worth
$258K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$1.5M
Average Grant
$381K
Median Grant
$500K
Unique Recipients
2
Most Common Grant
$500K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fisk UniversityGeneral Support | Nashville, TN | $500K | 2022 |
| Spencer Educational Foundation IncGeneral Support | New York, NY | $25K | 2021 |