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Also known as: C/O ACADIA FAMILY OFFICE
Rise8 Foundation is a private trust based in HUNT VALLEY, MD. The foundation received its IRS ruling in 2009. The principal officer is % Tiger Global. It holds total assets of $342.5M. Annual income is reported at $49.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Rise8 Foundation has made 71 grants totaling $42.1M, with a median grant of $125K. Annual giving has grown from $12.1M in 2020 to $19.2M in 2023. Individual grants have ranged from $500 to $13.4M, with an average award of $593K. The foundation has supported 33 unique organizations. The foundation primarily supports organizations in Pennsylvania, Maryland, New York, which account for 59% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Rise8 Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 71 grants. Its grantmaking reaches organizations primarily in PA, MD, NY.
Rise8 Foundation has distributed a total of $42.1M across 71 grants. The median grant size is $125K, with an average of $593K. Individual grants have ranged from $500 to $13.4M.
Rise8 Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rise8 Foundation is headquartered in HUNT VALLEY, MD. While based in MD, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Feroz Dewan | TRUSTEE | $0 | $0 | $0 |
| Erica Dewan | TRUSTEE | $0 | $0 | $0 |
Total Giving
$19.7M
Total Assets
$301M
Fair Market Value
$301M
Net Worth
$301M
Grants Paid
$19.2M
Contributions
$0
Net Investment Income
$24.6M
Distribution Amount
$14.5M
Total: $0
Total Grants
71
Total Giving
$42.1M
Average Grant
$593K
Median Grant
$125K
Unique Recipients
33
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tiger FoundationSEE EXPENDITURE RESPONSIBILITY STATEMENT NO. 1 | New York, NY | $100K | 2023 |
| National Philanthropic TrustGENERAL SUPPORT | Jenkintown, PA | $13.4M | 2023 |
| Khan Academy IncGENERAL SUPPORT | Mountain View, CA | $2.3M | 2023 |
| Kipp New York IncGENERAL SUPPORT | Bronx, NY | $1M | 2023 |
| TalkingpointsGENERAL SUPPORT | San Francisco, CA | $334K |
| 2017 | 990PF | View |
| 2023 |
| Commonlit IncGENERAL SUPPORT | Somerville, MA | $333K | 2023 |
| Coop CareersGENERAL SUPPORT | New York, NY | $333K | 2023 |
| The Trustees Of Princeton UniversityGENERAL SUPPORT | Princeton, NJ | $250K | 2023 |
| Empirical Resolution IncGENERAL SUPPORT | Ridgewood, NY | $200K | 2023 |
| All Our Kin IncGENERAL SUPPORT | New Haven, CT | $200K | 2023 |
| Johns Hopkins University (Cty)GENERAL SUPPORT | Baltimore, MD | $125K | 2023 |
| The Trustees Of Columbia UniversityGENERAL SUPPORT | New York, NY | $125K | 2023 |
| QuestbridgeGENERAL SUPPORT | Palo Alto, CA | $100K | 2023 |
| The Posse Foundation IncGENERAL SUPPORT | New York, NY | $100K | 2023 |
| Imagine WorldwideGENERAL SUPPORT | Mill Valley, CA | $100K | 2023 |
| Zearn IncGENERAL SUPPORT | New York, NY | $100K | 2023 |
| Waterford Institute IncGENERAL SUPPORT | Taylorsville, UT | $67K | 2023 |
| Teach For All IncGENERAL SUPPORT | New York, NY | $20K | 2023 |
| Pennys Flight Foundation IncGENERAL SUPPORT | Glen Cove, NY | $15K | 2023 |
| Room To ReadGENERAL SUPPORT | San Francisco, CA | $10K | 2023 |
| Gay Men'S Health Crisis IncGENERAL SUPPORT | New York, NY | $500 | 2023 |
| Character LabGENERAL SUPPORT | Baton Rouge, LA | $1M | 2022 |
| Code OrgGENERAL SUPPORT | Seattle, WA | $250K | 2022 |
| Ira Sohn Conference Foundation IncGENERAL SUPPORT | New York, NY | $250K | 2022 |
| Leland Stanford Junior UniversityGENERAL SUPPORT | Redwood City, CA | $250K | 2022 |
| Friends Of Raising The Village IncorporatedGENERAL SUPPORT | New York, NY | $50K | 2022 |
| Thread IncGENERAL SUPPORT | Baltimore, MD | $50K | 2022 |
| Asphalt Green IncGENERAL SUPPORT | New York, NY | $50K | 2022 |
| Educators For ExcellenceGENERAL SUPPORT | New York, NY | $50K | 2021 |
| Transcend IncGENERAL SUPPORT | Hastings Hdsn, NY | $50K | 2021 |
| Singapore America School FoundationGENERAL SUPPORT | Princeton, NJ | $50K | 2021 |
| Kings Road Charitable FundGENERAL SUPPORT | Hunt Valley, MD | $11M | 2020 |
| See Attachment 1GENERAL SUPPORT | Hunt Valley, MD | $1.1M | 2020 |
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