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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. Total assets have grown from $58K in 2011 to $342.5M in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. Funding is distributed across 5 states, including New York, California, New Jersey. 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 reported 71 individual grants totaling $42 million between 2020 and 2023 across its IRS Form 990-PF filings, with a median grant of $125,000. Half of those grants fell between $100,000 and $304,000. Its largest single grant in the record was $13 million. Its most recent available filing, for fiscal year 2023, reports $20 million in total giving.
The largest share of grants went to organizations in NY (33 of 71), followed by CA (13) and MD (6). In total the foundation's grantees span 10 states. Of its 33 distinct grantees, 58 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were National Philanthropic Trust ($14 million), Kings Road Charitable Fund ($11 million) and Kipp New York Inc ($3.0 million).
Computed from 71 individual grant records (2020–2023) in this foundation's IRS Form 990-PF Part XV filings, reaching 10 states. Source: IRS 990-PF.
Smallest Grant
$50K
Median Grant
$100K
Average Grant
$168K
Largest Grant
$500K
Based on 10 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Feroz Dewan | TRUSTEE | $0 | $0 | N/A |
| Erica Dewan | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$342.5M
Fair Market Value
N/A
Net Worth
$334.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 | 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 |
| All Our Kin IncGENERAL SUPPORT | New Haven, CT | $200K | 2023 |
| Empirical Resolution IncGENERAL SUPPORT | Ridgewood, NY | $200K | 2023 |
| The Trustees Of Columbia UniversityGENERAL SUPPORT | New York, NY | $125K | 2023 |
| Johns Hopkins University (Cty)GENERAL SUPPORT | Baltimore, MD | $125K | 2023 |
| Imagine WorldwideGENERAL SUPPORT | Mill Valley, CA | $100K | 2023 |
| QuestbridgeGENERAL SUPPORT | Palo Alto, CA | $100K | 2023 |
| Zearn IncGENERAL SUPPORT | New York, NY | $100K | 2023 |
| The Posse Foundation 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 |
| Leland Stanford Junior UniversityGENERAL SUPPORT | Redwood City, CA | $250K | 2022 |
| Ira Sohn Conference Foundation IncGENERAL SUPPORT | New York, NY | $250K | 2022 |
| Code OrgGENERAL SUPPORT | Seattle, WA | $250K | 2022 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD