I-Rise Foundation
- Assets
- $4.7m
- Revenue
- $152.8k
- Investments
- $4.6m
- Employees
- 0
- Location
- Irvine, CA
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 32-0484253
Organization Overview
I-Rise Foundation is located in Irvine, CA. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I-Rise Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, I-Rise Foundation generated $152.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.5%) each year. All expenses for the organization totaled $571.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, I-Rise Foundation has awarded 28 individual grants totaling $981,211. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean A Stoecker President | 2 | $0 | |
Angela Stoecker Chief Financial Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $139,361 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,408 |
| Capital Gain Net Income | $13,408 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $152,769 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,425 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $10,501 |
| Taxes | $75 |
| Depreciation | $729 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,109 |
| Total operating and administrative expenses | $61,051 |
| Contributions, gifts, grants paid | $510,000 |
| Total expenses and disbursements | $571,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $98,103 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,745,837 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, I-Rise Foundation has awarded $510,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SAMUELI ACADEMY PURPOSE: STUDENTS/EDUCATION | $250,000 |
LAURA'S HOUSE PURPOSE: DOMESTIC VIOLENCE SUPPORT | $100,000 |
Irvine, CA PURPOSE: CHILDREN/HEALTH | $100,000 |
Santa Ana, CA PURPOSE: YOUTH SERVICES | $25,000 |
VITAL LINK EDUCATION PURPOSE: STUDENTS/EDUCATION | $25,000 |
CAPITALIZE FOR KIDS FOUNDATION PURPOSE: YOUTH MENTAL HEALTH | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Conrad Prebys Foundation San Diego, CA | $0 | $206,775,032 |
Jay And Rose Phillips Family Foundation Of California San Francisco, CA | $0 | $58,236 |
Jay And Rose Phillips Family Foundation Of Colorado Redwood City, CA | $0 | -$205,157 |
Henry J Kaiser Family Foundation San Francisco, CA | $1,103,580,994 | $111,004,070 |
The Ahmanson Foundation Beverly Hills, CA | $0 | $54,356,398 |
Charles Huang Foundation Pasadena, CA | $65,868,960 | $116,144,816 |
Weingart Foundation Los Angeles, CA | $0 | $30,569,267 |
Engelstad Fam Foundation Las Vegas, NV | $835,390,513 | $95,367,626 |
Price Philanthropies Foundation La Jolla, CA | $497,968,777 | $37,892,208 |
Kavli Foundation Los Angeles, CA | $672,190,947 | $63,900,227 |
Oprah Winfrey Charitable Foundation Los Angeles, CA | $244,908,730 | $15,499,605 |