Rise Education Fund
- Assets
- $552.3k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2021
- EIN
- 84-3954465
Organization Overview
Rise Education Fund is located in Los Angeles, CA. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Rise Education Fund 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, Rise Education Fund generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 6.3% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENSURING THE COST OF HIGHER EDUCATION NEVER PREVENTS STUDENTS FROM PURSUING THEIR DREAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
FREE COLLEGE ADVOCACY:RISE EDUCATION FUND RECRUITED AND TRAINED STUDENTS TO LEAD A NATIONAL FREE COLLEGE ADVOCACY CAMPAIGN IN SUPPORT OF BIDENS BUILD BACK BETTER AGENDA WHICH INCLUDED TWO YEARS OF TUITION-FREE COMMUNITY COLLEGE. ACTIVITIES INCLUDED SHARING STUDENT STORIES, COLLECTING PETITION SIGNATURES, AND MEETING WITH LAWMAKERS WASHINGTON D.C.
DIRECT STUDENT SUPPORT:CASE MANAGEMENT - BUILDING ON ITS WORK ADDRESSING STUDENTS BASIC NEEDS IN THE WAKE OF THE COVID-19 PANDEMIC, RISE EDUCATION FUND REFOCUSED THE STUDENT NAVIGATOR NETWORK, A PEER-TO-PEER CASE MANAGEMENT PROGRAM, AND BEGAN ESTABLISHING STUDENT NAVIGATOR NETWORKS ON COLLEGE CAMPUSES ACROSS THE COUNTRY. RISE BUILT PARTNERSHIPS WITH HIGHER EDUCATION ADMINISTRATORS TO DEVELOP THE TRUST AND SUPPORT NEEDED TO WORK WITH RISE TO INSTITUTIONALIZE THIS WORK, ULTIMATELY HIRING AND TRAINING STUDENT NAVIGATORS TO CONNECT PEERS EXPERIENCING BASIC NEEDS INSECURITY WITH LOCAL RESOURCES AND PUBLIC BENEFITS ON THEIR OWN CAMPUSES.VACCINE EDUCATION & MOBILIZATION - RISE EDUCATION FUND LAUNCHED THE ALL MY FRIENDS CAMPAIGN TO ENCOURAGE STUDENTS AND YOUTH TO GET THE COVID-19 VACCINE. RISE EDUCATION FUND HIRED AND TRAINED 150 STUDENTS IN DETROIT, ATLANTA AND NEW YORK CITY TO BE VACCINE EDUCATION & MOBILIZATION AMBASSADORS AND LEAD RELATIONAL ORGANIZING EFFORTS TO EDUCATE AND MOBILIZE PEERS TO GET VACCINATED IN THEIR COMMUNITIES. IN ADDITION, RISE PUBLISHED A COMPREHENSIVE GUIDE EDUCATING STUDENTS AND YOUTH ABOUT THE COVID-19 VACCINES AND DISPELLING COMMON MISINFORMATION AND MYTHS ABOUT THE VACCINES. IN TOTAL, RISE AMBASSADORS ENGAGED 10,000+ STUDENTS AND YOUNG PEOPLE IN CONVERSATIONS AROUND VACCINE EDUCATION AND MOBILIZATION.
STUDENT CIVIC PARTICIPATION:IN 2021, RISE EDUCATION FUND CONTINUED GROWING ITS BLACK THE VOTE PROGRAM - A TRAINING PROGRAM AND PATHWAY FOR BLACK COLLEGE STUDENTS TO EMBRACE THEIR POWER AND LEAD TRANSFORMATIONAL CHANGE ON THEIR CAMPUSES AND IN THEIR COMMUNITIES. RISE RECRUITED AN ADDITIONAL 500 BLACK STUDENTS WHO LEARNED HOW TO FIGHT VOTER SUPPRESSION AND MOBILIZE THEIR PEERS TO THE POLLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maxwell Lubin CEO | OfficerTrustee | 1 | $0 |
Liz Conn COO | OfficerTrustee | 1 | $0 |
Emelia Martinez Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,923,117 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,923,117 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,923,121 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $932,429 |
| Grants and other assistance to domestic individuals. | $7,386 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $122,596 |
| Fees for services: Accounting | $4,811 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,049 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $573 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $17,530 |
| Total functional expenses | $1,463,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $552,254 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $552,254 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $552,254 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $552,254 |
Grants Awarded
Over the last fiscal year, Rise Education Fund has awarded $932,429 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: FUND PROGRAM RELATED SERVICES | $920,870 |
Little Rock, AR PURPOSE: SCHOLARSHIPS | $5,780 |
Phoenix, AZ PURPOSE: RAISE FUNDS | $5,779 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Rise Education Fund has recieved totaling $1,429,145.
| Awarding Organization | Amount |
|---|---|
The Skoll Fund Mountain View, CA PURPOSE: GENERAL OPERATING SUPPORT | $500,000 |
Ecmc Foundation Minneapolis, MN PURPOSE: College Success | $350,000 |
Civic Nation Washington, DC PURPOSE: Covid-19 vaccine outreach | $106,700 |
New Profit Inc Boston, MA PURPOSE: PROGRAM EXPANSION | $100,000 |
College Futures Foundation Oakland, CA PURPOSE: STUDENT-CENTRIC PRACTICES PROGRAM GRANT | $100,000 |
College Futures Foundation Oakland, CA PURPOSE: STUDENT-CENTRIC PRACTICES PROGRAM GRANT | $95,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Philanthropic Ventures Foundation Oakland, CA | $36,414,979 | $20,169,103 |
Central Valley Community Foundation Fresno, CA | $105,414,980 | $19,266,870 |
Hispanics In Philanthropy Oakland, CA | $32,628,139 | $20,330,373 |
Women Donors Network San Francisco, CA | $11,762,739 | $21,849,859 |
Edwards Lifesciences Foundation Irvine, CA | $84,164,854 | $6,008,947 |
Just One Project Las Vegas, NV | $1,280,784 | $8,846,231 |
Asian Pacific Fund San Francisco, CA | $25,769,246 | $16,047,288 |
Mission Increase Tigard, OR | $936,883 | $5,775,075 |
Jewish Community Association Of Greater Phoenix Scottsdale, AZ | $31,119,150 | $6,708,831 |
American Muslim Community Foundation Fremont, CA | $4,272,850 | $7,338,552 |
Armenia Fund Inc Glendale, CA | $68,598,938 | $8,000,794 |
Childrens Legal Services Of San Diego San Diego, CA | $3,320,083 | $4,712,343 |