Rise Opportunity Foundation
- Assets
- $1.0m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2021
- EIN
- 85-4212779
Organization Overview
Rise Opportunity Foundation is located in Chicago, IL. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rise Opportunity Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 .
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,950,000 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,950,001 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $186,782 |
| Other employee salaries and wages | $65,008 |
| Pension plans, employee benefits | $18,835 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $606 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,494 |
| Printing and publications | $0 |
| Other expenses | $10,268 |
| Total operating and administrative expenses | $387,963 |
| Contributions, gifts, grants paid | $525,000 |
| Total expenses and disbursements | $912,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,032,173 |
| 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 | $4,865 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,037,038 |
| 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, Rise Opportunity Foundation has awarded $525,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Nashville, TN PURPOSE: GENERAL SUPPORT | $500,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rise Opportunity Foundation has recieved totaling $950,000.
| Awarding Organization | Amount |
|---|---|
Patrick G And Shirley W Ryan Foundation Chicago, IL PURPOSE: GENERAL CHARITABLE OPERATIONS | $950,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Divine Savior Healthcare Inc Portage, WI | $146,404,206 | $99,548,163 |
Jackson Park Hospital Foundation Chicago, IL | $132,629,667 | $107,987,360 |
Avera St Marys Pierre, SD | $117,040,382 | $106,933,224 |
St Margarets Health Spring Valley Spring Valley, IL | $107,727,640 | $91,881,221 |
Procter & Gamble Benefit Plan Trust Cincinnati, OH | $69,184,153 | $97,679,425 |
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
Public Interest Registry Reston, VA | $67,348,678 | $103,286,594 |
University Pediatric Associates Inc Indianapolis, IN | $25,897,136 | $100,827,780 |
Alexian Brothers Ambulatory Group St Louis, MO | $321,335,814 | $68,677,417 |
Samaritas Detroit, MI | $92,322,257 | $101,009,415 |
Cckc4 Inc Wichita, KS | $1,278,082,464 | $69,570,660 |