The Arise Charitable Trust
- Assets
- $6.0m
- Revenue
- $388.2k
- Investments
- $5.8m
- Employees
- 0
- Location
- Freeland, WA
- Founding
- 12/1986
- Data as of
- 09/2024
- EIN
- 91-1350780
Organization Overview
The Arise Charitable Trust is located in Freeland, WA. The organization was established in 1986. 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. Arise Charitable Trust 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 09/2024, Arise Charitable Trust generated $388.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 32.9% each year . All expenses for the organization totaled $300.1k during the year ending 09/2024. While expenses have increased by 0.1% per year over the past 5 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.
Since 2020, Arise Charitable Trust has awarded 310 individual grants totaling $1,471,668. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO INDVIDUALS SEE DETAIL ON PART XIV
GRANTS TO CHARITABLE ORGANIZATIONS SEE DETAIL ON PART XIV
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C W Edwards Edwards Assoccpa's Trustee/mgr | 4 | $14,400 | |
Christy Newman Trustee | 0.1 | $0 | |
Anne Pettit Trustee | 0.05 | $0 | |
Barbara Yeakel Trustee | 0.05 | $0 | |
Lydia Bochsler Trustee | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $220,375 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $163,878 |
| Capital Gain Net Income | $163,878 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,903 |
| Total Revenue | $388,161 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,982 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,192 |
| Total operating and administrative expenses | $50,386 |
| Contributions, gifts, grants paid | $249,750 |
| Total expenses and disbursements | $300,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $214,854 |
| 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 | $19,251 |
| Total assets | $5,993,256 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $89,303 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $6,127 |
| Total liabilities | $95,430 |
Grants Awarded
Over the last fiscal year, The Arise Charitable Trust has awarded $308,651 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
ALLY LYNCH PURPOSE: EDUCATIONAL SCHOLARSHIP | $8,848 |
ANIKA HANSON PURPOSE: HELP FOR DOMESTIC ABUSE VICTUMS | $4,000 |
HELPING HAND OF SOUTH WHIDBEY PURPOSE: SUPPORT FOR WHIDBEY WOMEN IN FINACIAL DISTRESS | $15,000 |
EMMA BAKER PURPOSE: EDUCATIONAL SCHOLARSHIP | $5,000 |
KARALEE BERGSMA PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,592 |
KILYNN TAKSONY PURPOSE: EDUCATIONAL SCHOLARSHIP | $5,000 |