The Illinois State Capitol

Form 990-PFTax year 2024EIN 85-4212779

Rise Opportunity Foundation

A private foundation in Chicago, IL. Its return for tax year 2024 lists 2 grants and $535,000 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

5 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $535,000

    Grants listed
    2
    Assets, end of year
    $258,086
  • Tax year 2023

    $535,000

    Grants listed
    2
    Assets, end of year
    $327,964
  • Tax year 2022

    $500,000

    Grants listed
    1
    Assets, end of year
    $472,806
  • Tax year 2021

    $525,000

    Grants listed
    2
    Assets, end of year
    $1,037,038
  • Tax year 2020

    $0

    Grants listed
    0
    Assets, end of year
    $0

Grants paid in 2024

2 grants, largest first

As listed on the return.

  1. Fisk UniversityNashville, TN

    General support

    $500,000
  2. Spencer Educational Foundation IncNew York, NY

    General support

    $35,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education2 grants $535,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Tennessee1 grant $500,000
  2. New York1 grant $35,000

Officers, directors and trustees

5 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Patrick PhillipsPRESIDENT/CEO Hours 40Pay $198,500
  • Patrick G RyanDIRECTOR/CHAIRMAN/TREASURER Hours 1Pay $0
  • Shirley W RyanDIRECTOR/SECRETARY Hours 1Pay $0
  • Mary IgnellASSISTANT TREASURER Hours 1Pay $0
  • Dawn MooreASSISTANT SECRETARY Hours 1Pay $0

The return

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