Riser Foundation
- Assets
- $181.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 06/2010
- Data as of
- 12/2023
- EIN
- 27-0705026
Organization Overview
Riser Foundation is located in Nashville, TN. The organization was established in 2010. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riser 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 12/2023, Riser Foundation generated $183.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.1%) each year. All expenses for the organization totaled $83.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Riser Foundation has awarded 30 individual grants totaling $1,626,355. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
GRANTS AWARDED TO SPECIFIC CHARITABLE ORGANIZATIONS AND INDIVIDUALS CHOSEN BY THE OFFICERS AND BOARD MEMBERS OF THE FOUNDATION IN ACCORDANCE WITH THE PRIMARY PURPOSE OF RISER FOUNDATION'S EXEMPT STATUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick D Bentley President | 2 | $0 | |
James H Cheek IV Chief Financial Officer | 1 | $0 | |
Mary H Harrington Secretary | 2 | $0 | |
Jay Williams Vice President | 1 | $0 | |
Cassidy Bentley Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $183,548 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $345 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $183,893 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,249 |
| Total expenses | $83,342 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $171,995 |
| Other assets | $0 |
| Total assets | $181,678 |
| Total liabilities | $0 |
| Net assets or fund balances | $181,678 |
Grants Awarded
Over the last fiscal year, Riser Foundation has awarded $556,470 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
FOLLOW YOUR HEART ARTS PROGRAM PURPOSE: GENERAL SUPPORT | $10,000 |
LOVE ONE INTERNATIONAL PURPOSE: FUND THE CONSTRUCTION OF THE NEW LOVE ONE RESCUE CENTER | $100,000 |
MARTHA O'BRIEN CENTER PURPOSE: GENERAL SUPPORT | $15,000 |
MUSIC HEALTH ALLIANCE PURPOSE: GENERAL SUPPORT | $25,000 |
NASHVILLE PUBLIC LIBRARY FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
NASHVILLE SAFE HAVEN FAMILY SHELTER PURPOSE: GENERAL SUPPORT | $50,000 |