Artemis Rising Foundation
- Assets
- $130.7m
- Revenue
- $29.3m
- Investments
- $111.5m
- Employees
- 0
- Location
- San Rafael, CA
- Founding
- 02/1994
- Data as of
- 12/2023
- EIN
- 68-0315880
Organization Overview
Artemis Rising Foundation is located in San Rafael, CA. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Artemis Rising 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, Artemis Rising Foundation generated $29.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $5.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
R Scully Pres/dir | 1 | $0 | |
Kenneth J Blum Secretary | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jp Morgan | 12/30/23 | $177,917 |
Kramer Blum And Associates Inc | 12/30/23 | $120,587 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,920,706 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,370,916 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,502 |
| Capital Gain Net Income | $608,200 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$13,976 |
| Total Revenue | $29,293,148 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $111,000 |
| Pension plans, employee benefits | $8,779 |
| Interest | $0 |
| Taxes | $105,158 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $21,061 |
| Printing and publications | $0 |
| Other expenses | $344,420 |
| Total operating and administrative expenses | $970,152 |
| Contributions, gifts, grants paid | $4,579,400 |
| Total expenses and disbursements | $5,549,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,286,019 |
| 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 | $106,256,092 |
| Net Land, buildings, and equipment | $6,875,000 |
| Other assets | $1,096,328 |
| Total assets | $130,731,727 |
| Accounts payable and accrued expenses | $91,946 |
| Grants payable | $1,000,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $60,437 |
| Total liabilities | $1,152,383 |
Grants Awarded
Over the last fiscal year, Artemis Rising Foundation has awarded $5,579,400 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE GRANT STATEMENT PURPOSE: SEE GRANT STATEMENT | $4,579,400 |
BARNARD COLLEGE PURPOSE: ENDOWED PROFESSORSHIP | $1,000,000 |