| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GRANT THORNTON TAX FEES | 10,865 | 0 | 0 | 19,615 |
| Grantee's Name | Grantee's Address | Grant Date | Grant Amount | Grant Purpose | Amount Expended By Grantee | Any Diversion By Grantee? | Dates of Reports By Grantee | Date of Verification | Results of Verification |
|---|---|---|---|---|---|---|---|---|---|
|
CARRICK CHAMBERS |
THE QUAYS CARRICK - ON O SHANNON CO. LEITRIM EI |
2024-01-02 | 1,000 | TO FUND WEBSITE UPDATES | 1,091 | NONE | 2/20/2024 | 2024-02-20 | THE RISE COMMUNITY FUND AIMS TO ADDRESS THE RURAL DIGITAL DIVIDE AND AWARDS5 MONTHLY GRANTS OF 1,000 EACH TO EMPOWER LOCAL BUSINESSES, COMMUNITYGROUPS, FARMS AND SOCIAL ENTERPRISES TO ENHANCE THEIR DIGITAL STRATEGY. THEFUND OFFERS AN IMMEDIATE FINANCIAL INJECTION INTO THE LOCAL COMMUNITY,BOOSTING THE DIGITAL ECOSYSTEM. ALL POTENTIAL GRANTEES MUST SUBMIT ADETAILED APPLICATION TO THE FOUNDATION AND ONLY THOSE GRANTEES THAT MEETELIGIBILITY CRITERIA RECEIVED GRANT FUNDS. THE FOUNDATION REQUESTSRECEIPTS, INVOICES OR OTHER DOCUMENTATION TO ENSURE THAT THE EXPENDITURE ALIGNS WITH OUR TAX-EXEMPT MISSION. |
|
SCOIL MHUIRE NAOFA BOM |
LONGFORD ROAD CARRIGALLEN CO. LEITRIMH12 HK79 EI |
2024-01-02 | 1,000 | TO FUND EDUCATION KITS FOR CODING & ENGINEERING | 1,091 | NONE | 2/20/2024 | 2024-02-20 | THE RISE COMMUNITY FUND AIMS TO ADDRESS THE RURAL DIGITAL DIVIDE AND AWARDS5 MONTHLY GRANTS OF 1,000 EACH TO EMPOWER LOCAL BUSINESSES, COMMUNITYGROUPS, FARMS AND SOCIAL ENTERPRISES TO ENHANCE THEIR DIGITAL STRATEGY. THEFUND OFFERS AN IMMEDIATE FINANCIAL INJECTION INTO THE LOCAL COMMUNITY,BOOSTING THE DIGITAL ECOSYSTEM. ALL POTENTIAL GRANTEES MUST SUBMIT ADETAILED APPLICATION TO THE FOUNDATION AND ONLY THOSE GRANTEES THAT MEETELIGIBILITY CRITERIA RECEIVED GRANT FUNDS. THE FOUNDATION REQUESTSRECEIPTS, INVOICES OR OTHER DOCUMENTATION TO ENSURE THAT THE EXPENDITURE ALIGNS WITH OUR TAX-EXEMPT MISSION. |
|
ALLAN KELLY FARM |
CREAGH DRUMSHANBO CO. LEITRIMN41 EY73 EI |
2024-01-02 | 1,000 | TO FUND PURCHASE OF APP, IPAD & TRACKER | 1,092 | NONE | 2/20/2024 | 2024-02-20 | THE RISE COMMUNITY FUND AIMS TO ADDRESS THE RURAL DIGITAL DIVIDE AND AWARDS5 MONTHLY GRANTS OF 1,000 EACH TO EMPOWER LOCAL BUSINESSES, COMMUNITYGROUPS, FARMS AND SOCIAL ENTERPRISES TO ENHANCE THEIR DIGITAL STRATEGY. THEFUND OFFERS AN IMMEDIATE FINANCIAL INJECTION INTO THE LOCAL COMMUNITY,BOOSTING THE DIGITAL ECOSYSTEM. ALL POTENTIAL GRANTEES MUST SUBMIT ADETAILED APPLICATION TO THE FOUNDATION AND ONLY THOSE GRANTEES THAT MEETELIGIBILITY CRITERIA RECEIVED GRANT FUNDS. THE FOUNDATION REQUESTSRECEIPTS, INVOICES OR OTHER DOCUMENTATION TO ENSURE THAT THE EXPENDITURE ALIGNS WITH OUR TAX-EXEMPT MISSION. |
|
KILLENUMMERY MENS SHED |
DROMORE DROMAHAIR CO. LEITRIM EI |
2024-01-02 | 1,000 | TO FUND COMPUTER TRAINING FOR COMMUNITY | 1,092 | NONE | 2/20/2024 | 2024-02-20 | THE RISE COMMUNITY FUND AIMS TO ADDRESS THE RURAL DIGITAL DIVIDE AND AWARDS5 MONTHLY GRANTS OF 1,000 EACH TO EMPOWER LOCAL BUSINESSES, COMMUNITYGROUPS, FARMS AND SOCIAL ENTERPRISES TO ENHANCE THEIR DIGITAL STRATEGY. THEFUND OFFERS AN IMMEDIATE FINANCIAL INJECTION INTO THE LOCAL COMMUNITY,BOOSTING THE DIGITAL ECOSYSTEM. ALL POTENTIAL GRANTEES MUST SUBMIT ADETAILED APPLICATION TO THE FOUNDATION AND ONLY THOSE GRANTEES THAT MEETELIGIBILITY CRITERIA RECEIVED GRANT FUNDS. THE FOUNDATION REQUESTSRECEIPTS, INVOICES OR OTHER DOCUMENTATION TO ENSURE THAT THE EXPENDITURE ALIGNS WITH OUR TAX-EXEMPT MISSION. |
|
NORTH LEITRIM WOMEN'S CENTRE |
BEE PRK COMMUNITY CENTRE MANORHAMIL ON CO. LEITRIM EI |
2024-01-02 | 1,000 | TO FUND WEBSITE UPDATES & COMPUTER TRAINING | 1,092 | NONE | 2/20/2024 | 2024-02-20 | THE RISE COMMUNITY FUND AIMS TO ADDRESS THE RURAL DIGITAL DIVIDE AND AWARDS5 MONTHLY GRANTS OF 1,000 EACH TO EMPOWER LOCAL BUSINESSES, COMMUNITYGROUPS, FARMS AND SOCIAL ENTERPRISES TO ENHANCE THEIR DIGITAL STRATEGY. THEFUND OFFERS AN IMMEDIATE FINANCIAL INJECTION INTO THE LOCAL COMMUNITY,BOOSTING THE DIGITAL ECOSYSTEM. ALL POTENTIAL GRANTEES MUST SUBMIT ADETAILED APPLICATION TO THE FOUNDATION AND ONLY THOSE GRANTEES THAT MEETELIGIBILITY CRITERIA RECEIVED GRANT FUNDS. THE FOUNDATION REQUESTSRECEIPTS, INVOICES OR OTHER DOCUMENTATION TO ENSURE THAT THE EXPENDITURE ALIGNS WITH OUR TAX-EXEMPT MISSION. |
| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990-PF, PART II, LINE 6 | RISE GLOBAL FOUNDATION HAS ESTABLISHED A SHARED SERVICES AGREEMENT WITHA DISQUALIFIED PERSON, RISE RURAL IRELAND COMPANY, LTD (RISE RURAL).SERVICES ARE RENDERED AT FAIR MARKET VALUE AND THE AMOUNTS REFLECTED ONTHE BALANCE SHEET REPRESENT ACCRUED REVENUE FROM THE PROVISION OFCERTAIN GRANT ADMINISTRATION SERVICES TO RISE RURAL. | |
| FORM 990-PF, PART II, LINE 20 | TO FACILITATE ITS INITIAL START-UP, THE RISE GLOBAL FOUNDATION RECEIVED FUNDING FROM A DISQUALIFIED PERSON THAT IT HAS IDENTIFIED AS A NOTE RECEIVABLE ON ITS BALANCE SHEET. THE "LOAN" TO THE FOUNDATION IS AN INTEREST-FREE LOAN AND IN CALENDAR YEAR 2024, A PORTION OF THAT LOAN WAS FORGIVEN. THE FOUNDATION RECORDED THIS FORGIVEN LOAN AS A GRANT ON PART I, LINE 1. AS OF DECEMBER 31, 2024, THE BALANCE OF THE INTEREST-FREE LOAN IS $30,000; IT IS ANTICIPATED THE LOAN WILL EITHER BE FULLY PAID OFF OR FORGIVEN IN 2025. |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEINBURG HANSON LEGAL FEES | 15,027 | 0 | 0 | 14,781 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING AND PROMOTION | 19,312 | 0 | 1,894 | 17,499 |
| TECHNOLOGY | 15,417 | 0 | 10,762 | 4,682 |
| BUSINESS REGISTRATION FEES | 3,500 | 0 | 0 | 3,500 |
| SUPPLIES | 2,262 | 0 | 0 | 2,262 |
| TELEPHONE AND TELECOM | 1,446 | 0 | 0 | 1,481 |
| INSURANCE | 1,061 | 0 | 0 | 0 |
| PAYROLL PROCESSING FEE | 885 | 0 | 0 | 885 |
| OTHER EXPENSES | 591 | 0 | 0 | 2,353 |
| BANK FEES | 552 | 0 | 0 | 552 |
| ANNUAL REPORT FEES | 418 | 0 | 0 | 418 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| GRANT ADMINISTRATION REVENUE | 43,027 | 43,027 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROGRAMMATIC CONSULTING | 82,600 | 0 | 30,371 | 52,229 |
| CONTRACT SERVICES | 123,892 | 0 | 0 | 123,892 |