NonprofitsNew Rising Ventures

Philanthropy, Voluntarism & Grantmaking Foundations

New Rising Ventures

SACRAMENTO, CA

Total revenue

$363K

Total expenses

$218

Net assets

$363K

Grants received

$363K

2 grants

EIN

991777494

Tax year

2024

Mission

New rising ventures supports early-stage, nonpartisan entrepreneurs and activists transforming our democracy through innovation and bridges a critical gap not fulfilled by traditional grantmakers or venture capital. Our signature four activities include investments and grantmaking, portfolio support, field building, and convenings.

Financials

FY 2024

Revenue

Contributions & grants$363K
Program service revenue
Investment income
Other revenue
Total revenue$363K

Expenses

Grants paid
Salaries & benefits
Fundraising$22
Other expenses$218
Total expenses$218
Total assets$423K
Net assets$363K

People

6 listed

NameRoleCompensation

DANIEL FORKKIO

TREASURER &

Board

1 hrs/wk

CARLISSIA GRAHAM

SECRETARY &

Board

1 hrs/wk

HAYWOOD L PERRY III

BOARD

Board

1 hrs/wk

AARON MITCHELL

BOARD

Board

1 hrs/wk

MEL OCHOA

BOARD

Board

1 hrs/wk

JESSICA SALINAS

PRESIDENT &

Board

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$300K
IN SUPPORT OF GENERAL OPERATIONS
2024
$63K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2024

Funded by

$363K from 2 funders · 2 grants · 2024

John D And Catherine T Macarthur

$300K · 1 grant · 2024

Tides Foundation

$63K · 1 grant · 2024

Details

EIN991777494
NTEE codeT12
Subsection03
Ruling date2024-08
Formed2024
Employees0
NEW RISING VENTURES — Mission, Financials & Grants Received | Grantivo