RISE Foundation
2650 Thousand Oaks Boulevard
Ste 2400
Memphis TN 38118
Contact Information
Address 2650 Thousand Oaks Boulevard
Ste 2400
Memphis, TN 38118
Telephone 901 507-6644
E-mail linda@risememphis.org
Mission Statement

To empower people to become self-sufficient by building and sustaining human and financial assets.  

 
“The curse of poverty has no justification in our age. . . . The time has come for us to civilize ourselves by the total, direct and immediate abolition of poverty.”--Martin Luther King, Jr.

The curse of poverty is the cause of many of our country’s worst problems – from crime to illness to hopelessness and despair. From the outside, we are the wealthiest nation in the world, often referred to as the land of opportunity.  But there are deep pockets of poverty, tucked away in patches of our nation -  especially in Memphis.  Memphis has more than its share of people living in poverty – 26.2 percent, compared with 14.3 percent nationwide. Ours is the highest poverty rate for an urban community our size in the country. Our city is also awash with predatory lenders (payday lenders, check cashing stores, and title loan operations) taking advantage of the unfortunate and uninformed, and trapping the working poor in a cycle of debt. In Memphis today, the reality is that more people are sliding backward than are advancing. The effects of poverty are not just felt in “poor” neighborhoods.  

 

RISE has a bold vision for Memphis – RISE will transform the financial well-being of low income working people, thereby improving the community. And we have proven programs that turn this vision into a reality. This vision for Memphis is not out of reach. People in Memphis can have financial independence and hope. RISE is ready. RISE teaches low income working people to make better financial decisions that will improve their lives – and the community.  Our programs are among the most innovative and successful in the country. 

We pay for what we don’t know.”

Web and Social Media
Other ways to Donate, Support, or Volunteer

Donations accepted from individual and institutions, Government and Foundation grants;  Employees can designated RISE as beneficiary for United Way donations; Tennessee Employees Charitable Campaign; Online donations accepted via Global Giving.

Volunteers assist with special programs and activities; Seniors who desire to share information pertaining to efforts to prevent financial fraud should contact RISE. 


Leadership
CEO/Executive Director Ms. Linda Williams
Board Chair Ms. Terri Browne
Board Chair Company Affiliation Sedgwick Claims Management
History and Background
Year of Incorporation 1999
Financial Summary
 
 
Projected Revenue $1,217,000.00
Projected Expenses $1,199,838.00
Comments
CEO/Executive Director Comments

I worked for 32  years helping families to move from governmental dependency to employment that will allow them to support their families.  Having the opportunity to work at RISE has allowed me to see how families can not "just get by" on low wages but actually securing asset goals for their families.  It's amazing how families with low income can do far more than they thought was possible by just learning and putting into action financial skills and techniques that RISE provides in their facilitated classes. 

Working at RISE helps me to continue my passion for helping families to maximize their limited resources.  RISE is not a place of employment but a place where true impact is made on the lives of those who are struggling financially.  
Statements
Mission

To empower people to become self-sufficient by building and sustaining human and financial assets.  

 
“The curse of poverty has no justification in our age. . . . The time has come for us to civilize ourselves by the total, direct and immediate abolition of poverty.”--Martin Luther King, Jr.

The curse of poverty is the cause of many of our country’s worst problems – from crime to illness to hopelessness and despair. From the outside, we are the wealthiest nation in the world, often referred to as the land of opportunity.  But there are deep pockets of poverty, tucked away in patches of our nation -  especially in Memphis.  Memphis has more than its share of people living in poverty – 26.2 percent, compared with 14.3 percent nationwide. Ours is the highest poverty rate for an urban community our size in the country. Our city is also awash with predatory lenders (payday lenders, check cashing stores, and title loan operations) taking advantage of the unfortunate and uninformed, and trapping the working poor in a cycle of debt. In Memphis today, the reality is that more people are sliding backward than are advancing. The effects of poverty are not just felt in “poor” neighborhoods.  

 

RISE has a bold vision for Memphis – RISE will transform the financial well-being of low income working people, thereby improving the community. And we have proven programs that turn this vision into a reality. This vision for Memphis is not out of reach. People in Memphis can have financial independence and hope. RISE is ready. RISE teaches low income working people to make better financial decisions that will improve their lives – and the community.  Our programs are among the most innovative and successful in the country. 

We pay for what we don’t know.”

Background

Just like the moons and like suns,
With the certainty of tides,

Just like the hopes springing high,

Still I rise.

 

~Maya Angelou

‘Still I Rise’


The RISE Foundation, whose name was inspired by this poem, was established in 1999 as the brainchild of the Community Foundation of Greater Memphis, Memphis Housing Authority and United Way of the Mid-South.

RISE was born to raise expectations above poverty, bankruptcy and foreclosure; above unemployment, crime and self-destruction; and above depression, anger and apathy.

RISE was initially designed to help Memphis public housing residents achieve financial self-sufficiency, thereby making the city a healthier place. Through community support, we’ve expanded tremendously over the years to serve a broader demographic.

Through strategies that have been pioneered and continuously refined, RISE has developed unique expertise in helping entry-level wage earners to budget, save and accumulate assets. Our work has led to a deep understanding of the larger community issues working against families in Memphis and Shelby County.

 

Impact

A partnership between the Community Foundation of Greater Memphis, the Memphis Housing Authority and the United Way of the Mid-South led to the creation of RISE in October 1999. With its original mission to help public housing residents achieve financial independence, and on a first year budget of only $22,000, RISE served 48 families and helped them create assets of $83,000. Since that time, we’ve provided over 702 families with financial information that has assisted them with purchasing their first large assets, helping to reduce poverty. We’ve encouraged over 800 youth/annually to excel in school. We’ve improved the money management skills of over 2,000 area employees. And we’ve come together with a network of organizations through Transition to Success (TTS) willing to work with families in our community to treat the condition of poverty with direct services, collaboration and advocacy.

 
To date, support of our work has created over $7.3 million in assets in the City of Memphis. Through our programs and partnerships, RISE has developed proven strategies for teaching entry-level wage earners to budget, save and accumulate assets. Our work has led to a deep understanding of the larger issues that work against families in Memphis and Shelby County and has helped families in our community rise above poverty, bankruptcy, unemployment and foreclosure. RISE empowers people to stand on their own feet financially and have long-term financial sustainability. 
 
RISE seeks a total of $10 million in donor commitments over the next five years. This philanthropic investment will allow us to serve more working families, provide additional training, prepare more students and more effectively advocate for change.

 


Needs

Our vision for a new Memphis is a bold one. But together, with your commitment, we can make this new Memphis a reality. There is not another organization like RISE that is able to facilitate financial literacy and asset development.  The recent financial crisis shone a harsh spotlight on our vulnerabilities in Memphis, and the number of people facing foreclosure and financial ruin has increased dramatically. Action is now required to build on our important work and improve conditions in Memphis and our surrounding area.  Throughout the years, while we have increased the number of families served, our budget just has not kept pace. Your investment in RISE now will pay a handsome social return by eliminating poverty for many thousands of your fellow Memphians and thereby enriching us all! RISE seeks a total of $10 million in donor commitments over the next five years. This philanthropic investment will allow us to serve more working families, provide additional training, prepare more students and more effectively advocate for change. 

Expansion of programs for adults to increase their financial capacity - $10,119,057

Expansion of programs for youth that will motivate positive behavior and inform their future financial decisions - $ 2,737,409


CEO/Executive DirectorComments It is increasingly difficult to pick up the morning paper without seeing reminders of what is wrong with Memphis.  Violent crimes are on the rise. Foreclosures continue to negatively impact neighborhood stability. School metal detectors now compete for academic dollars.  As a result, tax-paying citizens who can afford to leave are relocating to neighboring counties, thus eroding our tax base. Yet the mission of a city is to create an environment that promotes prosperity for its citizens.  RISE took up that mission in 2000, and has worked passionately and purposefully with financially vulnerable families to help them build and sustain assets that can counteract this undertow.  666 families have created over $6.7 m in personal assets. These families started our Save Up program with less than $200 each.  With RISE incentives, over 200 elementary, junior high and high school students in 38126 have consistently outperformed their peers in attendance, grades and conduct.   Last year, Common Cents - RISE’s workplace financial education program - brought nearly 1,200 Memphians information, strategies and techniques that set them on a path to lower debt, improved credit and a clearer understanding of how to create assets.  For every dollar you give, RISE can create three dollars in assets.   Assets strengthen families.    Capable families strengthen neighborhoods. Strong neighborhoods create higher revenue.   And all of Memphis wins. Now that’s newsworthy!
Board Chair Statement

Despite an improvement in overall economic trends, low-income earners still often find themselves left behind without the means to elevate their circumstances. How do we build a better Memphis for all of our citizens? Through Responsibility, Initiative, Solutions, Empowerment—that’s RISE.

Our life-changing work empowers people to improve their financial decision-making through a combination of tools, resources and incentives. The RISE program shows participants how a disciplined approach can help them to build not only tangible assets, such as homes and dependable automobiles, but also intangible ones, most significantly, a better way of life for their families and themselves.

Serving more than 3,000 people annually, RISE offers core programs—Goal Card, Save Up, Common Cents and Silver Neighbors—to keep participants on the track to success. The organization’s strategic partnership with some 15 government and nonprofit agencies increases the ability to affect meaningful change in the lives of our citizens.

The commitment of the RISE staff to meeting and exceeding our goals and objectives is second to none. With the unflagging support of a strong board of directors, RISE continues to transform lives. Our collective dedication to serving others is enhanced by:

  • The training of our staff in the “Transition to Success” Model that many nonprofits are using in collaboration to treat poverty in the Memphis community.

  • The expansion of our Goal Card program to Fayette County through the support of Ring Technologies and several other businesses, bringing Goal Card to five sites in the Mid-South.

  • In fall of 2014, Goal Card expanded to Fayette County through the support of Ring Technologies and several business in Fayette County;

  • Our ongoing participation in the Program for Nonprofit Excellence (PNE), through the Alliance for Nonprofit Excellence.

  • Annual fundraising galas.

  • Our continuing role as an active and supportive board of directors who are passionately involved in RISE programs and fundraising efforts.

We invite you to learn more about the life-changing work of this organization and the people we serve—hard-working and committed individuals who work to better themselves and their families’ lives through our programs.


Thank you for supporting RISE. By becoming part of our mission, you will help ensure that RISE continues to improve the lives of the working poor and low-income earners in Memphis.

Terri S. Browne,Chairman,

RISE Board of Directors

 

Areas of Service
Areas Served
Area
TN - Shelby County

RISE empowers the residents throughout Memphis and Shelby County to build and sustain financial assets. More than 700+ students participate in RISE’s innovative Goal Card program in five different sites as of April, 2015. The majority of the students live in the 38126 zip code/community and have far exceeded the expectations of their peers, as well as some of their parents.  


Board Chair
Board Chair Ms. Terri Browne
Company Affiliation Sedgwick Claims Management
Term May 2015 to Apr 2016
Email terri.browne@sedgwickcms.com
Board Co-Chair
Board Co-Chair Mr. Chad Wilgenbusch
Company Affiliation Baker Donelson Bearman Caldwell & Berkowitz
Email cwilgenbucsh@bakerdonelson.com
Board of Directors
Board Members
NameAffiliation
Ms LaTonya Taylor Porter Leath
Mr Paul Blanchard International Paper
Mr Joy Bowen Pinnacle Financial Partners
Ms Terri Browne Sedgwick
Mr. Michael Bruno Bluebird Homecare, INC
Mr Marsh Campbell Community Volunteer
Mr William Capooth AutoZone
Ms Lisa Cook First Tennessee Bank
Mr. Daniel Dennis Mass Mutual
Ms Angela Dixon SunTrust Bank
Ms Margaret Johnson Ewing Moving & Storage
Mr Jason Lee Orion Federal Credit Union
Mr David Lenior Shelby County Government
Ms Kristin Lockhart Adams Keegan
Ms Teresa Morris Wells Fargo Bank
Ms Sheena Nelson TN Department of Human Services
Ms Crystal Oliver FedEx Express
Ms Marianne Parrs Community Volunteer
Ms Dana Pointer PreserverPartners, LLC
Ms Stephanie Scurlock WREG TV
Mr Chad Wilgenbusch Baker Donelson
Mr Brian Woods NIKE, US
Board Demographics - Ethnicity
African American/Black 11
Asian American/Pacific Islander 0
Caucasian 11
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Demographics - Gender
Male 8
Female 14
Unspecified 0
Governance
Board Term Lengths 3
Board Term Limits 0
Board Meeting Attendance % 70
Written Board Selection Criteria? Yes
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100
Number of Full Board Meetings Annually 5
Standing Committees
Board Development / Board Orientation
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Program / Program Planning
Executive
Comments

RISE currently has a diverse Board of Directors that includes two Save Up participants (one position on the RISE Executive Committee is designated for a program participant) to guide the organization in fundraising, program development/outcomes as well as fiduciary responsibilities.  Outcomes are important to the organization, and continuous program evaluation and measurements of outcomes is something that is constantly review by the Board and included in the RISE Annual report.  RISE also contracts for an annual financial audit in order to be accountable for the use of funds that have been entrusted to the organization from government, corporate, foundations and individual donors. 


The staff at RISE is extremely small and accounting services are provided on a contractual basis rather than in-house.  This allows the organization to focus staff energies on direct services to the community.

Executive Director
Executive Director Ms. Linda Williams
Experience

Linda L. Williams, MSSW, is president and CEO of the RISE Foundation (Responsibility, Initiative, Solutions and Empowerment). The mission of RISE is to empower low income families to become self-sufficient by building and sustaining human and financial assets. Previously Linda devoted thirty-two years of her career to working with the Tennessee Department of Human Services, in positions ranging from a Welfare Specialist to the Administrative Director of Shelby County which is the largest urban county in the State. Linda received her undergraduate degree in social work from Southern Illinois University at Carbondale, and her Master of Science in Social Work from the University of Tennessee at Knoxville with a concentration in administration and planning. She also co-authored Business Behaving Well: Social Responsibility, from Learning to Doing, edited by Ron Elson. The portion of the book written by Linda, shares her work with Tennessee’s Welfare Reform efforts, while preparing clients to work at FedEx in Memphis. Her work created a national model that was highlighted by Health and Human Services in Washington, D.C. and initiated the creation of similar models in other states.  

Staff
Full Time Staff 10
Part Time Staff 0
Volunteers 50
Contractors 1
Plans
Organization has a Fundraising Plan? Yes
Organization has a Strategic Plan? Yes
Years Strategic Plan Considers 2
Date Strategic Plan Adopted Apr 2016
Management Succession Plan? Yes
Organization Policy and Procedures Yes
Nondiscrimination Policy Yes
Whistleblower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy Yes
Comments
Organization Comments

RISE is a lean organization with only ten employees but a host of volunteers who provide services to individuals and families in the community.  The President/CEO has responsibility of youth programs (Goal Card) based on her extensive background in Child Welfare Services.  She is also responsible for the senior program (Silver Neighbors) in addition to all fundraising efforts (grants and private donations).  The COO has responsibility of Adult programs (Save Up and Common Cents) due to her experience and background in the development of the Save Up Program.  She is also responsible for Human Resources and financial services which include payroll.

 

Goal Card, Save Up, Common Cents staff are all responsible for direct services to program participants and manage volunteers that are crucial to the RISE Service Delivery system.  The Silver Neighbors program is managed by a part-time contractor.  The individual manages the volunteer ambassadors that work with seniors in “Learning Groups” around the city of Memphis.   

Programs
Description Save-UP Save-UP is a program for working Memphis and Shelby County residents who live in public housing. Save-UP combines economic literacy training and Independent Development Accounts (savings accounts for low-income people)to accomplish self-suffciency and first step wealth creation. MoneyWise MoneyWise is abasic economic program RISE has developed for unemployed or underemployed residents of Memphis Housing Authourity. The purpose of MoneyWiseis to help residents who do not qualify for the Save-UP to understand money and how their actions with money can make a difference in their life and the lives of their families. The program emphasizes budgeting, credit repair, and predatory lending. IP Village IP Village merges the resources of International Paper and the International Paper Foundation along with the expertise of IP volunteers for the benenfit public housing residents with mentoring, tutoring, job shodowing, and lifeskills training. Children, adults, and seniors are awarded points for accomplishments, which may be redeemed at the IP Store. For example, school age children are rewarded each six weeks for improved graded, attendance and conduct through field trips, classrooms paper products, books and educational toys. IP Village is a national prototype, as HUD reports being unaware of partnerships of this type ever being developed. Memphis Debt Collaborative The Memphis Debt Collaborative is a group if organizations , businesses, government agentcies and individuals interested in jointly addressing Memphis and Shelby County's status as the "Bankruptcy Capital of America." With RISE providing the staff support and resouces, 150 businesses, nonprofits and organizations have met regularly over the past two years to explore how to reduce bankrutcies, lower debt, repair credit, and educate consumers about how to avoid becoming victims of predatory lending. As of June 4, 2004, Memphis bankruptcies were 6.9% lower than in 2003 while national bankruptcy rates were down less than 1%. Recently, memphisdebt.org, a financial literacy website, was made available to help citizens begin to solve problems associated with debt. Askew Place Askew Place is a developement of 25 new homes located acrss the street from Cleaborn Homes, one of the largest public housing developments in Memphis. Memphis Housing Authority is making it possible for participants in RISE's Save-UP program to relocate from public housing to one of these homes while actively participating in and remaining in good standing in Save-Uwhile removing them from distraction and negative forces that might work to impede their progress. Work Place Initiative (WPI) After five years of experience in self-sufficiency training, financial literacy education, and gaining a deeper understanding fo the effects of bankruptcy, foreclosure, bad credit and preditory lending, RISE is in a unique position to have a broader impact on the Memphis community. Although many learning 's have been based on public housing, there is much that is transferable to the community at large. As a result, RISE has embarked on the Work Place Initiative, funded by United Way of the Mid-South, to take the modules of financial literacy into the work place.
Population Served Poor,Economically Disadvantaged,Indigent
Short Term Success

Moving forward, RISE seeks increased funding to provide direct services to Memphis residents. We currently serve over 2,500 participants annually. We will significantly increase the number of participants, thus having a greater impact on the community. We will accomplish this by partnering with community social service organizations and through the increased use of technology. This will increase our effectiveness, and strengthen the relationships we have with our partners.

 

 


Long Term Success

Our vision for a new Memphis is a bold one. There is not another organization like RISE that is able to take on important policy issues while still facilitating financial literacy and asset development. 

 

  • Expanding the Save Up program to the hardest hit areas in Memphis through collaboration and partnerships and increase service from 100 to 200 participants annually.

 

  • Increasing the number of Common Cents participants by providing train-the-trainer workshops for our nonprofit partners.

  •  Increase the impact of the services that we provide working collaborative with our Transition to Success (TTS) partners to reduce the condition of poverty in the Memphis
  •  

  • Increasing the number of Goal Card students from 700+ to 900 at six sites.

     

  • Serving as an incubator for new community initiatives that can be developed by RISE, then adopted by our partners.

  •  Using technology to increase access to our programs and services, including  


Description
  • Goal Card, an incentive-based program launched in 2003, focuses specifically on students living in the College Park and Foote Homes developments (zip code 38126). Goal Card focuses on goal-setting and improvement in grades, conduct and attendance. As students earn points for accomplishing their goals, they can either redeem for specific items offered each six-week period or bank points for future redemptions. Currently 700 students are regularly participating members of Goal Card. In addition to outperforming their peers in elementary and middle school, Goal Card high school students have a 90% graduation rate with all graduating seniors to date enrolled in post-secondary institutions. 
Population Served Children and Youth (0 - 19 years)
Short Term Success


Long Term Success

 

Description

The Silver Neighbors program is an initiative of RISE, serving older adults in Shelby County. The program aims to improve economic security for older adults by providing financial literacy education through community settings frequented by seniors. Silver Neighbors utilizes trained senior volunteers to deliver these lessons to seniors through topic toolkits developed by RISE. These volunteers lead groups at community centers, senior housing, churches, and other groups which serve older adults.

In the first year of Silver Neighbors, more than 700 seniors were served at over 30 sites in the community. These seniors participated in workshops led by older adult volunteers on topics including avoiding scams, accessing benefits, and understanding life insurance products. The program also features a service provider training series, connecting staff at partner sites with experts on issues affecting senior economic security, and community educational seminars focused on topics selected by older adults in the program.

  


Population Served Elderly and/or Disabled
Short Term Success

As we move forward with the Silver Neighbors program, we will undertake the following activities over the course of the next year:

1. Support senior service practitioners by providing educational events focusing on topics related to economic security.
 
2. Promote age-friendly banking, utilization of banking services, and the benefits of mainstream financial institutions to older adults.
 
3. Continue disseminating information regarding financial product offerings, services, and organizations to older adults through learning circles hosted by community organizations.
 


Long Term Success

Older adults expressed concern about understanding and accessing available benefits including Medicare supplement plans, confusion regarding memorial products and their value, questions regarding scams and fraud, interest in the Go Direct transition and the effects on beneficiaries, and a lack of clarity regarding life insurance products that they may already own or be interested in purchasing.  As a result of RISE's Silver Neighbors progras, we expect to see an increase in participants with bank accounts and older adults receiving more available benefits

CEO/ED/Board Comments

As Memphis continues to have a high poverty rate rather, the programs of RISE are needed now more than ever.  As we continue to work with low wage earners on how to improve their financial choices, the services are needed now more than ever.  As we work on improving the skills of our workforce, it would be wise for employers to support programs such as Save Up and Common Cents to help their employees to make better financial choices with the resources they have as opposed to drowning in debt or creating bills when unexpected events/needs arise ( car repairs, hospital stay, etc.).  Families who have successfully completed RISE programs demonstrate that even with low incomes, they can not only make “ends meet” but also can make them over-lap with emergency savings.  


The RISE Goal Card program is similar because if we can give students the skills and techniques they need to make sound financial choices, our children will be prepared to use them when selecting their next steps after graduation from high school.  They will also know that additional education will allow them to earn more for their families, and help not only themselves, but the entire community. In addition, more citizens will be able to  pay taxes and be involved in the economic growth of Memphis.


Sound financial choices of seniors is even more important due to their limited ability to increase their revenue.  However, one poor decision can create a financial crisis that will almost be impossible to recover from (financial exploitation).  Therefore, financial literacy is something that is needed at every stage of life, but must be presented in a different manner (Silver Neighbor Learning Circles) in order for those involved to embrace and understand.


Every program that RISE has seeks to “empower people to become self-sufficient by building and sustaining both human and financial assets.  If  the Shelby County Human Services delivery system could only embrace this concept, Memphis could move from being a Metropolitan community with one of the  highest rates of poverty to one with a much lower rate of poverty. RISE programs have demonstrated that this is possible.

Fiscal Year
Fiscal Year Start May 01, 2016
Fiscal Year End Apr 30, 2017
Projected Revenue $1,217,000.00
Projected Expenses $1,199,838.00
Spending Policy Income Only
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201520142013
Foundation and
Corporation Contributions
$632,296$516,920$650,985
Government Contributions$0$113,909$209,336
Federal------
State------
Local------
Unspecified$0$113,909$209,336
Individual Contributions------
$0$0$0
$6,013$6,900$17,704
Investment Income, Net of Losses$55,731$33,166$56,229
Membership Dues$0$0$0
Special Events$41,796$46,794$0
Revenue In-Kind$0$0$0
Other$21,513$125,428$1,698
Expense Allocation
Fiscal Year201520142013
Program Expense$565,742$711,393$740,491
Administration Expense$195,258$187,158$181,740
Fundraising Expense$138,766$109,758$109,637
Payments to Affiliates------
Total Revenue/Total Expenses0.840.820.91
Program Expense/Total Expenses63%71%72%
Fundraising Expense/Contributed Revenue21%16%13%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$2,023,914$2,077,033$2,308,101
Current Assets$501,158$582,917$876,890
Long-Term Liabilities$158,846$88,118$45,324
Current Liabilities$84,045$66,600$80,101
Total Net Assets$1,781,023$1,922,315$2,182,676
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities5.968.7510.95
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets8%4%2%
Capital Campaign
Currently in a Capital Campaign? No
State Charitable Solicitations Permit
Solicitations Permit
TN Solicitation LetterView
TN State Charitable Solicitations View
TN State Charitable SolicitationsView
TN State Charitable SolicitaionsView
Comments
Organization Comments

RISE is strong in the area of Financial Accountability.  Accounting services are contracted out to a firm that specializes in nonprofit accounting.  The monthly financials are reviewed by the President/CEO, COO and the RISE Board Finance Committee.  The financials are reconciled with monthly deposits and reviewed by staff/Board Finance Committee based on operational needs of the organization. Financial Accountability is a strong area for RISE.

 

When RISE looked at ways to develop earned income to support the work of the organization, the  “Common Cents” product was developed.  It was the hope of RISE that nonprofit and for profit organizations would be willing to pay for the services based on the financial needs of entry level employees that seemed to dominate the Shelby County workforce.  However, the services were requested, but few were willing to pay for the service even when offered an introductory classes that produced exceptional evaluations.  RISE, since that time, has been able to secure several national grants to provide Common Cents to employees in the Memphis community but so far has not been able to market the “Common Cents” product in a way to generate additional earned income for the organization.   

 

Address 2650 Thousand Oaks Boulevard
Ste 2400
Memphis, TN 38118
Primary Phone 901 507-6644
Contact Email linda@risememphis.org
CEO/Executive Director Ms. Linda Williams
Board Chair Ms. Terri Browne
Board Chair Company Affiliation Sedgwick Claims Management

 

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