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Dear Friends of RISE,

Every year, throughout the Memphis community, many of our hardest-working citizens fall short of their dreams and goals of improving their financial stability and providing a better quality of life for themselves and their families. As we try to build a workforce that supports local businesses, we sometimes fail to see the important role financial literacy plays in preparing local workers.

RISE Foundation was founded to provide opportunities and incentives for low-income workers seeking to increase their financial literacy. Our mission is to help people help themselves. By investing in our neighbors and empowering them with knowledge of basic financial skills, RISE puts people in a position to successfully achieve their goals. Among those goals are home ownership; microenterprise; post-secondary education; pur-chasing their first car; or simply saving for the future for the first time in their lives. And our work has a domi-no effect, with program participants sharing their knowledge with friends, family and colleagues.

The year 2016 capped another exciting year of growth for RISE, growth in the number of Memphians served, growth in some of our fundraising efforts, and growth in community awareness around the hard work and great accomplishments of program participants.

RISE is almost entirely dependent upon private funding from corporate and private citizens. We are so grateful to our long-time supporters and patrons, as well as new donors who are learning about the successes of our participants. RISE has truly proven to be a great investment in our community and we hope you will continue to contribute financially and help us share our story.

Terri Browne Linda Williams Chairman President & CEO RISE Board of Directors RISE Foundation

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Save Up, RISE Foundation’s matched-savings account pro-gram, is designed to help low-wage earners learn to manage their income; improve their credit; save money; purchase assets such as homes, computers and post-secondary education; and even establish their own micro-enterprises.

Save Up applicants must be employed, prefera-bly full-time; be 18 years or older and head of their household; and maintain an MHA Section 8 Housing Choice Voucher or be eligible for the earned income tax credit.

RISE teaches participants to create a budget based on their personal income and expenses and to establish bank ac-counts and purchase assets. After participants complete financial education classes, RISE helps them open a special savings account that requires them to deposit $25-$75 per month for six consecutive months. After six months of saving, RISE matches each dollar saved with two dollars, tripling participants’ savings and making it possible to save a combined total of $3,000.

RISE then helps participants obtain asset-specific training as needed, at no cost to the participant. For example, those saving for homeownership are required to complete a home-buyer education workshop and attend quarterly Homebuyer Club meetings. Participants who want to start a micro-en-terprise receive training with a partner agency, which pre-pares them to be successful small business owners. Finally, RISE will help participants purchase the asset for which they have saved up.

S A V E U P

PARTICIPANT PURCHASES(May 2015 – April 2016)

• 3 Home Purchases (8 pending homeowners as of April 30, 2016)

• 1 Home Improvement• 3 Computers• 16 Vehicles• 10 Micro-Enterprises• 1 Tuition

Total Assets Created this FY: $453,425.71

IMPACT

To date, Save Up has helped 685 working families accumulate savings and/or assets worth a combined total of more than $7.1 million. Our 2016 year-end Save Up survey shows:

• Participants have an average of $3,086 in reserve for emergencies

• 92 percent of participants say that they still follow a budget

• 92 percent currently have health insurance for all members of their family

• 83 percent consider themselves in a better financial position

• 83 percent continue to save money

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Common Cents is a workplace financial education program

that teaches people the proper way to manage their

money. Employee financial stress can result in decreased

productivity, higher rates of tardiness, absenteeism and

turnover, higher healthcare costs and wage garnishment.

One in five employees has financial problems significant

enough to affect productivity, and those employees will

spend many hours trying to resolve those problems while

on the job. Providing workers with the tools they need

to improve their personal financial stability benefits both

employees and their employers.

Common Cents curriculum topics include banking,

budgeting, debt management, spending strategies and

retirement planning. Classes are available to nonprofits,

businesses and church groups. Common Cents provides

valuable tools to help boost workers’ financial well-being.

C O M M O N C E N T S

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Goal Card teaches public school students in grades 5-12, who live in ZIP code 38126, how to set and achieve academic, financial and life goals. The incentive program provides structured academic mentoring and support from adult volunteers, who lend their time and insight to provide ongoing encouragement and guidance.

Students earn points for their achievements, which are redeemable for school supplies, gift cards and small electronic items. They can also choose to bank their points for even bigger rewards.

This program is made possible with financial and volunteer support from International Paper and MassMutual.

STUDENT SPOTLIGHT: Tierney Blair

As a Goal Card participant and Melrose High School student, Tierney proved herself to be an outstanding scholar who consistently set positive goals and achieved

them. Throughout high school, she maintained a 3.0 GPA while keeping up with extracurricular activities, including volleyball, basketball and the spirit team. Goal Card participants have been shown to outperform their peers, with 100 percent continuing on to higher education – including Tierney, who’s now pursuing her college education at Middle Tennessee State University. RISE helped set Tierney on the path to success, and the skills,

knowledge and tools she acquired through the Goal Card program will stay with her for a lifetime.

G O A L C A R D

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Goal Card Participants VSState, County, Schoolwide Peers

Goal card participants consistently out score their peers in Graduation rate and attendance. Participants at Booker T. Washington High School have an average GPA of 2.74 and those at Melrose have an average GPA of 2.87.

Graduation Rate Attendance

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S I L V E R N E I G H B O R S

O U R B O A R D

NEIGHBORS

OFFICERSTerri S. Browne, ChairExecutive Vice President, Chief People Officer - Sedgwick CMS

Herman Strickland, SecretarySenior Credit OfficerPinnacle Financial Partners

Marianne Parrs, Finance ChairCommunity Volunteer

Kristin Lockhart, Board Development ChairDirector of Recruiting ServicesAdams Keegan, Inc.

Lisa M. Cook, Development ChairSenior Vice President & Trust OfficerFirst Tennessee Bank

Teresa Cheeks Wilson, Initiative/Program ChairCommunity Devlopment SpecialistFederal Reserve Bank of St. Louis, Memphis Branch

Michael Bruno, Past Board ChairVice President of Business DevelopmentAdams Keegan, Inc.

BOARD MEMBERS

Marsh CampbellCommunity Volunteer

Angela L. DixonSenior Vice President, Commercial & Business Banking Sales ManagerSunTrust Bank, Memphis

William CapoothDirector, Supply Chain Support/Customer Satisfaction, AutoZone

Dana L. PointerController & Chief Compliance Officer

Preserver Partners, LLC

Stephanie ScurlockAnchor, WREG TV

LaTonya Taylor – Program Participant RepresentativeHead Start Site DirectorPorter Leath

Chad M. WilgenbuschAttorney, Baker Donelson Bearman Caldwell & Berkowitz

Brian K. WoodsDirector of Finance, NIKE US

Teresa T. MorrisMemphis District Manager

Wells Fargo

Crystal R. OliverManaging DirectorFedEx Express CorporationRecruitment, HR Corporate Support and Training

Jerry Corless - Managing PartnerMass Mutual Mid-South Financial Group

Margaret R. JohnsonPrincipal, The Law Office of Margaret Johnson

Paul BlanchardVice President of Supply Chain, Industrial PackagingInternational Paper

David C. Lenoir, Development Co-ChairShelby County Trustee

Jason LeeExecutive Vice President, CFOOrion Federal Credit Union

Sheena Harper-Nelson, Program Participant RepresentativeEligibility Counselor II, Tennessee Department of Human Services

Robert LipscombFounder & Chair Emeritus

Carla Peacher-Ryan (Legal Counsel) Baker Donelson Bearman Caldwell & Berkowitz

This year has been an exciting and productive year for our Silver Neighbors program, which empowers older adults to make better choices about their finances. Trained volunteer ambassadors travel to community sites such as senior centers, churches and housing developments to educate seniors about topics such as scams and fraud, Medicare, life insurance products, budgeting and benefits. These learning circles help seniors better understand their financial circumstances and become more knowledgeable about the services available to them in the community.

Silver Neighbors has now served more than 1,000 Shelby County seniors and will continue to reach more. In 2016, we increased our number of learning sites from 94 to 101. This is largely thanks to the diligent work of our peer volunteers. We also reached our goal of recruiting 20 senior volunteers, who are involved in every aspect of the program.

Also in 2016, we began training with financial institutions First Tennessee Bank and Orion Credit Union to educate their employees about helping to protect older adults from financial exploitation.

Silver Neighbors is supported by the Plough Foundation’s CREA Initiative and the Kemmons Wilson Family Foundation.

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INDIVIDUALSAnonymousAngelia AllenDarwin BeardClaire B. BeckerJill and Joel BellPaul BlanchardCarlton BoatrightGrant BoucekRuby BrightTerri BrownGwen and Michael BrunoDr. and Mrs. James BryantDeloris J. Burrow Zachary BuseyMarsh CampbellScott CannonFrank CantrellLaura and William CapoothCindi A. and Dennie C. CareyNancye ClaxtonThomas A. ClevesLisa M. CookLisa and Jeff CookBarbara CooleyCharlotte and Richard CooperDeborah Cotney in Honor of

Linda WilliamsMinnie CrawfordAshley and Jonathan CullumLolita Kay DavisMary DayDaniel and Barbara DennisCaprice DevereuxJeanne and John DuffyBarbara and Curtis DuronsletCurtis Duronslet Jr.Deborah EctorCarol D. ElkinsKarissa EllisDr. Theora EvanAlan FergusonMr. and Mrs. Dave FerraroMr. and Mrs. Randy FlattJacquelene and David FlaumMr. and Mrs. Robert FogelmanHugh FraserJay Healy Bruce GalbaMarcia GarnerLydia and John GibsonLucia and Jim GillilandKaren and John GoreeTheodore T. HalleckCarolyn Chism HardySheena Harper-Nelson

Jay HealyBenjamin P. HollowayRebecca and Noel HutchinsonAngela JacksonCaleb A. JamisonMargaret JohnsonLatanya Y. Johnson-ScarboroughHappy JonesJoseph Andrew JonesSarah J. KefferMichelle KellerKevin KentHolly and T. Scott KnowltonMilton KnowltonSusan and Lynn KrigbaumMelissa and Jason LeeDavid LenoirBob and Diane LeopoldAndrew LessinKristin and Anthony LockhartKaren MadlockEstella Mayhue-GreerTheresa and John McDowellAngela and Charles MenifieldJessica MickeyKaren MitchellRicco MitchellRyan Matthew MontgomeryBetty and Jackson MooreAnn MorganLisa MyersC. Lynn NelsonMarianne ParrsCarla Peacher-RyanMartha Perine-BeardDana PointerDana and Leviticus PointerDonna RenfroRev. Eric L. RichardsonBeverly C. RobertsonEdna RobinsonDonna S. Renfro Tracey W. RosasLinda Nguyen RoseThomas RouseKerra SaineMary SchaalGreg SheltonAnn F. SmithD.C. StephensHerman StricklandLaurie and Mark SuttonRyan TaylorShelia TerrellStephanie Schurlock ThortonRobert Trabucco

Floyd TylerVerna B. VaughnRegina WalkerEstella WallsRonald A. WalterWalker WellfordTimothy WhalenGlynis WhiteLaura and Chad WilgenbuschLinda WilliamsTeresa WilsonMr. and Mrs. Brian K. Woods

FOUNDATIONSAnonymous Christoval FoundationCommunity Foundation of

Greater MemphisDonna and Dave Nelson Family

FoundationFirst Tennessee FoundationHope Christian Community

Foundation, INCInternational Paper FoundationJustin Dustin Buckman

Charitable Trust

The Kemmons Wilson Family Foundation

Ole Miss Grant Advisory, L.PPlough FoundationWomens Foundation for A

Greater MemphisMassMutual FoundationSchadt FoundationSchwab CharitableWells Fargo Foundation

COMPANIES Adams Keegan, Inc.AutoZoneBoyle Insurance Agency, Inc.Case Management, Inc.Cocaine Alcohol Awareness

Program, Inc. - Family FirstCumminsDixon Hughes Goodman LLPFedEx CorporationHope Federal Credit UnionING Erisa Litigation Settlement

FundInternational Paper

KHOL’S CareKrogerLockhart & AssociatesMagna BankMemphis Area Legal ServicesMid-South Financial GroupNIKEOrion Federal Credit UnionRing Container TechnologiesSedgwick CMSTechnologyx, Inc.Waddell and AssociatesWatkins UiberallWhitehorn Tankersley & Davis,

PLLC

CHURCHESBrown Missionary Baptist ChurchIdlewild Presbyterian Church

GOVERNMENTMemphis Light, Gas and Water

DivisionShelby County Government

O U R D O N O R S

EXPENSES n Goal Card 31%n Save Up 17%n Common Cents 3%n Silver Neighbors 5%n Summer Youth 4%n Management/General 25%n Development 15%Total 100%

FY 2016 Expenses $975,785

REVENUESn Contributions 61%n Special Events 9%n Government Grants 1%n Interest/Dividends 2%n Program Services/Other 27%Total 100%

FY 2016 Revenues $ 1,092,757

OUR FINANCES Fiscal year for RISE is May 1 through April 30.

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OUR MISSION & VISION

RISE Foundation, a 501 (c) (3) nonprofit organization, empowers people in the Greater Memphis community to become self-sufficient by building and sustaining human and financial assets. We’ve pioneered strategies that help entry-level wage earners budget, save and accumulate assets. We use innovative techniques to equip adults, students and seniors with the financial literacy tools they need to transform their lives. Our work has led to a deeper understanding of the larger community issues working against families in Memphis and Shelby County. To learn more about what we do and how you can support us, visit www.risememphis.org.

2650 Thousand Oaks BoulevardSuite 2400 Memphis, TN 38118 901-507-6644

2650 Thousand Oaks Blvd.Suite 2400 Memphis, TN 38118