The RISARC Foundation is a philanthropic organization that provides resources and programs for economically challenged communities in the United States and abroad. Founded by Richard Stephenson, CEO of RISARC, LLC, the foundation works with its international branch, CCGI Foundation, to hold the fundraisers that benefit education, leadership, and the building of stronger communities.

Along with the CCGI Foundation, the RISARC Foundation recently announced its 3rd Annual Caribbean Classic Golf Invitational. The tournament generates charitable proceeds that have made a significant impact on young students; proceeds from 2006 were used to furnish technology learning centers, including 24 primary schools with 200 new Dell computers and 30 printers.