The Rising Sun Regional Foundation was created in 1994 by the City of Rising Sun in conjunction with the development of the Grand Victoria Casino and Resort by the Hyatt Corporation. The foundation began its grantmaking program in early 1997, which it has continued to implement.

It is now funded by the Rising Star Casino & Resort, owned by Full House Resorts, Inc., which makes monthly contributions to the foundation based on a percentage of its Adjusted Gross Revenue. The Rising Sun Regional Foundation grants program is designed to primarily benefit the residents of Ohio and Ripley counties and the City of Aurora in the State of Indiana.

Since its first grantmaking meeting in the late 90s, the Rising Sun Regional Foundation has awarded over $30 million in grants throughout southeastern Indiana.

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