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Frances M & W W Rankin Memorial Trust 053191 - 32-4777700 is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 1992. The principal officer is Wachovia Bank Of Nc Na Ttee. It holds total assets of $2.7M. Annual income is reported at $1.2M. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in North Carolina. According to available records, Frances M & W W Rankin Memorial Trust 053191 - 32-4777700 has made 18 grants totaling $300K, with a median grant of $18K. The foundation has distributed between $138K and $162K annually from 2020 to 2022. Individual grants have ranged from $9K to $22K, with an average award of $17K. The foundation has supported 9 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$9K
Median Grant
$18K
Average Grant
$15K
Largest Grant
$18K
Based on 9 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Frances M & W W Rankin Memorial Trust 053191 - 32-4777700 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in NC.
Frances M & W W Rankin Memorial Trust 053191 - 32-4777700 has distributed a total of $300K across 18 grants. The median grant size is $18K, with an average of $17K. Individual grants have ranged from $9K to $22K.
Frances M & W W Rankin Memorial Trust 053191 - 32-4777700 typically selects its grantees rather than accepting unsolicited proposals.
Frances M & W W Rankin Memorial Trust 053191 - 32-4777700 is headquartered in SAINT LOUIS, MO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $39K | $0 | $39K |
Total Giving
$187K
Total Assets
$2.7M
Fair Market Value
$3.1M
Net Worth
$2.7M
Grants Paid
$148K
Contributions
N/A
Net Investment Income
$52K
Distribution Amount
$144K
Total: N/A
Total Grants
18
Total Giving
$300K
Average Grant
$17K
Median Grant
$18K
Unique Recipients
9
Most Common Grant
$18K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boys And Girls Home Of Nc IncGENERAL OPERATING | Lake Waccamaw, NC | $22K | 2022 |
| Nc State UniversityGENERAL OPERATING | Raleigh, NC | $22K | 2022 |
| Davidson College EndowmentGENERAL OPERATING | Davidson, NC | $22K | 2022 |
| St Andrews Presbyterian CollegeGENERAL OPERATING | Laurinburg, NC | $22K | 2022 |
| William Peace UniversityGENERAL OPERATING | Raleigh, NC | $22K | 2022 |
| Boys And Girls ClubsGENERAL OPERATING | Raleigh, NC | $22K | 2022 |
| Masonic Home For Children At OxfordGENERAL OPERATING | Oxford, NC | $11K | 2022 |
| Presbyterian Homes IncGENERAL OPERATING | Colfax, NC | $11K | 2022 |
| Masonic & Eastern Star Home NcGENERAL OPERATING | Greensboro, NC | $11K | 2022 |