//
Work at this foundation?
Claim this profile to edit this page and see interest from grant seekers.
Michael D Rankin Family Foundation Inc. is a private corporation based in HARRODSBURG, KY. The foundation received its IRS ruling in 2019. It holds total assets of $225K. Annual income is reported at $60K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Michael D Rankin Family Foundation Inc. has made 4 grants totaling $95K, with a median grant of $28K. Annual giving has grown from $9K in 2020 to $26K in 2023. Grantmaking activity was highest in 2022 with $60K distributed across 2 grants. Individual grants have ranged from $9K to $30K, with an average award of $24K. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
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.
Michael D Rankin Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in KY.
Michael D Rankin Family Foundation Inc. has distributed a total of $95K across 4 grants. The median grant size is $28K, with an average of $24K. Individual grants have ranged from $9K to $30K.
Michael D Rankin Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Michael D Rankin Family Foundation Inc. is headquartered in HARRODSBURG, KY.
Track this funder — get alerted when new grants match
Get a free weekly digest of new grant opportunities as they're added to Granted. Unsubscribe anytime.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joshua Rankin | VICE-PRESIDENT | $0 | $0 | N/A |
| Damon Talley | VICE-PRESIDENT | $0 | $0 | N/A |
| Michael D Rankin | PRESIDENT | $0 | $0 | N/A |
Total Giving
$31K
Total Assets
$248K
Fair Market Value
$728K
Net Worth
$247K
Grants Paid
$26K
Contributions
N/A
Net Investment Income
$24K
Distribution Amount
$29K
Total Grants
4
Total Giving
$95K
Average Grant
$24K
Median Grant
$28K
Unique Recipients
1
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of KentuckyCHARITABLE | Lexington, KY | $26K | 2023 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY