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Ragan And King Charitable Foundation 10612-9 is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 1978. The principal officer is Wachovia Bank Na. It holds total assets of $4.4M. Annual income is reported at $976K. The foundation is governed by 1 officer or trustee. Tax records are available from 2017 to 2023. Funding is distributed across 4 states, including Georgia, Alabama, Kentucky. According to available records, Ragan And King Charitable Foundation 10612-9 has made 25 grants totaling $782K, with a median grant of $23K. Annual giving has grown from $220K in 2020 to $562K in 2022. Individual grants have ranged from $3K to $111K, with an average award of $31K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Georgia, Kentucky, Alabama, which account for 92% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$26K
Average Grant
$35K
Largest Grant
$111K
Based on 8 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.
Ragan And King Charitable Foundation 10612-9 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in GA, KY, AL.
Ragan And King Charitable Foundation 10612-9 has distributed a total of $782K across 25 grants. The median grant size is $23K, with an average of $31K. Individual grants have ranged from $3K to $111K.
40% income may be distributed to any GA or Southern Baptist related institution in state of GA, 60% to pre-selected institutions.
Ragan And King Charitable Foundation 10612-9 is headquartered in SAINT LOUIS, MO. While based in MO, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $61K | $0 | $61K |
Total Giving
$286K
Total Assets
$4.4M
Fair Market Value
$5M
Net Worth
$4.4M
Grants Paid
$200K
Contributions
N/A
Net Investment Income
$60K
Distribution Amount
$246K
Total: $1.8M
Total Grants
25
Total Giving
$782K
Average Grant
$31K
Median Grant
$23K
Unique Recipients
13
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Southern Baptist Theological SeminaryGENERAL OPERATING | Louisville, KY | $111K | 2022 |
| Second Ponce De Leon Baptist ChurchGENERAL OPERATING | Atlanta, GA | $57K | 2022 |
| Baptist Village IncGENERAL OPERATING | Waycross, GA | $32K | 2022 |
| Truett-Mcconnell UniversityGENERAL OPERATING | Cleveland, GA | $30K | 2022 |
| Siloam Baptist ChurchGENERAL OPERATING | Marion, AL | $23K | 2022 |
| Penfield Addiction Ministries IncGENERAL OPERATING | Union Point, GA | $15K | 2022 |
| Luther Rice College And SeminaryGENERAL OPERATING | St Paul, MN | $9K | 2022 |
| Brewton-Parker College IncGENERAL OPERATING | Mount Vernon, GA | $5K | 2022 |
| Baptist Convention Of The State OfGENERAL SUPPORT | Duluth, GA | $25K | 2020 |
| Truett Mcconnell CollegeVIRTUAL HOSPITAL EQUIPMENT | Cleveland, GA | $20K | 2020 |
| Penfield Christian Homes IncOPERATING COMPASSION | Union Point, GA | $15K | 2020 |
| Gwinnett Metro Baptist Association IncGENERAL SUPPORT | Lawrenceville, GA | $5K | 2020 |
| Young Street Community Baptist ChurchGENERAL OPERATING | Atlanta, GA | $3K | 2020 |