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Rankin Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2023. It holds total assets of $3.9M. Annual income is reported at $2.3M. Total assets have grown from $1.7M in 2022 to $3M in 2023. The foundation is governed by 3 officers and trustees. Email This field is for validation purposes and should be left unchanged. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, Rankin Foundation has made 2 grants totaling $113K, with a median grant of $57K. Individual grants have ranged from $20K to $93K, with an average award of $57K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in District of Columbia and Illinois. 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.
Email This field is for validation purposes and should be left unchanged. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in DC, IL.
Rankin Foundation has distributed a total of $113K across 2 grants. The median grant size is $57K, with an average of $57K. Individual grants have ranged from $20K to $93K.
Rankin Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rankin Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Yeming S Rankin | PRESIDENT | $0 | $0 | N/A |
| Aaron E Rankin | SECRETARY/TREASURER | $0 | $0 | N/A |
| Judith Rankin | DIRECTOR | $0 | $0 | N/A |
Total Giving
$348K
Total Assets
$3M
Fair Market Value
$3M
Net Worth
$2.9M
Grants Paid
$240K
Contributions
$1.3M
Net Investment Income
$1.4M
Distribution Amount
$69K
Total: $1.7M
Total Grants
2
Total Giving
$113K
Average Grant
$57K
Median Grant
$57K
Unique Recipients
2
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Pew Charitable TrustsTO PROVIDE TECHNICAL ASSISTANCE TO LOUISIANA ECONOMIC DEVELOPMENT IN EVALUATING THE STATE'S READINESS FOR ATTRACTING AND EXPANDING OFFSHORE WIND ENERGY SUPPLY CHAIN INDUSTRIES AND TO ORGANIZE A SUPPLY CHAIN SYMPOSIUM IN LOUISIANA. | Washington, DC | $93K | 2023 |
| March FourthTO BRING MORE AWARENESS TO THE GENERAL PUBLIC ABOUT MASS SHOOTINGS THROUGH EDUCATION AND CONVENINGS | Winnetka, IL | $20K | 2023 |