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Rankin Foundation Inc. is a private corporation based in MAGNOLIA, AR. The foundation received its IRS ruling in 2000. It holds total assets of $276K. Annual income is reported at $64K. Total assets have grown from $183K in 2011 to $254K in 2023. The foundation is governed by 2 officers and trustees. Southern arkansas university foundation - the foundation provides scholarship opportunties to the @3,000 students of southern arkansas university. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Arkansas and Louisiana. According to available records, Rankin Foundation Inc. has made 35 grants totaling $151K, with a median grant of $2K. Annual giving has grown from $24K in 2020 to $32K in 2023. Grantmaking activity was highest in 2022 with $63K distributed across 12 grants. Individual grants have ranged from $250 to $18K, with an average award of $4K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Arkansas and Louisiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$2K
Average Grant
$4K
Largest Grant
$12K
Based on 6 grants from the most recent 990-PF filing.
Southern arkansas university foundation - the foundation provides scholarship opportunties to the @3,000 students of southern arkansas university
Magnolia regional medical center
Southern arkansas university foundation - the foundation provides scholarship opportunties to the @3,000 students of southern arkansas university. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in AR, LA.
Rankin Foundation Inc. has distributed a total of $151K across 35 grants. The median grant size is $2K, with an average of $4K. Individual grants have ranged from $250 to $18K.
Rankin Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Rankin Foundation Inc. is headquartered in MAGNOLIA, AR. While based in AR, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Toni C Rankin | SEC/TREASURE | $0 | $0 | N/A |
| David F Rankin | CHAIRMAN | $0 | $0 | N/A |
Total Giving
$32K
Total Assets
$254K
Fair Market Value
$606K
Net Worth
$254K
Grants Paid
$32K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$16K
Total: $246K
Total Grants
35
Total Giving
$151K
Average Grant
$4K
Median Grant
$2K
Unique Recipients
12
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sau FoundationUNRESTRICTED SCHOLARSHIPS | Magnolia, AR | $13K | 2023 |
| Arkansas Community FoundationDONATION | Little Rock, AR | $10K | 2023 |
| Magnolia Regional Medical Center FoDONATION | Magnolia, AR | $4K | 2023 |
| Louisiana Tech FoundationDONATION | Ruston, LA | $2K | 2023 |
| Columbia Couonty Animal ProtectionDONATION | Magnolia, AR | $1K | 2023 |
| Boys Club Of MagnoliaDONATION | Magnolia, AR | $1K | 2023 |
| Magnolia ArtsDONATION | Magnolia, AR | $1K | 2023 |
| Economics Arkansas FoundationDONATION | Little Rock, AR | $1K | 2023 |
| Ouachita Baptist FoundationDONATION | Arkadelphia, AR | $5K | 2022 |
| Miss Ark Scholarship FoundationDONATION | Little Rock, AR | $1K | 2022 |
| Economics ArkansasDONATION | Little Rock, AR | $1K | 2021 |
| Rugged Cross Cowboy ChurchDONATION | Magnolia, AR | $1K | 2021 |