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Tony And Libby Rane Foundation is a private corporation based in ABBEVILLE, AL. The foundation received its IRS ruling in 2021. The principal officer is % James W Rane. It holds total assets of $1.4M. Annual income is reported at $247K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Tony And Libby Rane Foundation has made 3 grants totaling $76K, with a median grant of $31K. Annual giving has decreased from $62K in 2022 to $14K in 2023. Individual grants have ranged from $14K to $31K, with an average award of $25K. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
Tony And Libby Rane Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in AL.
Tony And Libby Rane Foundation has distributed a total of $76K across 3 grants. The median grant size is $31K, with an average of $25K. Individual grants have ranged from $14K to $31K.
Tony And Libby Rane Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tony And Libby Rane Foundation is headquartered in ABBEVILLE, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James W Rane | PRESIDENT AND TREASURER | $0 | $0 | $0 |
| Michael G Rane | SECRETARY | $0 | $0 | $0 |
| C Jack Carpenter | VICE-PRESIDENT | $0 | $0 | $0 |
Total Giving
$33K
Total Assets
$1.4M
Fair Market Value
$1.5M
Net Worth
$1.4M
Grants Paid
$14K
Contributions
$22K
Net Investment Income
$58K
Distribution Amount
$71K
Total Grants
3
Total Giving
$76K
Average Grant
$25K
Median Grant
$31K
Unique Recipients
1
Most Common Grant
$31K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Alabama Public TelevisionGENERAL SUPPORT FOR ALABAMA PUBLIC TELEVISION | Birmingham, AL | $14K | 2023 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL
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