Anax Inc

Private foundation · Grantmaker White Hall, AR EIN: 47-5058934

Anax Inc is a private foundation focused on Education, based in White Hall, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29K in total assets. In 2024, it awarded 2 grants totaling $12K.

Anax Inc at a glance

In short: Anax Inc gave $12K across 2 grants in 2024 (avg $6K), mostly in Indiana. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$11,500
-52.3% vs 2023
Grants made (2024)
2
+0.0% vs 2023
Average grant
$5,750
-52.3% vs 2023
Median grant
$5,750
Total assets
$29,086
-16.3% vs 2023
Primary geography
Indiana (57% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Anax Inc funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Indiana Bible College: $7KIndiana Bible College$7KNew Life Ministries: $5KNew Life Ministries$5K

The largest 2024 recipient was Indiana Bible College ($7K). Together the top 2 received $12K.

Grant Size Distribution

10 grants across all recorded years

9<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 10 (90%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

IndianapolisNorth Little RockSherwood

How Anax Inc gives

  • Giving grew 77% from 2021 to 2024. Method
  • In 2024 it paid out 687% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K2 grants2020 1 grant2021 3 grants2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $4K (2020) to $133K (2022). In 2024 it made 2 grants totaling $12K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Indiana Bible College Indianapolis, INTo Pay for Scholarships$6,500
New Life Ministries North Little Rock, ARGeneral Church Donation$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2024$29,086$5,977$11,660$11,5002$11,500$1,673
2023$34,769$25,000$27,605$24,0872$24,087$1,846
2022$37,374$133,000$132,545$132,5003$132,500$2,480
2021$36,919$40,750$6,546$6,5001$6,500$1,883
2020$2,715—$4,136$4,1002—$278

Under IRS private-foundation payout rules, Anax Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Anax Inc is led by Matthew Corbitt, Chairman on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Matthew Corbitt

    Chairman

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kimberly Corbitt

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Anax Inc

How much does Anax Inc give each year?

Anax Inc gave $12K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $24K across 2 grants.

How large is Anax Inc?

Anax Inc reported $29K in total assets on its 2024 IRS Form 990-PF. It paid out $12K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

What is Anax Inc?

Anax Inc is a private foundation focused on Education, based in White Hall, AR. It holds $29K in total assets as of 2024.

Where does Anax Inc operate?

Anax Inc has awarded grants in Arkansas, Indiana.

What is Anax Inc's EIN?

Anax Inc's EIN (Employer Identification Number) is 47-5058934. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Anax Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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