Anchored Support Foundation Inc
Anchored Support Foundation Inc. is a private foundation based in Groveland, Florida. Founded by Buddy and Connie Raney, it provides financial and practical support to individuals, families, and ministries facing hardship, with the stated aim of sharing Christ’s love through help with practical needs.
Anchored Support Foundation Inc at a glance
In short: Anchored Support Foundation Inc gave $562K across 7 grants in 2024 (avg $80K), mostly in Florida. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $561,807
- -10.0% vs 2023
- Grants made (2024)
- 7
- -61.1% vs 2023
- Average grant
- $80,258
- +131.5% vs 2023
- Median grant
- $60,000
- Total assets
- $6,058,058
- +4.8% vs 2023
- Primary geography
- Florida (94% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
How to apply to Anchored Support Foundation Inc
- How to Apply
-
Make initial contact through the foundation’s website and provide contact information and the reason assistance is needed. The foundation’s board reviews staff recommendations on requests monthly.
- Review Cycle
- The filing says the board reviews requests monthly; it does not specify a submission deadline.
- Deadline
- The filing says the board reviews requests monthly; it does not specify a submission deadline.
- Contact
Application contact: Connie Raney
Mailing address: PO Box 696, Groveland, FL 34736
Phone: (407) 466-6286
Email: connie@acrfamily.com
Website: https://anchoredsupport.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Anchored Support Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Bay Lake Missionary Baptist ($282K). Together the top 7 received $562K.
Grant Size Distribution
111 grants across all recorded years
The most common grant size was under $50K: 98 grants of 111 (88%).
Geographic Focus
Where this funder awards grants
In 2024, 94% of grant dollars went to recipients in Florida. The remaining reported shares went to Kentucky (2%), Texas (2%), and Alabama (1%).
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
How Anchored Support Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (−9%). Method
- In 2024 it paid out 207% 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
From 2020 to 2024, annual grant giving ranged from $562K (2024) to $674K (2020). In 2024 it made 7 grants totaling $562K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bay Lake Missionary Baptist Groveland, FL | Housing Expenses for Pastor | $282,296 |
| Unexpected Blessings Groveland, FL | Blessing - Love Offering | $126,557 |
| Hand in Hand Lake County Inc Eustis, FL | Rebuilding of Lives and Families | $61,204 |
| Central Care Mission Orlando, FL | Mens Facilities for Homless | $60,000 |
| Idols Aside Missionaries Paducah, KY | Minister to Youth of Single Parents | $12,000 |
| Nevill's Chapel Baptist Church Mt Pleasant, TX | Missionary - Todd Ward | $12,000 |
| New Home Baptist Church Wetumpka, AL | Mission Trip | $7,750 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $6,058,058 | $422,545 | $872,256 | $561,807 | 7 | $598,674 | $126,628 | $288,838 |
| 2023 | $5,777,980 | $197,102 | $787,841 | $623,925 | 18 | $733,475 | $127,222 | $270,427 |
| 2022 | $5,684,807 | $1,125,881 | $641,246 | $577,839 | 29 | $617,741 | $119,145 | $265,507 |
| 2021 | $5,917,741 | $323,645 | $638,319 | $616,287 | 25 | $623,744 | $100,759 | — |
| 2020 | $5,717,543 | $11,300 | $703,747 | $674,257 | 32 | — | $62,513 | $281,801 |
Under IRS private-foundation payout rules, Anchored Support Foundation Inc reported a distributable amount of $289K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation says its mission is to share Christ’s love by meeting practical needs and providing relief in times of hardship. Its Anchored Blessings program provides monthly support to missionaries and other like-minded charities. Its Unexpected Blessings program provides financial support or services to people facing hardship, including people in poverty or distress.
Among its 2024 grantees, Hand in Hand Lake County Inc. describes its mission as rebuilding lives and families through a recovery program and an atmosphere conducive to healing and rebuilding.
Grantmaking
In 2024, the foundation reported 7 grants totaling $561,807. Grant amounts ranged from $7,750 to $282,296, with a median of $60,000. The largest awards included $282,296 to Bay Lake Missionary Baptist for housing expenses for a pastor; $126,557 to Unexpected Blessings for a “blessing - love offering”; $61,204 to Hand in Hand Lake County Inc.; and $60,000 to Central Care Mission for men’s facilities for homeless people.
The foundation states that it does not restrict giving to preselected organizations. Applicants are directed to make initial contact through the foundation’s website and provide contact information and the reason assistance is needed. The filing identifies Connie Raney as the contact. It states that individual and family awards are restricted to those in need.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Arthur V. Raney Jr. as president, Connie J. Raney as vice president, Julie S. Mudd as secretary, and Luke M. Raney as treasurer. John L. Mudd III and Taylor Raney are listed as trustees. The foundation’s website identifies Buddy and Connie Raney as its founders and says their children, Julie and Luke, and their spouses, John and Taylor, serve on the board.
Anchored Support Foundation Inc is led by Arthur V. Raney Jr., President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Arthur V. Raney Jr.
President
On filings since 2020
10 hrs/week
No compensation reported
John L. Mudd III
Trustee
On filings since 2020
7 hrs/week
No compensation reported
Taylor Raney
Trustee
On filings since 2020
7 hrs/week
No compensation reported
Connie J. Raney
Vice President
On filings since 2020
25 hrs/week
No compensation reported
Julie S. Mudd
Secretary
On filings since 2020
7 hrs/week
No compensation reported
Luke M. Raney
Treasurer
On filings since 2020
7 hrs/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 Anchored Support Foundation Inc
How much does Anchored Support Foundation Inc give each year?
Anchored Support Foundation Inc gave $562K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $624K across 18 grants.
What is Anchored Support Foundation Inc's typical grant size?
Anchored Support Foundation Inc's median grant in 2024 was $60,000, and its average grant was $80,258, across 7 grants on its 2024 IRS Form 990-PF.
Where does Anchored Support Foundation Inc give grants?
Anchored Support Foundation Inc gives mostly in Florida: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Groveland, FL (2 grants).
Does Anchored Support Foundation Inc give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on Anchored Support Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.
Who are Anchored Support Foundation Inc's largest grantees?
Anchored Support Foundation Inc's largest 2024 grantees include Bay Lake Missionary Baptist ($282,296), Unexpected Blessings ($126,557) and Hand in Hand Lake County Inc ($61,204), according to its 2024 IRS Form 990-PF. Together they received 84% of its itemized 2024 grant dollars.
How large is Anchored Support Foundation Inc?
Anchored Support Foundation Inc reported $6.1M in total assets on its 2024 IRS Form 990-PF. It paid out $599K in qualifying distributions that year, against a required minimum of $289K (roughly 5% of its investment assets).
What does Anchored Support Foundation Inc fund?
The foundation says its mission is to share Christ’s love by meeting practical needs and providing relief in times of hardship. Its Anchored Blessings program provides monthly support to missionaries and other like-minded charities. See mission & focus areas ↑
How do I apply for a grant from Anchored Support Foundation Inc?
Make initial contact through the foundation’s website and provide contact information and the reason assistance is needed. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Anchored Support Foundation Inc's EIN?
Anchored Support Foundation Inc's EIN (Employer Identification Number) is 82-3169951. 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. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 11, 2021)
- IRS filings on file for fiscal years 2020–2024
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