Anchored Support Foundation Inc
Anchored Support Foundation Inc. is a private grantmaking foundation based in Groveland, Florida. Established in 2019, the foundation operates as a 501(c)(3) organization dedicated to providing financial and emotional support to individuals, families, and ministries facing unexpected challenges. The foundation's work is rooted in Christian faith and the principle that no one should endure hardship alone.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.1M
+4.8% YoY
Annual Giving
$562K
-10.0% YoY
Grant Count
7
-61.1% YoY
Avg Grant Size
$80K
+131.5% YoY
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.
Mission & Focus Areas
The foundation's mission is inspired by 1 John 3:17 and centers on meeting unexpected physical needs while offering hope, dignity, and a reminder of Christ's love. The foundation operates through two primary programs:
Anchored Blessings Program: Provides monthly support to approximately 15 missionaries and other like-minded charities aligned with the mission to serve Jesus Christ. This program supports organizations working in international contexts, including children's homes, seminary education, and missionary outreach.
Unexpected Blessings Program: Assists those enduring hardship, including the poor, distressed, and underprivileged. Support is provided through financial assistance or services to individuals facing difficulties such as job loss, medical needs, housing emergencies, or other crises. The foundation also engages in relief efforts, including hurricane recovery work.
Grantmaking
According to available records, Anchored Support Foundation Inc. has made 73 grants totaling $1.8 million. Grant sizes have ranged from $275 to $272,000, with a median grant of $10,000 and an average award of $25,000. The foundation distributed between $593,000 and $624,000 annually from 2021 to 2023, and made 28 grants in the most recent reporting year.
Grant Range
s have ranged from $275 to $272,000, with a median grant of $10,000 and an average award of $25,000. The foundation distributed between $593,000 and $624,000 annually from 2021 to 2023, and made 28 grants in the most recent reporting year.
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Geographic Focus
Where this funder awards grants
Grantmaking is concentrated in Florida, with the foundation supporting organizations across 13 states. Florida, Kentucky, and Arkansas account for 74% of all grants made by the foundation.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $6.06 million
- Annual Revenue: $422,545
- Annual Expenses: $872,256
- Total Liabilities: $95
The foundation's primary support comes from gains on the sale of investments. In 2024, expenses exceeded revenue, resulting in a net loss of $449,711.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,058,058 | $5,777,980 | $5,684,807 |
| Revenue | $422,545 | $197,102 | $1,125,881 |
| Expenses | $872,256 | $787,841 | $641,246 |
| Qualifying Distributions | $598,674 | $733,475 | $617,741 |
| Net Investment Income | $126,628 | $127,222 | $119,145 |
| Distributable Amount | $288,838 | $270,427 | $265,507 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
111 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bay Lake Missionary Baptist ($282,296), Unexpected Blessings ($126,557), Hand in Hand Lake County Inc ($61,204).
| Recipient | Purpose | Amount |
|---|---|---|
| BAY LAKE MISSIONARY BAPTIST GROVELAND, FL | HOUSING EXPENSES FOR PASTOR | $282,296 |
| CENTRAL CARE MISSION ORLANDO, FL | MENS FACILITIES FOR HOMLESS | $60,000 |
| HAND IN HAND LAKE COUNTY INC EUSTIS, FL | REBUILDING OF LIVES AND FAMILIES | $61,204 |
| 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 |
| UNEXPECTED BLESSINGS GROVELAND, FL | BLESSING - LOVE OFFERING | $126,557 |
| NEW HOME BAPTIST CHURCH WETUMPKA, AL | MISSION TRIP | $7,750 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation was established by Buddy and Connie Raney, who have felt called to serve others for over a decade. Their children, Julie and Luke, along with their spouses, John and Taylor, serve on the board of directors. Cheryl Ayers is listed as the principal officer. The foundation is governed by 6 officers and trustees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CONNIE J RANEY | VICE PRESIDE | 25 | — |
| ARTHUR V RANEY JR | PRESIDENT | 10 | — |
| JULIE S MUDD | SECRETARY | 7 | — |
| LUKE M RANEY | TREASURER | 7 | — |
| JOHN L MUDD III | TRUSTEE | 7 | — |
| TAYLOR RANEY | TRUSTEE | 7 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Anchored Support Foundation Inc fund?
The foundation's mission is inspired by 1 John 3:17 and centers on meeting unexpected physical needs while offering hope, dignity, and a reminder of Christ's love. The foundation operates through two primary programs: **Anchored Blessings Program**: Provides monthly support to approximately 15 missionaries and other like-minded charities aligned with the mission to serve Jesus Christ. This program supports organizations working in international contexts, including children's homes, seminary edu…
How do I apply for a grant from Anchored Support Foundation Inc?
According to available records, Anchored Support Foundation Inc. has made 73 grants totaling $1.8 million. Grant sizes have ranged from $275 to $272,000, with a median grant of $10,000 and an average award of $25,000. The foundation distributed between $593,000 and $624,000 annually from 2021 to 2023, and made 28 grants in the most recent reporting year. The foundation has supported 38 unique organizations across its grantmaking history. Specific grant recipients have included Matt Manzari Mini…
Where does Anchored Support Foundation Inc make grants?
Grantmaking is concentrated in Florida, with the foundation supporting organizations across 13 states. Florida, Kentucky, and Arkansas account for 74% of all grants made by the foundation.
What size grants does Anchored Support Foundation Inc award?
In 2024, Anchored Support Foundation Inc awarded 7 grants totaling $562K — an average of about $80K per grant, based on its IRS Form 990 filings.
How much is Anchored Support Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Anchored Support Foundation Inc reported a distributable amount of $289K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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