Frances M and W W Rankin Memorial FD

Private foundation · Grantmaker Saint Louis, MO EIN: 56-6406278

Frances M and W W Rankin Memorial FD is a private foundation, based in Saint Louis, MO. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.7M in total assets. In 2025, it awarded 9 grants totaling $145K. Net investment income was $167K.

Frances M and W W Rankin Memorial FD at a glance

In short: Frances M and W W Rankin Memorial FD gave $145K across 9 grants in 2025 (avg $16K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$144,853
+4.9% vs 2024
Grants made (2025)
9
+0.0% vs 2024
Average grant
$16,095
+4.9% vs 2024
Median grant
$20,000
Total assets
$2,729,921
+0.4% vs 2024
Primary geography
North Carolina (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Frances M and W W Rankin Memorial FD funds

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

The Trustees of Davidson College: $20KThe Trustees of DavidsonCollege$20KWilliam Peace University: $20KWilliam Peace University$20KBoys and Girls Clubs: $20KBoys and Girls Clubs$20KNC State University: $20KNC State University$20KBoys and Girls Home of NC Inc: $20KBoys and Girls Home of NC Inc$20KSt Andrews Presybterian College: $15KSt Andrews PresybterianCollege$15KMasonic & Eastern Star Home NC: $10KMasonic & Eastern Star Home NC$10KPresbyterian Homes Inc: $10KPresbyterian Homes Inc$10KMasonic Home for Children at Oxford: $10KMasonic Home for Children atOxford$10K

The largest 2025 recipient was The Trustees of Davidson College ($20K). Together the top 9 received $145K.

Grant Size Distribution

45 grants across all recorded years

45<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 45 grants of 45 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 9 itemized grants.

Cities

RaleighColfaxDavidsonGreensboroLake WaccamawLaurinburgOxford

How Frances M and W W Rankin Memorial FD gives

  • Giving held roughly steady from 2022 to 2025 (−11%). Method
  • In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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$150K$200K9 grants2019 9 grants2020 9 grants2021 9 grants2022 9 grants2023 9 grants2024 9 grants2025

From 2019 to 2025, annual grant giving ranged from $138K (2024) to $162K (2022). In 2025 it made 9 grants totaling $145K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Trustees of Davidson College Davidson, NCGeneral Operating$20,000
William Peace University Raleigh, NCGeneral Operating$20,000
Boys and Girls Clubs Raleigh, NCGeneral Operating$20,000
NC State University Raleigh, NCGeneral Operating$20,000
Boys and Girls Home of NC Inc Lake Waccamaw, NCGeneral Operating$20,000
St Andrews Presybterian College Laurinburg, NCGeneral Operating$14,853
Masonic & Eastern Star Home NC Greensboro, NCGeneral Operating$10,000
Presbyterian Homes Inc Colfax, NCGeneral Operating$10,000
Masonic Home for Children at Oxford Oxford, NCGeneral Operating$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,729,921$208,833$194,582$144,8539$150,526$167,075$161,504
2024$2,717,905$147,314$179,079$138,0699$143,070$109,063$155,190
2023$2,746,950$72,090$186,857$148,0749$153,031$51,826$143,686
2022$2,864,879$124,527$208,841$162,0819$167,178$88,659$152,052
2021$2,950,137$352,979$186,534$140,0709$145,507$314,041$169,066
2020$2,783,238$204,593$178,714$138,1379—$170,689$146,066
2019$2,757,699$271,671$189,236$145,5239—$237,296$144,274

Under IRS private-foundation payout rules, Frances M and W W Rankin Memorial FD reported a distributable amount of $162K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Frances M and W W Rankin Memorial FD's only listed officer is Wells Fargo Bank N A, Trustee on every filing since 2019 (compensated).

Officers on the 2025 filing

  • Wells Fargo Bank N A

    Trustee

    On filings since 2019

    1 hr/week

    $37K (2019) → $45K (2025)

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Wells Fargo Bank N a — Trustee: $45KWells Fargo Bank N aTrustee$45K

The highest reported compensation on the 2025 filing was $45K, to Wells Fargo Bank N a (Trustee).

Frequently asked questions about Frances M and W W Rankin Memorial FD

How much does Frances M and W W Rankin Memorial FD give each year?

Frances M and W W Rankin Memorial FD gave $145K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $138K across 9 grants.

What is Frances M and W W Rankin Memorial FD's typical grant size?

Frances M and W W Rankin Memorial FD's median grant in 2025 was $20,000, and its average grant was $16,095, across 9 grants on its 2025 IRS Form 990-PF.

Where does Frances M and W W Rankin Memorial FD give grants?

Frances M and W W Rankin Memorial FD gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Raleigh, NC (3 grants).

Does Frances M and W W Rankin Memorial FD give general operating support?

Yes: 100% of Frances M and W W Rankin Memorial FD's 2025 grants with a stated purpose (9 of 9) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Frances M and W W Rankin Memorial FD's largest grantees?

Frances M and W W Rankin Memorial FD's largest 2025 grantees include The Trustees of Davidson College ($20,000), William Peace University ($20,000) and Boys and Girls Clubs ($20,000), according to its 2025 IRS Form 990-PF. Together they received 41% of its itemized 2025 grant dollars.

How large is Frances M and W W Rankin Memorial FD?

Frances M and W W Rankin Memorial FD reported $2.7M in total assets on its 2025 IRS Form 990-PF. It paid out $151K in qualifying distributions that year, against a required minimum of $162K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Frances M and W W Rankin Memorial FD's EIN?

Frances M and W W Rankin Memorial FD's EIN (Employer Identification Number) is 56-6406278. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 3, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
  3. 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 Frances M and W W Rankin Memorial FD'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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