Larry & Janett Crain Charitable
Larry & Janett Crain Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LITTLE ROCK, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 2 grants totaling $27K. Net investment income was $111K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.4M
-25.0% YoY
Annual Giving
$27K
-93.4% YoY
Grant Count
2
-50.0% YoY
Avg Grant Size
$14K
-86.8% YoY
Under IRS private-foundation payout rules, Larry & Janett Crain Charitable reported a distributable amount of $209K for 2024 — the minimum it must pay out in qualifying distributions.
About Larry & Janett Crain Charitable
Based on IRS filings
Larry & Janett Crain Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LITTLE ROCK, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 2 grants totaling $27K. Net investment income was $111K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,382,393 | $5,841,263 | $6,092,553 |
| Revenue | $125,116 | $193,366 | $239,106 |
| Expenses | $144,180 | $430,593 | $277,549 |
| Qualifying Distributions | $57,433 | $410,636 | $265,000 |
| Net Investment Income | $111,048 | $195,162 | $147,604 |
| Distributable Amount | $209,392 | $298,593 | $298,966 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Arkansas Baptist Children and Family Ministries ($15,000), K-life Ministries ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARKANSAS BAPTIST CHILDREN AND FAMILY MINISTRIES LITTLE ROCK, AR | YOUTH AND MINISTRY SUPPORT | $15,000 |
| K-LIFE MINISTRIES SEARCY, AR | YOUTH SUPPORT | $12,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTIAN CRAIN | VICE CHAIRMAN | 1 | $12,000 |
| CHARLES SKIP DAVIDSON | CHAIRMAN | 1 | — |
| CARRINGTON PROPES | TRUSTEE | 1 | $12,000 |
| TERRY PARROTT | TRUSTEE | 1 | $12,000 |
| STUART DALRYMPLE | TRUSTEE | 1 | $12,000 |
| DAREK BRAUNECKER | TRUSTEE | 1 | $10,000 |
| STEAVE MILLER | TRUSTEE | 1 | — |
| JIM HOYT | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Larry & Janett Crain Charitable?
Larry & Janett Crain Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LITTLE ROCK, AR. It holds $4.4M in total assets as of 2024.
How large is Larry & Janett Crain Charitable?
As of 2024, Larry & Janett Crain Charitable holds $4.4M in total assets with $125K in annual revenue. It awarded 2 grants totaling $27K in 2024.
Where does Larry & Janett Crain Charitable operate?
Larry & Janett Crain Charitable has awarded grants in Arkansas.
What size grants does Larry & Janett Crain Charitable award?
In 2024, Larry & Janett Crain Charitable awarded 2 grants totaling $27K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Larry & Janett Crain Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Larry & Janett Crain Charitable reported a distributable amount of $209K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Larry & Janett Crain Charitable's EIN?
Larry & Janett Crain Charitable's EIN (Employer Identification Number) is 81-0856599. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.