Rankin Foundation

Private foundation · Grantmaker Chicago, IL EIN: 92-0766808

Rankin Foundation is a private foundation, based in Chicago, IL. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $4.1M in total assets. In 2025, it awarded 1 grant totaling $300K. Net investment income was $175K.

Key facts about Rankin Foundation

In short: Rankin Foundation gave $300K across 1 grant in 2025 (avg $300K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.

EIN
92-0766808
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$300,000
Grants made (2025)
1
Average grant
$300,000
Median grant
$300,000
Total assets
$4,095,780
Primary geography
Pennsylvania (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4.1M

+5.0% YoY

Annual Giving

$300K

-29.7% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$300K

+110.8% YoY

Under IRS private-foundation payout rules, Rankin Foundation reported a distributable amount of $198K for 2025 — the minimum it must pay out in qualifying distributions.

How Rankin Foundation gives

  • In 2025 it paid out 159% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of the 2025 grant dollars on its one itemized grant.

Cities

PittsburgWashingtonWinnetka

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants2022 2 grants2023 3 grants2024 1 grant2025

From 2023 to 2025, annual grant giving ranged from $113K (2023) to $427K (2024). In 2025 it made 1 grant totaling $300K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Carnegie Mellon University: $300KCarnegie Mellon University$300K

The largest 2025 recipient was Carnegie Mellon University ($300K).

Grant Size Distribution

6 grants across all recorded years

2<$50K1$50–100K1$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 6 (33%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Carnegie Mellon University Pittsburg, PAFor the Engineering Resilience for Climate Adaptation Fund.$300,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2022 2023 2024 2025
Metric202520242023
Total Assets$4,095,780$3,899,877$3,046,074
Revenue$185,780$1,239,764$1,432,978
Expenses$328,494$391,505$348,218
Qualifying Distributions$314,504$441,291$140,486
Net Investment Income$175,289$895,885$1,399,366
Distributable Amount$198,132$138,657$68,599

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  2. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 4, 2024)
  3. Updated Form 990-PF for fiscal year 2024 (received by the IRS June 13, 2025)
  4. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 7, 2026)
  5. IRS filings on file for fiscal years 2022–2025

Leadership & Key People

Officers and directors from IRS filings

Rankin Foundation is led by Yeming S. Rankin, President on every filing since 2022; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Yeming S. Rankin

    President

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Judith Rankin

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Aaron E. Rankin

    Secretary & Treasurer

    On filings since 2022

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2025. "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 Rankin Foundation

How much does Rankin Foundation give each year?

Rankin Foundation gave $300K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $427K across 3 grants.

How large is Rankin Foundation?

Rankin Foundation reported $4.1M in total assets on its 2025 IRS Form 990-PF. It paid out $315K in qualifying distributions that year, against a required minimum of $198K (roughly 5% of its investment assets).

Where does Rankin Foundation operate?

Rankin Foundation has awarded grants in District of Columbia, Illinois, Pennsylvania.

What is Rankin Foundation's EIN?

Rankin Foundation's EIN (Employer Identification Number) is 92-0766808. IRS Form 990 filing data is available on this page for 2022–2025.

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

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