Rankin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 3 grants totaling $427K. Net investment income was $896K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9M
+28.0% YoY
Annual Giving
$427K
+277.9% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$142K
+151.9% YoY
About Rankin Foundation
Based on IRS filings
Rankin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 3 grants totaling $427K. Net investment income was $896K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,899,877 | $3,046,074 | $1,709,039 |
| Revenue | $1,239,764 | $1,432,978 | $1,721,535 |
| Expenses | $391,505 | $348,218 | $12,496 |
| Qualifying Distributions | $441,291 | $140,486 | $12,481 |
| Net Investment Income | $895,885 | $1,399,366 | $1,721,520 |
| Distributable Amount | $138,657 | $68,599 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| YEMING S RANKIN | PRESIDENT | 5 | — |
| AARON E RANKIN | SECRETARY/TREASURER | 5 | — |
| JUDITH RANKIN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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