Rankin Foundation
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.
Rankin Foundation at a glance
In short: Rankin Foundation gave $300K across 1 grant in 2025 (avg $300K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $300,000
- -29.7% vs 2024
- Grants made (2025)
- 1
- -66.7% vs 2024
- Average grant
- $300,000
- +110.8% vs 2024
- Median grant
- $300,000
- Total assets
- $4,095,780
- +5.0% vs 2024
- Primary geography
- Pennsylvania (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 Rankin Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Carnegie Mellon University ($300K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 2 grants of 6 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $113K (2023) to $427K (2024). In 2025 it made 1 grant totaling $300K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Carnegie Mellon University Pittsburg, PA | For the Engineering Resilience for Climate Adaptation Fund. | $300,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,095,780 | $185,780 | $328,494 | $300,000 | 1 | $314,504 | $175,289 | $198,132 |
| 2024 | $3,899,877 | $1,239,764 | $391,505 | $427,000 | 3 | $441,291 | $895,885 | $138,657 |
| 2023 | $3,046,074 | $1,432,978 | $348,218 | $113,000 | 2 | $140,486 | $1,399,366 | $68,599 |
| 2022 | $1,709,039 | $1,721,535 | $12,496 | — | — | $12,481 | $1,721,520 | — |
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.
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.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 4, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 7, 2026)
- IRS filings on file for fiscal years 2022–2025
Live grants for the work Rankin Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Rankin Foundation's focus areas in our free grants database
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