SUPPORT OF INTERCOLLEGIATE ATHLETICS AT THE UNIVERSITY OF ARKANSAS
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$92.0M
-2.0% YoY
Annual Giving
$28.3M
+6.6% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$9.4M
+6.6% YoY
About Razorback Foundation Inc
Based on IRS filings
Razorback Foundation Inc is a nonprofit organization focused on Education, based in FAYETTEVILLE, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $92.0M in total assets. In 2024, it awarded 3 grants totaling $28.3M. Net investment income was $1.5M.
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 | $92,023,235 | $93,945,531 | $83,545,180 |
| Revenue | $33,289,759 | $44,580,109 | $32,561,743 |
| Expenses | $36,361,367 | $35,589,796 | $18,328,627 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,489,334 | $1,336,962 | $78,259 |
| Distributable Amount | — | — | — |
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
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Arkansas ($25,028,251), University of Arkansas ($2,989,521), University of Arkansas ($260,915).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF ARKANSAS FAYETTEVILLE, AR | ATHLETIC DEPARTMENT EXPENSES | $25,028,251 |
| UNIVERSITY OF ARKANSAS FAYETTEVILLE, AR | CAPITAL PROJECTS AND RESTRICTED FUNDS | $2,989,521 |
| UNIVERSITY OF ARKANSAS FAYETTEVILLE, AR | SCHOLARSHIPS | $260,915 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEVIN SCANLON | CHAIR AND PRESIDENT | 0.1 | — |
| MINDY WEST | VICE PRESIDENT | 0.1 | — |
| JOHN RUTLEDGE | TREASURER | 0.1 | — |
| ANGELA RYAN | SECRETARY | 0.1 | — |
| SHELLY SIMPSON | DIRECTOR | 0.1 | — |
| JJ HURLEY | DIRECTOR | 0.1 | — |
| MARSHA MARTIN | DIRECTOR | 0.1 | — |
| RICK MASSEY | DIRECTOR | 0.1 | — |
| BRYAN HUNT | DIRECTOR | 0.1 | — |
| DERRICK RICHARDSON | DIRECTOR | 0.1 | — |
| DERRICK THOMAS | DIRECTOR | 0.1 | — |
| LISA WALKER | DIRECTOR | 0.1 | — |
| SCOTT VARADY | FORMER EXECUTIVE DIRECTOR | 50 | $136,425 |
| RYAN WHITE | EXECUTIVE DIRECTOR | 50 | $134,217 |
| BILLYE VETETO | CFO & INTERIM EXECUTIVE DIRECTOR | 50 | $224,482 |
| JOHN MATSKO | SENIOR ASSOCIATE DIRECTOR | 50 | $169,061 |
| MARVIN CASTON | SENIOR DIRECTOR OF DEVELOPMENT | 50 | $185,490 |
| MICA STROTHER | SENIOR DIRECTOR OF DEVELOPMENT | 50 | $176,489 |
| QUINN GROVEY | SENIOR DIRECTOR OF DEVELOPMENT | 50 | $175,120 |
| MEREDITH PETTIGREW | DIRECTOR OF STRATEGIC COMMUNICATIONS AND STEWARDSH | 50 | $107,851 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Razorback Foundation Inc?
Razorback Foundation Inc is a nonprofit organization focused on Education, based in FAYETTEVILLE, AR. It holds $92.0M in total assets as of 2024.
How large is Razorback Foundation Inc?
As of 2024, Razorback Foundation Inc holds $92.0M in total assets with $33.3M in annual revenue. It awarded 3 grants totaling $28.3M in 2024.
Where does Razorback Foundation Inc operate?
Razorback Foundation Inc has awarded grants in Arkansas.
What size grants does Razorback Foundation Inc award?
In 2024, Razorback Foundation Inc awarded 3 grants totaling $28.3M — an average of about $9.4M per grant, based on its IRS Form 990 filings.
What is Razorback Foundation Inc's EIN?
Razorback Foundation Inc's EIN (Employer Identification Number) is 71-0540644. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Razorback Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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