Ruth Veasey Educational Foundation Inc
Ruth Veasey Educational Foundation Inc is a private foundation based in Dermott, Arkansas. Its filing describes scholarship awards to qualifying individuals, and its 2026 filing lists grants to individual recipients in Arkansas.
Ruth Veasey Educational Foundation Inc at a glance
In short: Ruth Veasey Educational Foundation Inc gave $56K across 17 grants in 2026 (avg $3K), mostly in Arkansas. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $55,834
- -41.7% vs 2025
- Grants made (2026)
- 17
- +0.0% vs 2025
- Average grant
- $3,284
- -41.7% vs 2025
- Median grant
- $2,500
- Total assets
- $2,296,533
- +0.6% vs 2025
- Primary geography
- Arkansas (100% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated October 2026.
How to apply to Ruth Veasey Educational Foundation Inc
- How to Apply
-
The 2025 filing identifies Mike Smith as the contact. It describes annual scholarships for top students at various high schools in the surrounding area; previously, students submitted an application to the foundation for loans.
- Review Cycle
- N/A, as stated on the 2025 filing.
- Deadline
- N/A, as stated on the 2025 filing.
- Contact
Application contact: Mike Smith
Mailing address: P O Box 3, Dermott, AR 71638
Phone: (870) 538-5221
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Ruth Veasey Educational Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
129 grants across all recorded years
The most common grant size was under $50K: 129 grants of 129 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars listed for filing year 2026 went to recipients in Arkansas. The foundation’s 2025 filing refers to high schools in the surrounding area but does not specify a broader geographic boundary.
Grant Distribution by State
Share of 2026 grant dollars across all 17 itemized grants.
Cities
How Ruth Veasey Educational Foundation Inc gives
- Giving fell 67% from 2023 to 2026. 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 2020 to 2026, annual grant giving ranged from $56K (2026) to $236K (2020). In 2026 it made 17 grants totaling $56K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 17 grants to individuals Recipients not named | — | $55,834 |
Ready to take the next step with Ruth Veasey Educational Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2026 | $2,296,533 | $136,588 | $90,880 | $55,834 | 17 | $89,988 | $64,204 |
| 2025 | $2,282,725 | $801,479 | $210,264 | $95,840 | 17 | $199,876 | $747,331 |
| 2024 | $1,654,525 | $675,362 | $234,413 | $167,501 | 34 | $226,387 | $577,444 |
| 2023 | $1,121,106 | $178,021 | $316,581 | $169,994 | 35 | $314,993 | $114,237 |
| 2022 | $1,142,864 | $149,434 | $147,811 | $126,251 | 26 | $146,747 | $76,524 |
| 2021 | $1,079,268 | $191,797 | $240,663 | $160,801 | 31 | — | $136,757 |
| 2020 | $1,012,082 | $145,937 | $277,373 | $236,001 | 42 | — | $92,712 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s filing describes direct charitable activity as scholarship awards to qualifying individuals. Its 2025 filing states that, beginning in 2024, scholarships are awarded each year to top students at various high schools in the surrounding area.
Grantmaking
In filing year 2026, the foundation reported 17 grants totaling $55,834. Awards ranged from $2,500 to $5,000, with a median of $2,500. The largest listed awards were five grants of $5,000 each to individual recipients for student loans. Other listed awards supported student loans and scholarship awards.
The foundation’s 2025 filing states that scholarships are limited to the top student of each graduating class. Before 2024, students could apply for loans; loan requests approved before 2024 continue to be honored until their terms are fulfilled. The filing says the foundation does not restrict giving to preselected organizations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2026 filing lists Mike Smith as president and Melanie Proffitt, Bill Burchfield, and Jill Jackson as directors.
Ruth Veasey Educational Foundation Inc is led by Mike Smith, President since 2021 (on filings since 2020); none of the 4 officers listed in 2026 report compensation.
Officers on the 2026 filing
Mike Smith
President
Director → President, 2021
On filings since 2020
No compensation reported
Bill Burchfield
Director
On filings since 2020
No compensation reported
Jill Jackson
Director
On filings since 2020
No compensation reported
Melanie Proffitt
Director
On filings since 2020
No compensation reported
Former officers (2)
- Former: David Holt (2020–2023) — Secretary
- Former: Jimmy G Parkerson (2020) — President
Data from IRS Form 990 filings, 2020–2026. "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 Ruth Veasey Educational Foundation Inc
How much does Ruth Veasey Educational Foundation Inc give each year?
Ruth Veasey Educational Foundation Inc gave $56K across 17 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $96K across 17 grants.
What is Ruth Veasey Educational Foundation Inc's typical grant size?
Ruth Veasey Educational Foundation Inc's median grant in 2026 was $2,500, and its average grant was $3,284, across 17 grants on its 2026 IRS Form 990-PF.
Where does Ruth Veasey Educational Foundation Inc give grants?
Ruth Veasey Educational Foundation Inc gives mostly in Arkansas: 100% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there.
Does Ruth Veasey Educational Foundation Inc give general operating support?
Not in 2026: none of the 17 grants with a stated purpose on Ruth Veasey Educational Foundation Inc's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Student Loans" (9 grants) and "Scholarship Award" (8 grants).
How large is Ruth Veasey Educational Foundation Inc?
Ruth Veasey Educational Foundation Inc reported $2.3M in total assets on its 2026 IRS Form 990-PF. Its revenue that year was $137K.
What does Ruth Veasey Educational Foundation Inc fund?
The foundation’s filing describes direct charitable activity as scholarship awards to qualifying individuals. Its 2025 filing states that, beginning in 2024, scholarships are awarded each year to top students at various high schools in the surrounding area. See mission & focus areas ↑
How do I apply for a grant from Ruth Veasey Educational Foundation Inc?
The 2025 filing identifies Mike Smith as the contact. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Ruth Veasey Educational Foundation Inc's EIN?
Ruth Veasey Educational Foundation Inc's EIN (Employer Identification Number) is 71-6051103. IRS Form 990 filing data is available on this page for 2020–2026.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS July 22, 2026)
- IRS filings on file for fiscal years 2020–2025
Other open foundation grants in Arkansas
Arkansas Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Ruth Veasey Educational Foundation Inc's focus areas in our free grants database
Similar Funders
Similar funders in Arkansas
Walton Family Foundation Inc
Bentonville, AR
The Walton Family Foundation funds K–12 education, river and ocean conservation, and quality-of-life initiatives in Northwest Arkansas and the Arkansas-Mississippi Delta; its grants also support organizations and projects elsewhere in the U.S. Its 2024 grants had a median of $200,000, with awards ranging from $1,000 to $35.6 million. It does not accept unsolicited requests except from eligible public charter school developers applying to its startup grant program; other organizations must first submit a letter of inquiry and await an invitation.
Assets
$6.1B
Grants
1,020
Total Given
$562.3M
Arkansas Community Foundation Inc
Little Rock, AR
Arkansas Community Foundation funds charitable work in education, community life, family services and health, including programs for food security, early literacy and the arts, primarily across Arkansas through statewide and local grant programs. Its 2025 grants had a median award of $17,000, though amounts varied widely; it accepts applications through specific competitive programs, but the profile does not state whether it accepts unsolicited requests generally.
Assets
$895.9M
Grants
827
Total Given
$58.7M
Arvest Foundation
Bentonville, AR
Arvest Foundation funds economic development, community programs, arts, nonprofit capacity, scholarships, and construction projects, primarily in Arkansas, Oklahoma, and Missouri. In 2024, grants ranged from $1,000 to $75,000, with a median of $5,000. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$21.0M
Grants
562
Total Given
$4.3M
Windgate Charitable Foundation Inc
Little Rock, AR
Windgate Charitable Foundation funds contemporary craft and visual arts education across the United States, plus education, health, and community initiatives for Arkansas organizations. Its 2025 grants ranged from $2,000 to $7.52 million, with a median of about $54,700. It does not accept unsolicited requests; organizations funded in the past five years may apply through its grantee portal.
Assets
$421.0M
Grants
341
Total Given
$105.6M
Wend II Inc
Bentonville, AR
Wend II Inc funds racial justice, youth, river stewardship, and community-support initiatives, with 2025 grants ranging from $23,050 to $724,972 and a median of $174,713. Its 2025 grants went to organizations in Virginia, Arizona, Wisconsin, Colorado, and Massachusetts. The foundation funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$153.6M
Grants
5
Total Given
$1.2M
WAL-Mart Foundation
Bentonville, AR
The Wal-Mart Foundation funds economic opportunity, sustainability, racial equity, and community programs, with a focus on places where Walmart operates; its 2025 grants ranged from $5,000 to $8.51 million, with a median of $430,000. It accepts unsolicited requests through some program-specific routes, including open Spark Good Local Grants of $250–$5,000; application options vary by program.
Assets
$23.4M
Grants
144
Total Given
$113.9M
More similar funders
More Funders in Arkansas
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Ruth Veasey Educational Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Ruth Veasey Educational Foundation Inc down — hundreds of funders to go?