Ruth Veasey Educational Foundation Inc
Ruth Veasey Educational Foundation Inc is a private foundation based in Dermott, Arkansas. Established in 1963, the organization operates as a 501(c)(3) tax-exempt entity and is classified as a private foundation under IRS regulations.
Key facts about Ruth Veasey Educational Foundation Inc
- EIN
- 71-6051103
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $95,840
- Grants made (2025)
- 17
- Average grant
- $5,638
- Median grant
- $5,000
- New grantees (estimate)
- 0% first-time grantees (0 of 16, 2025)
- Total assets
- $2,282,725
- Primary geography
- Arkansas (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Ruth Veasey Educational Foundation Inc funds
By grant dollars, the top recipient states for Ruth Veasey Educational Foundation Inc's 17 itemized 2025 grants were Arkansas (100%). The most frequent recipient cities were Lake Village, AR (6 grants), McGehee, AR (2 grants), Eudora, AR (2 grants) and Crossett, AR (2 grants). None of its 17 grants with a stated purpose were described as general or operating support. Recurring purposes include "Student Loans" (16 grants).
Is Ruth Veasey Educational Foundation Inc open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 16 grantees (0%) were first-time recipients. How we count
Estimate from itemized IRS Form 990-PF grant lists (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Ruth Veasey Educational Foundation Inc
- How to evaluate Ruth Veasey Educational Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Ruth Veasey Educational Foundation Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.3M
+38.0% YoY
Annual Giving
$96K
-42.8% YoY
Grant Count
17
-50.0% YoY
Avg Grant Size
$6K
+14.4% YoY
Mission & Focus Areas
The foundation's primary charitable activities center on providing scholarship loans to qualifying individuals. The organization does not maintain a publicly stated mission statement.
Grantmaking
The foundation distributes funds through scholarship loans rather than traditional grants. Based on recent tax filings, the foundation made distributions totaling approximately $226,000, with individual awards typically ranging up to $5,000. The foundation made 34 distributions in the most recent reporting period.
Ready to take the next step with Ruth Veasey Educational Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation operates from Dermott, Arkansas, though specific geographic limitations on funding are not documented in available sources.
Grant Distribution by State
Share of all 17 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending May 2025:
- Total Assets: $2,280,377
- Annual Revenue: $801,479
- Annual Expenses: $210,264
- Net Income: $591,215
- Total Liabilities: $2,350
The foundation's revenue is primarily derived from contributions, which represent 86.1% of total revenue.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,282,725 | $1,654,525 | $1,121,106 |
| Revenue | $801,479 | $675,362 | $178,021 |
| Expenses | $210,264 | $234,413 | $316,581 |
| Qualifying Distributions | $199,876 | $226,387 | $314,993 |
| Net Investment Income | $747,331 | $577,444 | $114,237 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
143 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Scholarship Award Recipients ($17,502), Allbritton Josalyn ($5,004), Anderson Clayton ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Scholarship Award Recipients McGehee, AR | Scholarship Award | $17,502 |
| Allbritton Josalyn Lake Village, AR | Student Loans | $5,004 |
| Anderson Clayton Lake Village, AR | Student Loans | $5,000 |
| Burdan Mary Ashton McGehee, AR | Student Loans | $5,000 |
| Potter Henry Williams Lake Village, AR | Student Loans | $5,000 |
| Burchfield Maci Grace Crossett, AR | Student Loans | $5,000 |
| Cassels Lauren Elizabeth Hot Springs, AR | Student Loans | $5,000 |
| Cox Aidan Kole Lake Village, AR | Student Loans | $5,000 |
| Cox Jason Alexander Watson, AR | Student Loans | $5,000 |
| Humphries Zoe P Tillar, AR | Student Loans | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by the following board members:
- Mike Smith, President
- Melanie Proffitt, Director
- Bill Burchfield, Director
- Jill Jackson, Director
All board members serve without compensation.
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Melanie Proffitt | Director | — | — |
| Bill Burchfield | Director | — | — |
| Jill Jackson | Director | — | — |
| Mike Smith | President | — | — |
Frequently Asked Questions
What does Ruth Veasey Educational Foundation Inc fund?
The foundation's primary charitable activities center on providing scholarship loans to qualifying individuals. The organization does not maintain a publicly stated mission statement.
How do I apply for a grant from Ruth Veasey Educational Foundation Inc?
The foundation distributes funds through scholarship loans rather than traditional grants. Based on recent tax filings, the foundation made distributions totaling approximately $226,000, with individual awards typically ranging up to $5,000. The foundation made 34 distributions in the most recent reporting period.
Where does Ruth Veasey Educational Foundation Inc make grants?
The foundation operates from Dermott, Arkansas, though specific geographic limitations on funding are not documented in available sources.
What size grants does Ruth Veasey Educational Foundation Inc award?
In 2025, Ruth Veasey Educational Foundation Inc awarded 17 grants totaling $96K — an average of about $6K per grant, based on its IRS Form 990 filings.
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 2020–2025.
Explore Open Grants
Browse active grant opportunities in Ruth Veasey Educational Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Walton Family Foundation Inc
Bentonville, AR
Assets
$6.1B
Grants
1,020
Total Given
$562.3M
Arkansas Community Foundation Inc
Little Rock, AR
Assets
$895.9M
Grants
827
Total Given
$58.7M
Arvest Foundation
Bentonville, AR
Assets
$21.0M
Grants
562
Total Given
$4.3M
Windgate Charitable Foundation Inc
Little Rock, AR
Assets
—
Grants
341
Total Given
$105.6M
Wend II Inc
Bentonville, AR
Assets
$148.7M
Grants
155
Total Given
$56.6M
Wal-Mart Foundation
Bentonville, AR
Assets
$23.4M
Grants
144
Total Given
$113.9M
Alumbra Innovations Foundation
Bentonville, AR
Assets
$113.5M
Grants
137
Total Given
$28.5M
The Schmieding Foundation
Springdale, AR
Assets
$14.5M
Grants
109
Total Given
$2.6M
The Winthrop Rockefeller Foundation
Little Rock, AR
Assets
$151.5M
Grants
106
Total Given
$6.5M
Simmons First Foundation Inc
Pine Bluff, AR
Assets
$19.3M
Grants
102
Total Given
$868K
Alice L Walton Foundation
Bentonville, AR
Assets
$4.7B
Grants
95
Total Given
$47.1M
Pure Inc
Bentonville, AR
Assets
$1.4M
Grants
93
Total Given
$27.3M
More Funders in Arkansas
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.