The Clark & Robbie Raines

Foundation · Grantmaker Tullahoma, TN EIN: 20-8587396

The Clark & Robbie Raines is a private foundation focused on Education, based in Tullahoma, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $319K in total assets. In 2024, it awarded 7 grants totaling $18K. Net investment income was $10K.

Key facts about The Clark & Robbie Raines

EIN
20-8587396
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$17,500
Grants made (2024)
7
Average grant
$2,500
Median grant
$2,500
Total assets
$319,498
Primary geography
Tennessee (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Clark & Robbie Raines funds

By grant dollars, the top recipient states for The Clark & Robbie Raines's 7 itemized 2024 grants were Tennessee (100%). The most frequent recipient cities were Lynchburg, TN (2 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarship" (7 grants).

How The Clark & Robbie Raines gives

  • Giving grew 119% from 2021 to 2024. Method
  • In 2024 it paid out 111% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$319K

+1.7% YoY

Annual Giving

$18K

+12.2% YoY

Grant Count

7

+75.0% YoY

Avg Grant Size

$3K

-35.9% YoY

Under IRS private-foundation payout rules, The Clark & Robbie Raines reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.

About The Clark & Robbie Raines

Based on IRS filings

The Clark & Robbie Raines is a private foundation focused on Education, based in Tullahoma, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $319K in total assets. In 2024, it awarded 7 grants totaling $18K. Net investment income was $10K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 7 itemized 2024 grant dollars.

States

Cities

ShelbyvilleLynchburgMilligan CollegeMurfreesboroTullahomaClevelandCookevilleJohnson CityJohson CityNashville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6K$11K$17K$23K20202021202220232024
Metric202420232022
Total Assets$319,498$314,165$311,490
Revenue$13,092$12,694$15,610
Expenses$20,528$19,065$18,924
Qualifying Distributions$17,500$15,600$16,000
Net Investment Income$10,192$9,229$7,876
Distributable Amount$15,812$15,371$15,366

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$9K$13K$18K0 grants20204 grants20218 grants20224 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Patricia Barrera-Luna: $3KPatricia Barrera-Luna$3KTyler M Bowles: $3KTyler M Bowles$3KChloe Sazonon: $3KChloe Sazonon$3KMaci Jacobs: $3KMaci Jacobs$3KVada L Lower: $3KVada L Lower$3KAlexa M Askins: $3KAlexa M Askins$3KWilliam J Parker: $3KWilliam J Parker$3K

Grant Size Distribution

23 grants across all recorded years

23<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Patricia Barrera-Luna ($2,500), Tyler M Bowles ($2,500), Chloe Sazonon ($2,500).

RecipientPurposeAmount
PATRICIA BARRERA-LUNA Milligan College, TNSCHOLARSHIP$2,500
TYLER M BOWLES Shelbyville, TNSCHOLARSHIP$2,500
CHLOE SAZONON Johnson City, TNSCHOLARSHIP$2,500
MACI JACOBS Murfreesboro, TNSCHOLARSHIP$2,500
VADA L LOWER Lynchburg, TNSCHOLARSHIP$2,500
ALEXA M ASKINS Lynchburg, TNSCHOLARSHIP$2,500
WILLIAM J PARKER Cookeville, TNSCHOLARSHIP$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Jamie McNabbDirector——
Esther SimsSec/Tres/Dir——
Jim FieldsDirector——
Dale O Hunter JrPresident/Di——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Clark & Robbie Raines?

The Clark & Robbie Raines is a private foundation focused on Education, based in Tullahoma, TN. It holds $319K in total assets as of 2024.

How large is The Clark & Robbie Raines?

As of 2024, The Clark & Robbie Raines holds $319K in total assets with $13K in annual revenue. It awarded 7 grants totaling $18K in 2024.

Where does The Clark & Robbie Raines operate?

The Clark & Robbie Raines has awarded grants in Tennessee.

What size grants does The Clark & Robbie Raines award?

In 2024, The Clark & Robbie Raines awarded 7 grants totaling $18K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is The Clark & Robbie Raines required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Clark & Robbie Raines reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Clark & Robbie Raines's EIN?

The Clark & Robbie Raines's EIN (Employer Identification Number) is 20-8587396. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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