TO PROMOTE AND DEVELOP ACCESS TO AND DELIVERY OF HEALTHCARE SERVICES IN WESTERN ARKANSAS AND EASTERN OKLAHOMA, TO IMPROVE THE QUALITY AND AVAILABILITY OF HEALTHCARE SERVICES, TO FACILITATE AND PROMOTE HEALTHCARE EDUCATION, TO AID AND SUPPORT ESTABLISHED RELIGIOUS OR CHARITABLE ORGANIZATIONS, AND TO SUPPORT AND FACILITATE AS A SUPPORTING ORGANIZATION THE EDUCATIONAL MISSION OF THE ARKANSAS COLLEGES OF HEALTHCARE EDUCATION AND THE UNITED WAY OF FORT SMITH AREA, INC.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.3M
+3.5% YoY
Annual Giving
$200K
-50.4% YoY
Grant Count
5
-37.5% YoY
Avg Grant Size
$40K
-20.7% YoY
About The Degen Foundation
Based on IRS filings
The Degen Foundation is a nonprofit organization focused on Health, based in FORT SMITH, AR. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $14.3M in total assets. In 2024, it awarded 5 grants totaling $200K. Net investment income was $419K.
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 | $14,346,833 | $13,857,942 | $13,382,572 |
| Revenue | $489,107 | $774,095 | $4,463,025 |
| Expenses | $1,157,647 | $587,883 | $625,690 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $418,553 | $774,095 | $4,462,995 |
| 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 5 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Open Grants
1 open opportunity from The Degen Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Arkansas Colleges of Health Education ($132,490), Methodist Village Senior Living ($25,000), Community Dental Clinic ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARKANSAS COLLEGES OF HEALTH EDUCATION FORT SMITH, AR | SUPPORT MEDICAL SCHOOL | $132,490 |
| COMMUNITY DENTAL CLINIC FORT SMITH, AR | FOR PURCHASE OF DENTAL EQUIPMENT | $20,000 |
| COMMUNITY SERVICES CLEARINGHOUSE FORT SMITH, AR | YEAR END GIFT | $7,800 |
| METHODIST VILLAGE SENIOR LIVING FORT SMITH, AR | SENSORY SANCTUARY | $25,000 |
| MONARCH 61 PROJECT VAN BUREN, AR | YEAR END GIFT | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN PHARIS | DIRECTOR | 1 | — |
| JOHN R TAYLOR | TREASURER | 1 | — |
| BENNY GOODEN EDD | DIRECTOR | 1 | — |
| ROBERT COOPER | CHAIR | 1 | — |
| DAVID CRAIG | DIRECTOR | 1 | — |
| AMY MENDENHALL | DIRECTOR | 1 | — |
| JEFF BEAUCHAMP | DIRECTOR | 1 | — |
| DON HUTCHINGS | DIRECTOR | 1 | — |
| MITZY LITTLE | VICE CHAIR | 1 | — |
| CARLY S MARSHALL | SECRETARY | 1 | — |
| AUDRA JACKSON MD | DIRECTOR | 1 | — |
| DR JUSTIN VORIS | DIRECTOR | 1 | — |
| PAYNE HALL | DIRECTOR | 1 | — |
| ROBERT HERRERA | DIRECTOR | 1 | — |
| CARMEN OXFORD | DIRECTOR | 1 | — |
| THOMAS WEBB | EXECUTIVE DIRECTOR | 1 | $24,500 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Degen Foundation?
The Degen Foundation is a nonprofit organization focused on Health, based in FORT SMITH, AR. It holds $14.3M in total assets as of 2024.
How large is The Degen Foundation?
As of 2024, The Degen Foundation holds $14.3M in total assets with $489K in annual revenue. It awarded 5 grants totaling $200K in 2024.
Where does The Degen Foundation operate?
The Degen Foundation has awarded grants in Arkansas.
What size grants does The Degen Foundation award?
In 2024, The Degen Foundation awarded 5 grants totaling $200K — an average of about $40K per grant, based on its IRS Form 990 filings.
What is The Degen Foundation's EIN?
The Degen Foundation's EIN (Employer Identification Number) is 71-0575827. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Degen Foundation'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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