The Rankin Foundation Inc
The Rankin Foundation Inc is a private foundation, based in Magnolia, AR. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $251K in total assets. In 2025, it awarded 6 grants totaling $40K. Net investment income was $10K.
The Rankin Foundation Inc at a glance
In short: The Rankin Foundation Inc gave $40K across 6 grants in 2025 (avg $7K), mostly in Arkansas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $40,000
- +14.3% vs 2024
- Grants made (2025)
- 6
- -33.3% vs 2024
- Average grant
- $6,667
- +71.4% vs 2024
- Median grant
- $3,000
- Total assets
- $251,334
- -9.0% vs 2024
- Primary geography
- Arkansas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Rankin Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was SAU Foundation ($22K). Together the top 6 received $40K.
Grant Size Distribution
38 grants across all recorded years
The most common grant size was under $50K: 38 grants of 38 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How The Rankin Foundation Inc gives
- Giving grew 27% from 2022 to 2025. Method
- In 2025 it paid out 104% of its IRS minimum distribution (the 5% rule). 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 2025, annual grant giving ranged from $24K (2020) to $40K (2025). In 2025 it made 6 grants totaling $40K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SAU Foundation Magnolia, AR | Unrestricted Scholarships | $22,000 |
| Arkansas Community Foundation Little Rock, AR | Donation | $10,000 |
| Ouachita Baptist Foundation Arkadelphia, AR | Donation | $5,000 |
| Columbia Couonty Animal Protection Magnolia, AR | Donation | $1,000 |
| Economics Arkansas Foundation Little Rock, AR | Donation | $1,000 |
| Miss Arkansas Scholarship Found Little Rock, AR | Donation | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $251,334 | $16,073 | $40,845 | $40,000 | 6 | $40,000 | $10,191 | $38,331 |
| 2024 | $276,254 | $58,150 | $35,866 | $35,000 | 9 | $35,000 | $10,635 | $33,000 |
| 2023 | $254,120 | $55,970 | $32,370 | $31,500 | 8 | $31,500 | $10,795 | $15,954 |
| 2022 | $230,867 | $25,661 | $32,205 | $31,500 | 6 | $31,500 | $24,956 | $29,310 |
| 2021 | $237,560 | $27,830 | $33,165 | $32,500 | 9 | $32,500 | $10,728 | $24,066 |
| 2020 | $243,036 | $10,721 | $24,593 | $24,000 | 6 | — | $10,128 | $23,564 |
Under IRS private-foundation payout rules, The Rankin Foundation Inc reported a distributable amount of $38K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Rankin Foundation Inc is led by David F. Rankin, Chairman on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
David F. Rankin
Chairman
On filings since 2020
No compensation reported
Toni C. Rankin
Secretary & Treasurer
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 The Rankin Foundation Inc
How much does The Rankin Foundation Inc give each year?
The Rankin Foundation Inc gave $40K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $35K across 9 grants.
What is The Rankin Foundation Inc's typical grant size?
The Rankin Foundation Inc's median grant in 2025 was $3,000, and its average grant was $6,667, across 6 grants on its 2025 IRS Form 990-PF.
Where does The Rankin Foundation Inc give grants?
The Rankin Foundation Inc gives mostly in Arkansas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Little Rock, AR (3 grants) and Magnolia, AR (2 grants).
Does The Rankin Foundation Inc give general operating support?
Yes: 17% of The Rankin Foundation Inc's 2025 grants with a stated purpose (1 of 6) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Donation" (5 grants).
Who are The Rankin Foundation Inc's largest grantees?
The Rankin Foundation Inc's largest 2025 grantees include SAU Foundation ($22,000), Arkansas Community Foundation ($10,000) and Ouachita Baptist Foundation ($5,000), according to its 2025 IRS Form 990-PF. Together they received 93% of its itemized 2025 grant dollars.
How large is The Rankin Foundation Inc?
The Rankin Foundation Inc reported $251K in total assets on its 2025 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets).
What is The Rankin Foundation Inc's EIN?
The Rankin Foundation Inc's EIN (Employer Identification Number) is 71-0833063. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 16, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 17, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 27, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 7, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 25, 2026)
- IRS filings on file for fiscal years 2020–2025
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