Tim and Peggy Farrell Fund Inc
Tim and Peggy Farrell Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LITTLE ROCK, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $511K in total assets. In 2024, it awarded 13 grants totaling $34K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$511K
-5.6% YoY
Annual Giving
$34K
+40.3% YoY
Grant Count
13
+30.0% YoY
Avg Grant Size
$3K
+7.9% YoY
Under IRS private-foundation payout rules, Tim and Peggy Farrell Fund Inc reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.
About Tim and Peggy Farrell Fund Inc
Based on IRS filings
Tim and Peggy Farrell Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LITTLE ROCK, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $511K in total assets. In 2024, it awarded 13 grants totaling $34K. Net investment income was $9K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $511,109 | $541,360 | $574,097 |
| Revenue | $19,338 | $5,128 | $64,250 |
| Expenses | $49,589 | $37,865 | $57,064 |
| Qualifying Distributions | $34,279 | $24,440 | $44,045 |
| Net Investment Income | $9,470 | $6,451 | $56,913 |
| Distributable Amount | $25,785 | $32,806 | $32,395 |
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 2024
Grant Size Distribution
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ferncliff Camp & Conference Center ($10,000), Arkansas Razorback Foundation ($5,253), Carti ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMERS ARKANSAS LITTLE ROCK, AR | SUPPORT | $1,000 |
| AR CINEMA SOCIETY LITTLE ROCK, AR | SUPPORT | $1,026 |
| ARKANSAS EASTER SEALS LITTLE ROCK, AR | SUPPORT | $2,500 |
| ARKANSAS RAZORBACK FOUNDATION FAYETTEVILLE, AR | SUPPORT | $5,253 |
| ARKANSAS REPERTORY THEATRE LITTLE ROCK, AR | SUPPORT | $2,000 |
| CARTI LITTLE ROCK, AR | SUPPORT | $5,000 |
| CRYSTAL BRIDGES MUSEUM BENTONVILLE, AR | SUPPORT | $500 |
| SECOND PRESBYTERIAN CHURCH LITTLE ROCK, AR | SUPPORT | $3,000 |
| UAMS INSTITUTE ON AGING LITTLE ROCK, AR | SUPPORT | $2,000 |
| AR SYMPHONY ORCHESTRA LITTLE ROCK, AR | SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIM FARRELL | DIRECTOR | 1 | $4,721 |
| PEGGY FARRELL | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Tim and Peggy Farrell Fund Inc?
Tim and Peggy Farrell Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LITTLE ROCK, AR. It holds $511K in total assets as of 2024.
How large is Tim and Peggy Farrell Fund Inc?
As of 2024, Tim and Peggy Farrell Fund Inc holds $511K in total assets with $19K in annual revenue. It awarded 13 grants totaling $34K in 2024.
Where does Tim and Peggy Farrell Fund Inc operate?
Tim and Peggy Farrell Fund Inc has awarded grants in Alabama, Arkansas.
What size grants does Tim and Peggy Farrell Fund Inc award?
In 2024, Tim and Peggy Farrell Fund Inc awarded 13 grants totaling $34K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Tim and Peggy Farrell Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Tim and Peggy Farrell Fund Inc reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tim and Peggy Farrell Fund Inc's EIN?
Tim and Peggy Farrell Fund Inc's EIN (Employer Identification Number) is 20-0374985. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Tim and Peggy Farrell Fund Inc'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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