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Filing year 2024

RANKIN FOUNDATION

Chicago, Illinois·EIN 92-0766808·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.2M
Total assets
$3.9M
Total expenses
$392k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. RANKIN FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

President
Secretary/treasurer
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$427k

Itemized grants

3

Median grant

$107k

RecipientLocationPurposeAmount
CARNEGIE MELLON UNIVERSITYPITTSBURG, PAFOR THE ENGINEERING RESILLENCE FOR CLIMATE ADAPTATION FUND.$300k
THE PEW CHARITABLE TRUSTSWASHINGTON, DCTO PROVIDE TECHNICAL ASSISTANCE TO LOUISIANA ECONOMIC DEVELOPMENT IN EVALUATING THE STATE'S READINESS FOR ATTRACTING AND EXPANDING OFFSHORE WIND ENERGY SUPPLY CHAIN INDUSTRIES AND TO ORGANIZE A SUPPLY CHAIN SYMPOSIUM IN LOUISIANA.$107k
MARCH FOURTHWINNETKA, ILTO BRING MORE AWARENESS TO THE GENERAL PUBLIC ABOUT MASS SHOOTINGS THROUGH EDUCATION AND CONVENINGS.$20k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

RANKIN FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.4M
$348k
2023
$1.2M
$392k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Illinois

RANKIN FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Illinois earns a median of $20,738.

25th percentile
$7k
Median
$20,738
75th percentile
$60k
90th percentile
$148k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 2,342 organizations across 2,342 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Illinois
FAQ

Common questions about RANKIN FOUNDATION

What are RANKIN FOUNDATION's revenue and expenses?

In 2024, RANKIN FOUNDATION reported $1.2M in total revenue and $392k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.