Skip to main content
Filing year 2024

WILLIAM RANKIN ELIZABETH FORBES RANKIN TRUST

Chicago, Illinois·EIN 13-6584984·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$788k
Total assets
$8.6M
Total expenses
$632k
Reported officers
2

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Co-trustee
Unclassified
$116k
$124k
Co-trustee
Unclassified
$18k
$19k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WILLIAM RANKIN ELIZABETH FORBES RANKIN TRUST equaled 18% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
18%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$485k

Itemized grants

5

Median grant

$97k

RecipientLocationPurposeAmount
LIGHTHOUSE INTERNATIONAL ATTN DONNA M LIPPMANNEW YORK, NYGENERAL$97k
AMERICAN HEART ASSOCIATION INCDALLAS, TXGENERAL$97k
AMERICAN CANCER SOCIETY INCATLANTA, GAGENERAL$97k
THE AMERICAN RED CROSSWASHINGTON, DCGENERAL$97k
THE SALVATION ARMY GREATER NYNEW YORK, NYGENERAL$97k
Compare this foundation's grantees

Up 12%
from 2023

From $104k in 2023 to $116k in 2024.

$104k
2023
$116k
2024
In today's dollarsEst.
Up 8% in real terms$115k to $124k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WILLIAM RANKIN ELIZABETH FORBES RANKIN TRUST

What are WILLIAM RANKIN ELIZABETH FORBES RANKIN TRUST's revenue and expenses?

In 2024, WILLIAM RANKIN ELIZABETH FORBES RANKIN TRUST reported $788k in total revenue and $632k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

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