| HARDSCRABBLE COUNTRY CLUB | Fort Smith | — | $4.9M | 2 |
| LEGAL AID OF ARKANSAS | Springdale | I80Z Crime & Legal-Related | $4.8M | 1 |
| Hutchcraft Ministries Inc | Harrison | X21Z Religion-Related | $4.8M | 4 |
| GIRL SCOUTS - DIAMONDS OF ARKANSAS OKLAHOMA & TEXAS | Little Rock | Z99 Unknown | $4.8M | 3 |
| LITTLE ROCK WORKFORCE DEVELOPMENT BOARD | Little Rock | S32 Community Improvement & Capacity Building | $4.7M | 2 |
| CHILDRENS HOME INC | Paragould | P70 Human Services | $4.7M | 1 |
| NATURAL STATE COUNCIL | Little Rock | O410 Youth Development | $4.7M | 2 |
| HABITAT FOR HUMANITY OF CENTRAL ARKANSAS INC | Little Rock | L20Z Housing & Shelter | $4.6M | 1 |
| Hope Cancer Resources | Springdale | E300 Health Care | $4.6M | 1 |
| ARKANSAS RURAL HEALTH PARTNERSHIP INC | Lake Village | E99 Health Care | $4.6M | 2 |
| RICK C & BELINDA G FOUNDATION | Fayetteville | A99 Arts, Culture & Humanities | $4.5M | 0 |
| NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC | Harrison | — | $4.5M | 1 |
| THE ANTHONY SCHOOL | Little Rock | — | $4.5M | 1 |
| RECOVERY CENTERS OF ARKANSAS INC | Little Rock | F220 Mental Health & Crisis Intervention | $4.5M | 1 |
| AREA AGENCY ON AGING OF SOUTHWEST AR INC | Magnolia | P81Z Human Services | $4.5M | 2 |
| Pneuma Ministries | North Little Rock | X20 Religion-Related | $4.5M | 0 |
| GEORGE W DONAGHEY FOUNDATION | Little Rock | B110 Education | $4.4M | 0 |
| ARKANSAS SCHOOL BOARDS ASSOCIATION | Little Rock | — | $4.4M | 5 |
| THE REFORM ALLIANCE | Little Rock | B90 Education | $4.4M | 0 |
| Washington Regional Medical Foundation | Fayetteville | P20 Human Services | $4.4M | 5 |
| SOUTHERN BANCORP CAPITAL PARTNERS | Little Rock | — | $4.4M | 8 |
| MERCY CREST HOUSING INC | Barling | — | $4.4M | 0 |
| TYSON FAMILY FOUNDATION INC | Fayetteville | T20 Philanthropy, Voluntarism & Grantmaking Foundations | $4.4M | 2 |
| CENTER FOR ARKANSAS LEGAL SERVICES | Little Rock | I800 Crime & Legal-Related | $4.4M | 1 |
| HEAD START CHILD AND FAMILY SERVICE | Van Buren | B210 Education | $4.4M | 0 |
| POTTER'S HOUSE 98 | Fayetteville | P20 Human Services | $4.3M | 0 |
| HOT SPRINGS COUNTRY CLUB INC | Hot Springs | N50 Recreation & Sports | $4.3M | 1 |
| LIFE WAY CHRISTIAN SCHOOL | Centerton | B25 Education | $4.3M | 0 |
| Watershed Conservation Resource Center | Fayetteville | C32 Environment | $4.3M | 2 |
| INFLUENCERS GLOBAL MINISTRIES | Bentonville | X02 Religion-Related | $4.2M | 3 |
| GFPB Inc | Pine Bluff | S80 Community Improvement & Capacity Building | $4.2M | 1 |
| Southeast Arkansas Behavioral Healthcare | Pine Bluff | F300 Mental Health & Crisis Intervention | $4.2M | 2 |
| CHRISTOPHER HOMES INC | Sherwood | — | $4.2M | 0 |
| LITTLE ROCK REGIONAL CHAMBER OF COMMERCE | Little Rock | — | $4.2M | 5 |
| Professional Counseling Associates Inc | North Little Rock | F32Z Mental Health & Crisis Intervention | $4.1M | 5 |
| HEART OF ARKANSAS UNITED WAY | Little Rock | T70Z Philanthropy, Voluntarism & Grantmaking Foundations | $4.1M | 1 |
| OUR HEALTHY COMMUNITIES INC | Rogers | — | $4.1M | 0 |
| CHILDREN'S MUSEUM OF NW ARKANSAS | Bentonville | A50 Arts, Culture & Humanities | $4.1M | 2 |
| CENTRAL ARKANSAS PLANNING & DEVELOPMENT DISTRICT INC | Lonoke | S300 Community Improvement & Capacity Building | $4.1M | 1 |
| FAYETTEVILLE COUNTRY CLUB | Fayetteville | N50 Recreation & Sports | $4.1M | 0 |
| SINGLE PARENT SCHOLARSHIP FUND OF NORTHWEST ARKANSAS INC | Bentonville | B82 Education | $4M | 1 |
| FORT SMITH PUBLIC LIBRARY | Fort Smith | B71Z Education | $4M | 0 |
| SPRINGDALE COUNTRY CLUB | Springdale | — | $4M | 0 |
| ARKANSAS ONE-CALL SYSTEM INC | Conway | — | $4M | 3 |
| CONWAY COUNTY CENTER FOR EXCEPTIONAL CHI | Morrilton | P820 Human Services | $4M | 2 |
| Goodwill Arkansas Education Initiatives Inc | Little Rock | B29 Education | $4M | 3 |
| WHITE RIVER PLANNING & DEVELOPMENT DISTR | Batesville | — | $4M | 2 |
| NE ARKANSAS COMMUNITY MENTAL HEALTH CENTER INC | Jonesboro | — | $3.9M | 7 |
| ARKANSAS COMMUNITY COLLEGES | Little Rock | B41Z Education | $3.9M | 1 |
| Hospital Development Foundation Inc | Mountain Home | — | $3.9M | 0 |