Frances M & W W Rankin Memorial Tr 053191 - 32-4777700
- Assets
- $2.7m
- Revenue
- $72.1k
- Investments
- $2.7m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 06/1992
- Data as of
- 12/2023
- EIN
- 56-6406278
Organization Overview
Frances M & W W Rankin Memorial Tr 053191 - 32-4777700 is located in Las Vegas, NV. The organization was established in 1992. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frances M & W W Rankin Memorial Tr 053191 - 32-4777700 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Frances M & W W Rankin Memorial Tr 053191 - 32-4777700 generated $72.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $186.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Frances M & W W Rankin Memorial Tr 053191 - 32-4777700 has awarded 45 individual grants totaling $713,354. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $85,653 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$15,467 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,904 |
| Total Revenue | $72,090 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,486 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $989 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $38,783 |
| Contributions, gifts, grants paid | $148,074 |
| Total expenses and disbursements | $186,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $570 |
| Savings and temporary cash investments | $68,246 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,678,134 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,746,950 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Frances M & W W Rankin Memorial Tr 053191 - 32-4777700 has awarded $148,074 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
MASONIC & EASTERN STAR HOME NC PURPOSE: GENERAL OPERATING | $9,872 |
THE TRUSTEES OF DAVIDSON COLLEGE PURPOSE: GENERAL OPERATING | $19,743 |
WILLIAM PEACE UNIVERSITY PURPOSE: GENERAL OPERATING | $19,743 |
ST ANDREWS PRESBYTERIAN COLLEGE PURPOSE: GENERAL OPERATING | $19,743 |
PRESBYTERIAN HOMES INC PURPOSE: GENERAL OPERATING | $9,872 |
MASONIC HOME FOR CHILDREN AT OXFORD PURPOSE: GENERAL OPERATING | $9,872 |