Tony and Libba Rane Foundation
ABBEVILLE, AL EIN: 86-3795087
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.4M
-1.8% YoY
Annual Giving
$48K
+242.9% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$24K
+71.4% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,423,663 | $1,449,388 | $1,398,971 |
| Revenue | $52,123 | $83,352 | $802,463 |
| Expenses | $77,848 | $32,935 | $62,114 |
| Qualifying Distributions | $72,542 | $14,000 | $31,000 |
| Net Investment Income | $47,892 | $58,264 | $802,463 |
| Distributable Amount | $76,538 | $70,635 | $29,601 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Tony and Libba Rane Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES W RANE | PRESIDENT AND TREASURER | 1 | — |
| MICHAEL G RANE | SECRETARY | 1 | — |
| C JACK CARPENTER | VICE-PRESIDENT | 0.5 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Alabama $123K (100%)
States
Cities
AbbevilleBirmingham
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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