About Farmers Bank Foundation
Farmers Bank Foundation focuses its giving on local community-building in Magnolia and the surrounding southwest Arkansas/Texarkana region, with a strong emphasis on education and workforce development through scholarships, school facilities and college foundations. The foundation also supports public safety (police and fire), youth agriculture programs and community events/faith-based activities, frequently routing funds through local foundations and institutions and allowing grantees discretion over scholarship use.
Focus Areas
Discretionary scholarships for local K–12 and college students (via community and university foundations)Workforce development facility and vocational training support in Hope/TexarkanaLocal community college and school infrastructure (signage, equipment)Youth agricultural education (equipment and program support)Public safety capital/equipment for local police and fire departments
Who They Fund
public K-12 schoolsstudents (scholarship recipients)universities/colleges
About Farmers Bank Foundation
A defining feature of Farmers Bank Foundation’s recent giving is its use of scholarship support as a flexible tool for local education. In 2024, it gave $12,500 to Arkansas Community Foundation - Hope Legacy Fund for scholarships at the discretion of Hope Public Schools, and it made the same type of scholarship-related grant in 2023. That pattern sits alongside larger commitments to regional higher education, including $14,200 to Texarkana College Foundation for an electronic sign and $10,000 to Texas A&M University Texarkana for scholarships at the discretion of the university. The foundation also backs workforce and civic needs in southwest Arkansas and Texarkana-area communities. Grants have supported a workforce development school in Hope, equipment for Magnolia Fire Department, and a general donation to Paris Police Officers Association. Its recent list shows a mix of school-related support, public safety funding, and community contributions routed through local foundations and institutions.
What Farmers Bank Foundation Funds
Education appears in several forms across the foundation’s grants. Farmers Bank Foundation gave $14,200 to Texarkana College Foundation for an electronic sign, $10,000 to University of Arkansas Hope-Texarkana Foundation for general support, and $10,000 to Texas A&M University Texarkana for scholarships at the discretion of the university. K-12 support also shows up through a $2,500 grant to Harmony Grove School District for a turf project at the high school and a $500 grant to Paris Independent School District for general support. Beyond schools, the foundation backed youth agriculture with $12,500 to Organization for Youth Education in Agriculture for an agriculture trailer. Public safety is another clear theme, including $10,000 to Magnolia Fire Department for equipment for a truck and $4,000 to Arkansas State Police Foundation to support state troopers.
How Farmers Bank Foundation Gives
Farmers Bank Foundation’s typical grant size is moderate, with a p25 of $1,750, a median of $5,150, and a p75 of $10,000. The recent record includes both one-time and repeated support: Arkansas Community Foundation - Hope Legacy Fund appears in consecutive years, as does The Call, Arkansas State Police Foundation, Razorback Foundation, and Harmony Grove School District. That suggests some recurring relationships rather than isolated awards. The foundation is structured as a bank foundation and accepts unsolicited contributions through an online request-for-contribution form for community organizations. It funds individuals: False is reflected in its scholarship grants flowing through schools, university foundations, and community foundations rather than directly to people.
Financial Snapshot
Annual Giving
$92K
Total Assets
$27K
Total Revenue
$174K
Total Expenses
$179K
Typical Grant Size
Most grants fall between $2K and $10K, with a median of $5K.
25th Percentile
$2K
Median
$5K
75th Percentile
$10K
Geographic Reach
Regional2 states funded
Funding intensity
LowHigh
Headquarters
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