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    3. Razorback Foundation
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    Razorback Foundation

    ActivoEducation
    FAYETTEVILLE, ARSitio web4794439000

    About Razorback Foundation

    Support Razorback student‑athletes through scholarships, student‑athlete development opportunities, facility construction and renovations, and other operations of the Athletic Department designed to enhance the student‑athlete experience.

    Focus Areas

    AthleticsScholarshipsStudent developmentFacility construction and renovation

    Who They Fund

    student-athletescollege/university athletic departmentshigher education institutions/campuses

    Funding Style

    capital grants/construction fundingrestricted program supportscholarship/financial aid for studentsoperational expense support for departments

    About Razorback Foundation

    Razorback Foundation Inc. directs its largest recent grant to the University of Arkansas for athletic department expenses, reflecting a grantmaking profile centered on collegiate sports support rather than broad charitable giving. The recent record shows a steady flow of high-dollar awards to the same campus in Fayetteville, with capital construction, athletic department operations, and scholarships all appearing in the mix. Across the latest grants provided, the foundation backed both day-to-day department expenses and longer-term facility work, indicating a dual emphasis on keeping athletics operating and improving the physical environment for student-athletes. The University of Arkansas is the clear focal point in the recent data, receiving multiple grants across 2023 and 2024. One set of awards supported athletic department expenses, while another supported capital construction, and smaller grants were directed to scholarships. That pattern matches the foundation’s stated priorities around student-athlete development, facility construction and renovation, and scholarship support. With annual grants totaling $40,458,568 and assets of $93,945,531, the foundation operates at a large scale within a local giving footprint.

    What Razorback Foundation Funds

    Scholarship support is one of the foundation’s stated priorities, and the recent grants include $254,875 to the University of Arkansas for scholarships in 2024. A second scholarship grant of $224,934 went to the same recipient in 2023, showing that this is not a one-off line of support. Facility work is another visible area. The University of Arkansas received $7,553,337 in 2024 for capital construction, following a $7,832,611 award in 2023 for the same purpose. Those grants align with the foundation’s focus on facility construction and renovation and campus capital projects related to athletics. Operational support also appears in the record. In 2024, the foundation gave $18,724,934 to the University of Arkansas for athletic department expenses, after a $5,867,877 grant in 2023 for athletic department expenses. This shows support for both operating costs and program infrastructure.

    How Razorback Foundation Gives

    Typical grant sizes are large: the 25th percentile is $1,658,126, the median is $6,710,607, and the 75th percentile is $7,762,792. The recent grants also show a concentration of repeated awards to the same recipient across multiple years, especially for the University of Arkansas. The foundation is a grantmaker, not an individual-giving funder, and it does not make program-related investments. The available data does not indicate an open application process; the pattern instead suggests institution-to-institution support tied to athletics.

    Financial Snapshot

    Annual Giving

    $40.5M

    Total Assets

    $93.9M

    Total Revenue

    $44.6M

    Total Expenses

    $35.6M

    Typical Grant Size

    Most grants fall between $1.7M and $7.8M, with a median of $6.7M.

    25th Percentile

    $1.7M

    Median

    $6.7M

    75th Percentile

    $7.8M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in AR.

    Intensidad de financiamiento
    Baja
    Alta
    Sede

    Leadership

    RYAN WHITE

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    Política de privacidadTérminos de servicioEstado del sistema
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    Topics

    athletic facility construction and renovationathletic department operating expensesstudent-athlete scholarshipscampus capital projects related to athleticssports program sustainability

    Where Razorback Foundation Makes Grants

    Giving is fully local in the provided data: 100% of grants go to recipients in Arkansas, and Arkansas is also the top state by grant count. All recent grants listed go to the University of Arkansas in Fayetteville, Arkansas. No non-U.S. recipient countries appear in the grant record.

    Frequently Asked Questions About Razorback Foundation

    What does Razorback Foundation Inc. fund most often?

    It funds University of Arkansas athletics support, especially athletic department expenses, capital construction, and scholarships. In the recent grants listed, the largest awards were $18,724,934 for athletic department expenses in 2024 and $7,553,337 for capital construction in 2024.

    How large are the foundation’s typical grants?

    The grant-size distribution is high-dollar: the 25th percentile is $1,658,126, the median is $6,710,607, and the 75th percentile is $7,762,792.

    Does Razorback Foundation Inc. fund outside Arkansas?

    No. The recipient-country distribution shows 100% of grants in the US, and 100% of grants go to recipients in Arkansas.

    Does the foundation support scholarships?

    Yes. The recent grants include $254,875 to the University of Arkansas for scholarships in 2024 and $224,934 for scholarships in 2023.

    Are grants recurring or one-time?

    The pattern is recurring. The University of Arkansas appears across multiple years and multiple purposes, including athletic department expenses, capital construction, and scholarships in both 2023 and 2024.

    Latest 990 Filing

    2024

    Source: IRS Form 990-PF, fiscal year 2024.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    UNIVERSITY OF ARKANSASFAYETTEVILLE, AR$18,724,9342024ATHLETIC DEPARTMENT EXPENSES
    UNIVERSITY OF ARKANSASFAYETTEVILLE, AR$7,553,3372024CAPITAL CONSTRUCTION
    UNIVERSITY OF ARKANSASFAYETTEVILLE, AR$254,8752024SCHOLARSHIPS
    UNIVERSITY OF ARKANSASFAYETTEVILLE, AR$7,832,6112023CAPITAL CONSTRUCTION
    UNIVERSITY OF ARKANSASFAYETTEVILLE, AR$5,867,8772023ATHLETIC DEPARTMENT EXPENSES
    UNIVERSITY OF ARKANSASFAYETTEVILLE, AR$224,9342023SCHOLARSHIPS

    UNIVERSITY OF ARKANSAS

    $18,724,934
    FAYETTEVILLE, AR2024

    ATHLETIC DEPARTMENT EXPENSES

    UNIVERSITY OF ARKANSAS

    $7,553,337
    FAYETTEVILLE, AR2024

    CAPITAL CONSTRUCTION

    UNIVERSITY OF ARKANSAS

    $254,875
    FAYETTEVILLE, AR2024

    SCHOLARSHIPS

    UNIVERSITY OF ARKANSAS

    $7,832,611
    FAYETTEVILLE, AR2023

    CAPITAL CONSTRUCTION

    UNIVERSITY OF ARKANSAS

    $5,867,877
    FAYETTEVILLE, AR2023

    ATHLETIC DEPARTMENT EXPENSES

    UNIVERSITY OF ARKANSAS

    $224,934
    FAYETTEVILLE, AR2023

    SCHOLARSHIPS