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.
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.
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.
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.
$40.5M
$93.9M
$44.6M
$35.6M
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
About 100% of grants go to recipients in AR.
RYAN WHITE
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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.
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.
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.
No. The recipient-country distribution shows 100% of grants in the US, and 100% of grants go to recipients in Arkansas.
Yes. The recent grants include $254,875 to the University of Arkansas for scholarships in 2024 and $224,934 for scholarships in 2023.
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.
2024
Source: IRS Form 990-PF, fiscal year 2024.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| UNIVERSITY OF ARKANSAS | FAYETTEVILLE, AR | $18,724,934 | 2024 | ATHLETIC DEPARTMENT EXPENSES |
| UNIVERSITY OF ARKANSAS | FAYETTEVILLE, AR | $7,553,337 | 2024 | CAPITAL CONSTRUCTION |
| UNIVERSITY OF ARKANSAS | FAYETTEVILLE, AR | $254,875 | 2024 | SCHOLARSHIPS |
| UNIVERSITY OF ARKANSAS | FAYETTEVILLE, AR | $7,832,611 | 2023 | CAPITAL CONSTRUCTION |
| UNIVERSITY OF ARKANSAS | FAYETTEVILLE, AR | $5,867,877 | 2023 | ATHLETIC DEPARTMENT EXPENSES |
| UNIVERSITY OF ARKANSAS | FAYETTEVILLE, AR | $224,934 | 2023 | SCHOLARSHIPS |
UNIVERSITY OF ARKANSAS
$18,724,934ATHLETIC DEPARTMENT EXPENSES
UNIVERSITY OF ARKANSAS
$7,553,337CAPITAL CONSTRUCTION
UNIVERSITY OF ARKANSAS
$254,875SCHOLARSHIPS
UNIVERSITY OF ARKANSAS
$7,832,611CAPITAL CONSTRUCTION
UNIVERSITY OF ARKANSAS
$5,867,877ATHLETIC DEPARTMENT EXPENSES
UNIVERSITY OF ARKANSAS
$224,934SCHOLARSHIPS