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Arkansas · Nonprofit

RAZORBACK FOUNDATION INC

RAZORBACK FOUNDATION INC (Arkansas) receives grants from 74 organizations whose IRS filings report $19,097,528 to it, the largest being BECKY AND BOB ALEXANDER CHARITABLE FOUNDATION ($3,925,000). 53 of them have funded it in more than one year.

Revenue FY2025
$62M
Funders on record
74
Grants received
$19M
Net assets
$117M
53/74 repeat funderspeak grant-dependency 11%
01What it does

What Razorback Foundation Inc does

Mission

Support of intercollegiate athletics at the university of arkansas

As stated on its FY2025 Form 990.

Programs

  1. Payments to and on behalf of the university of arkansas athletic department for operational funding.

    $25,677,242 spentof which $25,677,242 as grants
    82% of program spending
  2. Payments to and on behalf of the university of arkansas athletic department for facilities, construction, and renovation.

    $5,778,284 spentof which $5,778,284 as grants
    18% of program spending
  3. Payments to and on behalf of the university of arkansas athletic department for scholarships.

    $0 spent
    0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $31,455,526.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($37M) Expenses 100 ($34M) Net assets 100 ($79M)2018 Revenue 78 ($29M) Expenses 154 ($52M) Net assets 71 ($56M)2019 Revenue 86 ($32M) Expenses 90 ($31M) Net assets 79 ($63M)2020 Revenue 73 ($27M) Expenses 81 ($28M) Net assets 79 ($62M)2021 Revenue 70 ($26M) Expenses 64 ($22M) Net assets 91 ($72M)2022 Revenue 87 ($33M) Expenses 54 ($18M) Net assets 105 ($83M)2023 Revenue 120 ($45M) Expenses 104 ($36M) Net assets 118 ($93M)2024 Revenue 89 ($33M) Expenses 107 ($36M) Net assets 116 ($92M)2025 Revenue 167 ($62M) Expenses 118 ($40M) Net assets 148 ($117M)
'17'18'19'20'21'22'23'24'25
Revenue (167)Expenses (118)Net assets (148)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $92M to $117M (+27%).

$80M
$67M
$63M
$63M
$73M
$84M
$94M
$92M
$117M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

97% of RAZORBACK FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$3.1M
’17
−$24M
’18
$1.0M
’19
−$334k
’20
$4.4M
’21
$14M
’22
$9.0M
’23
−$3.1M
’24
$22M
’25
12
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Ryan White

Executive director

Board chair

Kevin Scanlon

Chair and president

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed161717171818212020
Joined·+2+2+0+3+0+3+3+4
No longer listed·12020044
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 22 funders to 34 funders, grant income fell $2.0M → $1.8M.

20 of 74 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 27% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of RAZORBACK FOUNDATION INC’s funders (the co-funder graph). Top 30 of 74 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

RAZORBACK FOUNDATION INC has a broad base — no single funder exceeds 21% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

27% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund RAZORBACK FOUNDATION INC.

21%
largest funder
40%
top three
~12
effective funders

Largest funder’s share by year: 2017 49% · 2018 44% · 2019 47% · 2020 14% · 2021 23% · 2022 58% · 2023 31% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

45% of RAZORBACK FOUNDATION INC's funders are still giving 3 years after their first grant; 72% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

90% of RAZORBACK FOUNDATION INC's grant income comes from Arkansas funders.

IL
NY
MA
CO
AR
TN
NC
OK
AL
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Arkansas out of state home

Funder states come from each funder’s own filing. $5.2M arriving through sponsors registered in 15 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

RAZORBACK FOUNDATION INC runs a healthier operating margin than three-quarters of the 3,758 education nonprofits its size.

Operating margin35% · top quartile
Months of reserve12.2mo · top quartile
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like RAZORBACK FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Arkansas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 12%Fundraising 10%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

AR

Part of a family of 6 related entities

  • Sports Shows Inc · disregarded
  • Cato Springs Road LLC · disregarded
  • A Club · disregarded
  • Wild Hog Productions · disregarded
  • Onearkansas Nil LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for RAZORBACK FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds RAZORBACK FOUNDATION INC?
RAZORBACK FOUNDATION INC (Arkansas) receives grants from 74 organizations whose IRS filings report $19,097,528 to it, the largest being BECKY AND BOB ALEXANDER CHARITABLE FOUNDATION ($3,925,000). 53 of them have funded it in more than one year.
How many funders does RAZORBACK FOUNDATION INC have?
IRS filings report 74 organizations giving $19,097,528 in grants to RAZORBACK FOUNDATION INC, 53 of which have funded it in more than one year.
Who is the largest funder of RAZORBACK FOUNDATION INC?
BECKY AND BOB ALEXANDER CHARITABLE FOUNDATION is the largest funder on record, with $3,925,000 in grants. The full list of funders is on this page.
How can an organization like RAZORBACK FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Arkansas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 74 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing