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EIN 71-6051240

Arkansas Rural Endowment Fund

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Little Rock
State
Arkansas
Year formed
1959
Most recent tax filings
2023-06-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
The Arkansas Rural Endowment Fund fulfills its mission by providing student and agricultural loans in rural Arkansas. Through the passage of act 27 in 1959, the Arkansas general assembly created aref as a private, nonprofit entity with the sole purpose of making affordable loans to Rural Arkansans. Aref has helped thousands of Arkansans attain higher education.
Total revenues
$1,196,612
2023
Total expenses
$749,989
2023
Total assets
$31,258,127
2023
Num. employees
6
2023

Program areas at Arkansas Rural Endowment Fund

With the passage of act 27 in 1959, the Arkansas general assembly created aref as a private, nonprofit entity with the sole purpose of making affordable loans to Rural arkansans. Since that time, aref has helped thousands of arkansans attain higher education to pursue their dreams.

Personnel at Arkansas Rural Endowment Fund

NameTitleCompensation
Chris LampkinGeneral Manager$0
Anthony MinicozziManager
Gayle MarcksAssistant Manager
Kenneth MourtonBoard Member$0
Dennis MilliganPast State Treasurer / Secretary Treasurer / Secretary and Treasurer$0
...and 3 more key personnel

Financials for Arkansas Rural Endowment Fund

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$883,573
Investment income and dividends$190,625
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$122,414
Total revenues$1,196,612

Form 990s for Arkansas Rural Endowment Fund

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-25990View PDF
2019-062020-08-18990View PDF
...and 9 more Form 990s

Organizations like Arkansas Rural Endowment Fund

OrganizationLocationRevenue
BootstrapsEvergreen, CO$440,805
The Canton Student Loan FoundationCanton, OH$952,397
A Continuous CharityIrving, TX$1,568,378
Operation Progress Student Assistance Foundation Cal-1Los Angeles, CA$1,177,030
All Management CorporationEl Segundo, CA$2,847,657
Ritchie County Educational TrustHarrisville, WV$725,451
The Progress FundGreensburg, PA$4,527,484
Access Group Loan Reserve Trust IWilmington, DE$428,957
California FarmlinkAptos, CA$3,481,187
Student Assistance Foundation (SAF)Helena, MT$4,555,585
Data update history
January 29, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 1, 2023
Updated personnel
Identified 1 new personnel
May 15, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsCharities
Issues
Education
Characteristics
State / local levelTax deductible donationsAccepts online donations
General information
Address
PO Box 750
Little Rock, AR 72203
Metro area
Little Rock-North Little Rock-Conway, AR
County
Pulaski County, AR
Website URL
aref.org/ 
Phone
(501) 375-2358
IRS details
EIN
71-6051240
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1959
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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