Farmers Bank Foundation
Preselected recipients only
Farmers Bank Foundation is a private foundation in Magnolia, Arkansas. In tax year 2025 it gave $91,788 in 13 grants; the typical grant was $6,138 and the largest $14,200. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$91,788
- Number of grants13
- Typical grant$6,138
- Largest grant$14,200
- Assets$26,737
- New grantees46%
Giving in 2025 was down from $100,784 the year before.
46% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $62,230 | 11 | $25,524 |
| 2024 | $100,784 | 12 | $32,100 |
| 2025 | $91,788 | 13 | $26,737 |
How to apply
Farmers Bank Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Farmers Bank Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to Arkansas.
| State | Grants | Amount |
|---|---|---|
| Arkansas | 10 | $53,388 |
| Texas | 3 | $38,400 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Texarkana College Foundation Inc | Donation to fund a digital sign at the front of the school | $14,200 |
| Texarkana College Foundation Inc | Annual donation for college signage | $14,200 |
| Arkansas Community Foundation - Hope Legacy Fund | Annual donation to benefit the scholarship fund at hope public schools | $12,500 |
| Razorback Foundation | Donation for general operating support | $10,000 |
| Texas A&m University-Texarkana | Annual donation for naming rights to the presidents boardroom | $10,000 |
| University of Arkansas Hope-Texarkana | Annual donation for naming rights to the workforce development building | $10,000 |
| Magnolia Arts Council Inc | Donation for general operating support | $6,138 |
| Womens Foundation of Arkansas | Sponsorship for their annual event | $5,000 |
| Arkansas State Police Foundation | Donation for general operating support | $3,000 |
| Harmoney Grove School District | Turf for football field | $2,500 |
| Arkansas 4-H Foundation Inc | Sponsorship for 4-h nationals in washington, dc | $1,500 |
| Arkansas 4-H Foundation Inc | Sponsorship for 4-h national event | $1,500 |
| Developing Howard County | Quarterly donation to fund their economic development officer | $1,250 |
Officers and trustees
- Mrs Elizabeth Anderson
- Mr Bruce Maloch
- Mr Christopher Gosnell
Questions people ask
Does Farmers Bank Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Farmers Bank Foundation give?
$91,788 in tax year 2025, across 13 grants, with a typical grant of $6,138.
Who runs Farmers Bank Foundation?
Its 2025 filing lists Mrs Elizabeth Anderson (Executive Director), Mr Bruce Maloch (Board Member) and Mr Christopher Gosnell (Board Member).
What does Farmers Bank Foundation fund?
Based on its grants, mainly education, community development and youth programs.