Public Charity

ARKANSAS ECONOMIC DEVELOPMENT FOUNDATION

ARKANSAS ECONOMIC DEVELOPMENT FOUNDATION, of LITTLE ROCK, AR, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $153K in revenue, $353K in expenses, $750K in total assets. IRS filings disclose 7 grants awarded by this foundation, totaling roughly $256K.

EIN: 742390527 LITTLE ROCK, AR Latest filing: 2024
Total Revenue$153K
Total Expenses$353K
Total Assets$750K
Grants Given7
Grant Total$256K
Filing Years2019–2024

Mission

SUPPLEMENT APPROPRIATIONS BY THE STATE LEGISLATURE FOR DEVELOPMENT OF THE STATE'S RESOURCES AND ATTRACTING NEW BUSINESSES TO THE STATE OF ARKANSAS.

Sample Grants Given

LITTLE ROCK, AR · 2024
GENERAL SUPPORT
$26,200
LITTLE ROCK, AR · 2023
GENERAL SUPPORT
$60,500
LITTLE ROCK, AR · 2022
GENERAL SUPPORT
$44,000
VOTE FOR ROADS VOTE FOR ISSUE 1
LITTLE ROCK, AR · 2020
GENERAL SUPPORT
$50,000
LITTLE ROCK, AR · 2020
GENERAL SUPPORT
$45,000

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Alec Farmer
BOARD MEMBER Annemarie Dillard Jazic
BOARD MEMBER Archie Schaffer Iii
PRESIDENT Gus Vratsinas
TREASURER Lang Zimmerman
SECRETARY Mark Young

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$225,700 5 grants
2019 PALMER CUP
$20,000 1 grant
Unspecified
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $153K $353K $750K
2023 $401K $258K $961K
2022 $403K $319K $827K
2020 $369K $162K $973K
2019 $474K $317K $731K

Between 2019 and 2024, reported annual revenue declined from $474K to $153K (-68%), with total assets most recently reported at $750K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AR.

AR

Full geographic grant map with state-by-state breakdown available with membership.

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