Aaron and Carolynn Frankel Foundation
Aaron and Carolynn Frankel Foundation is a private foundation, based in Troy, MI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $35K in total assets.
Aaron and Carolynn Frankel Foundation at a glance
- Total assets
- $34,523
- +0.0% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Aaron and Carolynn Frankel Foundation funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Aaron and Carolynn Frankel Foundation gives
- Giving grew 580% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $10K (2021) to $208K (2020). In 2024 it made 1 grant totaling $68K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Detroit Institute of Arts Detroit, MI | Annual Support | $68,000 |
Ready to take the next step with Aaron and Carolynn Frankel Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $34,523 | — | — | — | — | — | $1,700 |
| 2024 | $34,523 | — | $68,020 | $68,000 | 1 | $68,000 | $3,515 |
| 2023 | $102,543 | — | $1,375 | — | — | — | $5,076 |
| 2022 | $103,918 | — | $1,395 | — | — | — | $5,138 |
| 2021 | $105,313 | — | $11,290 | $10,000 | 1 | $10,000 | $239 |
| 2020 | $116,603 | $325,000 | $210,455 | $207,500 | 8 | — | $1,109 |
| 2019 | $2,058 | $125,000 | $130,820 | $130,800 | 8 | — | $16 |
Under IRS private-foundation payout rules, Aaron and Carolynn Frankel Foundation reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Aaron and Carolynn Frankel Foundation is led by Aaron Frankel, President, Member & Trustee on every filing since 2019; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Aaron Frankel
President, Member & Trustee
On filings since 2019
No compensation reported
Judith Frankel
Treasurer & Trustee
On filings since 2019
No compensation reported
Stanley Frankel
Secretary & Trustee
On filings since 2019
No compensation reported
Arthur Weiss
Assistant Secretary
On filings since 2019
No compensation reported
Carolynn Frankel
Vice President & Member
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Aaron and Carolynn Frankel Foundation
How large is Aaron and Carolynn Frankel Foundation?
Aaron and Carolynn Frankel Foundation reported $35K in total assets on its 2025 IRS Form 990-PF.
Where does Aaron and Carolynn Frankel Foundation operate?
Aaron and Carolynn Frankel Foundation has awarded grants in Michigan.
How much is Aaron and Carolynn Frankel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Aaron and Carolynn Frankel Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Aaron and Carolynn Frankel Foundation's EIN?
Aaron and Carolynn Frankel Foundation's EIN (Employer Identification Number) is 81-5055652. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 10, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Aaron and Carolynn Frankel Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
FCA Foundation
Auburn Hills, MI
FCA Foundation supports charitable organizations, with its 2024 grant funding literacy and college-and-career programs in Toledo, Ohio. Its giving varies widely: the 2024 grant was $25,000, while grants in 2023 and 2022 totaled about $13 million each. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$396K
Grants
1
Total Given
$25K
Edward C and Linda Dresner Levy
Reston, VA
The foundation supports cancer research and has also funded health, education, arts and culture, early-childhood programs, Jewish studies, and Israel advocacy. Its 2025 grants ranged from $500 to $2 million, with a median of $12,500; 89% of grant dollars went to Michigan, with smaller amounts going to organizations in other states. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$20.9M
Grants
50
Total Given
$8.9M
Artichoke Garlic Foundation
Birmingham, MI
The foundation supports program and general operating work by schools, youth-serving organizations, and other charities, including cancer-related assistance and research; nearly all 2024 funding went to Michigan, with 1% going to Kansas. In 2024 it awarded 13 grants totaling $421,657, with a median grant of $15,000 and awards ranging from $1,200 to $155,457. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$6.2M
Grants
13
Total Given
$422K
Deroy Testamentary Foundation
Southfield, MI
The DeRoy Testamentary Foundation funds organizations in areas including education, human services, animal welfare, health care, and the arts; its chosen agencies are primarily in the Detroit metropolitan area, though it made a major 2024 grant in Florida. In 2024, grants ranged from $258 to $15 million, with a median of $60,750. It provides application information by request through Julie Rodecker; the profile does not explicitly state whether unsolicited requests are accepted.
Assets
$24.8M
Grants
18
Total Given
$16.4M
Stanley and Judith Frankel Family Foundation
Troy, MI
The Stanley and Judith Frankel Family supports arts and cultural, educational, and Jewish organizations, with 2025 grants mainly in Michigan and also in New York and Pennsylvania. Its 21 grants totaled about $2.19 million, ranging from $700 to $1.454 million, with a median of $36,000. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$32.1M
Grants
21
Total Given
$2.2M
Gerson Family Foundation
Troy, MI
The Gerson Family Foundation supports arts and culture, community services, education, health, Jewish organizations, and animal welfare, primarily in Michigan, with some giving in Illinois and Connecticut. Its 2025 grants ranged from $1,000 to $50,000, with a median of $5,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$2.0M
Grants
23
Total Given
$256K
More similar funders
More Funders in Michigan
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Aaron and Carolynn Frankel Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Aaron and Carolynn Frankel Foundation down — hundreds of funders to go?