Franey Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANNAPOLIS, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 21 grants totaling $297K. Net investment income was $356K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+6.6% YoY
Annual Giving
$297K
+124.9% YoY
Grant Count
21
-8.7% YoY
Avg Grant Size
$14K
+146.3% YoY
Under IRS private-foundation payout rules, Franey Family Foundation Inc reported a distributable amount of $92K for 2024 — the minimum it must pay out in qualifying distributions.
About Franey Family Foundation Inc
Based on IRS filings
Franey Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANNAPOLIS, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 21 grants totaling $297K. Net investment income was $356K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,610,428 | $1,510,176 | $1,560,942 |
| Revenue | $367,859 | $96,277 | $317,393 |
| Expenses | $310,525 | $147,043 | $118,595 |
| Qualifying Distributions | $296,850 | $132,000 | $98,500 |
| Net Investment Income | $355,872 | $85,481 | $305,525 |
| Distributable Amount | $91,792 | $93,146 | $92,518 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
104 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Severn School ($108,000), St Marys ($85,000), University of Maryland College Park Foundation ($25,650).
| Recipient | Purpose | Amount |
|---|---|---|
| ACADEMY OF THE HOLY CROSS KENSINGTON, MD | UNRESTRICTED | $200 |
| BO'S EFFORT DAVIDSONVILLE, MD | UNRESTRICTED | $15,000 |
| BOYS & GIRLS CLUB OF ANNAPOLIS ANNAPOLIS, MD | UNRESTRICTED | $25,000 |
| CHESAPEAKE BAY FOUNDATION BALTIMORE, MD | UNRESTRICTED | $500 |
| LIGHT HOUSE SHELTER ANNAPOLIS, MD | UNRESTRICTED | $500 |
| SEVERN SCHOOL SEVERNA PARK, MD | UNRESTRICTED | $108,000 |
| ST IGNATIUS LOYOLA ACADEMY BALTIMORE, MD | UNRESTRICTED | $500 |
| ST MARYS ANNAPOLIS, MD | UNRESTRICTED | $85,000 |
| ST VINCENT PALLOTTI HIGH SCHOOL LAUREL, MD | UNRESTRICTED | $5,000 |
| TEACH FOR AMERICA WASHINGTON, DC | UNRESTRICTED | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM G FRANEY | PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Franey Family Foundation Inc?
Franey Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANNAPOLIS, MD. It holds $1.6M in total assets as of 2024.
How large is Franey Family Foundation Inc?
As of 2024, Franey Family Foundation Inc holds $1.6M in total assets with $368K in annual revenue. It awarded 21 grants totaling $297K in 2024.
Where does Franey Family Foundation Inc operate?
Franey Family Foundation Inc has awarded grants in District of Columbia, Maryland, North Carolina, New York, Pennsylvania, Tennessee, Virginia.
What size grants does Franey Family Foundation Inc award?
In 2024, Franey Family Foundation Inc awarded 21 grants totaling $297K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Franey Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Franey Family Foundation Inc reported a distributable amount of $92K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Franey Family Foundation Inc's EIN?
Franey Family Foundation Inc's EIN (Employer Identification Number) is 52-1909081. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Franey Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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