Frangos Group Charitable Foundation Inc
Frangos Group Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $190K in total assets. In 2024, it awarded 6 grants totaling $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$190K
-3.0% YoY
Annual Giving
$9K
-24.9% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$2K
-24.9% YoY
Under IRS private-foundation payout rules, Frangos Group Charitable Foundation Inc reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
About Frangos Group Charitable Foundation Inc
Based on IRS filings
Frangos Group Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $190K in total assets. In 2024, it awarded 6 grants totaling $9K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $190,122 | $196,053 | $208,683 |
| Revenue | $15,230 | $10,612 | $9,506 |
| Expenses | $18,530 | $21,466 | $18,484 |
| Qualifying Distributions | $11,094 | $14,150 | $9,050 |
| Net Investment Income | — | — | $1,867 |
| Distributable Amount | $9,527 | $10,002 | $10,912 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cleveland State University Foundation ($5,000), St Joseph Academy ($1,890), St Demetrios Greek Orthodox Church ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CLEVELAND STATE UNIVERSITY FOUNDATION CLEVELAND, OH | GENERAL | $5,000 |
| ST JOSEPH ACADEMY CLEVELAND, OH | GENERAL | $1,890 |
| ST DEMETRIOS GREEK ORTHODOX CHURCH ROCKY RIVER, OH | GENERAL | $1,000 |
| ST PAUL'S CHURCH NORTH ROYALTON, OH | GENERAL | $500 |
| AWAKENING ANGELS WESTLAKE, OH | GENERAL | $1,000 |
| AVON LAKE COMMUN RESOURCE SERVICES AVON LAKE, OH | GENERAL | $104 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LOUIS FRANGOS | TRUSTEE | 0.5 | — |
| ANN FRANGOS | TRUSTEE | 0.5 | — |
| DAMON FRANGOS | TRUSTEE | 0.5 | — |
| DENISE SEMETHY | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Frangos Group Charitable Foundation Inc?
Frangos Group Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND, OH. It holds $190K in total assets as of 2024.
How large is Frangos Group Charitable Foundation Inc?
As of 2024, Frangos Group Charitable Foundation Inc holds $190K in total assets with $15K in annual revenue. It awarded 6 grants totaling $9K in 2024.
Where does Frangos Group Charitable Foundation Inc operate?
Frangos Group Charitable Foundation Inc has awarded grants in Ohio.
What size grants does Frangos Group Charitable Foundation Inc award?
In 2024, Frangos Group Charitable Foundation Inc awarded 6 grants totaling $9K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Frangos Group Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frangos Group Charitable Foundation Inc reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frangos Group Charitable Foundation Inc's EIN?
Frangos Group Charitable Foundation Inc's EIN (Employer Identification Number) is 26-1150011. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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