Frangos Group Charitable Foundation Inc

Private foundation · Grantmaker Cleveland, OH EIN: 26-1150011

Frangos Group Charitable Foundation Inc is a private foundation, 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.

Key facts about Frangos Group Charitable Foundation Inc

In short: Frangos Group Charitable Foundation Inc gave $9K across 6 grants in 2024 (avg $2K), mostly in Ohio. Source: 2024 IRS Form 990-PF.

EIN
26-1150011
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$9,494
Grants made (2024)
6
Average grant
$1,582
Median grant
$1,000
Total assets
$190,122
Primary geography
Ohio (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

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.

How Frangos Group Charitable Foundation Inc gives

  • Giving grew 660% from 2021 to 2024. Method
  • In 2024 it paid out 116% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 6 itemized grants.

States

Cities

ClevelandRocky RiverNorth RoyaltonAvon LakeNorth OlmstedWestlakeYoungstown

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K2 grants2021 6 grants2022 6 grants2023 6 grants2024

From 2021 to 2024, annual grant giving ranged from $1K (2021) to $13K (2023). In 2024 it made 6 grants totaling $9K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Cleveland State University Foundation: $5KCleveland State UniversityFoundation$5KSt Joseph Academy: $2KSt Joseph Academy$2KSt Demetrios Greek Orthodox Church: $1KSt Demetrios Greek OrthodoxChurch$1KAwakening Angels: $1KAwakening Angels$1KSt Paul's Church: $500St Paul's Church$500Avon Lake Commun Resource Services: $104Avon Lake Commun ResourceServices$104

The largest 2024 recipient was Cleveland State University Foundation ($5K). Together the top 6 received $9K.

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 20 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Cleveland State University Foundation Cleveland, OHGeneral$5,000
St Joseph Academy Cleveland, OHGeneral$1,890
St Demetrios Greek Orthodox Church Rocky River, OHGeneral$1,000
Awakening Angels Westlake, OHGeneral$1,000
St Paul's Church North Royalton, OHGeneral$500
Avon Lake Commun Resource Services Avon Lake, OHGeneral$104

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2021 2022 2023 2024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Frangos Group Charitable Foundation Inc's 2024 filing lists 4 officers; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Ann Frangos

    Trustee

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Damon Frangos

    Trustee

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Denise Semethy

    Trustee

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Louis Frangos

    Trustee

    On filings since 2021

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 Frangos Group Charitable Foundation Inc

How much does Frangos Group Charitable Foundation Inc give each year?

Frangos Group Charitable Foundation Inc gave $9K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $13K across 6 grants.

What is Frangos Group Charitable Foundation Inc's typical grant size?

Frangos Group Charitable Foundation Inc's median grant in 2024 was $1,000, and its average grant was $1,582, across 6 grants on its 2024 IRS Form 990-PF.

Where does Frangos Group Charitable Foundation Inc give grants?

Frangos Group Charitable Foundation Inc gives mostly in Ohio: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cleveland, OH (2 grants).

Does Frangos Group Charitable Foundation Inc give general operating support?

Yes: 100% of Frangos Group Charitable Foundation Inc's 2024 grants with a stated purpose (6 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Frangos Group Charitable Foundation Inc's largest grantees?

Frangos Group Charitable Foundation Inc's largest 2024 grantees include Cleveland State University Foundation ($5,000), St Joseph Academy ($1,890) and St Demetrios Greek Orthodox Church ($1,000), according to its 2024 IRS Form 990-PF. Together they received 83% of its itemized 2024 grant dollars.

How large is Frangos Group Charitable Foundation Inc?

Frangos Group Charitable Foundation Inc reported $190K in total assets on its 2024 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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