Frankard Foundation
Frankard Foundation is a private foundation based in Lakeville, Minnesota. It makes contributions to charitable, religious, and educational organizations and states that it gives only to preselected organizations.
Frankard Foundation at a glance
In short: Frankard Foundation gave $27K across 37 grants in 2025 (avg $729.73), mostly in Minnesota. 8% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $27,000
- +18.2% vs 2024
- Grants made (2025)
- 37
- +5.7% vs 2024
- Average grant
- $730
- +11.8% vs 2024
- Median grant
- $500
- Total assets
- $272,772
- -4.8% vs 2024
- New grantees (estimate)
- 8% first-time grantees (3 of 37, 2025)
- Primary geography
- Minnesota (56% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Frankard Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 16914 Jasper Circle, Lakeville, MN 55044
Phone: (651) 283-7670
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Frankard Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Down Syndrome Assoc of MN ($2K). Together the top 10 received $14K.
Grant Size Distribution
168 grants across all recorded years
The most common grant size was under $50K: 168 grants of 168 (100%).
Geographic Focus
Where this funder awards grants
In 2025, Minnesota organizations received 56% of grant dollars. Other leading recipient states were Iowa and New York, each with 7%; North Carolina, with 6%; and the District of Columbia, with 4%.
Grant Distribution by State
Share of 2025 grant dollars across all 37 itemized grants.
States
Cities
Is Frankard Foundation open to new grantees?
8%
first-time grantees, 2025
In 2025, 3 of 37 grantees (8%) were first-time recipients. First grants averaged $1K; repeat grants $691. How we count
Medians: $2K first-time, $500 repeat.
- 92% of 2025 grantees were also funded in 2024. Method
- Giving grew 36% from 2022 to 2025. Method
- In 2025 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $20K (2022) to $31K (2023). In 2025 it made 37 grants totaling $27K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Down Syndrome Assoc of MN St. Paul, MN | Contribution | $2,400 |
| American Red Cross Boone, IA | Contribution | $2,000 |
| Freedom Honor Flight St Cloud, MN | Contribution | $2,000 |
| Beloved Ashville Asheville, NC | Contribution | $1,500 |
| Salvation Army Roseville, MN | Contribution | $1,500 |
| Best Buddies Washington, DC | Contribution | $1,000 |
| Hope Lodge Winona, MN | Contribution | $1,000 |
| Mayo Clinic Cancer Research Lakeville, MN | Contribution | $1,000 |
| Prevent Child Abuse Atlanta, GA | Contribution | $1,000 |
| St Anne Foundation Roslyn, NY | Contribution | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $272,772 | $15,396 | $29,182 | $27,000 | 37 | $27,000 | $15,396 | $29,893 |
| 2024 | $286,558 | $15,096 | $24,803 | $22,850 | 35 | $22,850 | $13,290 | $26,341 |
| 2023 | $296,265 | $15,911 | $32,596 | $30,810 | 33 | $30,810 | $11,920 | $24,841 |
| 2022 | $312,950 | $12,493 | $21,564 | $19,850 | 31 | $19,850 | $10,667 | $26,540 |
| 2021 | $322,021 | $11,921 | $22,444 | $20,350 | 32 | — | $10,028 | $23,048 |
Under IRS private-foundation payout rules, Frankard Foundation reported a distributable amount of $30K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation describes its direct charitable activity as contributions to charitable, religious, and educational organizations. Its 2025 grants include organizations whose stated missions span a range of activities. For example, Freedom Honor Flight says it provides regional veterans with flights to visit war memorials; The Open Door says it works to end local hunger in Dakota County; and Winona ORC Industries says it provides community-based employment and vocational training to people with special needs. These are the grantees’ descriptions of their own work.
Grantmaking
In 2025, the foundation made 37 grants totaling $27,000. Grant amounts ranged from $100 to $2,400, with a median of $500. Among the largest grants were $2,400 to Down Syndrome Association of Minnesota; $2,000 each to American Red Cross and Freedom Honor Flight; and $1,500 each to Beloved Ashville and Salvation Army. Other listed grants included $1,000 each to Best Buddies, Hope Lodge, Mayo Clinic Cancer Research, Prevent Child Abuse, St. Anne Foundation, The Open Door, and Tunnel to Towers Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Catherine Cooksy as president/treasurer, Scott Frankard as vice president, and Caroline Henderson as secretary. Directors listed are Ronald Henderson, Bradley Cooksy, Heidi Frankard, Logan Cooksy, Cody Frankard, and Miles Hanson.
Frankard Foundation is led by Catherine Cooksy, President & Treasurer on every filing since 2021; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Catherine Cooksy
President & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Bradley Cooksy
Director
On filings since 2021
1 hr/week
No compensation reported
Cody Frankard
Director
On filings since 2021
1 hr/week
No compensation reported
Heidi Frankard
Director
On filings since 2021
1 hr/week
No compensation reported
Logan Cooksy
Director
On filings since 2021
1 hr/week
No compensation reported
Miles Hanson
Director
On filings since 2021
1 hr/week
No compensation reported
Ronald Henderson
Director
On filings since 2021
1 hr/week
No compensation reported
Caroline Henderson
Secretary
On filings since 2021
1 hr/week
No compensation reported
Scott Frankard
Vice President
On filings since 2021
1 hr/week
No compensation reported
Former officers (1)
- Former: James M. Frankard (2021–2022) — Director
Data from IRS Form 990 filings, 2021–2025. "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 Frankard Foundation
How much does Frankard Foundation give each year?
Frankard Foundation gave $27K across 37 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $23K across 35 grants.
What is Frankard Foundation's typical grant size?
Frankard Foundation's median grant in 2025 was $500, and its average grant was $730, across 37 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Frankard Foundation that year got $1K on average.
Where does Frankard Foundation give grants?
Frankard Foundation gives mostly in Minnesota: 56% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Iowa (7%) and New York (7%). The most frequent recipient cities were Winona, MN (9 grants), St. Paul, MN (2 grants) and Lakeville, MN (2 grants).
Does Frankard Foundation give general operating support?
Not in 2025: none of the 37 grants with a stated purpose on Frankard Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Contribution" (37 grants).
Who are Frankard Foundation's largest grantees?
Frankard Foundation's largest 2025 grantees include Down Syndrome Assoc of MN ($2,400), American Red Cross ($2,000) and Freedom Honor Flight ($2,000), according to its 2025 IRS Form 990-PF. Together they received 24% of its itemized 2025 grant dollars.
How large is Frankard Foundation?
Frankard Foundation reported $273K in total assets on its 2025 IRS Form 990-PF. It paid out $27K in qualifying distributions that year, against a required minimum of $30K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Frankard Foundation fund?
The foundation describes its direct charitable activity as contributions to charitable, religious, and educational organizations. Its 2025 grants include organizations whose stated missions span a range of activities. See mission & focus areas ↑
How do I apply for a grant from Frankard Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Frankard Foundation's EIN?
Frankard Foundation's EIN (Employer Identification Number) is 41-1563443. IRS Form 990 filing data is available on this page for 2021–2025.
Does Frankard Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 11, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 27, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 30, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS October 14, 2025)
- IRS filings on file for fiscal years 2021–2025
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