Frankie Lemmon Foundation Inc

RALEIGH, NC EIN: 56-1572087 Website

THE FRANKIE LEMMON FOUNDATION WAS ESTABLISHED FOR THE SOLE PURPOSE OF SUPPORTING THE FRANKIE LEMMON SCHOOL AND DEVELOPMENTAL CENTER. ONLY A PORTION OF THE SCHOOL'S TOTAL OPERATING COSTS ARE COVERED BY STATE FUNDING THROUGH THE WAKE COUNTY PUBLIC SCHOOL SYSTEM. THE FRANKIE LEMMON FOUNDATION, THROUGH ITS FUNDRAISING EFFORTS, PROVIDES MOST OF THE FUNDS NEEDED TO SUPPORT THE SCHOOL. THE FOUNDATION IS THE ORGANIZER OF THE TRIANGLE WINE & FOOD EXPERIENCE, ONE OF THE AREA'S MOST SUCCESSFUL FUNDRAISING EVENTS. THE SUCCESS OF THIS EVENT HAS BEEN THE CATALYST FOR LAYING THE GROUNDWORK TO INCREASE THE NUMBER OF CHILDREN SERVED BY THE FRANKIE LEMMON SCHOOL AND DEVELOPMENTAL CENTER. THE SCHOOL ALSO SERVES TYPICALLY DEVELOPING CHILDREN WHO PAY TUITION TO ATTEND.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$8.6M

+11.8% YoY

Annual Giving

$2.5M

+39.2% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$1.2M

-30.4% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$8,617,117$7,710,550$6,622,579
Revenue$3,966,952$3,329,470$3,023,119
Expenses$3,652,097$2,730,243$1,710,054
Qualifying Distributions
Net Investment Income$226,361$300,072$212,365
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$618K$1M$2M$2M2 grants20201 grants20211 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

FRANKIE LEMMON SCHOOL & …$2.5MLEMMON TREE ACADEMY$20K

Grant Size Distribution

7 grants across all recorded years

1<$50K1$50–100K$100–250K$250–500K1$500K–1M4$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Frankie Lemmon Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MARSHA HARGETTEEXECUTIVE DIRECTOR$151KPETE EKENSTIERNAFINANGE MANAGER FROM 5/1/23$63KMIKE KRICKFINANCE DIRECTOR FROM 5/1/22…$57K

From 2024 filing

NameTitleHoursCompensation
PAUL HARTBOARD MEMBER0.5
AMY BRITTBOARD MEMBER0.5
ANGELA BUCHANANBOARD MEMBER0.5
ADAM DERBYSHIREBOARD MEMBER0.5
COLLEEN DIMITRYBOARD MEMBER TO MAY 20240.5
BARRY GARDNERBOARD MEMBER0.5
LILY HARRIS MDBOARD MEMBER0.5
EMILY HODGESBOARD MEMBER0.5
DAVID MCGOWANBOARD MEMBER TO MAY 20240.5
LEE PRYORBOARD MEMBER0.5
MICHAEL THOMASBOARD MEMBER0.5
DOUG WARFBOARD MEMBER0.5
PAUL WARRENBOARD MEMBER0.5
JUDGE VINCE ROZIERBOARD MEMBER0.5
ETTA BUCKMANBOARD MEMBER0.5
DAVID CARRIERBOARD MEMBER0.5
MIKE NICHOLSBOARD MEMBER0.5
MATT ARNOLDBOARD MEMBER FROM 20240.5
JOSEPH PATTERSOMBOARD MEMBER0.5
MARTHA DERBYSHIREVICE CHAIR0.5
TREY BAILEYSECRETARY0.5
MEREDITH KEYESTREASURER/ FINANCE COMMITT0.5
ALAN HUGHESBOARD CHAIR0.5
MIKE KRICKFINANCE DIRECTOR FROM 5/1/22 TO 4/30/2330$57,000
MARSHA HARGETTEEXECUTIVE DIRECTOR30$151,178
PETE EKENSTIERNAFINANGE MANAGER FROM 5/1/2330$62,745

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

Cities

Raleigh

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

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