Franklin Cole Foundation

NEW YORK, NY EIN: 13-6090752

The Franklin Cole Foundation is a private foundation based in New York, NY, established in 1963. It operates as a 501(c)(3) organization with no employees and maintains its office at 21 E 90th Street, Apt 3c, New York, NY 10128.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$529K

+31.9% YoY

Annual Giving

$76K

-4.7% YoY

Grant Count

65

+3.2% YoY

Avg Grant Size

$1K

-7.6% YoY

Under IRS private-foundation payout rules, Franklin Cole Foundation reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports a diverse range of causes including:

  • Education
  • Life and health protection
  • Medical research
  • The arts
  • Environment and land preservation
  • Community support
  • Hunger relief (feeding the homeless)
  • Gun control advocacy

Grantmaking

The foundation distributed approximately $48,750 across 37 additional grants in 2023.

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking focuses primarily on New York, California, and Massachusetts.

Grant Distribution by State

15states
+7 more states

Cities

ArlingtonAuroraBerkeleyBeverly HillsBostonBronxCambridgeChicagoClintonCold SpringEtnaExeterGambierGarrisonGrotonHonoluluIthacaLake ForestLos AngelesMedford

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

  • Total assets: $400,669
  • Total revenues: $67,610
  • Total expenses: $88,693
  • Investment income and dividends: $14,972
  • Number of employees: 0

Financial Trend: Investment income declined slightly from $15,138 in 2022 to $14,972 in 2023, representing a 1.1% decrease.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$59K$118K$177K$236K20202021202220232024
Metric202420232022
Total Assets$528,578$400,669$451,185
Revenue$214,309$67,610$24,889
Expenses$86,400$88,693$76,580
Qualifying Distributions$76,250$80,000$66,816
Net Investment Income$204,159$58,917$15,125
Distributable Amount$36,660$34,954$39,637

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K56 grants202057 grants202160 grants202263 grants202365 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BREAKTHROUGH T1D (FROMER…$3KPLANNED PARENTHOOD$3KACADEMIC FREEDOM ALLIANCE$2KHUDSON HIGHLAND LAND TRUST$2KPRINCETON UNIVERSITY$2KAMERICAN RED CROSS$2KCONSTITUTION MARSH AUDUB…$2KDOE FUND$2KGIFFORD CENTER AGAINST G…$2KGROTON SCHOOL$2K

Grant Size Distribution

250 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Breakthrough T1d (fromerly Jdrf) ($3,000), Planned Parenthood ($2,500), Academic Freedom Alliance ($2,000).

RecipientPurposeAmount
ACADEMIC FREEDOM ALLIANCE PRINCETON, NJSUPPORT EDUCATION$2,000
ALAMEDA COUNTY FOOD BANK OAKLAND, CAFEED THE HOMELESS$1,000
AMERICAN CANCER ASSOCIATION OAKLAND, CAMEDICAL RESEARCH$500
AMERICAN JEWISH WORLD SERVICE ETNA, NHSUPPORT COMMUNITY PROGRAMS$1,000
AMERICAN RED CROSS LOS ANGELES, CAPROTECT LIFE AND HEALTH$1,500
BOSTON UNIVERSITY BOSTON, MASUPPORT EDUCATION$1,000
BRADY UNITED WASHINGTON, DCSUPPORT GUN CONTROL$1,000
CHILDREN'S HOSPITAL OF LA LOS ANGELES, CAMEDICAL RESEARCH$500
CLEAN AIR TASK FORCE BOSTON, MASUPPORT ENVIRONMENT$1,000
CONSTITUTION MARSH AUDUBON CENTER AND SANCTUARY COLD SPRING, NYSUPPORT WILDLIFE$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JEFFREY H BUNZELTRUSTEE
JOHN BUNZELTRUSTEE
ROBERT BUNZELTRUSTEE

Frequently Asked Questions

What does Franklin Cole Foundation fund?

The foundation supports a diverse range of causes including: • Education • Life and health protection • Medical research • The arts • Environment and land preservation • Community support • Hunger relief (feeding the homeless) • Gun control advocacy

How do I apply for a grant from Franklin Cole Foundation?

**Grant Activity:** • Made 60 grants in 2023 • Total giving: $80,000 in 2023 • Typical award range: $250–$10,000 **Recent Grants (2023):** • World Central Kitchen: $6,000 (Protect Life and Health) • American Friends of Magen David Adom: $5,000 (Support Community) • Hawaii Community Foundation: $3,500 (Support Community) The foundation distributed approximately $48,750 across 37 additional grants in 2023.

Where does Franklin Cole Foundation make grants?

The foundation's grantmaking focuses primarily on New York, California, and Massachusetts.

What size grants does Franklin Cole Foundation award?

In 2024, Franklin Cole Foundation awarded 65 grants totaling $76K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Franklin Cole Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Franklin Cole Foundation reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Franklin Cole Foundation's EIN?

Franklin Cole Foundation's EIN (Employer Identification Number) is 13-6090752. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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