Franklin Family Foundation

Foundation · Grantmaker New York, NY EIN: 26-0424978

Franklin Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $530K in total assets. In 2025, it awarded 21 grants totaling $66K. Net investment income was $55K.

Key facts about Franklin Family Foundation

In short: Franklin Family Foundation gave $66K across 21 grants in 2025 (avg $3K), top state New York. 24% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
26-0424978
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$66,327
Grants made (2025)
21
Average grant
$3,158
Median grant
$1,800
New grantees (estimate)
24% first-time grantees (5 of 21, 2025)
Total assets
$529,547
Primary geography
New York (32% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$530K

+9.7% YoY

Annual Giving

$66K

-14.6% YoY

Grant Count

21

+0.0% YoY

Avg Grant Size

$3K

-14.6% YoY

Under IRS private-foundation payout rules, Franklin Family Foundation reported a distributable amount of $113K for 2025 — the minimum it must pay out in qualifying distributions.

Is Franklin Family Foundation open to new grantees?

24%

first-time grantees, 2025

In 2025, 5 of 21 grantees (24%) were first-time recipients. First grants averaged $2K; repeat grants $4K. How we count

Medians: $1K first-time, $2K repeat.

  • 67% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+9%). Method
  • In 2025 it paid out 70% 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 (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states

Share of all 21 itemized 2025 grant dollars.

Cities

New YorkLos AngelesAmericusAnn ArborEncinoJacksonvilleWellesley HillsBeverly HillsHagerstownBridgehamptonChicagoGlen AllenAlbuquerqueBrooklynEast HamptonMiamiNewarkProvidenceWashingtonWater Mill

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K24 grants201922 grants202022 grants202122 grants202216 grants202321 grants202421 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Habitat for Humanity: $15KHabitat for Humanity$15KUja Federation of NY: $10KUja Federation of NY$10KKeck School of Medicine USC: $5KKeck School of Medicine USC$5KUniversity of Michigan: $5KUniversity of Michigan$5KOccidental Collage: $5KOccidental Collage$5KFrench Institute: $4KFrench Institute$4KThe Buckly School: $4KThe Buckly School$4KLa Jewish Symphony: $3KLa Jewish Symphony$3KLacma: $3KLacma$3KIpalpiti: $2KIpalpiti$2K

Grant Size Distribution

102 grants across all recorded years

102<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
HABITAT FOR HUMANITY Americus, GAHOUSING FOR THE POOR$15,000
UJA FEDERATION OF NY New York, NYAID TO POOR$10,000
KECK SCHOOL OF MEDICINE USC Los Angeles, CAMEDICAL RESEARCH$5,000
UNIVERSITY OF MICHIGAN Ann Arbor, MIEDUCATION$5,000
OCCIDENTAL COLLAGE Los Angeles, CAEDUCATION$5,000
FRENCH INSTITUTE New York, NYFRENCH CULTURE$4,302
THE BUCKLY SCHOOL New York, NYEDUCATION$3,500
LA JEWISH SYMPHONY Encino, CAMUSIC EDUCATION$2,500
LACMA Los Angeles, CAART$2,500
IPALPITI Los Angeles, CAMUSIC ART$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2019202020212022202320242025
Metric202520242023
Total Assets$529,547$482,736$539,451
Revenue$126,339$34,142$129,151
Expenses$79,528$90,857$71,367
Qualifying Distributions$79,528$90,857$71,367
Net Investment Income$54,578$85$95,971
Distributable Amount$113,445$98,885$84,858

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS February 25, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 18, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 20, 2023)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 23, 2025)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 23, 2025)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 28, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 25, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Franklin Family Foundation is led by Bernard Franklin, President & CEO on every filing since 2019; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Bernard Franklin

    President & CEO

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Ron Franklin

    CFO Secretary

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Sheri Franklin

    Vice President

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Franklin Family Foundation

How much does Franklin Family Foundation give each year?

Franklin Family Foundation gave $66K across 21 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $78K across 21 grants.

What is Franklin Family Foundation's typical grant size?

Franklin Family Foundation's median grant in 2025 was $1,800, and its average grant was $3,158, across 21 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Franklin Family Foundation that year got $2K on average.

Where does Franklin Family Foundation give grants?

Franklin Family Foundation's top state is New York, with 32% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were California (31%) and Georgia (23%). The most frequent recipient cities were New York, NY (7 grants) and Los Angeles, CA (6 grants).

Does Franklin Family Foundation give general operating support?

Not in 2025: none of the 21 grants with a stated purpose on Franklin Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (4 grants) and "Art" (3 grants).

Who are Franklin Family Foundation's largest grantees?

Franklin Family Foundation's largest 2025 grantees include Habitat for Humanity ($15,000), Uja Federation of NY ($10,000) and Keck School of Medicine USC ($5,000), according to its 2025 IRS Form 990-PF. Together they received 45% of its itemized 2025 grant dollars.

How large is Franklin Family Foundation?

Franklin Family Foundation reported $530K in total assets on its 2025 IRS Form 990-PF. It paid out $80K in qualifying distributions that year, against a required minimum of $113K (roughly 5% of its investment assets).

What is Franklin Family Foundation?

Franklin Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. It holds $530K in total assets as of 2025.

What is Franklin Family Foundation's EIN?

Franklin Family Foundation's EIN (Employer Identification Number) is 26-0424978. IRS Form 990 filing data is available on this page for 2019–2025.

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

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