Franklin Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $483K in total assets. In 2024, it awarded 21 grants totaling $78K. Net investment income was $85.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$483K
-10.5% YoY
Annual Giving
$78K
+29.0% YoY
Grant Count
21
+31.3% YoY
Avg Grant Size
$4K
-1.7% YoY
Under IRS private-foundation payout rules, Franklin Family Foundation reported a distributable amount of $99K for 2024 — the minimum it must pay out in qualifying distributions.
About Franklin Family Foundation
Based on IRS filings
Franklin Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $483K in total assets. In 2024, it awarded 21 grants totaling $78K. Net investment income was $85.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $482,736 | $539,451 | $481,667 |
| Revenue | $34,142 | $129,151 | $36,505 |
| Expenses | $90,857 | $71,367 | $72,814 |
| Qualifying Distributions | $90,857 | $11,163 | $11,714 |
| Net Investment Income | $85 | $95,971 | — |
| Distributable Amount | $98,885 | $84,858 | $80,620 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
103 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Habitat for Humanity ($20,000), The Buckly School ($12,100), Uja Federation of Ny ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE BUCKLY SCHOOL New York, NY | EDUCATION | $12,100 |
| KECK SCHOOL OF MEDICINE USC Los Angeles, CA | MEDICAL RESEARCH | $5,000 |
| LA JEWISH SYMPHONY Encino, CA | MUSIC EDUCATION | $3,000 |
| ISRAEL FILM FESTIVAL Los Angeles, CA | CULTURAL | $1,000 |
| BRIDGEHAMPTON CHILD CARE Bridgehampton, NY | EDUCATION | $1,000 |
| UNIVERSITY OF MICHIGAN Ann Arbor, MI | EDUCATION | $5,000 |
| READ AHEAD New York, NY | EDUCATION | $1,000 |
| UJA FEDERATION OF NY New York, NY | AID TO POOR | $10,000 |
| FOREFRONT New York, NY | AID TO POOR | $500 |
| THE RETREAT East Hampton, NY | DOMESTIC SAFETY | $1,036 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BERNARD FRANKLIN | PRESIDENT AND CEO | 2 | — |
| RON FRANKLIN | CFO SECRETARY | 2 | — |
| SHERI FRANKLIN | VICE PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Franklin Family Foundation?
Franklin Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $483K in total assets as of 2024.
How large is Franklin Family Foundation?
As of 2024, Franklin Family Foundation holds $483K in total assets with $34K in annual revenue. It awarded 21 grants totaling $78K in 2024.
Where does Franklin Family Foundation operate?
Franklin Family Foundation has awarded grants in California, District of Columbia, Florida, Georgia, Illinois, Massachusetts, Maryland, Michigan, New Jersey, New Mexico, New York, Virginia.
What size grants does Franklin Family Foundation award?
In 2024, Franklin Family Foundation awarded 21 grants totaling $78K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Franklin Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Franklin Family Foundation reported a distributable amount of $99K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Franklin Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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