Franklin Foundation Inc
Franklin Foundation Inc is a private foundation based in Columbus, Ohio, established in 1986 and designated as a 501(c)(3) tax-exempt organization since August 1988. The foundation operates as an operating foundation with a primary focus on developing and providing affordable housing for seniors in the community.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.8M
-12.1% YoY
Annual Giving
$1.1M
+1359.3% YoY
Grant Count
8
+60.0% YoY
Avg Grant Size
$137K
+812.1% YoY
Mission & Focus Areas
The foundation's stated purpose is to develop affordable housing for seniors. The organization operates two primary housing programs:
- Franklin Senior Housing — provides housing for low-income seniors in the community
- Waynesville Senior Housing — provides housing for low-income seniors in the community
Both programs serve elderly and handicapped persons with housing facilities and services, with subsidies from the Department of Housing & Urban Development based on tenant needs. The housing facilities are specifically designed to meet residents' physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living.
Grantmaking
The foundation makes charitable contributions to various organizations. Recent grant activity includes:
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Geographic Focus
Where this funder awards grants
The foundation operates in Columbus, Ohio and the surrounding region, with specific housing operations in Waynesville and Columbus.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024):
- Total revenues: $1,907,998
- Total expenses: $2,328,832
- Total assets: $2,755,598
- Number of employees: 0
Prior Year Data (2023):
- Revenue: $1.39 million
- Expenses: $1.24 million
- Total assets: $3.14 million
- Total liabilities: $307,000
The foundation's revenue includes income from low-income housing projects for the elderly.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,755,598 | $3,136,096 | $2,736,245 |
| Revenue | $1,907,998 | $1,390,694 | $1,035,352 |
| Expenses | $2,328,832 | $1,237,781 | $1,152,048 |
| Qualifying Distributions | $1,259,678 | $237,202 | $199,895 |
| Net Investment Income | $7,256 | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
62 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Kiski Fund ($1,000,000), The Ohio State University ($25,000), Nationwide Children's Hospital ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE KISKI FUND SALTSBURG, PA | CHARITABLE CONTRIBUTION | $1,000,000 |
| DELAWARE ARTS DELAWARE, OH | CHARITABLE CONTRIBUTION | $10,000 |
| PLEASANT VALLEY SENIOR CITIZENS PLAIN CITY, OH | CHARITABLE CONTRIBUTION | $2,000 |
| GIGI'S SHELTER FOR DOGS CANAL WINCHESTER, OH | CHARITABLE CONTRIBUTION | $5,000 |
| PRINCE OF PEACE LUTHERAN CHURCH CORTLAND, OH | CHARITABLE CONTRIBUTION | $2,500 |
| THE OHIO STATE UNIVERSITY COLUMBUS, OH | CHARITABLE CONTRIBUTION | $25,000 |
| NATIONWIDE CHILDREN'S HOSPITAL COLUMBUS, OH | CHARITABLE CONTRIBUTION | $25,000 |
| COLUMBUS SCHOOL FOR GIRLS COLUMBUS, OH | CHARITABLE CONTRIBUTION | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Lynn D Dalton is identified as a principal officer associated with the foundation's related entities.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LYNN D DALTON | PRESIDENT | 40 | $110,761 |
| SUZANNE NICK | TRUSTEE | 1 | — |
| THOMAS F HAVENS | TRUSTEE | 1 | — |
| ELLEN HARDYMON | TRUSTEE | 1 | — |
| JOHN F HAVENS II | TRUSTEE | 1 | — |
| PARKER RAINE HAVENS | TRUSTEE | 1 | — |
| EMILY A NICK | TRUSTEE | 1 | — |
| ELIZABETH A NICK | TRUSTEE | 1 | — |
| ELLIOT A NICK | TRUSTEE | 1 | — |
Contact Information
- Address: 2000 Bethel Rd Ste D, Columbus, OH 43220-5810
- Phone: 614-451-1919
Frequently Asked Questions
What does Franklin Foundation Inc fund?
The foundation's stated purpose is to develop affordable housing for seniors. The organization operates two primary housing programs: • **Franklin Senior Housing** — provides housing for low-income seniors in the community • **Waynesville Senior Housing** — provides housing for low-income seniors in the community Both programs serve elderly and handicapped persons with housing facilities and services, with subsidies from the Department of Housing & Urban Development based on tenant needs. The h…
How do I apply for a grant from Franklin Foundation Inc?
The foundation makes charitable contributions to various organizations. Recent grant activity includes: • Columbus School for Girls: $25,000 (2024) • Delaware Arts Festival Association: $10,000 (2024) • Gigi's Shelter for Dogs: grant made in 2024 (amount not fully specified in sources) The foundation made 11 grants in the most recent reporting year.
Where does Franklin Foundation Inc make grants?
The foundation operates in Columbus, Ohio and the surrounding region, with specific housing operations in Waynesville and Columbus.
What size grants does Franklin Foundation Inc award?
In 2024, Franklin Foundation Inc awarded 8 grants totaling $1.1M — an average of about $137K per grant, based on its IRS Form 990 filings.
What is Franklin Foundation Inc's EIN?
Franklin Foundation Inc's EIN (Employer Identification Number) is 31-1191673. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Franklin Foundation Inc's focus areas in our free grants database
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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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