Franklin Philanthropic Foundation
Franklin Philanthropic Foundation is a private foundation based in Chicago, Illinois. Established in 1989, the organization operates as a 501(c)(3) tax-exempt entity and maintains its principal office at 180 N Stetson Ave Ste 1940, Chicago, IL 60601-6750.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.6M
+0.8% YoY
Annual Giving
$733K
-8.4% YoY
Grant Count
154
-3.8% YoY
Avg Grant Size
$5K
-4.8% YoY
Under IRS private-foundation payout rules, Franklin Philanthropic Foundation reported a distributable amount of $746K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grant-making priorities focus on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily directs its funding toward organizations and initiatives in:
- New York
- Illinois
- California
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $9,613,161 (as of 2024)
Total Giving: $732,727 (2024)
Revenue: $1.12 million (2024)
Expenses: $1.04 million (2024)
Total Liabilities: $0 (2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,613,161 | $9,537,309 | $9,550,739 |
| Revenue | $1,117,298 | $1,060,872 | $1,029,484 |
| Expenses | $1,041,446 | $1,074,302 | $1,122,279 |
| Qualifying Distributions | $732,727 | $795,196 | $860,848 |
| Net Investment Income | $66,643 | $32,566 | $88,739 |
| Distributable Amount | $746,189 | $648,675 | $681,953 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Freinds of Hebrew Universi ($50,000), Hang Timecareer Resources ($20,920), J Street Education Fund ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACLU FOUNDATION CHICAGO, IL | UNRESTRICTED | $3,000 |
| AFRICAN WILDLIFE FOUNDATION WASHINGTON, DC | UNRESTRICTED | $2,000 |
| AMERICAN FREINDS OF HEBREW UNIVERSI NEW YORK, NY | UNRESTRICTED | $50,000 |
| AMERICAN FREINDS OF MAGEN DAVID ADO NEY YORK, NY | UNRESTRICTED | $10,000 |
| AMERICAN WILDLIFE FOUNDATION MOLALLA, OR | UNRESTRICTED | $2,000 |
| AMNESTY INTERNATIONAL USA CHICAGO, IL | UNRESTRICTED | $4,000 |
| ATLANTA AUTISM CONSORTIUM ATLANTA, GA | UNRESTRICTED | $1,000 |
| BEACON INST FOR RIVERS AND ESTUARIE BEACON, NY | UNRESTRICTED | $3,000 |
| BEST FREINDS ANIMAL SOCIETY KANAB, UT | UNRESTRICTED | $2,000 |
| BLOOMINGDALE AGING IN PLACE NEW YORK, NY | UNRESTRICTED | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MORRIS F GOODMAN | PRESIDENT/DIR | 0.2 | — |
| DAVID MABIE | TREASURER/DIR | 0.2 | — |
| RANDALL ROMEI | SECRETARY/DIR | 1.5 | — |
| STANLEY GOODMAN | VICE PRES/DIR | 0.2 | — |
| LINDA GOODMAN | VICE PRES/DIR | 0.2 | — |
| JOYCE GOODMAN | VICE PRES/DIR | 0.2 | — |
| JENNY GOODMAN-BOWDEN | VICE PRES/DIR | 0.2 | — |
| WILLIAM MICHAEL GOODMAN | VICE PRES/DIR | 0.2 | — |
| DEBORAH GOODMAN | VICE PRES/DIR | 0.2 | — |
| AARON CUBELLS | Director | 0.2 | — |
| REBECCA CUBELLS | Director | 0.2 | — |
| SARAH CUBELLS | Director | 0.2 | — |
| YALE GOODMAN | Director | 0.2 | — |
| PACE GOODMAN | Director | 0.2 | — |
| DOUGLAS GOODMAN | Director | 0.2 | — |
| PAUL GOODMAN | Director | 0.2 | — |
| DANIEL BOWDEN | Director | 0.2 | — |
| LES BOWDEN | Director | 0.2 | — |
| LEAH BOWDEN | Director | 0.2 | — |
Contact Information
Telephone: 312-819-4061
EIN: 36-3668125
Frequently Asked Questions
What does Franklin Philanthropic Foundation fund?
The foundation's grant-making priorities focus on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Franklin Philanthropic Foundation?
**Grant Amounts:** Typical awards range from $400 to $50,000. **Annual Giving:** The foundation distributed $732,727 in grants based on its most recent filing. **Current Opportunities:** The foundation currently has no live grant opportunities listed.
Where does Franklin Philanthropic Foundation make grants?
The foundation primarily directs its funding toward organizations and initiatives in: • New York • Illinois • California
What size grants does Franklin Philanthropic Foundation award?
In 2024, Franklin Philanthropic Foundation awarded 154 grants totaling $733K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Franklin Philanthropic Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Franklin Philanthropic Foundation reported a distributable amount of $746K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Franklin Philanthropic Foundation's EIN?
Franklin Philanthropic Foundation's EIN (Employer Identification Number) is 36-3668125. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Franklin Philanthropic Foundation'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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