Franks Foundation Fund

Foundation · Grantmaker Milwaukee, WI EIN: 93-0666994

Franks Foundation Fund is a private foundation, based in Milwaukee, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $267K in total assets. In 2025, it awarded 1 grant totaling $42K. Net investment income was $32K.

Key facts about Franks Foundation Fund

EIN: 93-0666994
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $42,185
Grants made (2025): 1
Average grant: $42,185
Median grant: $42,185
Total assets: $266,734
Primary geography: Oregon (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated April 2026.

How Franks Foundation Fund gives

In 2025 it paid out 306% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Franks Foundation Fund

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$267K

-5.9% YoY

Annual Giving

$42K

-13.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$42K

-13.7% YoY

Under IRS private-foundation payout rules, Franks Foundation Fund reported a distributable amount of $17K for 2025 — the minimum it must pay out in qualifying distributions.

About Franks Foundation Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Oregon $42K (100%)

Share of all 1 itemized 2025 grant dollars.

States

Oregon

Cities

Eugene

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$266,734	$283,599	$327,052
Revenue	$36,971	$15,697	$14,333
Expenses	$55,501	$61,162	$23,631
Qualifying Distributions	$51,037	$56,603	$18,057
Net Investment Income	$32,426	$11,059	$9,405
Distributable Amount	$16,654	$18,915	$20,401

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2021–2025

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Oregon Student Assistance ($42,185).

Recipient	Purpose	Amount
OREGON STUDENT ASSISTANCE Eugene, OR	SCHOLARSHIPS	$42,185

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Name	Title	Hours	Compensation
US Bank N a	Trustee	1	$4,682

Frequently Asked Questions

How large is Franks Foundation Fund?

As of 2025, Franks Foundation Fund holds $267K in total assets with $37K in annual revenue. It awarded 1 grant totaling $42K in 2025.

Where does Franks Foundation Fund operate?

Franks Foundation Fund has awarded grants in Oregon.

What size grants does Franks Foundation Fund award?

In 2025, Franks Foundation Fund awarded 1 grant totaling $42K — an average of about $42K per grant, based on its IRS Form 990 filings.

How much is Franks Foundation Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Franks Foundation Fund reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.