Franks Foundation is a private foundation focused on Education, based in BOONEVILLE, MS. IRS filing data is available for 2021. In 2021, it awarded 96 grants totaling $106K. Net investment income was $252K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$106K
Grant Count
96
Avg Grant Size
$1K
About Franks Foundation
Based on IRS filings
Franks Foundation is a private foundation focused on Education, based in BOONEVILLE, MS. IRS filing data is available for 2021. In 2021, it awarded 96 grants totaling $106K. Net investment income was $252K.
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 | 2021 |
|---|---|
| Total Assets | — |
| Revenue | $256,442 |
| Expenses | $133,186 |
| Qualifying Distributions | $133,186 |
| Net Investment Income | $251,765 |
| 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 10 recipients in 2021
Grant Size Distribution
50 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Aslan Anthony ($2,000), David Torrent ($2,000), James Torrent ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASLAN ANTHONY BLUE MO, MS | SCHOLARSHIP FOR HIGHER EDUCATION | $2,000 |
| KATY HARE BOONEVILLE, MS | SCHOLARSHIP FOR HIGHER EDUCATION | $1,000 |
| JOSI HILL NEW ALBANY, MS | SCHOLARSHIP FOR HIGHER EDUCATION | $1,000 |
| DAVID TORRENT OXFORD, MS | SCHOLARSHIP FOR HIGHER EDUCATION | $2,000 |
| LUKE WILLIAMS TUPELO, MS | SCHOLARSHIP FOR HIGHER EDUCATION | $1,000 |
| JALEN WARREN BOONEVILLE, MS | SCHOLARSHIP FOR HIGHER EDUCATION | $500 |
| JAMES TORRENT OXFORD, MS | SCHOLARSHIP FOR HIGHER EDUCATION | $2,000 |
| ELIZABETH GANN BOONEVILLE, MS | SCHOLARSHIP FOR HIGHER EDUCATION | $2,000 |
| ANNA GAINES CORINTH, MS | SCHOLARSHIP FOR HIGHER EDUCATION | $1,000 |
| ELIZABETH MCFARLING TUPELO, MS | SCHOLARSHIP FOR HIGHER EDUCATION | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOUGLAS JUMPER | PRESIDENT | — | — |
| KERMIT V JONES | TREASURER | — | — |
| DON MURPHY | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Franks Foundation?
Franks Foundation is a private foundation focused on Education, based in BOONEVILLE, MS. It holds — in total assets as of 2021.
Where does Franks Foundation operate?
Franks Foundation has awarded grants in Mississippi.
What size grants does Franks Foundation award?
In 2021, Franks Foundation awarded 96 grants totaling $106K — an average of about $1K per grant, based on its IRS Form 990 filings.
What is Franks Foundation's EIN?
Franks Foundation's EIN (Employer Identification Number) is 64-0845922. IRS Form 990 filing data is available on this page for 2021.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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