Herman and Sharon Frankel Foundation
Herman and Sharon Frankel Foundation is a private foundation, based in Long Boat Key, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $239K in total assets. In 2024, it awarded 2 grants totaling $8K.
Herman and Sharon Frankel Foundation at a glance
In short: Herman and Sharon Frankel Foundation gave $8K across 2 grants in 2024 (avg $4K), mostly in Michigan. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $8,400
- +23.5% vs 2023
- Grants made (2024)
- 2
- +100.0% vs 2023
- Average grant
- $4,200
- -38.2% vs 2023
- Median grant
- $4,200
- Total assets
- $238,538
- -3.4% vs 2023
- Primary geography
- Michigan (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Herman and Sharon Frankel Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Henry Ford Health System ($5K). Together the top 2 received $8K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 10 grants of 11 (91%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How Herman and Sharon Frankel Foundation gives
- Giving grew 158% from 2021 to 2024. Method
- In 2024 it paid out 70% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $3K (2021) to $153K (2020). In 2024 it made 2 grants totaling $8K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Henry Ford Health System Detroit, MI | To Support the Community | $5,000 |
| Temple Israel West Bloomfield, MI | To Support the Community | $3,400 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $238,538 | — | $8,400 | $8,400 | 2 | $8,400 | — | $11,969 |
| 2023 | $246,938 | $115,073 | $9,650 | $6,800 | 1 | $6,800 | $112,223 | $9,413 |
| 2022 | $141,515 | $69,681 | $50,039 | $50,000 | 3 | $50,000 | $69,642 | $12,966 |
| 2021 | $121,873 | $3,961 | $5,950 | $3,250 | 1 | $3,250 | $2,611 | $14,360 |
| 2020 | $123,862 | $4,010 | $153,250 | $153,250 | 4 | — | $4,010 | $15,271 |
Under IRS private-foundation payout rules, Herman and Sharon Frankel Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Herman and Sharon Frankel Foundation is led by Herman Frankel, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Herman Frankel
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Herman and Sharon Frankel Foundation
How much does Herman and Sharon Frankel Foundation give each year?
Herman and Sharon Frankel Foundation gave $8K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $7K across 1 grant.
How large is Herman and Sharon Frankel Foundation?
Herman and Sharon Frankel Foundation reported $239K in total assets on its 2024 IRS Form 990-PF. It paid out $8K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Herman and Sharon Frankel Foundation operate?
Herman and Sharon Frankel Foundation has awarded grants in Florida, Michigan, New York.
What is Herman and Sharon Frankel Foundation's EIN?
Herman and Sharon Frankel Foundation's EIN (Employer Identification Number) is 38-3149105. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 8, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 18, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 20, 2026)
- IRS filings on file for fiscal years 2020–2024
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