Jerome Frankel Foundation
Jerome Frankel Foundation is a private foundation, based in EVANSTON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $198K in total assets. In 2024, it awarded 5 grants totaling $21K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$198K
-6.0% YoY
Annual Giving
$21K
+5.1% YoY
Grant Count
5
-37.5% YoY
Avg Grant Size
$4K
+68.1% YoY
Under IRS private-foundation payout rules, Jerome Frankel Foundation reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.
About Jerome Frankel Foundation
Based on IRS filings
Jerome Frankel Foundation is a private foundation, based in EVANSTON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $198K in total assets. In 2024, it awarded 5 grants totaling $21K. Net investment income was $7K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $198,397 | $211,158 | $228,677 |
| Revenue | $13,417 | $10,956 | $8,765 |
| Expenses | $26,178 | $28,475 | $25,025 |
| Qualifying Distributions | $22,340 | $21,283 | $21,371 |
| Net Investment Income | $7,254 | $3,906 | $7,182 |
| Distributable Amount | $19,983 | $19,332 | $20,409 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Temple Sholom of Chicago ($6,500), University of Oklahoma Foundation ($5,000), Ravinia Festival Association ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TEMPLE SHOLOM OF CHICAGO CHICAGO, IL | GENERAL FUNDS | $6,500 |
| UNIVERSITY OF OKLAHOMA FOUNDATION OKLAHOMA CITY, OK | GENERAL FUNDS | $5,000 |
| WFMT RADIO CHICAGO, IL | GENERAL FUNDS | $1,200 |
| RAVINIA FESTIVAL ASSOCIATION Highland Park, IL | GENERAL FUNDS | $5,000 |
| ART INSTITUTE OF CHICAGO CHICAGO, IL | GENERAL FUNDS | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RHODA FRANKEL | PRESIDENT - PART TIME | — | — |
| LAURA FRANKEL | VP/SECRTY/DIREC - PART TIME | — | — |
| STANLEY FRANKEL | VP/DIRECTOR - PART TIME | — | — |
| DAVID FRANKEL | VP/TREAS/DIRECTOR - PART TIME | — | — |
Frequently Asked Questions
How large is Jerome Frankel Foundation?
As of 2024, Jerome Frankel Foundation holds $198K in total assets with $13K in annual revenue. It awarded 5 grants totaling $21K in 2024.
Where does Jerome Frankel Foundation operate?
Jerome Frankel Foundation has awarded grants in District of Columbia, Florida, Georgia, Illinois, Maryland, Michigan, New York, Oklahoma.
What size grants does Jerome Frankel Foundation award?
In 2024, Jerome Frankel Foundation awarded 5 grants totaling $21K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Jerome Frankel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jerome Frankel Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jerome Frankel Foundation's EIN?
Jerome Frankel Foundation's EIN (Employer Identification Number) is 23-7110778. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jerome Frankel Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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