Jerome Frankel Foundation

Private foundation · Grantmaker Evanston, IL EIN: 23-7110778

Jerome Frankel Foundation is a private foundation, based in Evanston, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $194K in total assets. In 2025, it awarded 7 grants totaling $18K. Net investment income was $16K.

Jerome Frankel Foundation at a glance

In short: Jerome Frankel Foundation gave $18K across 7 grants in 2025 (avg $3K), mostly in Illinois. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$17,700
-14.5% vs 2024
Grants made (2025)
7
+40.0% vs 2024
Average grant
$2,529
-38.9% vs 2024
Median grant
$1,200
Total assets
$194,317
-2.1% vs 2024
Primary geography
Illinois (97% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who Jerome Frankel Foundation funds

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Temple Sholom of Chicago: $7KTemple Sholom of Chicago$7KRavinia Festival Association: $5KRavinia Festival Association$5KArt Institute of Chicago: $3KArt Institute of Chicago$3KWFMT Radio: $1KWFMT Radio$1KMedglobal: $1KMedglobal$1KSharsheret: $500Sharsheret$500Chicago Botanic Garden: $300Chicago Botanic Garden$300

The largest 2025 recipient was Temple Sholom of Chicago ($7K). Together the top 7 received $18K.

Grant Size Distribution

62 grants across all recorded years

62<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 62 grants of 62 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

ChicagoNew YorkEvanstonGlencoeOklahoma CityAnn ArborHighland ParkWashingtonSkokieNorthbrookTeaneckAmericusArlingtonAtlantaClarksburgGranite CityKennesawLombardNormalRolling Meadows

How Jerome Frankel Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−11%). Method
  • In 2025 it paid out 104% of its IRS minimum distribution (the 5% rule). 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

$0$10K$20K$30K29 grants2019 19 grants2020 22 grants2021 20 grants2022 8 grants2023 5 grants2024 7 grants2025

From 2019 to 2025, annual grant giving ranged from $18K (2025) to $21K (2024). In 2025 it made 7 grants totaling $18K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Temple Sholom of Chicago Chicago, ILGeneral Funds$6,700
Ravinia Festival Association Highland Park, ILGeneral Funds$5,000
Art Institute of Chicago Chicago, ILGeneral Funds$3,000
WFMT Radio Chicago, ILGeneral Funds$1,200
Medglobal Rolling Meadows, ILGeneral Funds$1,000
Sharsheret Teaneck, NJGeneral Funds$500
Chicago Botanic Garden Glencoe, ILGeneral Funds$300
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$194,317$19,536$22,891$17,7007$19,337$15,982$18,524
2024$198,397$13,417$26,178$20,7005$22,340$7,254$19,983
2023$211,158$10,956$28,475$19,7008$21,283$3,906$19,332
2022$228,677$8,765$25,025$19,88920$21,371$7,182$20,409
2021$244,937$10,142$24,683$19,04122$20,468$7,152$21,857
2020$259,478$25,889$24,978$19,45219—$22,473$20,096
2019$258,567$39,248$23,367$18,66229—$35,908$20,146

Under IRS private-foundation payout rules, Jerome Frankel Foundation reported a distributable amount of $19K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Jerome Frankel Foundation is led by Rhoda Frankel, President - Part Time on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Rhoda Frankel

    President - Part Time

    On filings since 2019

    No compensation reported

  • David Frankel

    Vice President, Treasurer & Director - Part Time

    On filings since 2019

    No compensation reported

  • Stanley Frankel

    Vice President & Director - Part Time

    On filings since 2019

    No compensation reported

  • Laura Frankel

    Vice President, Secrty & Direc - Part Time

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Jerome Frankel Foundation

How much does Jerome Frankel Foundation give each year?

Jerome Frankel Foundation gave $18K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $21K across 5 grants.

What is Jerome Frankel Foundation's typical grant size?

Jerome Frankel Foundation's median grant in 2025 was $1,200, and its average grant was $2,529, across 7 grants on its 2025 IRS Form 990-PF.

Where does Jerome Frankel Foundation give grants?

Jerome Frankel Foundation gives mostly in Illinois: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chicago, IL (3 grants).

Does Jerome Frankel Foundation give general operating support?

Yes: 100% of Jerome Frankel Foundation's 2025 grants with a stated purpose (7 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Jerome Frankel Foundation's largest grantees?

Jerome Frankel Foundation's largest 2025 grantees include Temple Sholom of Chicago ($6,700), Ravinia Festival Association ($5,000) and Art Institute of Chicago ($3,000), according to its 2025 IRS Form 990-PF. Together they received 83% of its itemized 2025 grant dollars.

How large is Jerome Frankel Foundation?

Jerome Frankel Foundation reported $194K in total assets on its 2025 IRS Form 990-PF. It paid out $19K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets).

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 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS July 14, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 30, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS June 20, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 12, 2024)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Jerome Frankel Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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