Julie and Martin Franklin Family
The Julie and Martin Franklin Family Foundation is a private grantmaking foundation based in Miami Beach, Florida. Established in 2017, it operates as a 501(c)(3) organization dedicated to philanthropic giving across the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$48.4M
+18.4% YoY
Annual Giving
$6.5M
+67.7% YoY
Grant Count
45
+18.4% YoY
Avg Grant Size
$144K
+41.6% YoY
Under IRS private-foundation payout rules, Julie and Martin Franklin Family reported a distributable amount of $2.3M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports general charitable purposes without specifying particular subject areas of focus. Based on recent grantmaking activity, the foundation has demonstrated support for education, human services, and international charitable work.
Grantmaking
The foundation is an active grantmaker with significant annual distributions. Recent grantmaking data shows:
Grant Range
** Typical awards range from $20,000 to $1,000,000
How to Apply
restriction.
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Geographic Focus
Where this funder awards grants
The foundation supports organizations across multiple states, with particular activity in:
- Florida
- New York
- California
- Additional funding in states including Texas, Massachusetts, Colorado, Connecticut, Delaware, Missouri, New Jersey, and Pennsylvania
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total assets (2024): $48.4 million
- Total assets (2023): $40.9 million
- Total revenue (2024): $14.4 million
- Total revenue (2023): $1.3 million
- Total expenses (2024): $6.88 million
- Total expenses (2023): $4.2 million
- Total liabilities (2024): $18,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $48,398,348 | $40,887,588 | $43,933,076 |
| Revenue | $14,361,478 | $1,259,132 | $7,623,052 |
| Expenses | $6,883,476 | $4,223,232 | $3,929,670 |
| Qualifying Distributions | $6,498,316 | $3,874,277 | $3,611,435 |
| Net Investment Income | $387,428 | $994,149 | $16,098,543 |
| Distributable Amount | $2,272,570 | $2,030,779 | $2,010,117 |
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 2024
Grant Size Distribution
208 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Friends of or National Missions ($1,180,000), Greater Miami Jewish Federation ($1,033,000), University of Miami Miller School of Medicine ($750,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN FRIENDS OF OR NATIONAL MISSIONS NEW YORK, NY | GENERAL CHARITABLE | $1,180,000 |
| AMERICAN JEWISH COMMITTEE NEW YORK, NY | GENERAL CHARITABLE | $100,000 |
| BRANDEIS MARIN SAN RAFAEL, CA | GENERAL CHARITABLE | $40,000 |
| BRIGHTWAY EDUCATION FOUNDATION WHITE PLAINS, NY | GENERAL CHARITABLE | $100,000 |
| CENTER FOR ENTREPENEURIAL JEWISH PHILANTHROPY NEW ROCHELLE, NY | GENERAL CHARITABLE | $118,000 |
| CHALLENGED ATHLETES FOUNDATION SAN DIEGO, CA | GENERAL CHARITABLE | $170,000 |
| FRIENDS OF UNITED HATZALAH NEW YORK, NY | GENERAL CHARITABLE | $21,366 |
| FRIENDSHIP CIRCLE MIAMI MIAMI, FL | GENERAL CHARITABLE | $10,000 |
| GREATER MIAMI JEWISH FEDERATION MIAMI, FL | GENERAL CHARITABLE | $1,033,000 |
| HARLEM VILLAGE ACADEMIES NEW YORK, NY | GENERAL CHARITABLE | $18,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by:
- Martin E. Franklin – Director and President
- Julie Franklin – Director and Vice President
- Desiree DeStefano – Director and Treasurer
All directors serve on a voluntary basis without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARTIN E FRANKLIN | DIRECTOR/PRESIDENT | 1 | — |
| JULIE FRANKLIN | DIRECTOR/VICE PRESIDENT/SE | 1 | — |
| DESIREE DESTEFANO | DIRECTOR/TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Julie and Martin Franklin Family fund?
The foundation supports general charitable purposes without specifying particular subject areas of focus. Based on recent grantmaking activity, the foundation has demonstrated support for education, human services, and international charitable work.
How do I apply for a grant from Julie and Martin Franklin Family?
The foundation is an active grantmaker with significant annual distributions. Recent grantmaking data shows: • **Total giving (2024):** $6.5 million • **Total giving (2023):** $3.9 million • **Grant range:** Typical awards range from $20,000 to $1,000,000 • **Number of grants:** The foundation made 43 grants in 2023 and 38 grants in 2023 (per alternative reporting) • **Recent major grants (2023):** • American Friends Of Or National Missions: $1,000,000 • University of Pennsylvania: $600,000 • T…
Where does Julie and Martin Franklin Family make grants?
The foundation supports organizations across multiple states, with particular activity in: • Florida • New York • California • Additional funding in states including Texas, Massachusetts, Colorado, Connecticut, Delaware, Missouri, New Jersey, and Pennsylvania
What size grants does Julie and Martin Franklin Family award?
In 2024, Julie and Martin Franklin Family awarded 45 grants totaling $6.5M — an average of about $144K per grant, based on its IRS Form 990 filings.
How much is Julie and Martin Franklin Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Julie and Martin Franklin Family reported a distributable amount of $2.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Julie and Martin Franklin Family's EIN?
Julie and Martin Franklin Family's EIN (Employer Identification Number) is 81-3940545. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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