Julie and Martin Franklin Family

MIAMI BEACH, FL EIN: 81-3940545

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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

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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

19states
+11 more states

Cities

AlexandriaAnn ArborAspenBasaltBeverly HillsBostonBrooklynChicagoCoconut GroveCoral GablesCoral SpringsDallasDealDenverDoralEllenwoodEncinitasEncinoFlushingHartford

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$9M$13M$18M20202021202220232024
Metric202420232022
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

$0$2M$3M$5M$6M43 grants202040 grants202142 grants202238 grants202345 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAN FRIENDS OF OR N…$1.2MGREATER MIAMI JEWISH FED…$1.0MUNIVERSITY OF MIAMI MILL…$750KUNIVERSITY OF PENNSYLVANIA$605KTHE MIAMI FOUNDATION$500KTHE ISLAND ACADEMY$250KLEHRMAN COMMUNITY DAY SC…$200KONE TABLE (THE SHABBAT P…$200KTHE EVERGLADES FOUNDATIO…$200KCHALLENGED ATHLETES FOUN…$170K

Grant Size Distribution

208 grants across all recorded years

130<$50K24$50–100K33$100–250K6$250–500K8$500K–1M7$1–5M$5M+

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).

RecipientPurposeAmount
AMERICAN FRIENDS OF OR NATIONAL MISSIONS NEW YORK, NYGENERAL CHARITABLE$1,180,000
AMERICAN JEWISH COMMITTEE NEW YORK, NYGENERAL CHARITABLE$100,000
BRANDEIS MARIN SAN RAFAEL, CAGENERAL CHARITABLE$40,000
BRIGHTWAY EDUCATION FOUNDATION WHITE PLAINS, NYGENERAL CHARITABLE$100,000
CENTER FOR ENTREPENEURIAL JEWISH PHILANTHROPY NEW ROCHELLE, NYGENERAL CHARITABLE$118,000
CHALLENGED ATHLETES FOUNDATION SAN DIEGO, CAGENERAL CHARITABLE$170,000
FRIENDS OF UNITED HATZALAH NEW YORK, NYGENERAL CHARITABLE$21,366
FRIENDSHIP CIRCLE MIAMI MIAMI, FLGENERAL CHARITABLE$10,000
GREATER MIAMI JEWISH FEDERATION MIAMI, FLGENERAL CHARITABLE$1,033,000
HARLEM VILLAGE ACADEMIES NEW YORK, NYGENERAL 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

NameTitleHoursCompensation
MARTIN E FRANKLINDIRECTOR/PRESIDENT1
JULIE FRANKLINDIRECTOR/VICE PRESIDENT/SE1
DESIREE DESTEFANODIRECTOR/TREASURER1

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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