L Franklin Purnell Foundation
L Franklin Purnell Foundation is a private foundation, based in BERLIN, MD. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $554K in total assets. In 2025, it awarded 5 grants totaling $29K. Net investment income was $11K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$554K
-2.8% YoY
Annual Giving
$29K
-9.4% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$6K
+8.8% YoY
Under IRS private-foundation payout rules, L Franklin Purnell Foundation reported a distributable amount of $32K for 2025 — the minimum it must pay out in qualifying distributions.
About L Franklin Purnell Foundation
Based on IRS filings
L Franklin Purnell Foundation is a private foundation, based in BERLIN, MD. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $554K in total assets. In 2025, it awarded 5 grants totaling $29K. Net investment income was $11K.
Ready to take the next step with L Franklin Purnell Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $553,651 | $569,341 | $593,585 |
| Revenue | $27,188 | $20,886 | $-13,659 |
| Expenses | $42,946 | $44,997 | $46,874 |
| Qualifying Distributions | $29,000 | $32,000 | $34,000 |
| Net Investment Income | $11,094 | $6,179 | $15,726 |
| Distributable Amount | $32,380 | $30,529 | $28,831 |
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 2025
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Wor Wic Foundation ($14,000), Diakonia Inc ($11,000), Worcester County Gold ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COASTAL HOSPICE OCEAN PINES, MD | HOME AND MEDICAL CARE SERVICES | $1,000 |
| DIAKONIA INC OCEAN CITY, MD | EMERGENCY HOMELESS CENTER | $11,000 |
| HENRY HOTEL FOUNDATION OCEAN CITY, MD | RESTORE HISTORICAL BUILDING | $1,000 |
| WOR WIC FOUNDATION SALISBURY, MD | EDUCATIONAL PROGRAMS | $14,000 |
| WORCESTER COUNTY GOLD SNOW HILL, MD | AID NEEDY FAMILIES | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAYMOND COATES JR | PRESIDENT | — | $825 |
| JASON PARKER | SECRETARY/TR | — | $2,100 |
| WAYNE BENSON | DIRECTOR | — | $825 |
Frequently Asked Questions
How large is L Franklin Purnell Foundation?
As of 2025, L Franklin Purnell Foundation holds $554K in total assets with $27K in annual revenue. It awarded 5 grants totaling $29K in 2025.
Where does L Franklin Purnell Foundation operate?
L Franklin Purnell Foundation has awarded grants in Maryland.
What size grants does L Franklin Purnell Foundation award?
In 2025, L Franklin Purnell Foundation awarded 5 grants totaling $29K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is L Franklin Purnell Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, L Franklin Purnell Foundation reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is L Franklin Purnell Foundation's EIN?
L Franklin Purnell Foundation's EIN (Employer Identification Number) is 23-7187899. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in L Franklin Purnell 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.