Mayme & Herbert Frank Educatn Tr

MILWAUKEE, WI EIN: 93-6231608

Mayme & Herbert Frank Educatn Tr is a private foundation, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $634K in total assets. In 2024, it awarded 1 grants totaling $26K. Net investment income was $13K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$634K

-1.6% YoY

Annual Giving

$26K

Grant Count

Avg Grant Size

$26K

Under IRS private-foundation payout rules, Mayme & Herbert Frank Educatn Tr reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.

About Mayme & Herbert Frank Educatn Tr

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $119K (100%)

States

Tennessee

Cities

Kingsport

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$634,191	$644,240	$634,358
Revenue	$23,913	$23,581	$55,061
Expenses	$39,817	$13,699	$55,680
Qualifying Distributions	$29,165	$2,756	$43,184
Net Investment Income	$12,835	$13,274	$42,495
Distributable Amount	$35,599	$33,414	$40,019

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Association to Unite the Democracies ($26,442).

Recipient	Purpose	Amount
ASSOCIATION TO UNITE THE DEMOCRACIES KINGSPORT, TN	GENERAL OPERATING	$26,442

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
US BANK NA	TRUSTEE	1	$11,393

Frequently Asked Questions

How large is Mayme & Herbert Frank Educatn Tr?

As of 2024, Mayme & Herbert Frank Educatn Tr holds $634K in total assets with $24K in annual revenue. It awarded 1 grants totaling $26K in 2024.

Where does Mayme & Herbert Frank Educatn Tr operate?

Mayme & Herbert Frank Educatn Tr has awarded grants in Tennessee.

What size grants does Mayme & Herbert Frank Educatn Tr award?

In 2024, Mayme & Herbert Frank Educatn Tr awarded 1 grants totaling $26K — an average of about $26K per grant, based on its IRS Form 990 filings.

How much is Mayme & Herbert Frank Educatn Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mayme & Herbert Frank Educatn Tr reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mayme & Herbert Frank Educatn Tr's EIN?

Mayme & Herbert Frank Educatn Tr's EIN (Employer Identification Number) is 93-6231608. IRS Form 990 filing data is available on this page for 2020–2024.