Rafranco Foundation
Rafranco Foundation is a private foundation based in Sarasota, Florida. Its 2025 filing reports grants to charitable organizations in several states, including Florida, Massachusetts, and New York.
Rafranco Foundation at a glance
In short: Rafranco Foundation gave $48K across 18 grants in 2025 (avg $3K), mostly in Florida. 22% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $47,661
- +21.0% vs 2024
- Grants made (2025)
- 18
- +38.5% vs 2024
- Average grant
- $2,648
- -12.6% vs 2024
- Median grant
- $1,000
- Total assets
- $876,492
- -2.0% vs 2024
- New grantees (estimate)
- 22% first-time grantees (4 of 18, 2025; small sample)
- Primary geography
- Florida (54% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Rafranco Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1825 Wisteria Street, Sarasota, FL 34239
Phone: (941) 374-9464
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Rafranco Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Chabad of Sarasota ($17K). Together the top 10 received $42K.
Grant Size Distribution
55 grants across all recorded years
The most common grant size was under $50K: 55 grants of 55 (100%).
Geographic Focus
Where this funder awards grants
In 2025, Florida organizations received 54% of grant dollars, followed by Massachusetts (21%), New York (18%), Illinois (6%), and Kansas (1%).
Grant Distribution by State
Share of 2025 grant dollars across all 18 itemized grants.
Cities
Is Rafranco Foundation open to new grantees?
22%
first-time grantees, 2025
In 2025, 4 of 18 grantees (22%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $625; repeat grants $3K. How we count
Medians: $501 first-time, $1K repeat.
- 67% of 2025 grantees were also funded in 2024. Method
- Giving grew 55% from 2022 to 2025. Method
- In 2025 it paid out 110% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $31K (2022) to $53K (2023). In 2025 it made 18 grants totaling $48K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Chabad of Sarasota Sarasota, FL | Charitable | $16,800 |
| Corey Griffin Foundation Framingham, MA | Charitable | $10,000 |
| Anti Defamation League New York, NY | Charitable | $5,000 |
| All Faiths Food Bank Sarasota, FL | Charitable | $2,000 |
| Lake Shore Drive Synagogue Chicago, IL | Charitable | $2,000 |
| Marie Selby Botanical Gardens Sarasota, FL | Charitable | $2,000 |
| Chicago Children's Hospital Chicago, IL | Charitable | $1,000 |
| Community Foundation of Sarasota CO Sarasota, FL | Charitable | $1,000 |
| Holocaust Museum St Petersburg, FL | Charitable | $1,000 |
| NY Presbyterian Hospital New York, NY | Charitable | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $876,492 | $36,610 | $54,252 | $47,661 | 18 | $47,661 | $35,898 | $43,334 |
| 2024 | $894,134 | $36,467 | $45,995 | $39,400 | 13 | $39,400 | $35,050 | $44,823 |
| 2023 | $903,662 | $18,665 | $73,549 | $53,180 | 17 | $53,180 | $32,789 | $48,149 |
| 2022 | $958,546 | $990,073 | $31,527 | $30,800 | 7 | $30,800 | $12,458 | $47,901 |
Under IRS private-foundation payout rules, Rafranco Foundation reported a distributable amount of $43K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement is provided. The 2025 grants include support for a food bank, a synagogue, a botanical garden, a hospital, and other charitable organizations. All Faiths Food Bank describes its own mission as working with partners to provide healthy solutions to end hunger in its community.
Grantmaking
In filing year 2025, the foundation reported 18 grants totaling $47,661. Grant amounts ranged from $360 to $16,800, with a median of $1,000.
The largest reported grants were $16,800 to Chabad of Sarasota, $10,000 to Corey Griffin Foundation, and $5,000 to Anti Defamation League. Other reported grants included $2,000 each to All Faiths Food Bank, Lake Shore Drive Synagogue, and Marie Selby Botanical Gardens.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Richard Franco as President/Treasurer, Bret Franco and Alexandra Franco as Vice Presidents, and Arlene Franco as Secretary.
Rafranco Foundation is led by Richard Franco, President on every filing since 2022; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Richard Franco
President
On filings since 2022
No compensation reported
Alexandra Franco
Vice President
On filings since 2022
No compensation reported
Arlene Franco
Secretary
On filings since 2022
No compensation reported
Bret Franco
Vice President
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "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 Rafranco Foundation
How much does Rafranco Foundation give each year?
Rafranco Foundation gave $48K across 18 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $39K across 13 grants.
What is Rafranco Foundation's typical grant size?
Rafranco Foundation's median grant in 2025 was $1,000, and its average grant was $2,648, across 18 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Rafranco Foundation that year got $625 on average.
Where does Rafranco Foundation give grants?
Rafranco Foundation gives mostly in Florida: 54% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (21%) and New York (18%). The most frequent recipient cities were Sarasota, FL (7 grants), New York, NY (4 grants) and Chicago, IL (2 grants).
Does Rafranco Foundation give general operating support?
Not in 2025: none of the 18 grants with a stated purpose on Rafranco Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (18 grants).
Who are Rafranco Foundation's largest grantees?
Rafranco Foundation's largest 2025 grantees include Chabad of Sarasota ($16,800), Corey Griffin Foundation ($10,000) and Anti Defamation League ($5,000), according to its 2025 IRS Form 990-PF. Together they received 67% of its itemized 2025 grant dollars.
How large is Rafranco Foundation?
Rafranco Foundation reported $876K in total assets on its 2025 IRS Form 990-PF. It paid out $48K in qualifying distributions that year, against a required minimum of $43K (roughly 5% of its investment assets).
What does Rafranco Foundation fund?
No mission statement is provided. The 2025 grants include support for a food bank, a synagogue, a botanical garden, a hospital, and other charitable organizations. All Faiths Food Bank describes its own mission as working with partners to provide healthy solutions to end hunger in its community. See mission & focus areas ↑
How do I apply for a grant from Rafranco Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Rafranco Foundation's EIN?
Rafranco Foundation's EIN (Employer Identification Number) is 87-4476515. IRS Form 990 filing data is available on this page for 2022–2025.
Does Rafranco Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 30, 2026)
- IRS filings on file for fiscal years 2022–2024
Live grants for the work Rafranco Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Rafranco Foundation's focus areas in our free grants database
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Figures come from Rafranco 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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