Raymond and Velma Frank Charitable Trust
Raymond and Velma Frank Charitable Trust is a private foundation focused on Environment, based in FORT WORTH, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $582K in total assets. In 2024, it awarded 6 grants totaling $30K. Net investment income was $37K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$582K
+3.2% YoY
Annual Giving
$30K
+0.0% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$5K
+0.0% YoY
Under IRS private-foundation payout rules, Raymond and Velma Frank Charitable Trust reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.
About Raymond and Velma Frank Charitable Trust
Based on IRS filings
Raymond and Velma Frank Charitable Trust is a private foundation focused on Environment, based in FORT WORTH, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $582K in total assets. In 2024, it awarded 6 grants totaling $30K. Net investment income was $37K.
Ready to take the next step with Raymond and Velma Frank Charitable Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $581,549 | $563,432 | $548,106 |
| Revenue | $39,116 | $26,214 | $9,959 |
| Expenses | $39,059 | $38,261 | $40,583 |
| Qualifying Distributions | $36,584 | $36,105 | $37,022 |
| Net Investment Income | $36,941 | $24,058 | $9,324 |
| Distributable Amount | $28,187 | $26,407 | $28,113 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American National Red Cross ($5,000), First United Methodist Church ($5,000), Humane Society of North Tx Inc ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN NATIONAL RED CROSS WASHINGTON, DC | UNRESTRICTED DONATION | $5,000 |
| FIRST UNITED METHODIST CHURCH FORT WORTH, TX | UNRESTRICTED DONATION | $5,000 |
| HUMANE SOCIETY OF NORTH TX INC FORT WORTH, TX | UNRESTRICTED DONATION | $5,000 |
| SAVE THE CHILDREN FEDERATION FAIRFIELD, CT | UNRESTRICTED DONATION | $5,000 |
| THE SALVATION ARMY OF FT WORTH TX DALLAS, TX | UNRESTRICTED DONATION | $5,000 |
| W I COOK FOUNDATION FORT WORTH, TX | UNRESTRICTED DONATION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Raymond and Velma Frank Charitable Trust?
Raymond and Velma Frank Charitable Trust is a private foundation focused on Environment, based in FORT WORTH, TX. It holds $582K in total assets as of 2024.
How large is Raymond and Velma Frank Charitable Trust?
As of 2024, Raymond and Velma Frank Charitable Trust holds $582K in total assets with $39K in annual revenue. It awarded 6 grants totaling $30K in 2024.
Where does Raymond and Velma Frank Charitable Trust operate?
Raymond and Velma Frank Charitable Trust has awarded grants in Connecticut, District of Columbia, Texas.
What size grants does Raymond and Velma Frank Charitable Trust award?
In 2024, Raymond and Velma Frank Charitable Trust awarded 6 grants totaling $30K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Raymond and Velma Frank Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Raymond and Velma Frank Charitable Trust reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Raymond and Velma Frank Charitable Trust's EIN?
Raymond and Velma Frank Charitable Trust's EIN (Employer Identification Number) is 75-6558076. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Raymond and Velma Frank Charitable Trust's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Chicago Community Trust
CHICAGO, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
Dallas Jewish Community Foundation
DALLAS, TX
Assets
$310.1M
Grants
410
Total Given
$33.9M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Aetna Foundation Inc
HARTFORD, CT
Assets
$16.6M
Grants
65
Total Given
$7.2M
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
Communities Foundation of Texas Inc
DALLAS, TX
Assets
$1.0B
Grants
2,182
Total Given
$143.6M
The Ayco Charitable Foundation
COHOES, NY
Assets
$1.2B
Grants
4,719
Total Given
$287.7M
Verizon Foundation
BASKING RIDGE, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
Lumen Clarke M Williams Foundation
WILMINGTON, DE
Assets
$12.1M
Grants
4
Total Given
$971K
Ima Foundation
WICHITA, KS
Assets
$10.4M
Grants
661
Total Given
$2.0M
AB CarVal Foundation
MINNEAPOLIS, MN
Assets
$10K
Grants
35
Total Given
$144K
Manitou Fund
WHITE BEAR LAKE, MN
Assets
—
Grants
164
Total Given
$20.1M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Raymond and Velma Frank Charitable Trust on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities