The Alta and John Franks Foundation
The Alta and John Franks Foundation is a private grantmaking foundation established in 1978 and based in Shreveport, Louisiana. The foundation operates as a 501(c)(3) charitable organization classified under the NTEE code T20 (Private Grantmaking Foundations).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$220.4M
+175.4% YoY
Annual Giving
$8.7M
+269.0% YoY
Grant Count
70
+37.3% YoY
Avg Grant Size
$124K
+168.8% YoY
Mission & Focus Areas
The foundation's giving priorities include:
- Baptist and United Methodist churches
- Science centers
- Health associations
- The arts
- Education
- Human services
- Philanthropy and voluntarism
Grantmaking
The foundation makes contributions to preselected charitable organizations only.
Grant Range
$11,000
Average Grant
$29,000 to $35,000
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Louisiana
- Virginia
- District of Columbia
These three states account for approximately 91% of all grants. Grantmaking reaches organizations across 12 states total.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue:
- Total assets: $220.4M (as of 2024)
- Assets have grown from $9.4M in 2011 to $220.4M in 2024
- Annual income: $153.6M (2024)
- Total giving: $8.6M to $8.7M
Historical Asset Growth:
- 2022: $49.6M in assets
- 2024: $220.4M in assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $220,433,211 | $80,031,833 | $30,461,295 |
| Revenue | $150,104,700 | $52,431,190 | $6,839,310 |
| Expenses | $9,679,485 | $2,860,652 | $1,854,356 |
| Qualifying Distributions | $8,858,009 | $2,426,166 | $1,556,449 |
| Net Investment Income | $4,849,928 | $1,714,874 | $647,192 |
| Distributable Amount | $10,183,189 | $2,907,718 | $2,137,480 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BOBBY E JELKS | PRESIDENT/ DIRECTOR | 30 | $260,000 |
| FAITH N GILBERT | SECRETARY/ DIRECTOR | 25 | $130,000 |
| DIANE F MARLOWE | ASSISTANT SECRETARY/ DIRECTOR | 30 | $80,000 |
Contact Information
- Address: PO Box 7625, Shreveport, LA 71137-7625
- Phone: (318) 221-2688
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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