The Franklin Family Foundation
The Franklin Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLOUCESTER, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 3 grants totaling $110K. Net investment income was $73K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.4M
-0.6% YoY
Annual Giving
$110K
-42.1% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$37K
-61.4% YoY
About The Franklin Family Foundation
Based on IRS filings
The Franklin Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLOUCESTER, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 3 grants totaling $110K. Net investment income was $73K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,376,953 | $1,385,113 | $1,459,461 |
| Revenue | $74,976 | $59,608 | $88,920 |
| Expenses | $113,000 | $193,338 | $268,561 |
| Qualifying Distributions | $111,500 | $191,733 | $266,780 |
| Net Investment Income | $73,476 | $58,651 | $87,139 |
| Distributable Amount | $70,733 | $66,580 | $73,214 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
11 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 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK S FRANKLIN | GRANTOR AND TRUSTEE | — | — |
| LAURIE FRANKLIN | TRUSTEE | — | — |
| JOSEPH A VITALE | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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