The John and Mary Franklin Foundation

Private foundation · Grantmaker Atlanta, GA EIN: 58-6036131

The John and Mary Franklin Foundation is a private foundation, based in Atlanta, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $31.1M in total assets. In 2024, it awarded 1 grant totaling $1.6M. Net investment income was $2.0M.

The John and Mary Franklin Foundation at a glance

In short: The John and Mary Franklin Foundation gave $1.6M across 1 grant in 2024 (avg $1.6M), mostly in Illinois. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$1,586,710
+19.9% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$1,586,710
+19.9% vs 2023
Median grant
$1,586,710
Total assets
$31,054,881
+0.6% vs 2023
Primary geography
Illinois (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

How to apply to The John and Mary Franklin Foundation

Who The John and Mary Franklin Foundation funds

How this funder distributes its grants

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M5$1–5M$5M+

The most common grant size was in the $1–5M range: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

How The John and Mary Franklin Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−17%). Method
  • In 2024 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $1.3M (2023) to $1.9M (2022). In 2024 it made 1 grant totaling $1.6M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
See Attached Schedule See Attached Schedule, ILGeneral Support$1,586,710
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$31,054,881$2,022,487$1,828,119$1,586,7101$1,747,175$1,958,334$1,917,828
2023$30,857,208$669,852$1,533,937$1,322,8291$1,404,793$853,302$1,732,552
2022$31,736,919$3,399,731$2,188,274$1,932,1841$2,011,672$3,256,988$1,720,523
2021$30,529,228$2,620,652$2,146,307$1,901,4601$1,981,594$2,481,110$1,942,943
2020$30,039,272$321,820$1,977,555$1,750,2801—$736,218$1,698,931

Under IRS private-foundation payout rules, The John and Mary Franklin Foundation reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The John and Mary Franklin Foundation is led by Jerry W. Nix, Chairman since 2021 (on filings since 2020); 2 of 11 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Jerry W. Nix

    Chairman

    Trustee → Chairman, 2021

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Robin M. Murray

    Director

    Executive Secretary → _director, 2023

    _director → Director, 2024

    On filings since 2021

    20 hrs/week

    $36K (2022) → $38K (2024)

  • E. Kendrick Smith

    Trustee

    On filings since 2020

    20 hrs/week

    No compensation reported

  • Elizabeth R. Jones

    Trustee

    On filings since 2020

    20 hrs/week

    No compensation reported

  • John B. Carter Jr.

    Trustee

    On filings since 2020

    20 hrs/week

    No compensation reported

  • Marion B. Glover

    Trustee

    On filings since 2020

    20 hrs/week

    No compensation reported

  • John F. Oglesby

    Trustee

    On filings since 2021

    20 hrs/week

    No compensation reported

  • Joseph Arnold

    Trustee

    On filings since 2023

    20 hrs/week

    No compensation reported

  • Marilu H. McCarty P. H. D.

    Trustee

    On filings since 2023

    20 hrs/week

    No compensation reported

  • Heather H. Kite

    Administrator

    On filings since 2023

    30 hrs/week

    $30K (2024)

  • Laurie B. Williams

    Administrator

    On filings since 2023

    5 hrs/week

    No compensation reported

Former officers (2)
  • Former: Marilu H. McCarty (2020–2021) — Executive Secretary
  • Former: Frank M. Malone (2020) — Chairman

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Robin M Murray — Director: $38KRobin M MurrayDirector$38KHeather H Kite — Admin: $30KHeather H KiteAdmin$30K

The highest reported compensation on the 2024 filing was $38K, to Robin M Murray (Director). 2 officers or directors reported compensation on that filing.

Frequently asked questions about The John and Mary Franklin Foundation

How much does The John and Mary Franklin Foundation give each year?

The John and Mary Franklin Foundation gave $1.6M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.3M across 1 grant.

How large is The John and Mary Franklin Foundation?

The John and Mary Franklin Foundation reported $31.1M in total assets on its 2024 IRS Form 990-PF. It paid out $1.7M in qualifying distributions that year, against a required minimum of $1.9M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does The John and Mary Franklin Foundation operate?

The John and Mary Franklin Foundation has awarded grants in Illinois.

What is The John and Mary Franklin Foundation's EIN?

The John and Mary Franklin Foundation's EIN (Employer Identification Number) is 58-6036131. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The John and Mary Franklin 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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