The Maj Franco Family Charitable
The Maj Franco Family Charitable Foundation is a private independent family foundation based in New York City. Established in 2010, the foundation operates as a 501(c)(3) tax-exempt organization with its principal office located at 3 Park Ave, Floor 24, New York, NY 10016.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$8K
+109.5% YoY
Annual Giving
$376K
+31.4% YoY
Grant Count
91
-17.3% YoY
Avg Grant Size
$4K
+58.8% YoY
Under IRS private-foundation payout rules, The Maj Franco Family Charitable reported a distributable amount of $425 for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's stated purpose is to provide funding to further its charitable purposes, including some grants to individuals. The foundation has not publicly disclosed a detailed mission statement or specific funding priorities through available sources.
Grantmaking
The foundation makes grants to charitable organizations and individuals. Recent grant activity indicates support for educational initiatives, including scholarships and institutional support. The foundation accepts grant requests and can be contacted at 212-679-3022 for inquiries regarding funding opportunities.
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Geographic Focus
Where this funder awards grants
The foundation is based in New York and has demonstrated funding activity in New York State, with documented support for organizations serving Franco-American communities and educational institutions.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $8,493 | $4,053 | $8,686 |
| Revenue | $381,000 | $282,000 | $210,500 |
| Expenses | $376,560 | $286,633 | $212,434 |
| Qualifying Distributions | $376,270 | $286,448 | $212,016 |
| Net Investment Income | — | — | — |
| Distributable Amount | $425 | $410 | $901 |
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 2025
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Congredation Beth Torah ($32,767), Congregation Shaare Zion ($13,250), Maskeel El Dal Society ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABO MULKANDOV NEW YORK, NY | FOR THE CHARITABLE USE OF THE DONEE ORGANIZATIONS | $500 |
| ADEREH EKYSHU NEW YORK, NY | FOR THE CHARITABLE USE OF THE DONEE ORGANIZATIONS | $720 |
| AFO YESHIVAT SHAARE EZRA NEW YORK, NY | FOR THE CHARITABLE USE OF THE DONEE ORGANIZATIONS | $500 |
| AHABA VE SHBA NEW YORK, NY | FOR THE CHARITABLE USE OF THE DONEE ORGANIZATIONS | $101 |
| AHAVAT HAIM VACHESED NEW YORK, NY | FOR THE CHARITABLE USE OF THE DONEE ORGANIZATIONS | $2,000 |
| AHI EZER YESHIVAH NEW YORK, NY | FOR THE CHARITABLE USE OF THE DONEE ORGANIZATIONS | $5,400 |
| AMERICAN FRIENDS OF BIMAD ALON MOREH NEW YORK, NY | FOR THE CHARITABLE USE OF THE DONEE ORGANIZATIONS | $500 |
| AMERICAN FRIENDS OF KNEES ADES NEW YORK, NY | FOR THE CHARITABLE USE OF THE DONEE ORGANIZATIONS | $1,200 |
| AMERICAN FRIENDS OF MERKAZ HATORAH NEW YORK, NY | FOR THE CHARITABLE USE OF THE DONEE ORGANIZATIONS | $2,600 |
| AMERICAN FRIENDS OF YESHIVA SHARRE EZRA NEW YORK, NY | FOR THE CHARITABLE USE OF THE DONEE ORGANIZATIONS | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH A FRANCO | PRESIDENT | 1 | — |
| MAX MARC FRANCO | VICE PRESIDENT | 1 | — |
| JOSEPH N FRANCO | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has provided recent grant support to educational and community organizations. Notable recent activity includes grants to the Franco Center and support for scholarship programs benefiting Franco-American students pursuing higher education. The foundation has also made transformative gifts to educational institutions, including support for research and liberal arts advancement initiatives.
Franco Center receives $51K in grant money over three-week periodSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Maj Franco Family Charitable fund?
The foundation's stated purpose is to provide funding to further its charitable purposes, including some grants to individuals. The foundation has not publicly disclosed a detailed mission statement or specific funding priorities through available sources.
How do I apply for a grant from The Maj Franco Family Charitable?
The foundation makes grants to charitable organizations and individuals. Recent grant activity indicates support for educational initiatives, including scholarships and institutional support. The foundation accepts grant requests and can be contacted at 212-679-3022 for inquiries regarding funding opportunities.
Where does The Maj Franco Family Charitable make grants?
The foundation is based in New York and has demonstrated funding activity in New York State, with documented support for organizations serving Franco-American communities and educational institutions.
What size grants does The Maj Franco Family Charitable award?
In 2025, The Maj Franco Family Charitable awarded 91 grants totaling $376K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Maj Franco Family Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Maj Franco Family Charitable reported a distributable amount of $425 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Maj Franco Family Charitable's EIN?
The Maj Franco Family Charitable's EIN (Employer Identification Number) is 27-6370187. IRS Form 990 filing data is available on this page for 2019–2025.
Explore Open Grants
Browse active grant opportunities in The Maj Franco Family Charitable's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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