The Plank Family Foundation Inc
BROOKLANDVILLE, MD EIN: 26-1300940
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$11.5M
+37.0% YoY
Annual Giving
$1.7M
+108.6% YoY
Grant Count
9
+200.0% YoY
Avg Grant Size
$192K
-30.5% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,469,431 | $8,372,334 | $9,040,920 |
| Revenue | $4,845,069 | $171,560 | $140,763 |
| Expenses | $1,747,972 | $840,146 | $667,929 |
| Qualifying Distributions | $1,731,377 | $830,000 | $665,000 |
| Net Investment Income | $302,282 | $158,987 | $118,924 |
| Distributable Amount | $399,620 | $332,962 | $361,406 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
41 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Plank Family Foundation Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEVIN A PLANK | PRESIDENT/TREASURER | 1 | — |
| DESIREE JACQUELINE PLANK | VICE PRESIDENT | 1 | — |
| THOMAS J SIPPEL | VICE PRESIDENT | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Maryland $4.8M (90%)
District of Columbia $250K (5%)
South Carolina $125K (2%)
New York $100K (2%)
Tennessee $25K (0%)
Florida $22K (0%)
Minnesota $15K (0%)
Cities
BaltimoreBatlimoreBethesdaBrooklandvilleCollege ParkGlyndonHyattsvilleLuthervilletimoniumMemphisMiamiMinneapolisNew YorkOwings MillsRembertSilver SpringWaldorfWashington
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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