The Plank Family Foundation Inc
The Plank Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLANDVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.5M in total assets. In 2024, it awarded 9 grants totaling $1.7M. Net investment income was $302K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
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
About The Plank Family Foundation Inc
Based on IRS filings
The Plank Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLANDVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.5M in total assets. In 2024, it awarded 9 grants totaling $1.7M. Net investment income was $302K.
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 | 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 .
Leadership & 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 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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