Walter R Franks Dec'd FBO Opportunity

Private foundation · Grantmaker Milwaukee, WI EIN: 93-6113315

Walter R Franks Dec'd FBO Opportunity is a private foundation, based in Milwaukee, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $226K in total assets. In 2025, it awarded 1 grant totaling $13K. Net investment income was $25K.

Walter R Franks Dec'd FBO Opportunity at a glance

In short: Walter R Franks Dec'd FBO Opportunity gave $13K across 1 grant in 2025 (avg $13K), mostly in Oregon. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$12,826
+3.9% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$12,826
+3.9% vs 2024
Median grant
$12,826
Total assets
$225,720
+4.6% vs 2024
Primary geography
Oregon (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Walter R Franks Dec'd FBO Opportunity funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Opportunity Foundation of Cent Ore: $13KOpportunity Foundation of CentOre$13K

The largest 2025 recipient was Opportunity Foundation of Cent Ore ($13K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Redmond

How Walter R Franks Dec'd FBO Opportunity gives

  • Giving held roughly steady from 2022 to 2025 (+18%). Method
  • In 2025 it paid out 112% of its IRS minimum distribution (the 5% rule). 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$5K$10K$15K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $7K (2021) to $14K (2023). In 2025 it made 1 grant totaling $13K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Opportunity Foundation of Cent Ore Redmond, ORGeneral Operating$12,826
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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
2025$225,720$28,793$18,830$12,8261$14,795$24,871$13,201
2024$215,764$10,338$18,044$12,3481$14,295$6,443$12,549
2023$223,468$8,012$19,532$13,6881$15,630$4,334$12,158
2022$234,992$19,527$17,658$10,8651$12,926$14,770$14,446
2021$233,127$14,554$13,785$6,7671—$9,978$14,023

Under IRS private-foundation payout rules, Walter R Franks Dec'd FBO Opportunity reported a distributable amount of $13K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Walter R Franks Dec'd FBO Opportunity's only listed officer is US Bank N A, Trustee on every filing since 2023 (compensated).

Officers on the 2025 filing

  • US Bank N A

    Trustee

    On filings since 2023

    1 hr/week

    $4K (2023) → $4K (2025)

Former officers (1)
  • Former: US Bank NA (2021–2022) — Trustee

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

US Bank N a — Trustee: $4KUS Bank N aTrustee$4K

The highest reported compensation on the 2025 filing was $4K, to US Bank N a (Trustee).

Frequently asked questions about Walter R Franks Dec'd FBO Opportunity

How much does Walter R Franks Dec'd FBO Opportunity give each year?

Walter R Franks Dec'd FBO Opportunity gave $13K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $12K across 1 grant.

How large is Walter R Franks Dec'd FBO Opportunity?

Walter R Franks Dec'd FBO Opportunity reported $226K in total assets on its 2025 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $13K (roughly 5% of its investment assets).

Where does Walter R Franks Dec'd FBO Opportunity operate?

Walter R Franks Dec'd FBO Opportunity has awarded grants in Oregon.

What is Walter R Franks Dec'd FBO Opportunity's EIN?

Walter R Franks Dec'd FBO Opportunity's EIN (Employer Identification Number) is 93-6113315. IRS Form 990 filing data is available on this page for 2021–2025.

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 2021–2025

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

Figures come from Walter R Franks Dec'd FBO Opportunity'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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