Frankel Family Foundation

HOUSTON, TX EIN: 76-0354825

The Frankel Family Foundation is a private foundation based in Houston, Texas, established in 1991. The foundation operates as a non-operating foundation with a focus on philanthropic giving across multiple states, primarily in Texas and California.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.8M

+7.0% YoY

Annual Giving

$800K

+32.2% YoY

Grant Count

26

+18.2% YoY

Avg Grant Size

$31K

+11.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports a diverse range of charitable organizations. Recent grantmaking has included support for educational institutions, including post-graduate programs at academies, charter school initiatives, and capital campaigns at schools. The foundation also supports cultural and research institutions.

Grantmaking

The foundation maintains an active grantmaking program with the following characteristics:

Grant Range

**: Individual grants have ranged from $5,000 to $200,000, with an average award of approximately $24,000 and a median grant of $10,000

How to Apply

**: The foundation makes contributions to preselected charitable organizations

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Geographic Focus

Where this funder awards grants

The foundation primarily supports organizations in Texas, California, and Massachusetts, which account for 89% of all grants. Grantmaking reaches organizations across six states, including Pennsylvania, Michigan, and Utah. Specific cities receiving support include Houston, Stanford, Cambridge, Atherton, Carlisle, Hillsdale, Kanab, and Monterey.

Grant Distribution by State

7states

Cities

AthertonAustinCambridgeCarlisleHillsdaleHostonHousotnHoustonKanabMontereyMonteryStanfordWashington

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2023)

  • Total Assets: $10,118,428
  • Total Revenue: $1,849,381
  • Total Expenses: $613,838
  • Total Liabilities: $0

Revenue Breakdown (2023)

  • Grants and Contributions: $919,470
  • Investment Income and Dividends: $383,330

Historical Growth

  • Total assets have grown from $5.9 million in 2011 to $10.1 million in 2023
  • Annual giving has grown from $440,000 in 2020 to $605,000 in 2023

Tax Status

  • Designated as a 501(c)(3) organization
  • Tax-exempt since February 1992
  • EIN: 76-0354825
  • Contributions are tax-deductible
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$509K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$10,826,758$10,118,428$9,448,321
Revenue$1,827,735$1,849,381$1,482,073
Expenses$808,874$613,838$576,638
Qualifying Distributions$800,000$605,000$570,000
Net Investment Income$728,064$921,073$452,399
Distributable Amount$746,078$589,969$548,912

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K21 grants202022 grants202125 grants202222 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BAYLOR COLLEGE OF MEDICINE$150KHOUSTON FOOD BANK$150KHOOVER INSTITUTION AT ST…$50KMASSACHUSETTS INSTITUTE …$50KST JOHN'S SCHOOL$50KBEST FRIENDS ANIMAL SOCI…$25KTEXAS CHILDREN'S HOSPITAL$25KMD ANDERSON CHILDREN'S C…$25KHOUSTON GRAND OPERA ASSO…$25KHOUSTON METHODIST HOSPIT…$25K

Grant Size Distribution

116 grants across all recorded years

98<$50K11$50–100K7$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Russell M. Frankel - Principal Officer and Chairman
  • Sherry G. Frankel - Vice President
  • Marvin D. Nathan - Secretary
  • Julia Frankel - Trustee

All leadership members serve without compensation. The foundation is governed by four officers and trustees.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RUSSELL M FRANKELCHAIRMAN1
SHERRY G FRANKELVICE PRESIDENT1
MARVIN D NATHANSECRETARY1
JULIA FRANKELTRUSTEE1

Contact Information

Address: 3604 Meadow Lake Lane, Houston, TX 77027-4111

Phone: (713) 526-5525

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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