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Also known as: FOUNDATION INC
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David And Tracey Frankel Foundation Inc. is a private corporation based in PHILADELPHIA, PA. The foundation received its IRS ruling in 2023. It holds total assets of $5.9M. Annual income is reported at $2.7M. Total assets have grown from $1.7M in 2021 to $3.1M in 2022. The foundation is governed by 3 officers and trustees. The empowerment and education of under-privileged children. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Grantmaking is concentrated in Massachusetts. According to available records, David And Tracey Frankel Foundation Inc. has made 14 grants totaling $653K, with a median grant of $21K. Individual grants have ranged from $4K to $200K, with an average award of $47K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$21K
Average Grant
$47K
Largest Grant
$200K
Based on 7 grants from the most recent 990-PF filing.
The empowerment and education of under-privileged children.
Expenses: $326K
The empowerment and education of under-privileged children. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in MA.
David And Tracey Frankel Foundation Inc. has distributed a total of $653K across 14 grants. The median grant size is $21K, with an average of $47K. Individual grants have ranged from $4K to $200K.
David And Tracey Frankel Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
David And Tracey Frankel Foundation Inc. is headquartered in PHILADELPHIA, PA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David A Frankel | PRESIDENT, T | $0 | $0 | N/A |
| Tracey N Frankel | SECRETARY | $0 | $0 | N/A |
| Peter Rosenberg | DIRECTOR | $0 | $0 | N/A |
| Year | Return Type | |
|---|---|---|
| 2022 | 990PF | View |
| 2022 | 990PF | — |
Total Giving
N/A
Total Assets
$3.1M
Fair Market Value
N/A
Net Worth
$3.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
14
Total Giving
$653K
Average Grant
$47K
Median Grant
$21K
Unique Recipients
2
Most Common Grant
$11K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The David And Tracey Frankel FdnUNDER-PRIVILEGED CHILDREN EDUCATION | Johannesburg, MA | $200K | 2022 |
| The David And Travey Frankel FdnUNDER-PRIVILEGED CHILDREN EDUCATION | Johannesburg, MA | $11K | 2022 |