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Also known as: C/O Michael J Kleinman ESQ
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Frances A Melrose Foundation is a private corporation based in DENVER, CO. The foundation received its IRS ruling in 2005. The principal officer is Michael J Kleinman Esq. It holds total assets of $2.8M. Annual income is reported at $512K. Total assets have grown from $4K in 2011 to $2.8M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in Colorado and Virginia. According to available records, Frances A Melrose Foundation has made 18 grants totaling $566K, with a median grant of $25K. The foundation has distributed between $161K and $205K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $205K distributed across 6 grants. Individual grants have ranged from $5K to $84K, with an average award of $31K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Colorado. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$25K
Average Grant
$32K
Largest Grant
$75K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Frances A Melrose Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in CO.
Frances A Melrose Foundation has distributed a total of $566K across 18 grants. The median grant size is $25K, with an average of $31K. Individual grants have ranged from $5K to $84K.
Frances A Melrose Foundation typically selects its grantees rather than accepting unsolicited proposals.
Frances A Melrose Foundation is headquartered in DENVER, CO. The foundation primarily funds organizations in Colorado, Virginia.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Larry D Harvey Esq | DIRECTOR /SECRETARY | $7K | $0 | $7K |
| Doron L Kleinman | DIRECTOR | $7K | $0 | $7K |
| Michael J Kleinman | DIRECTOR / CHAIRMAN | $7K | $0 | $7K |
| Dean J Boosalis Cpa | DIRECTOR / TREASURER | $7K | $0 | $7K |
| Victoria Philpott Jones | DIRECTOR | $7K | $0 | $7K |
Total Giving
$221K
Total Assets
$2.8M
Fair Market Value
$3.5M
Net Worth
$2.8M
Grants Paid
$161K
Contributions
N/A
Net Investment Income
$64K
Distribution Amount
$160K
Total Grants
18
Total Giving
$566K
Average Grant
$31K
Median Grant
$25K
Unique Recipients
8
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Little Sisters Of The PoorCHARITABLE CAUSES | Denver, CO | $5K | 2023 |
| University Of Denver ScholarshipEDUCATIONAL SCHOLARSHIP | Denver, CO | $84K | 2023 |
| Volunteers Of AmericaCHARITABLE CAUSES | Denver, CO | $30K | 2023 |
| Metro State UniversityEDUCATIONAL SCHOLARSHIP | Denver, CO | $25K | 2023 |
| Dumb Friends LeagueCHARITABLE CAUSES | Denver, CO | $10K | 2023 |
| City & County Of DenverCHARITABLE CAUSES | Denver, CO | $7K | 2023 |
| University Of Denver Scholorshipeducational scholarship | Denver, CO | $84K | 2022 |
| Meals On WheelsCharitable Causes | Denver, CO | $40K | 2021 |