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Franey Family Foundation Inc. is a private corporation based in ANNAPOLIS, MD. The foundation received its IRS ruling in 1996. It holds total assets of $1.6M. Annual income is reported at $657K. Total assets have grown from $611K in 2011 to $1.5M in 2023. The foundation is governed by 1 officer or trustee. 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 2016 to 2023. Grantmaking is concentrated in Maryland. According to available records, Franey Family Foundation Inc. has made 77 grants totaling $500K, with a median grant of $2K. The foundation has distributed between $124K and $197K annually from 2020 to 2022. Individual grants have ranged from $500 to $83K, with an average award of $6K. The foundation has supported 30 unique organizations. The foundation primarily supports organizations in Maryland, District of Columbia, Pennsylvania, which account for 83% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$9K
Largest Grant
$83K
Based on 21 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.
Franey Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 77 grants. Its grantmaking reaches organizations primarily in MD, DC, PA.
Franey Family Foundation Inc. has distributed a total of $500K across 77 grants. The median grant size is $2K, with an average of $6K. Individual grants have ranged from $500 to $83K.
Franey Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Franey Family Foundation Inc. is headquartered in ANNAPOLIS, MD. While based in MD, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William G Franey | PRESIDENT | $0 | $0 | N/A |
Total Giving
$147K
Total Assets
$1.5M
Fair Market Value
$1.9M
Net Worth
$1.5M
Grants Paid
$132K
Contributions
N/A
Net Investment Income
$85K
Distribution Amount
$93K
Total: $23K
Total Grants
77
Total Giving
$500K
Average Grant
$6K
Median Grant
$2K
Unique Recipients
30
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St MarysUNRESTRICTED | Annapolis, MD | $10K | 2022 |
| BestUNRESTRICTED | Baltimore, MD | $25K | 2022 |
| University Of Maryland College Park FoundationUNRESTRICTED | College Park, MD | $25K | 2022 |
| Boys & Girls Club Of AnnapolisUNRESTRICTED | Annapolis, MD | $10K | 2022 |
| Bo'S EffortUNRESTRICTED | Davidsonville, MD | $8K | 2022 |
| Catholic CharitiesUNRESTRICTED | Baltimore, MD | $5K | 2022 |
| Teach For AmericaUNRESTRICTED | Washington, DC | $5K | 2022 |
| Severn SchoolUNRESTRICTED | Severna Park, MD | $3K | 2022 |
| Nativity Catholic ChurchUNRESTRICTED | Burke, VA | $2K | 2022 |
| UsgaUNRESTRICTED | Hagerstown, MD | $2K | 2022 |
| Loyola UniversityUNRESTRICTED | Baltimore, MD | $1K | 2022 |
| Salesian MissionsUNRESTRICTED | New Rochell, NY | $1K | 2022 |
| Light House ShelterUNRESTRICTED | Annapolis, MD | $500 | 2022 |
| Hospice Of The ChesapeakeUNRESTRICTED | Pasadena, MD | $500 | 2022 |
| Nature ConservancyUNRESTRICTED | Arlington, VA | $500 | 2022 |
| Maryland HallUNRESTRICTED | Annapolis, MD | $500 | 2022 |
| Chesapeake Bay FoundationUNRESTRICTED | Baltimore, MD | $500 | 2022 |
| Archdiocese Of BaltimoreUNRESTRICTED | Baltimore, MD | $10K | 2021 |
| Trinity AcademyUNRESTRICTED | Shenandoah, PA | $10K | 2021 |
| Davidsonville Athletic AssociationUNRESTRICTED | Davidsonville, MD | $10K | 2021 |
| Johns Hopkins MedicineUNRESTRICTED | Baltimore, MD | $2K | 2021 |
| Cardinals AppealUNRESTRICTED | New York, NY | $2K | 2021 |
| St Vincent Depaul SocietyUNRESTRICTED | Annapolis, MD | $1K | 2021 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD