//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Frank Foundation Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1998. The principal officer is Bank Of America Nt & Sa. It holds total assets of $1.3M. Annual income is reported at $238K. Total assets have decreased from $1.8M in 2011 to $1.4M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2021 to 2024. The foundation primarily funds organizations in Colorado, California and New Jersey. According to available records, Frank Foundation Trust has made 33 grants totaling $438K, with a median grant of $15K. Annual giving has grown from $146K in 2022 to $292K in 2023. Individual grants have ranged from $6K to $16K, with an average award of $13K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in Colorado, California, New Jersey, which account for 82% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$15K
Average Grant
$14K
Largest Grant
$21K
Based on 11 grants from the most recent 990-PF filing.
The sole charitable activity of this organization is the making of contributions and grants to qualified charitable activities.no direct charitable activities are conducted.
Frank Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in CO, CA, NJ.
Frank Foundation Trust has distributed a total of $438K across 33 grants. The median grant size is $15K, with an average of $13K. Individual grants have ranged from $6K to $16K.
Frank Foundation Trust is a private foundation. To inquire about grants, you can look up the foundation using their EIN (367238319) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Frank Foundation Trust is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | CO-TRUSTEE | $23K | $0 | $23K |
| Barbara Ann Frank | CO-TRUSTEE | $11K | $0 | $11K |
Total Giving
$199K
Total Assets
$1.4M
Fair Market Value
$2.1M
Net Worth
$1.4M
Grants Paid
$163K
Contributions
N/A
Net Investment Income
$88K
Distribution Amount
$104K
Total Grants
33
Total Giving
$438K
Average Grant
$13K
Median Grant
$15K
Unique Recipients
17
Most Common Grant
$16K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Spectrum 360INDEPENDENCE PROGRAM | Verona, NJ | $16K | 2023 |
| Escuela De Guadalupe Elementary SchoolNEED BASED SCHOLARSHIPS | Denver, CO | $16K | 2023 |
| Aim High For High SchoolUNRESTRICTED GENERAL | San Francisco, CA | $16K | 2023 |
| Planned Parenthood Of The Rocky MtnsPPRM'S RESPONSIBLE SEX | Denver, CO | $16K | 2023 |
| Boys Hope Girls Hope Of ColoradoUNRESTRICTED GENERAL | Denver, CO | $15K | 2023 |
| Global Kids IncU.S. IN THE WORLD PROGRAM | New York, NY | $15K | 2023 |
| Arrupe Jesuit High SchoolWORKING FOR THE FUTURE | Denver, CO | $15K | 2023 |
| National Outdoor Leadership SchoolFINANCIAL AID FOR UNDER | Lander, WY | $13K | 2023 |
| The GrowhausSEED TO SEED PROGRAM | Denver, CO | $12K | 2023 |
| Matheny School & Hospital IncCONNECTIONS PROGRAM | Peapack, NJ | $6K | 2023 |
| California Poets In The SchoolsUNRESTRICTED GENERAL | San Francisco, CA | $6K | 2023 |
| Planned Parenthood Of ThePPRM'S RESPONSIBLE SEX | Denver, CO | $16K | 2022 |
| Escuela De GuadalupeNEED BASED SCHOLARSHIPS | Denver, CO | $16K | 2022 |
| Boys Hope Girls Hope OfUNRESTRICTED GENERAL | Denver, CO | $15K | 2022 |
| National OutdoorsFINANCIAL AID FOR UNDER | Lander, WY | $13K | 2022 |
| Matheny School & HospitalCONNECTIONS PROGRAM | Peapack, NJ | $6K | 2022 |
| California Poets In TheUNRESTRICTED GENERAL | San Francisco, CA | $6K | 2022 |