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Franke Family Charitable Foundation is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1990. It holds total assets of $58M. Annual income is reported at $6.2M. Total assets have grown from $42.7M in 2010 to $53.7M in 2022. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Connecticut and Illinois. According to available records, Franke Family Charitable Foundation has made 78 grants totaling $9.5M, with a median grant of $25K. Annual giving has decreased from $5.3M in 2022 to $4.2M in 2023. Individual grants have ranged from $250 to $1M, with an average award of $122K. The foundation has supported 26 unique organizations. The foundation primarily supports organizations in Illinois, New York, Connecticut, which account for 85% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$175
Median Grant
$25K
Average Grant
$57K
Largest Grant
$334K
Based on 37 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.
Franke Family Charitable Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 78 grants. Its grantmaking reaches organizations primarily in IL, NY, CT.
Franke Family Charitable Foundation has distributed a total of $9.5M across 78 grants. The median grant size is $25K, with an average of $122K. Individual grants have ranged from $250 to $1M.
Franke Family Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Franke Family Charitable Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Katherine M Franke | TRUSTEE | $0 | $0 | N/A |
| Jane S Franke | TRUSTEE | $0 | $0 | N/A |
| Barbara E Franke | TRUSTEE | $0 | $0 | N/A |
Total Giving
$4.2M
Total Assets
$53.7M
Fair Market Value
$53.7M
Net Worth
$53.4M
Grants Paid
$3.9M
Contributions
N/A
Net Investment Income
$9.7M
Distribution Amount
$2.5M
Total Grants
78
Total Giving
$9.5M
Average Grant
$122K
Median Grant
$25K
Unique Recipients
26
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| North Shore Country Day SchoolGENERAL OPERATIONS | Winnetka, IL | $1M | 2023 |
| Fidelity ChartableSHEPHERD FUND (JANE FRANKE DAF) | Covington, KY | $1M | 2023 |
| Community Funds IncGENERAL OPERATIONS | New York, NY | $1M | 2023 |
| The Colorado CollegeGENERAL OPERATIONS | Colorado Springs, CO | $333K | 2023 |
| University Of ChicagoCOURT THEATRE FUND | Chicago, IL | $260K | 2023 |
| Long Wharf TheatreGENERAL OPERATIONS | New Haven, CT | $110K | 2023 |
| Chicago Humanities FestivalGENERAL OPERATIONS | Chicago, IL | $100K | 2023 |
| Yale University Library CouncilGENERAL OPERATIONS | New Haven, CT | $50K | 2023 |
| Northwestern UniversityFRANKE FAMILY FELLOWS | Evanston, IL | $50K | 2023 |
| Art Institute Of ChicagoSUSTAINING FELLOWS | Chicago, IL | $50K | 2023 |
| Arizona MusicfestGENERAL OPERATIONS | Scottsdale, AZ | $25K | 2023 |
| Chicago Shakespeare TheatreGENERAL OPERATIONS | Chicago, IL | $25K | 2023 |
| Yale Art GalleryGENERAL OPERATIONS | New Haven, CT | $25K | 2023 |
| Integrated Refugee & Immigrant ServicesGENERAL OPERATIONS | New Haven, CT | $25K | 2023 |
| LeapGENERAL OPERATIONS | New Haven, CT | $20K | 2023 |
| International Festival Of Arts & IdeasGENERAL OPERATIONS | New Haven, CT | $2K | 2023 |
| Elm City Consort IncGENERAL OPERATIONS | New Haven, CT | $1K | 2023 |
| Pentwater Arts CouncilGENERAL OPERATIONS | Pentwater, MI | $250 | 2023 |
| New York Community TrustWESTCHESTER COMMUNITY FOUNDATION FUNDS - JANE FRANKE FUND (2008) | New York, NY | $275K | 2022 |
| The University Of ChicagoCOURT THEATRE FUND | Chicago, IL | $250K | 2022 |
| Court TheatreGENERAL OPERATIONS | Chicago, IL | $50K | 2022 |
| Mayo ClinicGENERAL OPERATIONS | Scottsdale, AZ | $25K | 2022 |
| Yale Center For British ArtGENERAL OPERATIONS | New Haven, CT | $25K | 2022 |
| American Philosophical SocietyGENERAL OPERATIONS | Philadelphia, PA | $25K | 2022 |