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Franks Family Foundation is a private trust based in SALT LAKE CTY, UT. The foundation received its IRS ruling in 2008. The principal officer is Herman L Franks Jr. It holds total assets of $563K. Annual income is reported at $259K. Total assets have grown from $493K in 2011 to $611K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in Utah and New York. According to available records, Franks Family Foundation has made 136 grants totaling $871K, with a median grant of $5K. Annual giving has grown from $223K in 2020 to $268K in 2023. Grantmaking activity was highest in 2022 with $380K distributed across 64 grants. Individual grants have ranged from N/A to $100K, with an average award of $6K. The foundation has supported 60 unique organizations. The foundation primarily supports organizations in Utah, California, Tennessee, which account for 72% of all grants. Grantmaking reaches organizations across 15 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$600
Median Grant
$3K
Average Grant
$4K
Largest Grant
$11K
Based on 34 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.
Franks Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 136 grants. Its grantmaking reaches organizations primarily in UT, CA, TN.
Franks Family Foundation has distributed a total of $871K across 136 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from N/A to $100K.
The application deadline is APPLICATION MUST BE SUBMITTED BY DECEMBER 15 TO BE CONSIDERED FOR PAYMENT BY DECEMBER 31..
Franks Family Foundation is headquartered in SALT LAKE CTY, UT. While based in UT, the foundation distributes grants to organizations across 15 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Herman L Franks | TRUSTEE | $0 | $0 | N/A |
| Lauri T Franks | TRUSTEE | $0 | $0 | N/A |
| Janie E Franks | ADMIN COMM | $0 | $0 | N/A |
| Michael L Franks | ADMIN COMM | $0 | $0 | N/A |
Total Giving
$269K
Total Assets
$611K
Fair Market Value
$1.7M
Net Worth
$611K
Grants Paid
$268K
Contributions
N/A
Net Investment Income
$39K
Distribution Amount
$83K
Total Grants
136
Total Giving
$871K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
60
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shriners HospitalCHARITABLE DONATION | Salt Lake City, UT | $10K | 2023 |
| Road HomeCHARITABLE DONATION | Midvale, UT | $10K | 2023 |
| Children'S CenterCHARITABLE DONATION | Salt Lake City, UT | $5K | 2023 |
| Heritage FoundationCHARITABLE DONATION | Washington, DC | $2K | 2023 |
| Covenant HouseCHARITABLE DONATION | Los Angeles, CA | $1K | 2023 |
| Spy HopCHARITABLE | Salt Lake City, UT | $20K | 2023 |
| Sheldrick Wildlife TrustCHARITABLE DONATION | Laguna Hills, CA | $15K | 2023 |
| Adopt A Native Elder ProgramCHARITABLE DONATION | South Salt Lake City, UT | $15K | 2023 |
| Fistula FoundationCHARITABLE | San Jose, CA | $15K | 2023 |
| St JudeCHARITABLE DONATION | Memphis, TN | $15K | 2023 |
| Tunnel To TowersCHARITABLE DONATION | Staten Island, NY | $15K | 2023 |
| Church Of ScientologyCHARITABLE DONATION | Salt Lake City, UT | $15K | 2023 |
| Paws For Purple HeartsCHARITABLE DONATION | Canyonville, OR | $12K | 2023 |
| Utah Food BankCHARITABLE DONATION | Salt Lake City, UT | $10K | 2023 |
| Humane Society Of UtahCHARITABLE DONATION | Murray, UT | $10K | 2023 |
| Neighborhood HouseCHARITABLE DONATION | Salt Lake City, UT | $10K | 2023 |
| Salt Lake City MissionCHARITABLE DONATION | Salt Lake City, UT | $7K | 2023 |
| Ronald Mcdonald HouseCHARITABLE DONATION | Salt Lake City, UT | $7K | 2023 |
| Fourth Street ClinicCHARITABLE DONATION | Salt Lake City, UT | $5K | 2023 |
| Judge Memorial High SchoolCHARITABLE DONATION | Salt Lake City, UT | $5K | 2023 |
| PrebornCHARITABLE DONATION | Indianapolis, IN | $5K | 2023 |
| Quarters For ChristmasCHARITABLE DONATION | Salt Lake City, UT | $5K | 2023 |
| Smile TrainCHARITABLE | New York, NY | $5K | 2023 |
| Special OlympicsCHARITABLE | Salt Lake City, UT | $5K | 2023 |
| African Wildlife FoundationCHARITABLE DONATION | Washington, DC | $5K | 2023 |
| Wounded Warrior ProjectCHARITABLE DONATION | Jacksonville, FL | $5K | 2023 |
| Southern Utah Wilderness AllianceCHARITABLE DONATION | Salt Lake City, UT | $5K | 2023 |
| Guide Dog FoundationCHARITABLE DONATION | Smithtown, NY | $5K | 2023 |
| Leo Love RescueCHARITABLE DONATION | Santa Monica, CA | $4K | 2023 |
| Sharing PlaceCHARITABLE DONATION | Salt Lake City, UT | $3K | 2023 |
| American Indian College FundCHARITABLE | Denver, CO | $3K | 2023 |
| Nepal Cleft And Burn CenterCHARITABLE DONATION | Salt Lake City, UT | $3K | 2023 |
| Ron Mcbride FoundationCHARITABLE DONATION | Sandy, UT | $3K | 2023 |
| Hillsdale CollegeCHARITABLE DONATION | Hillsdale, MI | $2K | 2023 |
| Baja Community FoundationCHARITABLE DONATION | Silverdale, WA | $2K | 2023 |
| CasaCHARITABLE DONATION | Atlanta, GA | $2K | 2023 |
| American Red CrossCHARITABLE DONATION | Washington, DC | $2K | 2023 |
| Maui StrongCHARITABLE DONATION | Kahului, HI | $500 | 2023 |
| Best Friends Animal SocietyCHARITABLE DONATION | Salt Lake City, UT | N/A | 2023 |
SALT LAKE CTY, UT
SANDY, UT
SALT LAKE CTY, UT