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Irene & Wallace D Franson Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 1998. The principal officer is Jess S Morgan & Company Inc.. It holds total assets of $41K. Annual income is reported at $1K. Total assets have decreased from $69K in 2011 to $41K in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of human services. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including California, Missouri, Texas. According to available records, Irene & Wallace D Franson Foundation has made 39 grants totaling $40K, with a median grant of $1K. Annual giving has decreased from $9K in 2020 to $4K in 2023. Grantmaking activity was highest in 2022 with $18K distributed across 16 grants. Individual grants have ranged from $500 to $2K, with an average award of $1K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in California, New York, Texas, which account for 85% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$850
Largest Grant
$2K
Based on 10 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.
Irene & Wallace D Franson Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in CA, NY, TX.
Irene & Wallace D Franson Foundation has distributed a total of $40K across 39 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $500 to $2K.
Irene & Wallace D Franson Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (954686422) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Irene & Wallace D Franson Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lisa Franson | DIRECTOR | $0 | $0 | N/A |
| Linda Franson | DIRECTOR | $0 | $0 | N/A |
| Laura Spaulding | DIRECTOR | $0 | $0 | N/A |
| Susan J Ollweiler | SECRETARY | $0 | $0 | N/A |
| Irene Franson | TREASURER | $0 | $0 | N/A |
| Wallace D Franson | PRESIDENT | $0 | $0 | N/A |
Total Giving
$4K
Total Assets
$41K
Fair Market Value
$68K
Net Worth
$41K
Grants Paid
$4K
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$3K
Total: $19K
Total Grants
39
Total Giving
$40K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
20
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Desert Community FoundationGENERAL | Palm Desert, CA | $2K | 2023 |
| The Girl ScoutsGENERAL | Palm Desert, CA | $1K | 2023 |
| Mccallum TheatreGENERAL | Palm Desert, CA | $1K | 2023 |
| Pbs SocalGENERAL | Los Angeles, CA | $500 | 2023 |
| Unicef UsaGENERAL | New York, NY | $2K | 2022 |
| The Living DesertGENERAL | Palm Desert, CA | $1K | 2022 |
| Eisenhower Medical CenterGENERAL | Rancho Mirage, CA | $1K | 2022 |
| Shepherd ChurchGENERAL | Porter Ranch, CA | $500 | 2022 |
| Para AdelanteGENERAL | St Petersburg, FL | $500 | 2022 |
| Turner Syndrome SocietyGENERAL | Houston, TX | $500 | 2022 |
| Second Harvest HeartlandGENERAL | Brooklyn Park, MN | $1K | 2021 |
| American Red CrossGENERAL | Washington, DC | $1K | 2021 |
| Temple SinaiGENERALGENERAL | Palm Desert, CA | $1K | 2021 |
| New DirectionsGENERAL | Santa Barbara, CA | $1K | 2021 |
| University Of Southern CaliforniaGENERAL | Los Angeles, CA | $1K | 2021 |
| Los Angeles Regional Food BankGENERAL | Los Angeles, CA | $1K | 2020 |
| Alzheimer'S AssociationGENERAL | Palm Desert, CA | $500 | 2020 |
| National Ms SocietyGENERAL | Denver, CO | $500 | 2020 |
| Camp De Benneville PinesGENERAL | Angelus Oaks, CA | $500 | 2020 |
| Veterans Community ProjectGENERALGENERALGENERAL | Kansas City, MO | $500 | 2020 |