Also known as: CO Foster Stewart
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
J Blair And Tena Frank Foundation is a private trust based in PORTLAND, ME. The foundation received its IRS ruling in 2017. The principal officer is Foster Stewart. It holds total assets of $30.4M. Annual income is reported at $14.8M. Total assets have grown from $19.7M in 2019 to $27.1M in 2023. The foundation is governed by 1 officer or trustee. Grant Making. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in Maine and Ohio. According to available records, J Blair And Tena Frank Foundation has made 10 grants totaling $6.6M, with a median grant of $828K. Annual giving has grown from $750K in 2020 to $1.5M in 2023. Grantmaking activity was highest in 2022 with $4.3M distributed across 6 grants. Individual grants have ranged from $45K to $1.2M, with an average award of $658K. The foundation has supported 4 unique organizations. The foundation primarily supports organizations in Ohio, Maine, California, which account for 90% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$45K
Median Grant
$906K
Average Grant
$717K
Largest Grant
$1.2M
Based on 3 grants from the most recent 990-PF filing.
Grant Making
Grant Making. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in OH, ME, CA.
J Blair And Tena Frank Foundation has distributed a total of $6.6M across 10 grants. The median grant size is $828K, with an average of $658K. Individual grants have ranged from $45K to $1.2M.
J Blair And Tena Frank Foundation typically selects its grantees rather than accepting unsolicited proposals.
J Blair And Tena Frank Foundation is headquartered in PORTLAND, ME. While based in ME, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Foster Stewart | Trustee | $6K | $0 | $6K |
Total Giving
$1.5M
Total Assets
$27.1M
Fair Market Value
$32.8M
Net Worth
$27.1M
Grants Paid
$1.5M
Contributions
N/A
Net Investment Income
$2.3M
Distribution Amount
$1.5M
Total Grants
10
Total Giving
$6.6M
Average Grant
$658K
Median Grant
$828K
Unique Recipients
4
Most Common Grant
$45K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bates CollegeGeneral Support | Lewiston, ME | $914K | 2023 |
| Fidelity Charitable FundGeneral Support | Cincinnati, OH | $550K | 2023 |
| Meto IncGeneral Support | Washington, DC | $70K | 2023 |
| Quest BridgeGlobal Program | Palo Alto, CA | $750K | 2020 |