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Mj & Ke Franco Foundation Co Tua 060081038462 is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2009. The principal officer is Bank Of America N A Et Al Ttee. It holds total assets of $3.1M. Annual income is reported at $941K. Total assets have grown from $2.6M in 2011 to $3.2M in 2023. The foundation is governed by 2 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 2024. The foundation primarily funds organizations in Florida and New York. According to available records, Mj & Ke Franco Foundation Co Tua 060081038462 has made 24 grants totaling $708K, with a median grant of $27K. Annual giving has decreased from $386K in 2022 to $166K in 2024. Individual grants have ranged from $11K to $62K, with an average award of $30K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Florida and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$13K
Median Grant
$31K
Average Grant
$32K
Largest Grant
$62K
Based on 6 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.
Mj & Ke Franco Foundation Co Tua 060081038462 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in FL, NY.
Mj & Ke Franco Foundation Co Tua 060081038462 has distributed a total of $708K across 24 grants. The median grant size is $27K, with an average of $30K. Individual grants have ranged from $11K to $62K.
Mj & Ke Franco Foundation Co Tua 060081038462 typically selects its grantees rather than accepting unsolicited proposals.
Mj & Ke Franco Foundation Co Tua 060081038462 is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | CO-TRUSTEE | $43K | $0 | $43K |
| Stuart H Altman | CO-TRUSTEE | $22K | $0 | $22K |
Total Giving
$238K
Total Assets
$3.2M
Fair Market Value
$4.5M
Net Worth
$3.2M
Grants Paid
$166K
Contributions
N/A
Net Investment Income
$98K
Distribution Amount
$210K
Total Grants
24
Total Giving
$708K
Average Grant
$30K
Median Grant
$27K
Unique Recipients
6
Most Common Grant
$11K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Univ Of Miami- Miller Medical SchoolSUPPORT PAVILLION FOR | Miami, FL | $54K | 2024 |
| Diabetes Research Institute FoundationSUPPORT PANCREATIC CELL | Hollywood, FL | $36K | 2024 |
| National Kidney Foundation IncSUPPORT FLORIDA DIRECT AID | Orlando, FL | $36K | 2024 |
| Mount Sinai Medical CenterGRANT IN MEMORY OF DR. | New York, NY | $18K | 2024 |
| American Heart Association IncUNRESTRICTED GENERAL | St Petersburg, FL | $11K | 2024 |
| Alzheimer'S AssociationGRANT IN MEMORY OF ADELLE | Fort Lauderdale, FL | $11K | 2024 |