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Myer & Lois Franklin Charitable Trust is a private trust based in JACKSON, MI. The foundation received its IRS ruling in 1987. It holds total assets of $6M. Annual income is reported at $1.8M. Total assets have grown from $218K in 2011 to $5.9M in 2023. The foundation is governed by 5 officers and trustees. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Michigan and Indiana. According to available records, Myer & Lois Franklin Charitable Trust has made 255 grants totaling $2.2M, with a median grant of $3K. The foundation has distributed between $297K and $927K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $927K distributed across 99 grants. Individual grants have ranged from $1K to $63K, with an average award of $9K. The foundation has supported 62 unique organizations. The foundation primarily supports organizations in Michigan, Indiana, Ohio, which account for 81% of all grants. Grantmaking reaches organizations across 16 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$8K
Largest Grant
$58K
Based on 39 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.
Myer & Lois Franklin Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 255 grants. Its grantmaking reaches organizations primarily in MI, IN, OH.
Myer & Lois Franklin Charitable Trust has distributed a total of $2.2M across 255 grants. The median grant size is $3K, with an average of $9K. Individual grants have ranged from $1K to $63K.
The application deadline is BEGINNING IN NOV ENDING WHEN RECEIVE 200 APPLICATIONS.. Minimum 500 maximum 5,000.
Myer & Lois Franklin Charitable Trust is headquartered in JACKSON, MI. While based in MI, the foundation distributes grants to organizations across 16 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Knoll | TRUSTEE | $0 | $0 | N/A |
| Kristen Schilling | TRUSTEE | $0 | $0 | N/A |
| Rae M Knoll | TRUSTEE | $0 | $0 | N/A |
| Deborah Marshall | TRUSTEE | $0 | $0 | N/A |
| James Marshall | TRUSTEE | $0 | $0 | N/A |
Total Giving
$377K
Total Assets
$5.9M
Fair Market Value
$6.6M
Net Worth
$5.9M
Grants Paid
$319K
Contributions
N/A
Net Investment Income
$124K
Distribution Amount
$316K
Total: $5.6M
Total Grants
255
Total Giving
$2.2M
Average Grant
$9K
Median Grant
$3K
Unique Recipients
62
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of AlabamaSCHOLARSHIP | Tuscaloosa, AL | $1K | 2023 |
| Michigan State UniversitySCHOLARSHIPS | E Lansing, MI | $51K | 2023 |
| Grand Valley State UniversitySCHOLARSHIPS | Allendale Twp, MI | $50K | 2023 |
| University Of MichiganSCHOLARSHIPS | Ann Arbor, MI | $39K | 2023 |
| Jackson Community FoundationADMINISTOR SCHOLARSHIPS | Jackson, MI | $25K | 2023 |
| Albion CollegeSCHOLARSHIP | Albion, MI | $15K | 2023 |
| Jackson CollegeSCHOLARSHIPS | Jackson, MI | $12K | 2023 |
| Central Michigan UniversitySCHOLARSHIPS | Mt Pleasant, MI | $12K | 2023 |
| Western Michigan UniversitsySCHOLARSHIPS | Kalamazoo, MI | $10K | 2023 |
| Ferris State UniversitySCHOLARSHIPS | Big Rapids, MI | $10K | 2023 |
| Spring Arbor UniversitySCHOLARSHIPS | Spring Arbor, MI | $9K | 2023 |
| Michian Technological UniversitySCHOLARSHIPS | Houghton, MI | $9K | 2023 |
| Eastern Michigan UniversitySCHOLARSHIPS | Ypsilanti, MI | $8K | 2023 |
| Wayne State UniversitySCHOLARSHIP | Detroit, MI | $7K | 2023 |
| Saginaw Valley State UniversitySCHOLARSHIP | University Center, MI | $5K | 2023 |
| Lansing Community CollegeSCHORSHIP | Lansing, MI | $4K | 2023 |
| Thrine UniversiySCHOLARSHIP | Angola, IN | $3K | 2023 |
| Adrian CollegeSCHOLARSHIP | Adrian, MI | $3K | 2023 |
| Ohio State UniversitySCHOLARSHIP | Columbus, OH | $3K | 2023 |
| Davenport UniversitySCHOLARSHIP | Grand Rapids, MI | $3K | 2023 |
| University Of Notre DameSCHOLARSHIP | Notre Dame, IN | $3K | 2023 |
| University Of WisconcinSCHOLARSHIP | Madison, WI | $3K | 2023 |
| Gerge Mason UniversiySCHARSHIP | Fairfax, VA | $3K | 2023 |
| Kalamazoo CollegeSCHOLARSHIP | Kalamazoo, MI | $2K | 2023 |
| Northwood UniversitySCHOLARSHIP | Midland, MI | $2K | 2023 |
| Kettering UniversitySCHOLARSHIP | Flint, MI | $2K | 2023 |
| Taylor UniversitySCHOLARSHIP | Upland, IN | $2K | 2023 |
| Belmont Abbey CollegeSCHOLARSHIP | Belmont, NC | $2K | 2023 |
| Baker CollegeSCHOLARSHIP | Jackson, MI | $2K | 2023 |
| Jackson Symphony OrchestraGENERAL FUND | Jackson, MI | $2K | 2023 |
| Indiana UniversitySCHOLARSHIP | Bloomington, IN | $2K | 2023 |
| Indiana Wesley UniversitySCHOLARSHIP | Marion, IN | $2K | 2023 |
| Wheaton CollegeSCHOLORSHIP | Wheaton, IL | $2K | 2023 |
| Purdue UniversitySCHLORSHIP | West Lafayette, IN | $2K | 2023 |
| Siena Heights UniversitySCHOLASHIP | Adrian, MI | $1K | 2023 |
| Columbia CollgeSCHOLARSHIP | Chicago, IL | $1K | 2023 |
| Lawrence Technologial UniversitySCHOLARSHIP | Southfield, MI | $1K | 2023 |
| Alma CollegeSCHOLARSHIP | Alma, MI | $1K | 2023 |