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Rafranco Foundation is a private corporation based in SARASOTA, FL. The foundation received its IRS ruling in 2023. The principal officer is David J Darata. It holds total assets of $894K. Annual income is reported at $160K. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, Rafranco Foundation has made 7 grants totaling $31K, with a median grant of $1K. Individual grants have ranged from $1K to $12K, with an average award of $4K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Florida, Massachusetts, New York, which account for 86% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
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.
Rafranco Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in FL, MA, NY.
Rafranco Foundation has distributed a total of $31K across 7 grants. The median grant size is $1K, with an average of $4K. Individual grants have ranged from $1K to $12K.
Rafranco Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rafranco Foundation is headquartered in SARASOTA, FL. While based in FL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alexandra Franco | VICE PRESIDE | $0 | $0 | N/A |
| Arlene Franco | SECRETARY | $0 | $0 | N/A |
| Bret Franco | VICE PRESIDE | $0 | $0 | N/A |
| Richard Franco | PRESIDENT/TR | $0 | $0 | N/A |
Total Giving
$74K
Total Assets
$904K
Fair Market Value
$897K
Net Worth
$904K
Grants Paid
$53K
Contributions
N/A
Net Investment Income
$33K
Distribution Amount
$48K
Total: $868K
Total Grants
7
Total Giving
$31K
Average Grant
$4K
Median Grant
$1K
Unique Recipients
7
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Anti Defamation LeagueCHARITABLE | New York, NY | $5K | 2022 |
| Chabad Of SarasotaCHARITABLE | Sarasota, FL | $12K | 2022 |
| Corey Griffin FoundationCHARITABLE | Framingham, MA | $10K | 2022 |
| Lake Shore Drive SynagogueCHARITABLE | Chicago, IL | $1K | 2022 |
| All Star Children'S FoundationCHARITABLE | Sarasota, FL | $1K | 2022 |
| Community Foundation Of Sarasota CoCHARITABLE | Sarasota, FL | $1K | 2022 |
| All Faiths Food BankCHARITABLE | Sarasota, FL | $1K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL