Samuel And Jean Frankel Foundation is a private corporation based in TROY, MI. The foundation received its IRS ruling in 1958. It holds total assets of $52.2M. Annual income is reported at $17.4M. According to available records, Samuel And Jean Frankel Foundation has made 24 grants totaling $45.5M, with a median grant of $1.3M. Annual giving has grown from $11.6M in 2020 to $22.8M in 2022. Individual grants have ranged from $100K to $6.3M, with an average award of $1.9M. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Samuel And Jean Frankel Foundation 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 MI.
Samuel And Jean Frankel Foundation has distributed a total of $45.5M across 24 grants. The median grant size is $1.3M, with an average of $1.9M. Individual grants have ranged from $100K to $6.3M.
Samuel And Jean Frankel Foundation typically selects its grantees rather than accepting unsolicited proposals.
Samuel And Jean Frankel Foundation is headquartered in TROY, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bruce Frankel | TRUSTEE | $0 | $0 | $0 |
| Stuart Frankel | TRUSTEE | $0 | $0 | $0 |
| Stanley Frankel | TREASURER | $0 | $0 | $0 |
| Arthur Weiss | TRUSTEE | $0 | $0 | $0 |
| Joelyn Nyman | TRUSTEE | $0 | $0 | $0 |
Total Giving
$11.9M
Total Assets
$75.8M
Fair Market Value
$109.8M
Net Worth
$75.8M
Grants Paid
$11M
Contributions
$0
Net Investment Income
$4.3M
Distribution Amount
$3.2M
Total: $29.6M
Total Grants
24
Total Giving
$45.5M
Average Grant
$1.9M
Median Grant
$1.3M
Unique Recipients
6
Most Common Grant
$175K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of MichiganCHARITABLE WITHOUT RESTRICTION | Ann Arbor, MI | $4.1M | 2022 |
| University Of Michigan-Comprehensive Medical Cancer CenterCHARITABLE WITHOUT RESTRICTION | Ann Arbor, MI | $2.5M | 2022 |
| Detroit Symphony OrchestraCHARITABLE WITHOUT RESTRICTION | Detroit, MI | $500K | 2022 |
| Sphinx OrganizationCHARITABLE WITHOUT RESTRICTION | Detroit, MI | $175K | 2022 |
| Cranbrook Educational CommunityCHARITABLE WITHOUT RESTRICTION | Bloomfield Hills, MI | $100K |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| 2022 |
| University Of Michigan - Comprehensive Medical Cancer CenterCHARITABLE WITHOUT RESTRICTION | Ann Arbor, MI | $2.5M | 2020 |
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