SHREVEPORT, LA
The Alta And John Franks Foundation
Quick Facts
- EIN
- 237422163
- Location
- SHREVEPORT, LA
- Category
- General
- Total Assets
- $220.4M
- Annual Income
- $153.6M
- IRS Ruling Year
- 1978
- Organization Type
- Corporation
- Tax Deductibility
- Contributions are deductible
About This Foundation
The Alta And John Franks Foundation is a private corporation based in SHREVEPORT, LA. The foundation received its IRS ruling in 1978. It holds total assets of $220.4M. Annual income is reported at $153.6M. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$2.9M
2023+54%
Total Assets
$80M
2023+163%
Fair Market Value
$101.7M
2023
Net Worth
$80M
2023
Grants Paid
$2.3M
2023
Contributions
$50.3M
2023
Net Investment Income
$1.7M
2023
Distribution Amount
$2.9M
2023
Total Giving by Year
$200K
11$963K
12$580K
13$970K
14$1.3M
15$1.8M
19$1.8M
20$1.5M
21$1.9M
22$2.9M
23Asset Growth
$9.4M
11$10.7M
12$19.9M
13$19.3M
14$18.5M
15$20M
19$19.6M
20$25.5M
21$30.5M
22$80M
23Expense Breakdown (2023)
Grants Paid$2.3M
Accounting Fees$6K
Legal Fees$4K
Revenue Sources (2023)
- Contributions
- $50.3M
- Dividends
- $1.7M
- Capital Gains (Net)
- $450K
- Other Income
- $-25,320
Financial Details (2023)
- Total Revenue
- $52.4M
- Total Expenses
- $2.9M
- Exempt Purpose Expenses
- $2.4M
- Required Distribution
- $2.9M
- Undistributed Income
- $0
- Total Liabilities
- $1
- Excise Tax
- $24K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica