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The Barbara Frances Family Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $813K. Annual income is reported at $269K. Total assets have grown from $519K in 2021 to $881K in 2023. The foundation is governed by 2 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 2021 to 2023. According to available records, The Barbara Frances Family Foundation Inc. has made 18 grants totaling $62K, with a median grant of $3K. Annual giving has grown from $17K in 2022 to $45K in 2023. Individual grants have ranged from $1K to $7K, with an average award of $3K. The foundation has supported 18 unique organizations. Grant recipients are concentrated in North Carolina. 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.
The Barbara Frances Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in NC.
The Barbara Frances Family Foundation Inc. has distributed a total of $62K across 18 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $1K to $7K.
The Barbara Frances Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Barbara Frances Family Foundation Inc. is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kelly Mulhern | Dir, Sec | $0 | $0 | N/A |
| Mark Mulhern | Dir, Pres, Treas | $0 | $0 | N/A |
Total Giving
$62K
Total Assets
$881K
Fair Market Value
$775K
Net Worth
$881K
Grants Paid
$45K
Contributions
$257K
Net Investment Income
$35K
Distribution Amount
$25K
Total Grants
18
Total Giving
$62K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
18
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| M BostickHARDSHIP ASSISTANCE GRANT | Holly Springs, NC | $7K | 2023 |
| T SteedHARDSHIP ASSISTANCE GRANT | Raleigh, NC | $5K | 2023 |
| T JacksonHARDSHIP ASSISTANCE GRANT | Wake Forest, NC | $5K | 2023 |
| S JohnsonHARDSHIP ASSISTANCE GRANT | Wake Forest, NC | $5K | 2023 |
| J OrmondHARDSHIP ASSISTANCE GRANT | Knightdale, NC | $4K | 2023 |
| P GoodeHARDSHIP ASSISTANCE GRANT | Raleigh, NC | $4K | 2023 |
| Carying Place IncorporatedGeneral & Unrestricted | Cary, NC | $3K | 2023 |
| M ReedHARDSHIP ASSISTANCE GRANT | Raleigh, NC | $3K | 2023 |
| Caring House IncGeneral & Unrestricted | Durham, NC | $2K | 2023 |
| Christian Community In ActionGeneral & Unrestricted | Cary, NC | $2K | 2023 |
| Haven House IncGeneral & Unrestricted | Raleigh, NC | $2K | 2023 |
| Raleigh Rescue Mission IncorporatedGeneral & Unrestricted | Raleigh, NC | $2K | 2023 |
| K BlandHARDSHIP ASSISTANCE GRANT | Raleigh, NC | $2K | 2023 |
| Holy Name Of Jesus CathedralGeneral & Unrestricted | Raleigh, NC | $1K | 2023 |
| C CabotHardship Assistance Grant | Wake Forest, NC | $5K | 2022 |
| K MatlockHardship Assistance Grant | Wake Forest, NC | $5K | 2022 |
| J BellHardship Assistance Grant | Fuquayvarina, NC | $4K | 2022 |
| N CreathHardship Assistance Grant | Raleigh, NC | $3K | 2022 |