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The Morris I Franco Foundation Inc. is a private corporation based in RAHWAY, NJ. The foundation received its IRS ruling in 1969. It holds total assets of $1.5M. Annual income is reported at $257K. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. According to available records, The Morris I Franco Foundation Inc. has made 1 grants totaling $11K, with a median grant of $11K. Grant recipients are concentrated in New Jersey. 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 Morris I Franco Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in NJ.
The Morris I Franco Foundation Inc. has distributed a total of $11K across 1 grants. The median grant size is $11K, with an average of $11K. Individual grants have ranged from $11K to $11K.
The Morris I Franco Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Morris I Franco Foundation Inc. is headquartered in RAHWAY, NJ.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Isaac M Franco | V/P, TREASURER | $0 | $0 | N/A |
| Carol Franco | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.5M
Fair Market Value
N/A
Net Worth
$1.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
1
Total Giving
$11K
Average Grant
$11K
Median Grant
$11K
Unique Recipients
1
Most Common Grant
$11K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various Available Upon RequestCHARITABLE | Rahway, NJ | $11K | 2023 |