J S Frank Foundation is located in Deerfield, IL. The organization was established in 1974. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. J S Frank Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, J S Frank Foundation generated $14.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 37.4% each year . All expenses for the organization totaled $9.3m during the year ending 12/2023. While expenses have increased by 27.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, J S Frank Foundation has awarded 310 individual grants totaling $36,531,519. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James S Frank President | 0 | $0 | |
Karen Frank Secretary | 0 | $0 | |
Daniel Z Frank Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,000,000 |
| Interest on Savings | $3,205,123 |
| Dividends & Interest | $1,685,757 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $102,692 |
| Capital Gain Net Income | $102,692 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,769 |
| Total Revenue | $14,003,341 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $45,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,095 |
| Total operating and administrative expenses | $100,294 |
| Contributions, gifts, grants paid | $9,150,770 |
| Total expenses and disbursements | $9,251,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,499,326 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $42,184,564 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $30,788 |
| Total assets | $147,733,704 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, J S Frank Foundation has awarded $9,150,770 in support to 67 organizations.
| Grant Recipient | Amount |
|---|---|
ADVANCE ILLINOIS PURPOSE: GENERAL FUND RAISING | $40,000 |
A BETTER CHICAGO PURPOSE: GENERAL FUND RAISING | $25,000 |
AMERICAN JEWISH COMMITTEE PURPOSE: GENERAL FUND RAISING | $20,000 |
ANDERSON RANCH ARTS CENTER PURPOSE: GENERAL FUND RAISING | $25,000 |
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE PURPOSE: GENERAL FUND RAISING | $100,000 |
ASPEN MUSIC FESTIVAL PURPOSE: GENERAL FUND RAISING | $15,000 |