Plank Family Foundation

Organization Overview

Plank Family Foundation is located in Brooklandville, MD. The organization was established in 2008. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Plank Family 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 12/2021, Plank Family Foundation generated $134.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (59.5%) each year. All expenses for the organization totaled $788.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Plank Family Foundation has awarded 141 individual grants totaling $32,059,550. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $25,338
Dividends & Interest $91,612
Net Rental Income$0
Net Gain on Sale of Assets $17,558
Capital Gain Net Income $17,558
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $134,508

Grants Awarded

Over the last fiscal year, Plank Family Foundation has awarded $770,000 in support to 12 organizations.

Grant RecipientAmount

GREATER WASHINGTON PARTNERSHIP

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL DONATION

$250,000

COLLEGE BOUND FOUNDATION

Org PageRecipient Profile

Baltimore, MD

PURPOSE: GENERAL DONATION - 2021

$200,000

WESTLAKE YOUTH ATHLETIC ORGANIZATION

PURPOSE: ANNUAL DONATION

$125,000

CENTER FOR URBAN FAMILIES

Org PageRecipient Profile

Baltimore, MD

PURPOSE: GENERAL DONATION

$100,000

NEW PSALMIST BAPTIST CHURCH

Org PageRecipient Profile

Baltimore, MD

PURPOSE: GENERAL DONATION - 2021

$25,000

CHURCH OF THE NATIVITY

PURPOSE: GENERAL DONATION - 2021

$25,000
View Grant Profile

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