Commander Louis P And Frances F Frank Foundation
- Assets
- $386.2k
- Revenue
- $8.3k
- Investments
- $366.7k
- Employees
- 0
- Location
- North Palm Beach, FL
- Founding
- 06/2009
- Data as of
- 09/2023
- EIN
- 26-3300004
Organization Overview
Commander Louis P And Frances F Frank Foundation is located in North Palm Beach, FL. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commander Louis P And Frances F 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 09/2023, Commander Louis P And Frances F Frank Foundation generated $8.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $45.0k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Commander Louis P And Frances F Frank Foundation has awarded 54 individual grants totaling $141,549. 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 | $0 |
| Dividends & Interest | $10,826 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,489 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,337 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,503 |
| Total operating and administrative expenses | $30,088 |
| Contributions, gifts, grants paid | $14,871 |
| Total expenses and disbursements | $44,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,323 |
| Savings and temporary cash investments | $2,163 |
| 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 | $46,936 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $386,180 |
| 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 |
Grants Awarded
Over the last fiscal year, Commander Louis P And Frances F Frank Foundation has awarded $14,871 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NORTON MUSEUM OF ART PURPOSE: PROMOTION OF THE ARTS | $2,479 |
JEWISH FEDERATION OF PALM BEACH CNT PURPOSE: PROMOTE JEWISH CULTURE | $2,479 |
WPBT COMMUNICATIONS FOUNDATION INC PURPOSE: PUBLIC BROADCASTING | $2,478 |
ISRAEL CANCER ASSOCIATION PURPOSE: PROMOTE AWARENESS | $2,478 |
SOCIETY OF THE FOUR ARTS PURPOSE: PROMOTION OF THE ARTS | $2,479 |
WXEL PURPOSE: TO SUPPORT PUBLIC BROADCASTING | $2,478 |