Alexander Franklin Charitable Foundation
- Assets
- $33.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington, CT
- Founding
- 09/1999
- Data as of
- 12/2021
- EIN
- 31-1662965
Organization Overview
Alexander Franklin Charitable Foundation is located in Farmington, CT. The organization was established in 1999. 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. Alexander Franklin Charitable 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, Alexander Franklin Charitable Foundation generated $21.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $15.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE SCHOLARSHIPS TO STUDENTS AND CONTRIBUTIONS TO VARIOUS NON-PROFIT ORGANIZATIONS, INCLUDING THE BOY SCOUTS, PUBLIC LIBRARIES, AND OTHER YOUTH ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Franklin Trustee | 0 | $0 | |
Ida Franklin Board Member | 0 | $0 | |
Jennifer Franklin Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,460 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $299 |
| Gain or Loss | $5,849 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,608 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $500 |
| Total expenses | $15,408 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,487 |
| Other assets | $0 |
| Total assets | $33,487 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,487 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Alexander Franklin Charitable Foundation has recieved totaling $750.
| Awarding Organization | Amount |
|---|---|
Burton & Phyllis Hoffman Foundation Inc East Hartford, CT PURPOSE: GENERAL SUPPORT | $500 |
The Carla And Stephen Schwartz Family Foundation Inc Colchester, CT PURPOSE: CHARITY | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richard K Lubin Family Foundation Boston, MA | $152,996,918 | $13,537,947 |
The Selz Foundation New York, NY | $142,395,054 | $24,456,334 |
The Derfner Foundation New York, NY | $158,472,968 | $13,106,656 |
Jill Roberts Charitable Foundation Inc Garden City, NY | $11,485 | $9,710,793 |
James And Merryl Tisch Foundation Inc New York, NY | $1,291,425 | $11,020,609 |
Tortuga Foundation New York, NY | $110,168,381 | $33,186,414 |
The Joseph H Flom Foundation New York, NY | $6,836,169 | $3,314,736 |
The Applebaum Foundation Inc New York, NY | $229,643,281 | $16,929,047 |
Deutsche Bank Americas Foundation New York, NY | $38,867,163 | $11,020,529 |
Charles A Dana Fdn Inc New York, NY | $248,257,333 | $20,769,847 |
Motulsky-Nacht Family Foundation New York, NY | $171,149,787 | $10,722,392 |
Griffith R Harsh Iv And Margaret Cwhitman Charitable Foundation Albany, NY | $153,022,620 | $10,234,389 |