Frankel Family Foundation
- Assets
- $3.4m
- Revenue
- -$63.1k
- Investments
- $3.3m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 01/2001
- Data as of
- 12/2022
- EIN
- 36-7337220
Organization Overview
Frankel Family Foundation is located in Wilmington, DE. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Frankel 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.
Since 2015, Frankel Family Foundation has awarded 642 individual grants totaling $9,342,278. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leigh Ann Frankel Dir, Pres | 3 | $0 | |
Marya Frankel Dir, Sec | 1 | $0 | |
Matt Frankel Treas, Vp, Dir | 1 | $0 | |
Mimi Frankel Dir | 1 | $0 | |
Peter Frankel Dir | 1 | $0 | |
Jennie Wolfe Dir | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Strategic Philanthropy Ltd | 12/30/21 | $93,460 |
Rmb Capital Management Llc | 12/30/21 | $48,582 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,500 |
| Interest on Savings | $2,050 |
| Dividends & Interest | $82,709 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$153,340 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$63,081 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,964 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,954 |
| Printing and publications | $0 |
| Other expenses | $18,014 |
| Total operating and administrative expenses | $140,149 |
| Contributions, gifts, grants paid | $931,200 |
| Total expenses and disbursements | $1,071,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $105,435 |
| Net Accounts receivable | $3,194 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,383,183 |
| 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, Frankel Family Foundation has awarded $931,200 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION OF ARIZONA PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
ACLU FOUNDATION OF ARIZONA PURPOSE: ADVANCING THE CIVIL RIGHTS, LIBERTIES, AND DIGNITY | $25,000 |
ADOPT-A-NATIVE-ELDER PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
BOOKS AND BREAKFAST PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
BULLETIN OF THE ATOMIC SCIENTISTS PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
CENTER FOR BIOLOGICAL DIVERSITY INC PURPOSE: ENERGY JUSTICE PROGRAM | $50,000 |