J Blair And Tena Frank Foundation
- Assets
- $25.3m
- Revenue
- -$7.6m
- Investments
- $24.3m
- Employees
- 0
- Location
- Portland, ME
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 81-4175987
Organization Overview
J Blair And Tena Frank Foundation is located in Portland, ME. The organization was established in 2017. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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 Blair And Tena 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT MAKING
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $423,212 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,013,302 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$7,590,090 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $9 |
| Taxes | $286,638 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,767 |
| Total operating and administrative expenses | $298,007 |
| Contributions, gifts, grants paid | $2,150,182 |
| Total expenses and disbursements | $2,448,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,005,042 |
| 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 | $24,301,219 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $25,306,261 |
| 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, J Blair And Tena Frank Foundation has awarded $2,150,182 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FIDELITY CHARITABLE FUND PURPOSE: GENERAL SUPPORT | $1,198,782 |
BATES COLLEGE PURPOSE: GENERAL SUPPORT | $906,400 |
BATES COLLEGE PURPOSE: GENERAL SUPPORT | $45,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
J Blair And Tena Frank Foundation Portland, ME | $25,306,261 | -$7,590,090 |
Emanuel & Pauline A Lerner Foundation Portland, ME | $0 | $332,272 |
Partners In Island Education Inc Vinalhaven, ME | $1,266,224 | $277,237 |
Katharine A Heberton Charitable Tr Bedford, NH | $1,871,068 | $278,472 |
Patriarchs Club Harmony, ME | $471,065 | $0 |
Lakes Region Community Services Foundation Laconia, NH | $439,493 | $81,792 |
New Hampshire Troopers Foundation Inc Concord, NH | $137,314 | $0 |
Austin17house Raymond, NH | $44,806 | $0 |
Seed Moon Foundation Portland, ME | $464,931 | $102,653 |
Emerson And Ruth Mccourt Charitable Tr Fbo Nhctc & Keene State Portsmouth, NH | $1,439,903 | $39,311 |
Responsible Recycling Charitable Foundation Rochester, NH | $20,809 | $0 |
Sunny Bunch Family Foundation Inc Cape Elizabeth, ME | $920,964 | $41,610 |