Franklin Square Foundation
- Assets
- $2.0m
- Revenue
- $186.8k
- Investments
- $2.0m
- Employees
- 0
- Location
- Evanston, IL
- Founding
- 04/2003
- Data as of
- 12/2022
- EIN
- 01-0746539
Organization Overview
Franklin Square Foundation is located in Evanston, IL. The organization was established in 2003. 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. Franklin Square 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 12/2022, Franklin Square Foundation generated $186.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $219.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Franklin Square Foundation has awarded 103 individual grants totaling $1,652,359. 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 |
|---|---|---|---|
Jacqueline Quern Director | 0 | $0 | |
Susannah Quern Pratt Director | 0 | $0 | |
Margaret Quern Atkins Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $28,323 |
| Interest on Savings | $98 |
| Dividends & Interest | $47,538 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $110,879 |
| Capital Gain Net Income | $38,267 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $186,838 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $367 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,051 |
| Total operating and administrative expenses | $14,753 |
| Contributions, gifts, grants paid | $204,950 |
| Total expenses and disbursements | $219,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$782 |
| Savings and temporary cash investments | $80,316 |
| 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 | $1,722,847 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,036,228 |
| 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, Franklin Square Foundation has awarded $204,950 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BEACON OF HOPE PURPOSE: SUPPORT HURRICANE IAN RELIEF | $35,000 |
BOOKS & BREAKFAST PURPOSE: 5 YEAR GROWTH PLAN GRANT | $25,000 |
CAASE PURPOSE: PREVENTION EDUCATION PROGRAM | $15,000 |
HEART TO HEART PURPOSE: GRANT - WORK FOR INCARCERATED | $12,000 |
JB MORAN CENTER FOR YOUTH ADVOCACY PURPOSE: SOCAL AND LEGAL WORK GRANT | $17,500 |
MUDLARK THEATRE PURPOSE: YOUTH TRAINING PROGRAM GRANT | $20,000 |