Julie And Martin Franklin Charitable Foundation Inc
- Assets
- $0.0
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- Data as of
- 10/2017
- EIN
- 13-3800643
Organization Overview
Julie And Martin Franklin Charitable Foundation Inc is located in Miami Beach, FL.
For the year ending 10/2017, Julie And Martin Franklin Charitable Foundation Inc generated $5.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (52.0%) each year. All expenses for the organization totaled $6.7m during the year ending 10/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin E Franklin President/treasurer | 1 | $0 | |
Julie Franklin Vice President/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $512,563 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,307,867 |
| Capital Gain Net Income | $10,646,990 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,820,430 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $339,825 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $68,602 |
| Total operating and administrative expenses | $446,428 |
| Contributions, gifts, grants paid | $6,259,970 |
| Total expenses and disbursements | $6,706,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, Julie And Martin Franklin Charitable Foundation Inc has awarded $6,259,970 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
Miami Beach, FL PURPOSE: GENERAL CHARITABLE | $3,729,750 |
Philadelphia, PA PURPOSE: GENERAL CHARITABLE | $1,260,000 |
AMERICAN FRIENDS OF OR NATIONAL MISSIONS PURPOSE: GENERAL CHARITABLE | $550,000 |
CHALLENGED ATHLETES FOUNDATION PURPOSE: GENERAL CHARITABLE | $210,000 |
JUMBY BAY ISLAND FUND PURPOSE: GENERAL CHARITABLE | $75,320 |
CENTER FOR ENTREPENEURIAL JEWSISH FOUNDATION PURPOSE: GENERAL CHARITABLE | $70,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
Affinity Health Center Rock Hill, SC | $21,220,850 | $20,654,145 |
Senior Total Life Care Gastonia, NC | $7,534,285 | $22,491,131 |
Latin Academy Of Recording Arts & Sciences Inc Miami, FL | $39,115,078 | $23,723,068 |
Rush Care Inc Meridian, MS | $36,015,536 | $16,929,322 |
Duke Integrated Network Inc Durham, NC | $2,381,377 | $12,476,427 |
National Save The Sea Turtle Foundation Inc Fort Lauderdale, FL | $31,698,060 | $38,580,626 |
Sunrise 2000 Inc Miami, FL | $2,498,890 | $23,255,068 |
Coahoma Electric Power Assn Lyon, MS | $50,480,063 | $20,605,799 |
Montgomery Community Action Committee Montgomery, AL | $13,253,001 | $19,355,950 |