Frankfort Family Foundation
- Assets
- $2.9m
- Revenue
- $3.3m
- Investments
- $2.8m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 12/2003
- Data as of
- 12/2023
- EIN
- 20-0383031
Organization Overview
Frankfort Family Foundation is located in Seattle, WA. The organization was established in 2003. 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. Frankfort 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.
For the year ending 12/2023, Frankfort Family Foundation generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lewis Frankfort Trustee | 0 | $0 | |
Roberta Frankfort Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,239,250 |
| Interest on Savings | $0 |
| Dividends & Interest | $142,466 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $943,228 |
| Capital Gain Net Income | $943,228 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,324,944 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,036 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $121 |
| Total operating and administrative expenses | $28,198 |
| Contributions, gifts, grants paid | $1,034,056 |
| Total expenses and disbursements | $1,062,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $46,961 |
| 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 | $2,851,828 |
| 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, Frankfort Family Foundation has awarded $2,018,065 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE SCHEDULE 1 ATTACHED (CASH GRANTS) PURPOSE: CHARITABLE | $164,700 |
SEE SCHEDULE 2 ATTACHED (NONCASH GRANTS) PURPOSE: CHARITABLE | $1,853,365 |