The Alta And John Franks Foundation

The information for The Alta And John Franks Foundation is as of the organization's most recent filing in December '21. This organization is located in Shreveport, LA. It has been in existence for 43 years, following its founding in 1978.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Alta And John Franks Foundation's NTEE code is T20. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "20" tells us that the organization is a Private Grantmaking Foundation. The NTEE describes Private Grantmaking Foundations as nongovernmental, nonprofit organizations with funds and programs managed by trustees or directors established to maintain charitable activities serving the common welfare, primarily through grantmaking. Additionally, the organization is classified as a 501(c)(3) organization, meaning it is engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work according to the Internal Revenue Code.

Grant History

Our dataset includes two years of grant history for The Alta And John Franks Foundation. In these two years, they have awarded a total of 184 grants, with an average check size of $22,258. The foundation awards grants in various sectors, with the most grants awarded in the Arts, Culture & Humanities sector (15), followed by Community Improvement & Capacity Building (14) and Environment (13). In terms of geographic distribution, the foundation has awarded the majority of its grants in Louisiana (130), followed by the District of Columbia (22), Texas (3), Illinois (4), Virginia (12), Connecticut (3), New York (3), Maryland (2), Indiana (2), North Carolina (2), and Tennessee (1).

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,134,445
Interest on Savings $0
Dividends & Interest $570,805
Net Rental Income$0
Net Gain on Sale of Assets $18,897
Capital Gain Net Income $18,897
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $5,715,482
Total Revenue $7,439,629

Grants Awarded

Over the last fiscal year, The Alta And John Franks Foundation has awarded $1,273,215 in support to 58 organizations.

Grant RecipientAmount

AMERICAN ROSE SOCIETY

Org PageRecipient Profile

Shreveport, LA

PURPOSE: CHARITABLE SUPPORT

$250,000

NORTH LOUISIANA ECONOMIC PARTNERSHIP

Org PageRecipient Profile

Shreveport, LA

PURPOSE: CHARITABLE SUPPORT

$100,000

SHREVEPORT SYMPHONY ORCHESTRA

PURPOSE: CHARITABLE SUPPORT

$62,500

MANHATTAN INSTITUTE FOR POLICY RESEARCH

Org PageRecipient Profile

New York, NY

PURPOSE: CHARITABLE SUPPORT

$50,000

AMERICAN ENTERPRISE INSTITUTE

PURPOSE: CHARITABLE SUPPORT

$50,000

PELICAN INSTITUTE FOR PUBLIC POLICY

Org PageRecipient Profile

New Orleans, LA

PURPOSE: CHARITABLE SUPPORT

$50,000
View Grant Profile

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