The Alta And John Franks Foundation

Organization Overview

The Alta And John Franks Foundation is located in Shreveport, LA. The organization was established in 1978. 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. Alta And John Franks 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, Alta And John Franks Foundation generated $6.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 69.8% each year . All expenses for the organization totaled $1.9m during the year ending 12/2022. While expenses have increased by 1.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Alta And John Franks Foundation has awarded 177 individual grants totaling $4,229,353. 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)Compensation
Bobby E Jelks
President
$74,000
Faith N Gilbert
Secretary
$63,000
Cindy B Riley
Controller
$50,000
Diane F Marlowe
Assistant Secretary
$38,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $5,973,934
Interest on Savings $0
Dividends & Interest $775,780
Net Rental Income$0
Net Gain on Sale of Assets $17
Capital Gain Net Income $17
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $89,579
Total Revenue $6,839,310

Grants Awarded

Over the last fiscal year, The Alta And John Franks Foundation has awarded $1,545,048 in support to 56 organizations.

Grant RecipientAmount

AMERICAN ENTERPRISE INSTITUTE

PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORG

$50,000

BENTON UNITED METHODIST CHURCH

PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORG

$250

CADDO LAKE INSTITUTE

PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORG

$25,000

CATO INSTITUTE

PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORG

$25,000

COHABITAT FOUNDATION

PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORG

$20,000

BUTLER STREET CHURCH OF CHRIST

PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORG

$500
View Grant Profile

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