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.
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.
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).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alta V Franks V. Pres. | 0 | $0 | |
Bobby E Jelks President | 0 | $0 | |
Faith N Gilbert Secretary | 0 | $0 |
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 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $2,140 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $264,995 |
Total operating and administrative expenses | $271,190 |
Contributions, gifts, grants paid | $1,273,215 |
Total expenses and disbursements | $1,544,405 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $648,358 |
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 | $23,697,368 |
Net Land, buildings, and equipment | $0 |
Other assets | $1,130,615 |
Total assets | $25,476,341 |
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 |
Over the last fiscal year, The Alta And John Franks Foundation has awarded $1,273,215 in support to 58 organizations.
Grant Recipient | Amount |
---|---|
Shreveport, LA PURPOSE: CHARITABLE SUPPORT | $250,000 |
Shreveport, LA PURPOSE: CHARITABLE SUPPORT | $100,000 |
SHREVEPORT SYMPHONY ORCHESTRA PURPOSE: CHARITABLE SUPPORT | $62,500 |
New York, NY PURPOSE: CHARITABLE SUPPORT | $50,000 |
AMERICAN ENTERPRISE INSTITUTE PURPOSE: CHARITABLE SUPPORT | $50,000 |
New Orleans, LA PURPOSE: CHARITABLE SUPPORT | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Scharbauer Foundation Inc Midland, TX | $271,051,602 | $69,061,413 |
Wildcat Foundation Fort Worth, TX | $836,895 | $18,132,970 |
Eugene Mcdermott Foundation Dallas, TX | $220,528,387 | $97,884,779 |
Henderson-Wessendorff Foundation Richmond, TX | $228,160,288 | $17,605,762 |
Walter E Heller Foundation Dallas, TX | $0 | $637,126 |
Carl & Marilynn Thoma Foundation Dallas, TX | $0 | $929,287 |
Beloved In Christ Foundation Austin, TX | $172,986,617 | $3,113,726 |
The Kathryn H Craig Stephen Dudley Heard And Lillie D Heard Memorial Dallas, TX | $1,384 | -$449,918 |
Hamill Foundation Houston, TX | $203,029,849 | $39,782,936 |
Mays Family Foundation San Antonio, TX | $0 | $19,028,281 |
Robert J Kleberg Jr And Helen C Kleberg Foundation San Antonio, TX | $227,820,176 | $32,756,087 |