Mary A And Gerald F Franklin Sr Foundation is located in Strongsville, OH. The organization was established in 2009. 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. Mary A And Gerald F Franklin Sr 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 12/2021, Mary A And Gerald F Franklin Sr Foundation generated $14.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $15.3k during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 7 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE FOOTNOTE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gerald P Franklin Trustee | 1 | $0 | |
J Gregory Feczko Trustee | 1 | $0 | |
Patrick Emrich Trustee | 1 | $0 | |
Jonathan F Feczko Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $5,000 |
Interest on Savings | $0 |
Dividends & Interest | $3,242 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $6,569 |
Capital Gain Net Income | $6,569 |
Net ST Capital Gain | $18 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $14,811 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $38 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,431 |
Total operating and administrative expenses | $3,779 |
Contributions, gifts, grants paid | $11,500 |
Total expenses and disbursements | $15,279 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,153 |
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 | $149,886 |
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, Mary A And Gerald F Franklin Sr Foundation has awarded $11,500 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
Cleveland, OH PURPOSE: GENERAL DONATION | $2,500 |
ACHIEVMENT CENTERS FOR CHILDREN - CAMP CHEERFUL PURPOSE: GENERAL DONATION | $2,000 |
Dayton, OH PURPOSE: GENERAL DONATION | $2,000 |
ST VINCENT DE PAUL SOCIETY PURPOSE: GENERAL DONATION | $1,500 |
PADUA FRANCISCAN HIGH SCHOOL PURPOSE: GENERAL DONATION | $1,250 |
Cleveland, OH PURPOSE: GENERAL DONATION | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
The Steve & Amy Van Andel Foundation Grand Rapids, MI | $111,040,892 | $8,504,096 |
Linlundh Foundation Huntingdon Valley, PA | $26,974,319 | $5,576,892 |
Hamilton Family Charitable Trust Wayne, PA | $141,914,105 | $43,786,350 |
Deborah Joy Simon Foundation Carmel, IN | $67,791,546 | $8,858,983 |
Hillier Family Foundation Akron, OH | $0 | $3,603,112 |
Daniel B And Florence E Green Foundation Conshohocken, PA | $179,390,509 | $18,946,870 |
Wing Shadow Foundation Ada, MI | $89,908,464 | $23,772,931 |
Seed The Dream Foundation Gladwyne, PA | $47,208,358 | $1,088,502 |
Hazel Ruby Mcquain Charitable Tr Morgantown, WV | $103,286,088 | $9,092,496 |
Scripps-Howard Foundation Cincinnati, OH | $57,417,924 | $12,029,094 |
Albert J Weatherhead Estate Trust Uw Item Iv National City Bk Of Cle Mayfield Heights, OH | $171,110,624 | $12,657,241 |