The Samuel And Jean Frankel Health And Research Foundation
- Assets
- $20.0m
- Revenue
- $819.7k
- Investments
- $19.0m
- Employees
- 0
- Location
- Bloomfield Hills, MI
- Founding
- 08/2002
- Data as of
- 12/2022
- EIN
- 30-0095044
Organization Overview
The Samuel And Jean Frankel Health And Research Foundation is located in Bloomfield Hills, MI. The organization was established in 2002. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Samuel And Jean Frankel Health And Research 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, Samuel And Jean Frankel Health And Research Foundation generated $819.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Samuel And Jean Frankel Health And Research Foundation has awarded 182 individual grants totaling $9,590,000. 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) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Frankel President And Trustee | 2 | $0 | |
Jo Elyn Nyman Vice President, Treasurer, | 4 | $0 | |
George Nyman Secretary And Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $130,520 |
| Dividends & Interest | $644,446 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $44,754 |
| Capital Gain Net Income | $44,754 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $819,720 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,649 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,342 |
| Total operating and administrative expenses | $69,893 |
| Contributions, gifts, grants paid | $1,036,000 |
| Total expenses and disbursements | $1,105,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,391 |
| Savings and temporary cash investments | $962,915 |
| 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 | $11,576,338 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $58,176 |
| Total assets | $20,019,630 |
| 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, The Samuel And Jean Frankel Health And Research Foundation has awarded $1,036,000 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
AFMDA PURPOSE: NATIONAL AMBULANCE, BLOOD-SERVICE AND DISASTER-RELIEF ORGANIZATION | $25,000 |
ALZHEIMERS DISEASE RESEARCH PURPOSE: ALZHEIMERS RESEARCH | $5,000 |
AMERICAN DIABETES ASSOCIATION PURPOSE: MEDICAL RESEARCH | $50,000 |
AMERICAN LUNG ASSOCIATION PURPOSE: CANCER RESEARCH | $5,000 |
BEAR HUG FOUNDATION PURPOSE: OUTDOOR EDUCATIONAL AND RECREATIONAL ACTIVITIES FOR FOSTER CHILDREN | $35,000 |
CARE HOUSE OF OAKLAND COUNTY PURPOSE: ASSISTANCE FOR ABUSED AND NEGLECTED CHILDREN | $100,000 |