Frankel Family Charitable Trust
- Assets
- $4.3m
- Revenue
- $129.1k
- Investments
- $4.2m
- Employees
- 0
- Location
- Blue Ash, OH
- Founding
- 12/2001
- Data as of
- 12/2022
- EIN
- 36-7347911
Organization Overview
Frankel Family Charitable Trust is located in Blue Ash, OH. The organization was established in 2001. 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. Frankel Family Charitable Trust 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, Frankel Family Charitable Trust generated $129.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $439.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Frankel Family Charitable Trust has awarded 292 individual grants totaling $1,058,113. 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 |
|---|---|---|---|
Micah P Frankel Trustee | 1 | $0 | |
Richard M Frankel Trustee | 1 | $0 | |
Steven H Frankel Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $132,966 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,896 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $129,070 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,616 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $20,616 |
| Contributions, gifts, grants paid | $418,700 |
| Total expenses and disbursements | $439,316 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,234 |
| 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 | $2,000 |
| Total assets | $4,281,934 |
| 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, Frankel Family Charitable Trust has awarded $418,700 in support to 70 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN COUNCIL OF TRUSTEES AND ALUMNI (ACTA) PURPOSE: GENERAL | $10,000 |
AMERICAN ENTERPRISE INSTITUTE PURPOSE: GENERAL | $5,000 |
AMERICAN MOMENT INC PURPOSE: GENERAL | $2,000 |
ASHBROOK CENTER PURPOSE: GENERAL | $10,000 |
CAMERA PURPOSE: GENERAL | $10,000 |
B'NAI BRITH INTERNATIONAL PURPOSE: GENERAL | $1,000 |