Frankenberg Family Foundation Inc
- Assets
- $1.5m
- Revenue
- $600.4k
- Investments
- $503.0k
- Employees
- 0
- Location
- Provo, UT
- Founding
- 12/2011
- Data as of
- 12/2022
- EIN
- 45-3366621
Organization Overview
Frankenberg Family Foundation Inc is located in Provo, UT. The organization was established in 2011. 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. Frankenberg Family Foundation Inc 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, Frankenberg Family Foundation Inc generated $600.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $104.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Frankenberg Family Foundation Inc has awarded 18 individual grants totaling $427,629. 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 |
|---|---|---|---|
Robert J Frankenberg President | 0 | $0 | |
Linda L Frankenberg Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $73,331 |
| Interest on Savings | $1,522 |
| Dividends & Interest | $4,685 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $520,905 |
| Capital Gain Net Income | $520,905 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $600,443 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $1,780 |
| Contributions, gifts, grants paid | $102,500 |
| Total expenses and disbursements | $104,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $969,118 |
| 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 | $1,472,132 |
| 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 | $1 |
| Total liabilities | $1 |
Grants Awarded
Over the last fiscal year, Frankenberg Family Foundation Inc has awarded $100,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
NAPA VALLEY FOOD BANK PURPOSE: TO SUPPORT EFFORTS TO FEED AT RISK PEOPLE IN THE NAPA VALLEY | $20,000 |
FOOD BANK OF CONTRA COSTA AND SOLANO PURPOSE: TO SUPPORT EFFORTS TO FEED AT RISK PEOPLE IN CONTRA COSTA AND SOLANO COUNTIES | $20,000 |
SUTTER BAY HOSPITALS FOUNDATION PURPOSE: TO PROVIDE STAFF MEALS FROM LOCAL FAMILY RESTAURANTS IN THE ANTIOCH AREA | $10,000 |
SECOND HARVEST FOOD BANK SANTA CRUZ CO PURPOSE: TO SUPPORT EFFORTS TO FEED AT RISK PEOPLE IN SANTA CRUZ COUNTY | $10,000 |
ACCMA PURPOSE: TO SUPPORT VIRTUAL SMALL GROUP COUNSELING SESSION AND CONVENER DEVELOPMENT TO PEER-PEER SUPPORT, PROGRAMS THAT OFFER PHYSICIANS FREE MENTAL HEALTH COUNSELING | $10,000 |
SSVMS PURPOSE: TO SUPPORT THE JOY OF MEDICINE PROGRAM THAT OFFERS PHYSICIANS FREE MENTAL HEALTH COUNSELING | $10,000 |