Stanley & Dorothy Frank Family Foundation

Organization Overview

Stanley & Dorothy Frank Family Foundation is located in Greensboro, NC. The organization was established in 1999. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Stanley & Dorothy Frank Family 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, Stanley & Dorothy Frank Family Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.3% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 33.1% 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.

Since 2015, Stanley & Dorothy Frank Family Foundation has awarded 72 individual grants totaling $1,810,759. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT THE COMMUNITY FOUNDATION OF GREATER GREENSBORO IN STRENGTHENING OUR LOCAL COMMUNITIES

Describe the Organization's Program Activity:

GRANTS WERE MADE FOR THE BETTERMENT OF GREENSBORO, NORTH CAROLINA, AND THE SURROUNDING AREA.


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Board, Officers & Key Employees

Name (title)Compensation
H Walker Sanders
Director
$0
Carole Simms
Secretary
$0
Barry S Frank
President
$0
Karl Anderson
Director
$0
Charles Reid
Director
$0
Jackie Wieland
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Piedmont Trust
Investment Mgmt.
$128,669
Cfgg
Management
$107,124
Fidelity Investments
Investment Mgmt.
$104,124
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$927,395
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$927,395
Total Program Service Revenue$0
Investment income $214,476
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,003,989
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,145,860

Grants Awarded

Over the last fiscal year, Stanley & Dorothy Frank Family Foundation has awarded $937,460 in support to 21 organizations.

Grant RecipientAmount

THE NUSSBAUM CENTER FOR ENTREPRENEURSHIP INC

Org PageRecipient Profile

Greensboro, NC

PURPOSE: GENERAL SUPPORT

$310,000

APPALACHIAN STATE UNIVERSITY - ADVANCEMENT

PURPOSE: GENERAL SUPPORT

$112,130

ADULT CENTER FOR ENRICHMENT INC

Org PageRecipient Profile

Greensboro, NC

PURPOSE: GENERAL SUPPORT

$100,000

Greensboro, NC

PURPOSE: GENERAL SUPPORT

$66,243

TEMPLE EMANUEL

PURPOSE: GENERAL SUPPORT

$66,075

WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE

Org PageRecipient Profile

Winstonsalem, NC

PURPOSE: GENERAL SUPPORT

$44,162
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Stanley & Dorothy Frank Family Foundation has recieved totaling $1,487,312.

Awarding OrganizationAmount
Community Foundation Of Greater Greensboro Inc

Greensboro, NC

PURPOSE: DONOR ADVISED FUND GIFT TO FRANK FOUNDATION

$1,487,312
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$32,150,392
Earnings$3,667,121
Admin Expense$93,192
Grants$460,417
Ending Balance$35,263,904

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