Franklin Family Foundation
- Assets
- $318.4k
- Revenue
- $302.0
- Investments
- $39.2k
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 01/2000
- Data as of
- 12/2022
- EIN
- 74-2921587
Organization Overview
Franklin Family Foundation is located in San Antonio, TX. The organization was established in 2000. 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. Franklin 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 12/2022, Franklin Family Foundation generated $302.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (52.1%) each year. All expenses for the organization totaled $91.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Franklin Family Foundation has awarded 16 individual grants totaling $182,580. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SECOND MILE PROGRAM PROVIDES A SAFE, FAITH-BASED ENVIRONMENT FOR THE YOUNG PEOPLE OF BLANCO COUNTY. RECREATION FACILITIES, LIMITED FOOD SERVICE, AND A YOUNG LIFE PROGRAM ARE ITS PRIMARY COMPONENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry D Franklin President/director/treasur | 2 | $0 | |
Charlotte A Franklin Vice President/secretary/d | 2 | $0 | |
Kelly Hardwick Director | 1 | $0 | |
Kristi Borchardt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $373 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$71 |
| Other Income | $0 |
| Total Revenue | $302 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $42,400 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,317 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,401 |
| Total operating and administrative expenses | $61,853 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $91,853 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $279,164 |
| 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 | $32 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $318,442 |
| Accounts payable and accrued expenses | $26 |
| 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 | $26 |
Grants Awarded
Over the last fiscal year, Franklin Family Foundation has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
USO-MIDWEST REGION PURPOSE: TROOP SUPPORT | $25,000 |
YOUNG LIFE PURPOSE: YOUTH MINISTRY | $5,000 |