Stanley & Dorothy Frank Family Foundation

Analysis

Stanley & Dorothy Frank Family Foundation is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stanley & Dorothy Frank Family Foundation reported income of $1.2m and spending of $1.4m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $23.6m to $1.2m (-95%), an average of -52% a year. The sharpest change came in the year to December 2022, when income dropped by 107%. Over the whole period it spent 15% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Stanley & Dorothy Frank Family Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Take Stock in Children of Manatee County Inc ($1.2m), Burn Institute ($1.2m) and Impact 100 Palm Beach County Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% of the total. At year end it held assets of $35.1m against liabilities of $460k, net assets of $34.6m.