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Filing year 2023

FRANKE FAMILY CHARITABLE FOUNDATION

Chicago, Illinois·EIN 36-3662848·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$11.6M
Total assets
$58M
Total expenses
$4.2M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2023. FRANKE FAMILY CHARITABLE FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$4.4M

Itemized grants

20

Median grant

$38k

RecipientLocationPurposeAmount
COMMUNITY FUNDS INCNEW YORK, NYKATHERINE FRANKE DAF$1M
FIDELITY CHARTABLECOVINGTON, KYSHEPHERD FUND (JANE FRANKE DAF)$1M
YALE UNIVERSITYNEW HAVEN, CTFRANKE DRAMATIC ARTS BUILDING$1M
UNIVERSITY OF CHICAGOCHICAGO, ILCOURT THEATRE FUND$400k
THE COLORADO COLLEGECOLORADO SPRINGS, COGENERAL OPERATIONS$333k
THE CONNECTICUT PLAYERS FOUNDATIONNEW HAVEN, CTGENERAL OPERATIONS$210k
CHICAGO HUMANITIES FESTIVALCHICAGO, ILGENERAL OPERATIONS$100k
ART INSTITUTE OF CHICAGOCHICAGO, ILSUSTAINING FELLOWS$50k
NORTHWESTERN UNIVERSITYEVANSTON, ILFRANKE FAMILY FELLOWS$50k
YALE UNIVERSITY LIBRARY COUNCILNEW HAVEN, CTGENERAL OPERATIONS$50k
ARIZONA MUSICFESTSCOTTSDALE, AZGENERAL OPERATIONS$25k
INTEGRATED REFUGEE & IMMIGRANT SERVICESNEW HAVEN, CTGENERAL OPERATIONS$25k
MAYO CLINICROCHESTER, MNPALLIATIVE CARE$25k
UNIVERSITY OF CHICAGOCHICAGO, ILHUMANITIES ADVISORY COUNCIL FUND$25k
YALE ART GALLERYNEW HAVEN, CTGENERAL OPERATIONS$25k
ART INSTITUTE OF CHICAGOCHICAGO, ILTEXTILE DEPARTMENT$20k
ELM CITY CONSORT INCNEW HAVEN, CTGENERAL OPERATIONS$5k
LEAPNEW HAVEN, CTGENERAL OPERATIONS$5k
INTERNATIONAL FESTIVAL OF ARTS & IDEASNEW HAVEN, CTGENERAL OPERATIONS$2k
UNIVERSITY OF CHICAGOCHICAGO, ILWOMEN'S BOARD$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

FRANKE FAMILY CHARITABLE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$14.6M
$4.2M
2022
$11.6M
$4.2M
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Illinois

FRANKE FAMILY CHARITABLE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Illinois earns a median of $20,738.

25th percentile
$7k
Median
$20,738
75th percentile
$60k
90th percentile
$148k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 2,342 organizations across 2,342 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Illinois
FAQ

Common questions about FRANKE FAMILY CHARITABLE FOUNDATION

What are FRANKE FAMILY CHARITABLE FOUNDATION's revenue and expenses?

In 2023, FRANKE FAMILY CHARITABLE FOUNDATION reported $11.6M in total revenue and $4.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.