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Filing year 2024

FRANKLIN FAMILY FOUNDATION

Virginia Beach, Virginia·EIN 82-3747619·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$125k
Total assets
$3k
Total expenses
$129k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Director
Unclassified
$10k
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FRANKLIN FAMILY FOUNDATION equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
8%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$118k

Itemized grants

6

Median grant

$13k

RecipientLocationPurposeAmount
NORFOLK COLLEGIATE SCHOOLNORFOLK, VATO EDUCATE A DIVERSE BODY OF STUDENTS TO THRIVE IN A COLLEGE SETTING AND BEYOND$50k
ODUNORFOLK, VATO PRIVIDE FUNDS TO ODU$40k
CHESAPEAKE BAY WINE CLASSIC FOUNDATIONVIRGINIA BEACH, VATO PROVIDE FUNDS TO ORGANIZATIONS DEDICATED TO THE SUPPORT AND ADVANCED EDUCATION OF OUR YOUTH; TO PROMOTE VITICULTURE AND OENOLOGY IN HAMPTON ROADS; TO PROMOTE MEDICAL RESEARCH$15k
VIRGINIA WESLEYAN UNIVERSITYVIRGINIA BEACH, VATO SUPPORT THE FANN AND BILLY GREER ENDOWED SCHOLARSHIP.$10k
TEENS WITH A PURPOSENORFOLK, VATO EMPOWER TEENS AND YOUNG ADULTS TO TAKE CHARGE OF THEIR LIVES THROUGH PEER-LED PROGRAMS AND EVENTS. SPREAD A MESSAGE OF PRIDE, PROTECTION, AND UPWARD MOBILITY, THROUGHOUT THE YOUTH POPULATION USING THE ARTS AND PEER EDUCATION TO HEAL AND HELP DEVELOP YOUNG PEOPLE. EMPHASIZE AN EDUCATION AND PREVENT MESSAGE TO RAISE AWARENESS AND PREVENT THE SPREAD OF SEXUALLY TRANSMITTED DISEASES. PROVIDE A NONJUDGMENTAL, SAFE, ENVIRONMENT FOR SELF EXPRESSION FOR ALL TEENS.$2k
EMILY GREEN SHORES ASSISTED LIVINGPORTSMOUTH, VATHE ORGANIZATION OPERATES AN ASSISTED LIVING RESIDENCE FOR THE AGED IN PORTSMOUTH, VA.$1k
Compare this foundation's grantees

Down 52%
from 2023

From $21k in 2023 to $10k in 2024.

$21k
2023
$10k
2024
In today's dollarsEst.
Down 54% in real terms$23k to $11k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FRANKLIN FAMILY FOUNDATION

What are FRANKLIN FAMILY FOUNDATION's revenue and expenses?

In 2024, FRANKLIN FAMILY FOUNDATION reported $125k in total revenue and $129k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.