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Filing year 2024

MYER & LOIS FRANKLIN CHARITABLE TR

Jackson, Michigan·EIN 38-2715461·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$405k
Total assets
$6M
Total expenses
$348k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. MYER & LOIS FRANKLIN CHARITABLE TR reported 5 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee
Trustee
Trustee

Grants paid

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

Total granted

$300k

Itemized grants

44

Median grant

$3k

RecipientLocationPurposeAmount
UNIVERSITY OF MICHIGANANN ARBOR, MISCHOLARSHIPS$47k
MICHIGAN STATE UNIVERSITYE LANSING, MISCHOLARSHIPS$41k
GRAND VALLEY STATE UNIVERSITYALLENDALE TWP, MISCHOLARSHIPS$40k
JACKSON COMMUNITY FOUNDATIONJACKSON, MIADMINISTOR SCHOLARSHIPS$25k
JACKSON COLLEGEJACKSON, MISCHOLARSHIPS$18k
CENTRAL MICHIGAN UNIVERSITYMT PLEASANT, MISCHOLARSHIPS$14k
MICHIAN TECHNOLOGICAL UNIVERSITYHOUGHTON, MISCHOLARSHIPS$13k
WESTERN MICHIGAN UNIVERSITSYKALAMAZOO, MISCHOLARSHIPS$11k
SPRING ARBOR UNIVERSITYSPRING ARBOR, MISCHOLARSHIPS$11k
SAGINAW VALLEY STATE UNIVERSITYUNIVERSITY CENTER, MISCHOLARSHIP$7k
FERRIS STATE UNIVERSITYBIG RAPIDS, MISCHOLARSHIPS$6k
ADRIAN COLLEGEADRIAN, MISCHOLARSHIP$6k
KETTERING UNIVERSITYFLINT, MISCHOLARSHIP$4k
CALVIN UNIVERSITYGRAND RAPIDS, MISCHOLARSHIP$4k
ALBION COLLEGEALBION, MISCHOLARSHIP$4k
INDIANA UNIVERSITYBLOOMINGTON, INSCHOLARSHIP$3k
INDIANA WESLEY UNIVERSITYMARION, INSCHOLARSHIP$3k
KALAMAZOO COLLEGEKALAMAZOO, MISCHOLARSHIP$3k
ALMA COLLEGEALMA, MISCHOLARSHIP$3k
GEORGE MASON UNIVERSIYFAIRFAX, VASCHOLARSHIP$3k
UNIVERSITY OF NOTRE DAMENOTRE DAME, INSCHOLARSHIP$3k
EASTERN MICHIGAN UNIVERSITYYPSILANTI, MISCHOLARSHIPS$3k
PURDUE UNIVERSITYWEST LAFAYETTE, INSCHOLARASHIP$3k
BELMONT ABBEY COLLEGEBELMONT, NCSCHOLARSHIP$3k
COLUMBIA COLLGECHICAGO, ILSCHOLARSHIP$2k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

MYER & LOIS FRANKLIN CHARITABLE TR reported revenue and expenses across 2 filing years.

RevenueExpenses
$27k
$377k
2023
$405k
$348k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

MYER & LOIS FRANKLIN CHARITABLE TR reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Michigan earns a median of $25,000.

25th percentile
$7k
Median
$25,000
75th percentile
$65k
90th percentile
$147k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 732 organizations across 732 filings (2021 – 2024).

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

Common questions about MYER & LOIS FRANKLIN CHARITABLE TR

What are MYER & LOIS FRANKLIN CHARITABLE TR's revenue and expenses?

In 2024, MYER & LOIS FRANKLIN CHARITABLE TR reported $405k in total revenue and $348k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.