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Filing year 2024

THE ALTA AND JOHN FRANKS FOUNDATION

Shreveport, Louisiana·EIN 23-7422163·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$150.1M
Total assets
$220.4M
Total expenses
$9.7M
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

President/ Director
Board President
Above 90th percentile
$260k
$276k
Secretary/ Director
Unclassified
$130k
$138k
Assistant Secretary/ Director
Unclassified
$80k
$85k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE ALTA AND JOHN FRANKS FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
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

$8.7M

Itemized grants

70

Median grant

$50k

RecipientLocationPurposeAmount
ALZHEIMER'S DRUG DISCOVERY FOUNDATIONNEW YORK, NYUNRESTRICTED GIFT TO 501(C)(3) ORG$1M
THE NATIONAL WORLD WAR II MUSEUMNEW ORLEANS, LAUNRESTRICTED GIFT TO 501(C)(3) ORG$525k
AMERICAN ENTERPRISE INSTITUTEWASHINGTON, DCUNRESTRICTED GIFT TO 501(C)(3) ORG$500k
MANHATTAN INSTITUTE FOR POLICY RESEARCHNEW YORK, NYUNRESTRICTED GIFT TO 501(C)(3) ORG$500k
NORTH LOUISIANA ECONOMIC PARTNERSHIPSHREVEPORT, LAUNRESTRICTED GIFT TO 501(C)(3) ORG$500k
PUBLIC INTEREST LEGAL FOUNDATIONALEXANDRIA, VAUNRESTRICTED GIFT TO 501(C)(3) ORG$500k
STATE POLICY NETWORKARLINGTON, VAUNRESTRICTED GIFT TO 501(C)(3) ORG$500k
THE HERITAGE FOUNDATIONWASHINGTON, DCUNRESTRICTED GIFT TO 501(C)(3) ORG$500k
FRANKLIN NEWS FOUNDATIONCHICAGO, ILUNRESTRICTED GIFT TO 501(C)(3) ORG$363k
GREATER SHREVEPORT CHAMBER FOUNDATIONSHREVEPORT, LAUNRESTRICTED GIFT TO 501(C)(3) ORG$257k
FOUNDATION FOR DEFENSE OF DEMOCRACIESWASHINGTON, DCUNRESTRICTED GIFT TO 501(C)(3) ORG$250k
NEW CIVIL LIBERTIES ALLIANCEARLINGTON, VAUNRESTRICTED GIFT TO 501(C)(3) ORG$250k
SHREVEPORT GREENSHREVEPORT, LAUNRESTRICTED GIFT TO 501(C)(3) ORG$172k
FIRST PRESBYTERIAN CHURCH OF SHREVEPORTSHREVEPORT, LAUNRESTRICTED GIFT TO 501(C)(3) ORG$150k
PELICAN INSTITUTE FOR PUBLIC POLICYNEW ORLEANS, LAUNRESTRICTED GIFT TO 501(C)(3) ORG$150k
VOLUNTEERS FOR YOUTH JUSTICESHREVEPORT, LAUNRESTRICTED GIFT TO 501(C)(3) ORG$150k
DOWNTOWN SHREVEPORT UNLIMITEDSHREVEPORT, LAUNRESTRICTED GIFT TO 501(C)(3) ORG$148k
SHREVEPORT SCOTTISH RITE FOUNDATION INCSHREVEPORT, LAUNRESTRICTED GIFT TO 501(C)(3) ORG$132k
SHREVEPORT SYMPHONY ORCHESTRASHREVEPORT, LAUNRESTRICTED GIFT TO 501(C)(3) ORG$132k
RED RIVER STEM INCSHREVEPORT, LAUNRESTRICTED GIFT TO 501(C)(3) ORG$115k
LA TRUST FOR HISTORIC PRESERVATIONBATON ROUGE, LAUNRESTRICTED GIFT TO 501(C)(3) ORG$109k
AMERICAN ROSE SOCIETYSHREVEPORT, LAUNRESTRICTED GIFT TO 501(C)(3) ORG$100k
CATO INSTITUTEWASHINGTON, DCUNRESTRICTED GIFT TO 501(C)(3) ORG$100k
GREAT RESULTS EQUINE ASSISTED THERAPIESSHREVEPORT, LAUNRESTRICTED GIFT TO 501(C)(3) ORG$100k
INSTITUTE FOR JUSTICEARLINGTON, VAUNRESTRICTED GIFT TO 501(C)(3) ORG$100k
Compare this foundation's grantees

Up 65%
from 2023

From $158k in 2023 to $260k in 2024.

$158k
2023
$260k
2024
In today's dollarsEst.
Up 60% in real terms$173k to $276k

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.

Pay for the position

Board President pay rose 65% from 2023 to 2024, while revenue rose 186%.

$158k in 2023 to $260k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 ($150M - $1B), 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 THE ALTA AND JOHN FRANKS FOUNDATION

What does the Board President of THE ALTA AND JOHN FRANKS FOUNDATION earn?

In 2024, the Board President of THE ALTA AND JOHN FRANKS FOUNDATION received $260,000 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at THE ALTA AND JOHN FRANKS FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board President at THE ALTA AND JOHN FRANKS FOUNDATION falls in the top 10%. In 2024, the highest total compensation at THE ALTA AND JOHN FRANKS FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE ALTA AND JOHN FRANKS FOUNDATION's revenue and expenses?

In 2024, THE ALTA AND JOHN FRANKS FOUNDATION reported $150.1M in total revenue and $9.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.