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FRANKE FAMILY CHARITABLE FOUNDATION

CHICAGO, IL 363662848

The Franke Family Charitable Foundation in Chicago supports arts, culture, and education initiatives across several U.S. cities and states, with assets of $53.7 million and managed by trustees Barbara, Jane, and Katherine Franke.

Overview

About FRANKE FAMILY CHARITABLE FOUNDATION

The Franke Family Charitable Foundation, based in Chicago, Illinois, is a philanthropic organization with assets totaling approximately $53.7 million. The foundation's annual expenses are around $4.2 million, and it generates a revenue of about $14.6 million. The foundation focuses on supporting initiatives in arts and culture, including arts services, arts education, performing arts, museums, and art museums, as well as humanities and education, particularly higher education. It provides funding to various cities across the United States, including Boston, Chicago, New York, and Washington, among others, and operates in states such as Arizona, Colorado, Connecticut, and Illinois. The foundation is managed by trustees Barbara E. Franke, Jane S. Franke, and Katherine M. Franke, who each dedicate 5 hours per week to their roles without compensation.

Focus Areas

Arts and cultureArts servicesArts educationPerforming artsMuseumsArt museumsHumanitiesEducationHigher education- Less

Geographic Focus

AZCOCTDCILKYMAMINYPA
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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $53.7M
Total Awarded This Year $4.2M
Average Grant Size $191K
Total Grants (Previous Year) 6,556
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
CHICAGO, IL US
Geographic Funding Distribution

Financials

Total Assets
$53,723,676

in 2024, compared to $52,963,266 in 2023

Annual Grants
$4,207,583

22 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$1,000,000COMMUNITY FUNDS INCGENERAL OPERATIONS909 3RD AVENUE NEW YORK, NY US2024
$1,000,000FIDELITY CHARTABLESHEPHERD FUND (JANE FRANKE DAF)100 CROSBY PARKWAY COVINGTON, KY US2024
$1,000,000NORTH SHORE COUNTRY DAY SCHOOLGENERAL OPERATIONS310 GREEN BAY ROAD WINNETKA, IL US2024
$466,000COMMUNITY FUNDS INCGENERAL OPERATIONS909 3RD AVENUE NEW YORK, NY US2023
$400,000INTEGRATED REFUGEE & IMMIGRANT SERVICESGENERAL OPERATIONS235 NICOLL STREET 2ND FLOOR NEW HAVEN, CT US2023
$400,000UNIVERSITY OF CHICAGOGENERAL OPERATIONS5801 S ELLIS AVENUE SUITE 1 CHICAGO, IL US2023
$333,333THE COLORADO COLLEGEPRESIDENT'S DISCRETIONARY FUND14 E CACHE LA POUDRE COLORADO SPRINGS, CO US2023
$333,333THE COLORADO COLLEGEGENERAL OPERATIONS14 E CACHE LA POUDRE COLORADO SPRINGS, CO US2024
$310,000NEW YORK COMMUNITY TRUSTWESTCHESTER COMMUNITY FOUNDATION FUNDS - JANE FRANKE FUND (2008)909 THIRD AVENUE 22ND FLOOR NEW YORK, NY US2022
$275,000NEW YORK COMMUNITY TRUSTWESTCHESTER COMMUNITY FOUNDATION FUNDS - JANE FRANKE FUND (2008)909 THIRD AVENUE 22ND FLOOR NEW YORK, NY US2023
82 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
RJF
RICHARD J FRANKE
TRUSTEE (DECEASED 04.15.2022)$02022
BEF
BARBARA E FRANKE
TRUSTEE$02022
JSF
JANE S FRANKE
TRUSTEE$02022
KMF
KATHERINE M FRANKE
TRUSTEE$02022
BEF
BARBARA E FRANKE
TRUSTEE$02023
JSF
JANE S FRANKE
TRUSTEE$02023
KMF
KATHERINE M FRANKE
TRUSTEE$02023
RJF
RICHARD J FRANKE
TRUSTEE (DECEASED 04.15.2022)$02023
BEF
BARBARA E FRANKE
TRUSTEE$02024
JSF
JANE S FRANKE
TRUSTEE$02024
11 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on December 15, 2024