Rafranco Foundation
Preselected recipients only
Rafranco Foundation is a private foundation in Sarasota, Florida. In tax year 2024 it gave $47,661 in 18 grants; the typical grant was $1,000 and the largest $16,800. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$47,661
- Number of grants18
- Typical grant$1,000
- Largest grant$16,800
- Assets$886,733
- New grantees33%
Giving in 2024 was up from $39,400 the year before.
33% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $53,180 | 17 | $897,144 |
| 2023 | $39,400 | 13 | $894,076 |
| 2024 | $47,661 | 18 | $886,733 |
How to apply
Rafranco Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Rafranco Foundation funds
Where it gives
Its grants went to recipients in 5 states, the most to Florida.
| State | Grants | Amount |
|---|---|---|
| Florida | 8 | $25,800 |
| Massachusetts | 1 | $10,000 |
| New York | 6 | $8,360 |
| Illinois | 2 | $3,000 |
| Kansas | 1 | $501 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Chabad of Sarasota Chabad of Sarasota | Charitable | $16,800 |
| Corey Griffin Foundation Corey Griffin Foundation | Charitable | $10,000 |
| Anti Defamation League Anti Defamation League | Charitable | $5,000 |
| All Faiths Food Bank All Faiths Food Bank | Charitable | $2,000 |
| Lake Shore Drive Synagogue Lake Shore Drive Synagogue | Charitable | $2,000 |
| Marie Selby Botanical Gardens Marie Selby Botanical Gardens | Charitable | $2,000 |
| Chicago Children's Hospital Chicago Children's Hospital | Charitable | $1,000 |
| Community Foundation of Sarasota Co Community Foundation of Sarasota Co | Charitable | $1,000 |
| Holocaust Museum Holocaust Museum | Charitable | $1,000 |
| Ny Presbyterian Hospital Ny Presbyterian Hospital | Charitable | $1,000 |
| Planned Parenthood Planned Parenthood | Charitable | $1,000 |
| Sarasota Memorial Hospital Sarasota Memorial Hospital | Charitable | $1,000 |
| YMCA YMCA | Charitable | $1,000 |
| Temple Israel of Ny Temple Israel of Ny | Charitable | $1,000 |
| Beth Torah Synagogue Beth Torah Synagogue | Charitable | $501 |
| Hillel Foundation of Buffalo Hillel Foundation of Buffalo | Charitable | $500 |
| Roswell Park Roswell Park | Charitable | $500 |
| Temple Beth Zion Temple Beth Zion | Charitable | $360 |
Officers and trustees
- Richard Franco
- Bret Franco
- Alexandra Franco
- Arlene Franco
Questions people ask
Does Rafranco Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Rafranco Foundation give?
$47,661 in tax year 2024, across 18 grants, with a typical grant of $1,000.
Who runs Rafranco Foundation?
Its 2024 filing lists Richard Franco (President/Tr), Bret Franco (Vice Preside), Alexandra Franco (Vice Preside) and Arlene Franco (Secretary).
What does Rafranco Foundation fund?
Based on its grants, mainly faith communities, health and environment and conservation.