The Franken Family Foundation
Preselected recipients only
The Franken Family Foundation is a private foundation in Holmdel, New Jersey. In tax year 2024 it gave $99,555 in 14 grants; the typical grant was $5,000 and the largest $24,000. 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$99,555
- Number of grants14
- Typical grant$5,000
- Largest grant$24,000
- Assets$1.0 million
- New grantees57%
Giving in 2024 was up from $45,662 the year before.
57% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $45,662 | 7 | $961,549 |
| 2024 | $99,555 | 14 | $1.0 million |
How to apply
The Franken Family 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 The Franken Family Foundation funds
Where it gives
Its grants went to recipients in 5 states, the most to New Jersey.
| State | Grants | Amount |
|---|---|---|
| New Jersey | 5 | $44,000 |
| New York | 6 | $40,555 |
| Connecticut | 1 | $5,000 |
| District of Columbia | 1 | $5,000 |
| Florida | 1 | $5,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| The Olc School | Aid for students | $24,000 |
| US Foundation - Natl Holocaust Museum | Aid for museum | $10,555 |
| National Parkinsons Foundation | Aid for healthcare and research | $10,000 |
| American Red Cross | Aid for those in crisis | $5,000 |
| America's Vetdogs | Aid for veterans | $5,000 |
| Breast Cancer Research Foundation | Aid for breast cancer research | $5,000 |
| Griffin Bridges Program | Aid for students | $5,000 |
| Smile Train | Aid for children's healthcare | $5,000 |
| Sylvia's Children | Aid for children in need | $5,000 |
| Welcome Home Jersey City | Aid for refugees | $5,000 |
| Doctors Without Borders | Aid for healthcare | $5,000 |
| International Rescue Committee | Aid for refugees | $5,000 |
| Save the Children | Aid for children in need | $5,000 |
| Wounded Warrior Project | Aid for veterans | $5,000 |
Officers and trustees
- Martin P Franken
- Linda A Franken
- Danielle Erin Licata
- Alana Lindsey Carvalho
Questions people ask
Does The Franken Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Franken Family Foundation give?
$99,555 in tax year 2024, across 14 grants, with a typical grant of $5,000.
Who runs The Franken Family Foundation?
Its 2024 filing lists Martin P Franken (Trustee), Linda A Franken (Trustee), Danielle Erin Licata (Trustee) and Alana Lindsey Carvalho (Trustee).
What does The Franken Family Foundation fund?
Based on its grants, mainly education, health and human services.