Grant Funder
Organizations › The Herbert and Noemi Frank
The Herbert and Noemi Frank
THE FOUNDATION DIRECTLY CONTRIBUTES TO RELIGIOUS, EDUCATIONAL AND MEDICAL ORGANIZATIONS.
Source: IRS Form 990
Public Charity
501(c)(3)
NTEE T20
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Private Foundation
501(c)(3)
1416 38TH STREET, BROOKLYN, NY 11218
none
Financial Summary
2023$238K
Total Revenue
$9.6M
Total Assets
$654K
Grants Given
$0
Grants Received
$654K
To Domestic Orgs
$0
Salaries & Benefits
$209K
Net Investment Income
$3K
Excise Tax on Net Investment Income
Revenue sources:
$218K in investment income (dividends & interest).
The IRS requires private foundations to pay out a minimum amount each year. This foundation's required distribution was $471K; its qualifying distributions (grants plus charitable expenses) were $654K - 139% of the requirement.
1 Investment Holdings
FMV $1.4M| # | Holding | Type | End-of-Year Value |
|---|---|---|---|
| 1 | TRUIST-9385 | Stock | $1.4M |
1 Grants Given
2023GENERAL OPERATING BUDGET$654K
| # | Organization | Location | Purpose | Amount |
|---|---|---|---|---|
| 1 | DETAILS OF CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS AVAILABLE UPON REQUEST | BROOKLYN, NY 11218 | GENERAL OPERATING BUDGET | $654K |
2 Key Officers & Employees
Total salaries, compensation & benefits: $0
| Title | Name | Avg Hrs / Week |
|---|---|---|
| TRUSTEE | NOEMI FRANK | 0.00 |
| TRUSTEE | BARRY FRANK | 0.00 |
Note: This is GrantWatch, Inc.'s proprietary format for displaying helpful data for grant writers, drawn from the IRS 990 annual reports.
Disclaimer: GrantWatch has no knowledge as to the accuracy of information presented on the IRS 990 reports. The information presented is for research purposes only and should not be copied or distributed.