Franklin Philanthropic Foundation

EIN 36-3668125 Private foundation / grantmaker Northbrook, IL

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Size

$10–100M

What they do

A private foundation based in Northbrook, IL. It reported about $67.8M in revenue for 2025.

Leadership

David Mabie · Director

Money in and out

$67.8M revenue, $1.3M expenses

Bottom line

—

A private foundation based in Northbrook, IL. It reported about $67.8M in revenue for 2025. For fiscal year 2025 it reported $67.8M in revenue, $1.3M in expenses, and $46.1M in net assets.Pt I

Grants paid & assets · FY2025

Total revenue

$67.8M

Pt VIII · Ln 12

Total expenses

$1.3M

Pt IX · Ln 25

Net assets

$46.1M

Pt X · Ln 32

Revenue less expenses (Pt I · Ln 19): $66.4M

Total assets

46.1M

deployed as grants and operations

Grants paid

809K

in FY2025

Grants made

164grants

total in period

Payout rate

of assets (5% rule)

Who They Fund

Part XV · grants paid · 164 grants · $809K · 2025–2025

350orgFY2025$46,682

Alzheimers Disease Research FoundatFY2025$37,796

Hang Timecareer ResourcesFY2025$23,850

Planned ParenthoodFY2025$22,616

Union of Concerned ScientistsFY2025$17,616

Brooklyn BoatworksFY2025$15,000

Yellowstone to Yukon ConsevationFY2025$12,772

National Network of Abortion FundsFY2025$12,000

Equal Justice InitiativeFY2025$11,988

Henrys Fork Wildlife AllianceFY2025$11,500

CaringkindFY2025$11,500

Everytown for Gun SafetyFY2025$11,077

ACLU FoundationFY2025$11,000

Ocean ConservancyFY2025$10,902

Southern Poverty Law CenterFY2025$10,000

Wildlife Conservation SocietyFY2025$9,539

Honr NetworkFY2025$9,077

Center for Biological DiversityFY2025$9,038

See all 164 grants →

Grantmaking Profile

Patterns in foundation giving

Average grantPart XV$5K

Median grantPart XV$3K

Largest grantPart XV$47K

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF

Revenue

$67.8M

FY2025▲ ×61

Expenses

$1.3M

FY2025▲ +29%

Total assets

$46.1M

FY2025▲ +379%

Total liabilities

FY2025

Total revenue

$67.8M

Pt VIII · Ln 12

Total expenses

$1.3M

Pt IX · Ln 25

Net assets

$46.1M

Pt X · Ln 32

Total assetsPt II$46.1M

Identity & Classification

Form 990 Header · IRS Business Master File

Legal nameHdr · item CFranklin Philanthropic Foundation

EINHdr · item D36-3668125

Principal addressHdr · item CNorthbrook, IL

WebsiteHdr · item Jnone reported

State of legal domicileHdr · item MIL

Exempt statusHdr · item I501(c)(3) · active

NTEE classificationIRS BMFNonprofit

Ruling yearIRS BMFNov 1989

Governance & Policies

Part VI

Voting members of the governing bodyPt VI · Ln 1apending

Independent voting membersPt VI · Ln 1bpending

Conflict-of-interest policyPt VI · Ln 12a—

Whistleblower policyPt VI · Ln 13—

Document retention policyPt VI · Ln 14—

CEO/top-official compensation independently reviewedPt VI · Ln 15a—

Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation

David Mabie

Director

$0Pt VII · Sec A

Randall Romei

Secretary/Dir

$0Pt VII · Sec A

Stanley Goodman

Vice Pres/Dir

$0Pt VII · Sec A

Linda Goodman

Vice Pres/Dir

$0Pt VII · Sec A

Joyce Goodman

Vice Pres/Dir

$0Pt VII · Sec A

Jenny Goodman-Bowden

President/Dir

$0Pt VII · Sec A

William Michael Goodman

Vice Pres/Dir

$0Pt VII · Sec A

Deborah Goodman

Vice Pres/Dir

$0Pt VII · Sec A

See Franklin Philanthropic Foundation executive salaries →

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Statement of Revenue

Part VIII

Contributions & grants$64.7M · 95%

Investment income$3.1M · 5%

Contributions & grants95%$64.7M

Investment income5%$3.1M

Total revenueLn 12$67.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising

Allocation · columns B–D

60%

40%

Grants & contributions paid $0.60 Operating & administrative $0.40

Grants & contributions paid60%$809K

Operating & administrative40%$535K

Total functional expensesLn 25$1.3M

Balance Sheet

Part X · end of year

CashLn 1$670K

Total assetsLn 16$46.1M

Total liabilitiesLn 26$0

Total net assetsLn 32$46.1M

Months of cash on handcomputed6.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it

Liquidity & Payout

Payout rate

Grants paid $0 · Total assets $46.1M

Where the money comes from

Contribution dependence

Contributions & grants — · Total revenue $67.8M

—

Government reliance

not reported

Earned-income share

not reported

Investment reliance

Investment income $0 · Total revenue $67.8M

Program self-sufficiency

not reported

Growth & trend

Revenue growth (YoY)

This year $67.8M · Prior year $1.1M

×61

Revenue CAGR

FY2020 $1.9M · FY2025 $67.8M

+105%

Net-asset trend (YoY)

End of year $46.1M · Beginning of year —

Beginning net assets not meaningfully positive — showing dollar change

Balance sheet

Surplus Margin

Revenue $67.8M · Expenses $1.3M

+98%

Liabilities-to-Assets

Total liabilities — · Total assets $46.1M

—

Net-asset ratio

Net assets $46.1M · Total assets $46.1M

100%

People & payroll

Highest Reported Total Compensation

Individual David Mabie · Reported title Director · Highest reported compensation $0 · Total expenses $1.3M

Personnel share

not reported

Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

Metric	This org	Peer median	Percentile
Revenue growth	×61	—	—

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

FY2025 (Latest)$67.8M revenue · viewing · ⤓ 990 PDF

FY2024$1.1M revenue · ⤓ 990 PDF

FY2023$1.1M revenue · ⤓ 990 PDF

FY2022$1.0M revenue · ⤓ 990 PDF

FY2021$1.7M revenue · ⤓ 990 PDF

FY2020$1.9M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings

Form 990 e-file (XML) · FY2025IRS

Classification, formation year, addressIRS Business Master File

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