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Nonprofit · EIN 81-3940545

JULIE AND MARTIN FRANKLIN FAMILY FOUNDATION INC

Tax-exempt · MIAMI BEACH, FL 33139

Financials

$5.6M$4.8M2021$1.3M$4.2M2023$14.4M$6.9M2024
Revenue Expenses · by fiscal year end
Financials of JULIE AND MARTIN FRANKLIN FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$14,361,478$6,883,476$7,478,002$48,398,348$18,000$48,380,348
December 31, 2023990-PF$1,259,132$4,223,232-$2,964,100$40,887,588$0$40,887,588
December 31, 2021990-PF$5,644,933$4,760,925$884,008$40,350,174$1,800$40,348,374
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$13,803,500
Dividends
$631,542
Net gain from sales of assets
-$102,285
Other income
$28,721

Expenses

Grants and similar amounts paid
$6,498,316
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$6,498,316
Excise tax on investment income
$5,385

Balance sheet and other

Total assets, start of year
$40,887,588
Total assets, end of year
$48,398,348
Total liabilities, end of year
$18,000
Net assets, end of year
$48,380,348
Fair market value of assets
$54,919,201
Qualifying distributions
$6,498,316
Net investment income
$659,736

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARTIN E FRANKLIN
C/O 500 SOUTH POINTE DRIVE 240, MIAMI BEACH, FL 33139
DIRECTOR/PRESIDENT1$0
JULIE FRANKLIN
C/O 500 SOUTH POINTE DRIVE 240, MIAMI BEACH, FL 33139
DIRECTOR/VICE PRESIDENT/SE1$0
DESIREE DESTEFANO
C/O 500 SOUTH POINTE DRIVE 240, MIAMI BEACH, FL 33139
DIRECTOR/TREASURER1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MARTIN E FRANKLIN
C/O 500 SOUTH POINTE DRIVE 240, MIAMI BEACH, FL 33139
DIRECTOR/PRESIDENT1$0
JULIE FRANKLIN
C/O 500 SOUTH POINTE DRIVE 240, MIAMI BEACH, FL 33139
DIRECTOR/VICE PRESIDENT/SE1$0
DESIREE DESTEFANO
C/O 500 SOUTH POINTE DRIVE 240, MIAMI BEACH, FL 33139
DIRECTOR/TREASURER1$0
990-PF for the year ended December 31, 2021: 3 people
NameTitleHours / weekCompensation
MARTIN E FRANKLIN
C/O 500 SOUTH POINTE DRIVE 240, MIAMI BEACH, FL 33139
DIRECTOR/PRESIDENT1$0
JULIE FRANKLIN
C/O 500 SOUTH POINTE DRIVE 240, MIAMI BEACH, FL 33139
DIRECTOR/VICE PRESIDENT/SE1$0
DESIREE DESTEFANO
C/O 500 SOUTH POINTE DRIVE 240, MIAMI BEACH, FL 33139
DIRECTOR/TREASURER1$0

Address and contacts

Address (IRS master file)
500 S POINTE DR STE 240, MIAMI BEACH, FL 33139-7310
In care of
% DESIREE DESTEFANO
Signed the 990-PF
DESIREE DESTEFANO, DIRECTOR
Phone
(786) 482-6333
Return prepared by
KAUFMAN ROSSIN & COPA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
81-3940545
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2017
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$48,398,348
Income (IRS master file)
$18,801,462

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$14,361,478$6,883,476$48,398,348XML
990-PFDecember 2023$1,259,132$4,223,232$40,887,588XML
990-PFDecember 2022–––IRS
990-PFDecember 2021$5,644,933$4,760,925$40,350,174XML
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-3940545).

Questions about JULIE AND MARTIN FRANKLIN FAMILY FOUNDATION INC

What is the EIN of JULIE AND MARTIN FRANKLIN FAMILY FOUNDATION INC?
The employer identification number (EIN) of JULIE AND MARTIN FRANKLIN FAMILY FOUNDATION INC is 81-3940545.
Is JULIE AND MARTIN FRANKLIN FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to JULIE AND MARTIN FRANKLIN FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JULIE AND MARTIN FRANKLIN FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of JULIE AND MARTIN FRANKLIN FAMILY FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JULIE AND MARTIN FRANKLIN FAMILY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of JULIE AND MARTIN FRANKLIN FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does JULIE AND MARTIN FRANKLIN FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $14,361,478, expenses of $6,883,476 and total assets of $48,398,348 at year end.

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