Nonprofit · EIN 01-0746539
FRANKLIN SQUARE FOUNDATION
Tax-exempt · EVANSTON, IL 60201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,802,533 | $1,007,880 | $794,653 | $2,966,104 | $0 | $2,966,104 |
| December 31, 2024 | 990-PF | $475,296 | $241,874 | $233,422 | $2,171,451 | $0 | $2,171,451 |
| December 31, 2023 | 990-PF | $123,954 | $222,153 | -$98,199 | $1,938,029 | $0 | $1,938,029 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $173,480
- Dividends
- $99,866
- Interest
- $22
- Net gain from sales of assets
- $1,529,165
Expenses
- Grants and similar amounts paid
- $990,000
- Disbursements for charitable purposes
- $990,000
- Excise tax on investment income
- $1,532
Balance sheet and other
- Total assets, start of year
- $2,171,451
- Total assets, end of year
- $2,966,104
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,966,104
- Fair market value of assets
- $3,089,968
- Qualifying distributions
- $990,000
- Net investment income
- $128,084
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACQUELINE QUERN 2245 CENTRAL PARK AVENUE, EVANSTON, IL 60201 | DIRECTOR | 0 | $0 |
| SUSANNAH QUERN PRATT 6532 N NEWGUARD, CHICAGO, IL 60626 | DIRECTOR | 0 | $0 |
| MARGARET QUERN ATKINS 1 MORGAN AVE, PALMYRA, NJ 08065 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACQUELINE QUERN 2245 CENTRAL PARK AVENUE, EVANSTON, IL 60201 | DIRECTOR | 1 | $0 |
| SUSANNAH QUERN PRATT 6532 N NEWGUARD, CHICAGO, IL 60626 | DIRECTOR | 1 | $0 |
| MARGARET QUERN ATKINS 1 MORGAN AVE, PALMYRA, NJ 08065 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACQUELINE QUERN 2245 CENTRAL PARK AVENUE, EVANSTON, IL 60201 | DIRECTOR | 0 | $0 |
| SUSANNAH QUERN PRATT 6532 N NEWGUARD, CHICAGO, IL 60626 | DIRECTOR | 0 | $0 |
| MARGARET QUERN ATKINS 1 MORGAN AVE, PALMYRA, NJ 08065 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1501 HINMAN AVE APT 5B, EVANSTON, IL 60201-4675
- In care of
- % JACQUELINE QUERN
- Signed the 990-PF
- JACQUELINE QUERN, DIRECTOR
- Phone
- (215) 587-0119
- Return prepared by
- SCHUBERT GALLAGHER TYLER & MULCAHEY
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 01-0746539
- 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
- 2003
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $2,966,104
- Income (IRS master file)
- $2,635,026
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,802,533 | $1,007,880 | $2,966,104 | XML |
| 990-PF | December 2024 | $475,296 | $241,874 | $2,171,451 | XML |
| 990-PF | December 2023 | $123,954 | $222,153 | $1,938,029 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 01-0746539).
Questions about FRANKLIN SQUARE FOUNDATION
- What is the EIN of FRANKLIN SQUARE FOUNDATION?
- The employer identification number (EIN) of FRANKLIN SQUARE FOUNDATION is 01-0746539.
- Is FRANKLIN SQUARE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to FRANKLIN SQUARE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FRANKLIN SQUARE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FRANKLIN SQUARE FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRANKLIN SQUARE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of FRANKLIN SQUARE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does FRANKLIN SQUARE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,802,533, expenses of $1,007,880 and total assets of $2,966,104 at year end.
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