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Nonprofit · EIN 36-3668125

FRANKLIN PHILANTHROPIC FOUNDATION

Tax-exempt · NORTHBROOK, IL 60062

Financials

$1.1M$1.1M2023$1.1M$1M2024$67.8M$1.3M2025
Revenue Expenses · by fiscal year end
Financials of FRANKLIN PHILANTHROPIC FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$67,759,717$1,343,758$66,415,959$46,078,148$0$46,078,148
December 31, 2024990-PF$1,117,298$1,041,446$75,852$9,613,161$0$9,613,161
December 31, 2023990-PF$1,060,872$1,074,302-$13,430$9,537,309$0$9,537,309
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$64,693,118
Dividends
$601,551
Interest
$21,463
Net gain from sales of assets
$2,443,585

Expenses

Grants and similar amounts paid
$809,231
Compensation of officers, directors and key employees
$435,032
Disbursements for charitable purposes
$809,231
Excise tax on investment income
$38,184

Balance sheet and other

Total assets, start of year
$9,613,161
Total assets, end of year
$46,078,148
Total liabilities, end of year
$0
Net assets, end of year
$46,078,148
Fair market value of assets
$80,543,081
Qualifying distributions
$809,231
Net investment income
$3,066,599

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.

NameTitleHours / weekCompensation
DAVID MABIE
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
Director0.2$0
RANDALL ROMEI
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
SECRETARY/DIR3$0
STANLEY GOODMAN
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
VICE PRES/DIR0.2$0
LINDA GOODMAN
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
VICE PRES/DIR0.2$0
JOYCE GOODMAN
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
VICE PRES/DIR0.2$0
JENNY GOODMAN-BOWDEN
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
PRESIDENT/DIR0.2$0
WILLIAM MICHAEL GOODMAN
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
VICE PRES/DIR0.2$0
DEBORAH GOODMAN
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
VICE PRES/DIR0.2$0
AARON CUBELLS
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
VICE PRES/DIR0.2$0
REBECCA CUBELLS
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
VICE PRES/DIR0.2$0
SARAH CUBELLS
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
VICE PRES/DIR0.2$0
YALE GOODMAN
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
VICE PRES/DIR0.2$0
PACE GOODMAN
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
VICE PRES/DIR0.2$0
DOUGLAS GOODMAN
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
VICE PRES/DIR0.2$0
PAUL GOODMAN
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
VICE PRES/DIR0.2$0
3 more people on this return
NameTitleHours / weekCompensation
DANIEL BOWDEN
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
VICE PRES/DIR0.2$0
LES BOWDEN
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
VICE PRES/DIR0.2$0
LEAH BOWDEN
707 SKOKIE BLVD SUITE 600, NORTHBROOK, IL 60062
VICE PRES/DIR0.2$0
990-PF for the year ended December 31, 2024: 19 people
NameTitleHours / weekCompensation
MORRIS F GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
PRESIDENT/DIR0.2$0
DAVID MABIE
180 N STETSON 1940, CHICAGO, IL 60601
TREASURER/DIR0.2$0
RANDALL ROMEI
180 N STETSON 1940, CHICAGO, IL 60601
SECRETARY/DIR1.5$0
STANLEY GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
VICE PRES/DIR0.2$0
LINDA GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
VICE PRES/DIR0.2$0
JOYCE GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
VICE PRES/DIR0.2$0
JENNY GOODMAN-BOWDEN
180 N STETSON 1940, CHICAGO, IL 60601
VICE PRES/DIR0.2$0
WILLIAM MICHAEL GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
VICE PRES/DIR0.2$0
DEBORAH GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
VICE PRES/DIR0.2$0
AARON CUBELLS
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
REBECCA CUBELLS
180 N STETSON STE 1940, CHICAGO, IL 60601
Director0.2$0
SARAH CUBELLS
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
YALE GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
PACE GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
DOUGLAS GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
PAUL GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
DANIEL BOWDEN
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
LES BOWDEN
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
LEAH BOWDEN
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
990-PF for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensation
MORRIS F GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
PRESIDENT/DIR0.2$0
DAVID MABIE
180 N STETSON 1940, CHICAGO, IL 60601
TREASURER/DIR0.2$0
RANDALL ROMEI
180 N STETSON 1940, CHICAGO, IL 60601
SECRETARY/DIR1.5$0
STANLEY GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
VICE PRES/DIR0.2$0
LINDA GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
VICE PRES/DIR0.2$0
JOYCE GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
VICE PRES/DIR0.2$0
JENNY GOODMAN-BOWDEN
180 N STETSON 1940, CHICAGO, IL 60601
VICE PRES/DIR0.2$0
WILLIAM MICHAEL GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
VICE PRES/DIR0.2$0
DEBORAH GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
VICE PRES/DIR0.2$0
AARON CUBELLS
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
REBECCA CUBELLS
180 N STETSON STE 1940, CHICAGO, IL 60601
Director0.2$0
SARAH CUBELLS
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
YALE GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
PACE GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
DOUGLAS GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
PAUL GOODMAN
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
DANIEL BOWDEN
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
LES BOWDEN
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0
LEAH BOWDEN
180 N STETSON 1940, CHICAGO, IL 60601
Director0.2$0

Address and contacts

Address (IRS master file)
707 SKOKIE BLVD STE 600, NORTHBROOK, IL 60062-2841
In care of
% JOHN A SHEA
Signed the 990-PF
RANDALL ROMEI, SECRETARY/DIR
Phone
(847) 400-0099
Return prepared by
GEORGE BAGLEY & COMPANY LLC

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
36-3668125
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
1989
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$46,078,148
Income (IRS master file)
$82,293,500

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$67,759,717$1,343,758$46,078,148XML
990-PFDecember 2024$1,117,298$1,041,446$9,613,161XML
990-PFDecember 2023$1,060,872$1,074,302$9,537,309IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 36-3668125).

Questions about FRANKLIN PHILANTHROPIC FOUNDATION

What is the EIN of FRANKLIN PHILANTHROPIC FOUNDATION?
The employer identification number (EIN) of FRANKLIN PHILANTHROPIC FOUNDATION is 36-3668125.
Is FRANKLIN PHILANTHROPIC FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to FRANKLIN PHILANTHROPIC FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FRANKLIN PHILANTHROPIC FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of FRANKLIN PHILANTHROPIC 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 PHILANTHROPIC 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 PHILANTHROPIC FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 18 people; 0 received compensation from the organization.
How much revenue does FRANKLIN PHILANTHROPIC FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $67,759,717, expenses of $1,343,758 and total assets of $46,078,148 at year end.

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