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Nonprofit · EIN 76-0354825

LEONARD R FRANKEL FAMILY FOUNDATION

Tax-exempt · HOUSTON, TX 77027

Financials

$1.8M$614K2023$1.8M$809K2024$3.5M$1.1M2025
Revenue Expenses · by fiscal year end
Financials of LEONARD R FRANKEL FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$3,476,245$1,100,758$2,375,487$12,531,751$0$12,531,751
December 31, 2024990-PF$1,827,735$808,874$1,018,861$10,826,758$0$10,826,758
December 31, 2023990-PF$1,849,381$613,838$1,235,543$10,118,428$0$10,118,428
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,288,420
Dividends
$524,749
Net gain from sales of assets
$1,663,076

Expenses

Grants and similar amounts paid
$935,000
Compensation of officers, directors and key employees
$75,000
Disbursements for charitable purposes
$935,000
Excise tax on investment income
$28,107

Balance sheet and other

Total assets, start of year
$10,826,758
Total assets, end of year
$12,531,751
Total liabilities, end of year
$0
Net assets, end of year
$12,531,751
Fair market value of assets
$19,468,106
Qualifying distributions
$935,000
Net investment income
$2,187,825

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
DR MOHIT KHERA
3604 MEADOW LAKE LANE, HOUSTON, TX 770274111
DIRECTOR OF RESEARCH5$75,000
RUSSELL M FRANKEL
3604 MEADOW LAKE LANE, HOUSTON, TX 770274111
CHAIRMAN2$0
SHERRY G FRANKEL
3604 MEADOW LAKE LANE, HOUSTON, TX 770274111
VICE PRESIDENT1$0
LINDSEY COLLIE
3604 MEADOW LAKE LANE, HOUSTON, TX 770274111
TREASURER2$0
EDWARD ANDREWS
3604 MEADOW LAKE LANE, HOUSTON, TX 770274111
SECRETARY2$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
RUSSELL M FRANKEL
3604 MEADOW LAKE LANE, HOUSTON, TX 770274111
CHAIRMAN1$0
SHERRY G FRANKEL
3604 MEADOW LAKE LANE, HOUSTON, TX 770274111
VICE PRESIDENT1$0
MARVIN D NATHAN
3604 MEADOW LAKE LANE, HOUSTON, TX 770274111
SECRETARY1$0
JULIA FRANKEL
3604 MEADOW LAKE LANE, HOUSTON, TX 770274111
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
RUSSELL M FRANKEL
3604 MEADOW LAKE LANE, HOUSTON, TX 770274111
CHAIRMAN1$0
SHERRY G FRANKEL
3604 MEADOW LAKE LANE, HOUSTON, TX 770274111
VICE PRESIDENT1$0
MARVIN D NATHAN
3604 MEADOW LAKE LANE, HOUSTON, TX 770274111
SECRETARY1$0
JULIA FRANKEL
3604 MEADOW LAKE LANE, HOUSTON, TX 770274111
TRUSTEE1$0

Address and contacts

Address (IRS master file)
3604 MEADOW LAKE LN, HOUSTON, TX 77027-4111
In care of
% RUSSELL M FRANKEL
Signed the 990-PF
RUSSELL M FRANKEL, CHAIRMAN
Phone
(713) 526-5525
Return prepared by
FARMER FUQUA & HUFF PC

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
76-0354825
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
1992
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$12,531,751
Income (IRS master file)
$9,842,508

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$3,476,245$1,100,758$12,531,751IRS
990-PFDecember 2024$1,827,735$808,874$10,826,758IRS
990-PFDecember 2023$1,849,381$613,838$10,118,428XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
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 76-0354825).

Questions about LEONARD R FRANKEL FAMILY FOUNDATION

What is the EIN of LEONARD R FRANKEL FAMILY FOUNDATION?
The employer identification number (EIN) of LEONARD R FRANKEL FAMILY FOUNDATION is 76-0354825.
Is LEONARD R FRANKEL FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to LEONARD R FRANKEL FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LEONARD R FRANKEL FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of LEONARD R FRANKEL FAMILY 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 LEONARD R FRANKEL FAMILY 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 LEONARD R FRANKEL FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $75,000 (DR MOHIT KHERA, DIRECTOR OF RESEARCH).
How much revenue does LEONARD R FRANKEL FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $3,476,245, expenses of $1,100,758 and total assets of $12,531,751 at year end.

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