FRANKLIN FOUNDATION

COLUMBUS, OH | Franklin County
Affordable Housing

Overview

FRANKLIN FOUNDATION
31-6151483
2000 BETHEL RD
COLUMBUS, OH 43220
Franklin County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Affordable Housing
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • LIHTC Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
T90

T - Philanthropy, Voluntarism, and Grantmaking

Names Trusts N.E.C.

Use this code for named trusts not classified elsewhere. (rev. 11/04)

IRS Activity Codes info
909
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813211
Grantmaking Foundations

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info
Most Recent LIHTC Project info
PLEASANT VALLEY COLONY PHASE II

 
Plain City, OH
Amount info
$43,908
Project Year info
1995
Allocation Year info
1994
Total Units info
32
Low-Income Units info
32
Currently Monitored info
Not reported
Construction Type info
New Construction
Property Characteristics info
  • None reported
Special Programs & Financing info
  • RHS 515 Loan
Targeted Population info
  • None reported

IRS Summary

Income
$681.8K
Revenue
-
Assets
$2.7M

IRS Business Master File Details info

As of March 2024
Exempt Ruling Date info
1978-03
Deductibility Status info
Deductible
Last Tax Filing info
2023
Organization Type info
Trust
Organization Tax Filing Status info
990 - Not required to file (all other)
Foundation Tax Filing Status info
990-PF required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Private non-operating foundation

IRS Publication 78 Details info

As of March 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
30% (generally)
Organization Description info
A private foundation

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2022-06
Tax period ending in
2021-06
Tax period ending in
2020-06
Tax period ending in
2019-06
Tax period ending in
2018-06
Tax period ending in
2017-06
Tax period ending in
2016-06

Nonprofit Location

Physical Address info
2000 BETHEL RD
COLUMBUS, OH 43220
Franklin County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
18140
MSA/MD info
39
State info
049
County info
0063.96
Tract info
Middle
Income Level info
Core-Based Statistical Area info
18140 - Columbus, OH
Combined Statistical Area info
198 - Columbus-Marion-Zanesville, OH
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 30.94%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0063.96 Franklin County
Population
Total Population 5,472 1,318,149
Total Households 2,554 542,366
Income
Median Family Income (Census*) $80,500 $71,070
Median Family Income (2023 FFIEC est.) $100,900 $100,900
Tract Income Percentage 95.73% N/A
Below Poverty Level 10.0% 14.5%
Unemployment Level 0.9% 4.7%
Housing
Total Housing Units 2,658 582,701
Total Owner-Occupied Units 45.3% 53.5%
Total Renter-Occupied Units 50.8% 46.5%
Total Vacant Units 3.9% 5%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

Not reported
Total Voting Members
in Governing Body
info
Not reported
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Huntington National Bank
(614) 331-9472
Principal Officer info
Not reported by nonprofit.
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990PF e-filed for the tax period ending on 2022-06.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.