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Indiana · Public charity

Franklin Development Corporation

The mission of the FRANKLIN DEVELOPMENT CORPORATION is community betterment primarily through economic development.

$848k
Granted FY2018
14
Itemized grants FY2018
14
Organizations funded FY2018
86%
First-time grantees FY2018
Read the full brief
Itemized, FY2018
$769k
The rest is grants the schedule does not break out
Median grant, FY2018
$39,016
Largest grant, FY2018
$217,624
Organizations funded a year
5 to 14
FY2017 to FY2018
States reached, FY2018
1
Total assets, FY2018
$1.7M

How open it is to new grantees

In FY2018, 86% of the organizations Franklin Development Corporation funded were first-time grantees, receiving 97% of its grant dollars.

The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY201814$769k86%
FY20175$68kn/a
85% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2018.

Community Improvement$424kEmployment$39kYouth Development$25kHealth$24kRecreation & Sports$16kPhilanthropy$11kFood & Nutrition$6kOther$0

Top grantees

Largest grants in FY2018.

MCDONALD'S CORPORATION$217,624
Individual grant recipient$150,000
Individual grant recipient$100,000
Individual grant recipient$53,351
MAIN & MADISON MARKET CAFE$50,000
Individual grant recipient$50,000
THE ELEVATOR (COWORKING SPACE)$39,016
Individual grant recipient$30,982
Individual grant recipient$20,216
Individual grant recipient$16,000
FRECHETTE EYE CENTER$14,937
Individual grant recipient$11,967
Individual grant recipient$9,030
THANKS FOR THE THYME$5,744

Compare Franklin Development Corporation with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Franklin Development Corporation?

Find your warmest path to Franklin Development Corporation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Franklin Development Corporation

How much does Franklin Development Corporation give?
Franklin Development Corporation reported 14 itemized grants totaling $768,867, out of $848,284 in total grant expense reported on the return in its FY2018 IRS filing. It funded between 5 and 14 organizations a year over FY2017 to FY2018.
What does Franklin Development Corporation fund?
By grant dollars over FY2017 to FY2018, its largest causes are Community Improvement (50%), Employment (5%), Youth Development (3%).
Does Franklin Development Corporation fund new organizations?
In FY2018, 86% of the organizations it funded were first-time grantees.
Where is Franklin Development Corporation based?
Franklin Development Corporation is based in IN.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 18 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2018, released 2018. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2024) is on record and reports $229k of grant expense, but none of it to a named recipient. On a Form 990 that can mean grants abroad, filed by region only (Schedule F), grants under $5,000, which are not itemized, or a schedule referenced as an attachment the e-file does not carry. The figures above are therefore from FY2018, the most recent year this funder named its grantees.

Source object · view filing

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