Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
THE JOHN AND MARY FRANKLIN FOUNDATION THE
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 725429
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA31139
A Employer identification number

58-6036131
B Telephone number (see instructions)

(312) 630-6000
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$39,550,744J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 100
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,059,416 1,059,146  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 961,940
b Gross sales price for all assets on line 6a 5,409,935
7 Capital gain net income (from Part IV, line 2)... 961,940
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,031 962  
12 Total. Add lines 1 through 11........ 2,022,487 2,022,048  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 67,480 0   67,480
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits....... 8,966 0 0 8,966
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,500 1,250 0 1,250
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
112,583 38,953   73,630
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
40,691 23,461   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,651 0 0 2,651
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,538 50   6,488
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 241,409 63,714 0 160,465
25 Contributions, gifts, grants paid....... 1,586,710 1,586,710
26 Total expenses and disbursements. Add lines 24 and 25 1,828,119 63,714 0 1,747,175
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 194,368
b Net investment income (if negative, enter -0-) 1,958,334
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 649,693 416,353 416,353
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 17,572,566 Click to see attachment
List of Attached Documents:
// Content
16,504,590 		24,447,619
c Investments—corporate bonds (attach schedule)....... 9,888,641 Click to see attachment
List of Attached Documents:
// Content
10,457,704 		10,038,332
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,746,308 Click to see attachment
List of Attached Documents:
// Content
3,676,234 		4,648,440
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,857,208 31,054,881 39,550,744
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 30,857,208 31,054,881
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 30,857,208 31,054,881
30 Total liabilities and net assets/fund balances (see instructions). 30,857,208 31,054,881
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
30,857,208
2
Enter amount from Part I, line 27a .....................
2
194,368
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
24,363
4
Add lines 1, 2, and 3 ..........................
4
31,075,939
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
21,058
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
31,054,881
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 1116. ACV AUCTIONS INC CL A CL A   2023-05-08 2024-09-18
b 185. AMN HEALTHCARE SVCS INC COM   2022-03-07 2024-07-02
c 18. AGILENT TECHNOLOGIES INC   2021-06-25 2024-05-28
d 36. AIR LEASE CORP CL A CL A   2023-01-26 2024-05-28
e 22. AKAMAI TECHNOLOGIES INC   2021-06-25 2024-05-28
135. ALARM COM HLDGS INC COM   2022-03-07 2024-04-29
376. ALARM COM HLDGS INC COM   2022-03-07 2024-09-18
4. ALBEMARLE CORP   2022-03-04 2024-05-28
604. ALKAMI TECHNOLOGY INC COM   2024-08-01 2024-09-18
52. AMERICOLD RLTY TR INC COM   2021-06-25 2024-05-28
10. AMERISOURCE BERGEN CORP   2022-03-04 2024-05-28
8. ANSYS INC   2021-06-25 2024-05-28
7. APPLIED MATERIALS INC   2022-03-04 2024-05-28
17. APPLIED MATERIALS INC   2022-03-04 2024-07-18
14. ARROW ELECTRS INC COM   2022-03-04 2024-05-28
5. BIO RAD LABS INC CL A   2022-03-04 2024-05-28
425. BLACKLINE INC COM   2022-03-07 2024-09-18
26408.34929 MFO BLACKROCK FDS V HIGH YIELD BD PORT INSTLCL   2021-08-02 2024-11-22
1446.80071 MFO BLACKROCK FDS V HIGH YIELD BD PORT INSTLCL   2021-08-02 2024-11-22
22. BSTN PPTYS INC   2022-03-04 2024-05-28
10. BROADRIDGE FINL SOLUTIONS INC COM STK   2021-10-08 2024-05-28
17. CBRE GROUP INC CL A CL A   2022-03-04 2024-05-28
2278. CCC INTELLIGENT SOLUTIONS HLDGS INC COM   2023-06-06 2024-09-18
42. CSX CORP   2022-03-04 2024-05-28
86. CABOT OIL & GAS CORP CL A   2022-03-04 2024-05-28
190. #REORG/CATALENT MERGER 12-18-2024   2023-08-08 2024-02-08
193. #REORG/CATALENT MERGER 12-18-2024   2022-10-31 2024-02-08
687. CERTARA INC COM   2022-03-07 2024-09-18
33. #REORG/CHAMPIONX CORP MERGER SCHLUMBERGER LTD 2811640 07-17-2025   2023-01-04 2024-05-28
45. CHEMED CORP NEW COM   2022-03-07 2024-09-18
445. COGNEX CORP.   2022-10-31 2024-09-18
7. CUMMINS ENGINE INC   2021-06-25 2024-05-28
14. D R HORTON INC   2022-03-04 2024-05-28
15. DARDEN RESTAURANTS INC   2022-03-04 2024-05-28
282. DEFINITIVE HEALTHCARE CORP CL A COM CL ACOM   2022-05-10 2024-04-23
551. DEFINITIVE HEALTHCARE CORP CL A COM CL ACOM   2022-10-19 2024-04-24
39. DENTSPLY SIRONA INC COM   2021-06-25 2024-05-28
329. DESCARTES SYS GROUP INC COM   2022-03-07 2024-09-18
257. DOUBLEVERIFY HLDGS INC COM   2024-04-22 2024-09-18
632. DOUBLEVERIFY HLDGS INC COM   2023-01-24 2024-09-18
9. DOVER CORP   2022-03-04 2024-05-28
670. DOXIMITY INC COM USD0.001 CL A   2024-04-11 2024-09-18
13. EASTMAN CHEM CO   2022-03-04 2024-05-28
291. ENSIGN GROUP INC COM STK   2022-03-07 2024-09-18
15. ENTEGRIS INC   2022-06-02 2024-05-28
255. EXPONENT INC COM STK   2022-03-07 2024-09-18
122. FIVE BELOW INC COM USD0.01   2024-06-28 2024-09-18
196. FIVE BELOW INC COM USD0.01   2022-09-28 2024-09-18
227. FIVE9 INC COM   2023-01-23 2024-09-18
98. FLOOR & DECOR HLDGS INC CL A CL A   2022-05-03 2024-04-11
218. FLOOR & DECOR HLDGS INC CL A CL A   2022-05-03 2024-09-18
368. FRESHPET INC COM   2023-05-01 2024-09-18
9. GATX CORP   2022-03-04 2024-05-28
6. GENERAL DYNAMICS CORP   2022-03-04 2024-05-28
15. GENERAL DYNAMICS CORP   2022-03-04 2024-07-18
252. GLAUKOS CORP COM   2022-03-07 2024-09-18
10. GLOBAL PMTS INC   2021-06-25 2024-05-28
174. GOOSEHEAD INS INC COM CL A COM CL A   2022-03-07 2024-09-18
326. GRAND CANYON ED INC COM STK   2022-03-07 2024-09-18
862. GRID DYNAMICS HOLDINGS INC COM USD0.0001CL A   2022-03-07 2024-09-18
157. GUIDEWIRE SOFTWARE INC COM USD0.0001   2023-01-23 2024-09-18
25. HELMERICH & PAYNE INC   2023-01-10 2024-05-28
18. HEXCEL CORP NEW COM   2022-04-01 2024-05-28
1799. HILLMAN SOLUTIONS CORP COM USD0.0001 CL A   2024-09-04 2024-09-18
5. HOULIHAN LOKEY INC CL A CL A   2022-03-04 2024-05-28
21. INTERCONTINENTAL EXCHANGE INC COM   2022-03-04 2024-05-28
460. INTERNATIONAL MONEY EXPRESS INC COM   2023-03-07 2024-05-16
1075. ISHARES TR S & P 500 INDEX FD   2023-05-18 2024-07-23
252. ISHARES TR S & P 500 INDEX FD   2023-05-18 2024-09-18
334. ISHARES TR S & P 500 INDEX FD   2023-05-18 2024-11-22
3202. MFC ISHARES TR 1-5 YR INVT GRADE CORPORATE BD ETF   2021-06-24 2024-09-18
876. JAMF HLDG CORP COM   2024-04-30 2024-09-18
103. KADANT INC   2022-03-07 2024-09-18
66. KEYCORP NEW COM   2022-03-04 2024-05-28
13. KEYSIGHT TECHNOLOGIES INC COM   2022-03-04 2024-05-28
75. KINSALE CAP GROUP INC COM   2023-06-01 2024-09-18
5. LABCORP HLDGS INC COM   2022-03-04 2024-05-28
23. LUMENTUM HLDGS INC COM   2022-02-25 2024-05-28
103. LUMENTUM HLDGS INC COM   2022-02-25 2024-08-07
47. LUMENTUM HLDGS INC COM   2023-08-08 2024-08-08
113. LUMENTUM HLDGS INC COM   2022-03-04 2024-08-08
42. MASCO CORP   2022-03-21 2024-05-28
19. MEDPACE HLDGS INC COM   2021-03-02 2024-02-14
9. MEDPACE HLDGS INC COM   2021-03-02 2024-02-15
6. MEDPACE HLDGS INC COM   2023-04-06 2024-04-11
8. MEDPACE HLDGS INC COM   2023-04-06 2024-06-06
8. MEDPACE HLDGS INC COM   2023-04-06 2024-07-01
121. MEDPACE HLDGS INC COM   2023-04-06 2024-09-18
602. #REORG MODEL MERGER 06-27-2024   2022-03-07 2024-04-22
21. MURPHY OIL CORP   2023-01-09 2024-05-28
490. NEOGEN CORP COM   2022-03-07 2024-09-18
542. OPTION CARE HEALTH INC COM NEW COM NEW   2023-07-18 2024-09-18
235. ORTHOPEDIATRICS CORP COM   2022-03-07 2024-09-18
11. PACKAGING CORP OF AMERICA   2022-03-04 2024-05-28
724. #REORG/ PAYCOR HCM INC CASH MERGER 04-14-2025   2024-07-02 2024-09-18
583. #REORG/ PAYCOR HCM INC CASH MERGER 04-14-2025   2022-09-28 2024-09-18
198. PAYLOCITY HLDG CORP COM   2023-04-06 2024-09-18
583. PENNANT GROUP INC   2022-03-07 2024-09-18
398. PHREESIA INC COM   2022-03-07 2024-09-18
297. POWER INTEGRATIONS INC   2022-03-07 2024-09-18
233. #REORG/POWERSCHOOL MERGER 10-01-2024   2023-10-03 2024-08-29
486. #REORG/POWERSCHOOL MERGER 10-01-2024   2023-07-24 2024-08-29
979. PRIVIA HEALTH GROUP INC COM   2023-01-23 2024-09-18
13. PROGRESSIVE CORP OHIO   2022-03-04 2024-05-28
531. PROGYNY INC COM   2023-01-23 2024-09-18
110. RB GLOBAL INC COM NPV   2022-03-07 2024-04-11
539. RB GLOBAL INC COM NPV   2022-03-07 2024-09-18
18. RAYMOND JAMES FINANCIAL INC   2022-03-04 2024-05-28
17. REINSURANCE GROUP AMER INC COM NEW STK   2022-04-20 2024-05-28
73. REPLIGEN CORP COM STK USD0.01   2024-05-01 2024-09-18
114. REPLIGEN CORP COM STK USD0.01   2023-07-18 2024-09-18
19. REPUBLIC SVCS INC   2022-03-04 2024-05-28
23. REPUBLIC SVCS INC   2022-03-04 2024-07-18
6. SBA COMMUNICATIONS CORP COM USD0.01 CL A   2022-03-04 2024-05-28
21. SPS COMM INC COM   2022-03-07 2024-07-22
257. SPS COMM INC COM   2022-03-07 2024-09-18
6273. MFC SPDR INDEX SHS FDS S&P GLOBAL NAT RES ETF   2023-12-21 2024-05-24
17. SCOTTS CO CL A   2022-03-04 2024-05-28
24. SEALED AIR CORP NEW   2022-03-04 2024-05-28
15. SKYWORKS SOLUTIONS INC   2022-03-04 2024-05-28
9. SNAP ON INC   2021-06-25 2024-05-28
314. SPIRIT AEROSYSTEMS HLDGS INC CL A   2022-07-27 2024-03-11
33. SPIRIT AEROSYSTEMS HLDGS INC CL A   2022-07-27 2024-05-28
415. SPIRIT AEROSYSTEMS HLDGS INC CL A   2023-06-20 2024-07-18
613. #REORG SQUARESPACE INC CL A MERGER 10-17-2024   2022-06-23 2024-06-28
29. STERICYCLE INC   2021-06-25 2024-05-28
79. STERICYCLE INC   2022-03-04 2024-08-07
152. STERICYCLE INC   2022-03-04 2024-08-08
23. STIFEL FINL CORP COM   2022-03-04 2024-05-28
25. SYNOPSYS INC   2022-03-04 2024-02-08
3. SYNOPSYS INC   2022-03-04 2024-05-28
8. SYNOPSYS INC   2022-03-04 2024-07-18
15. SYSCO CORP   2022-03-04 2024-05-28
18. TJX COS INC NEW   2022-03-04 2024-05-28
42. TJX COS INC NEW   2022-03-04 2024-09-19
144. TRANSCAT INC COM   2024-09-09 2024-09-18
172. US PHYSICAL THERAPY INC   2022-03-07 2024-09-18
3. ULTA BEAUTY INC COM STK USD0.01   2023-11-30 2024-05-28
3447. VANGUARD FTSE DEVELOPED MARKETS ETF   2022-12-21 2024-03-12
4818. VANGUARD FTSE DEVELOPED MARKETS ETF   2023-06-27 2024-09-18
5458. VANGUARD FTSE DEVELOPED MARKETS ETF   2023-06-27 2024-11-22
17159. MFC VANGUARD INTL EQUITY INDEX FDS FTSE EMERGING MKTS ETF   2020-03-20 2024-05-24
1608. MFC VANGUARD INDEX TR VANGUARD TOTAL STKMKT VIPERS   2020-12-22 2024-05-24
1316. MFC VANGUARD INDEX TR VANGUARD TOTAL STKMKT VIPERS   2020-12-22 2024-11-22
18. WEC ENERGY GROUP INC COM   2022-03-04 2024-05-28
591. WILLSCOT HOLDINGS CORPORATION COM   2022-03-07 2024-09-18
11. WOODWARD GOVERNOR COMPANY   2022-03-04 2024-05-28
386. WORKIVA INC COM CL A COM CL A   2022-07-13 2024-09-18
9. RENAISSANCE RE HOLDINGS LTD   2021-02-24 2024-05-28
42. SENSATA TECHNOLOGIES B V HOLDING   2021-09-15 2024-05-28
230. GLOBANT SA USD1.20   2023-05-01 2024-09-18
558. KORNIT DIGITAL LTD COMMON STOCK   2022-10-17 2024-09-18
32. #REORG/ QIAGEN NV EXCHANGE QIAGEN NV 241VAQ4 01-29-2025   2024-02-09 2024-05-28
432. STEVANATO GROUP S.P.A. COM NPV   2023-12-19 2024-09-18
174. STEVANATO GROUP S.P.A. COM NPV   2023-07-18 2024-09-18
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 22,492   14,982 7,510
b 9,172   14,692 -5,520
c 2,688   2,638 50
d 1,744   1,588 156
e 2,067   2,613 -546
8,978   8,727 251
20,142   18,457 1,685
513   714 -201
18,867   20,586 -1,719
1,328   1,945 -617
2,159   1,458 701
2,617   2,739 -122
1,553   937 616
3,696   2,146 1,550
1,850   1,665 185
1,434   3,024 -1,590
21,615   24,487 -2,872
189,612   208,079 -18,467
10,388   11,400 -1,012
1,309   2,735 -1,426
1,980   1,690 290
1,493   1,530 -37
24,781   22,042 2,739
1,420   1,566 -146
2,341   2,230 111
10,763   11,723 -960
10,933   19,596 -8,663
7,481   16,460 -8,979
1,090   934 156
26,038   14,295 11,743
17,228   21,157 -3,929
1,970   1,691 279
2,014   1,195 819
2,243   1,961 282
2,060   4,776 -2,716
3,943   8,860 -4,917
1,074   2,478 -1,404
32,760   19,291 13,469
4,554   7,630 -3,076
11,198   15,517 -4,319
1,671   1,370 301
26,959   17,695 9,264
1,302   1,520 -218
44,395   24,480 19,915
1,986   1,721 265
27,621   17,887 9,734
12,219   15,472 -3,253
19,630   21,582 -1,952
6,456   22,884 -16,428
11,174   8,398 2,776
25,083   18,314 6,769
51,787   23,961 27,826
1,227   1,032 195
1,793   1,458 335
4,398   3,644 754
30,712   15,919 14,793
1,027   1,917 -890
15,452   9,975 5,477
46,239   24,822 21,417
11,744   10,536 1,208
26,999   11,375 15,624
936   1,202 -266
1,250   1,078 172
18,520   16,207 2,313
673   498 175
2,839   2,834 5
9,504   11,712 -2,208
598,201   447,998 150,203
142,647   105,019 37,628
199,955   139,192 60,763
168,260   175,447 -7,187
15,575   17,074 -1,499
33,023   15,754 17,269
951   1,532 -581
1,877   1,980 -103
34,218   21,415 12,803
991   1,148 -157
1,047   2,318 -1,271
4,191   10,379 -6,188
1,974   2,483 -509
4,746   10,573 -5,827
2,881   2,411 470
7,152   3,154 3,998
3,499   1,494 2,005
2,395   1,134 1,261
3,247   1,512 1,735
3,288   1,512 1,776
43,693   19,079 24,614
17,805   18,263 -458
882   879 3
8,339   11,553 -3,214
16,859   18,242 -1,383
7,180   10,621 -3,441
2,008   1,631 377
9,948   11,937 -1,989
8,011   16,025 -8,014
31,896   30,578 1,318
20,851   14,209 6,642
9,574   12,935 -3,361
17,819   16,263 1,556
5,276   5,054 222
11,005   11,394 -389
18,599   25,786 -7,187
2,661   1,386 1,275
13,084   24,092 -11,008
8,052   6,256 1,796
45,574   23,372 22,202
2,243   1,795 448
3,529   2,032 1,497
10,187   11,822 -1,635
15,909   17,524 -1,615
3,506   2,460 1,046
4,713   2,978 1,735
1,145   1,971 -826
4,341   2,597 1,744
49,959   23,842 26,117
371,524   354,189 17,335
1,126   2,961 -1,835
887   1,605 -718
1,388   2,651 -1,263
2,445   1,995 450
10,815   10,566 249
1,020   1,110 -90
14,639   13,045 1,594
26,649   17,777 8,872
1,447   2,079 -632
4,607   5,420 -813
8,862   8,586 276
1,864   1,527 337
14,238   7,708 6,530
1,762   925 837
4,429   2,218 2,211
1,097   1,269 -172
1,838   1,213 625
4,969   2,642 2,327
18,663   17,302 1,361
14,376   14,814 -438
1,142   1,266 -124
171,513   145,722 25,791
248,578   221,929 26,649
270,096   249,291 20,805
757,563   545,227 212,336
420,811   310,245 110,566
390,375   253,907 136,468
1,458   1,694 -236
23,016   18,657 4,359
2,039   1,302 737
29,964   30,556 -592
2,040   1,485 555
1,775   2,454 -679
44,236   33,745 10,491
13,266   28,750 -15,484
1,384   1,414 -30
8,598   12,641 -4,043
3,463   5,676 -2,213
      411
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      411
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      411
      411
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      411
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Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       7,510
b       -5,520
c       50
d       156
e       -546
      251
      1,685
      -201
      -1,719
      -617
      701
      -122
      616
      1,550
      185
      -1,590
      -2,872
      -18,467
      -1,012
      -1,426
      290
      -37
      2,739
      -146
      111
      -960
      -8,663
      -8,979
      156
      11,743
      -3,929
      279
      819
      282
      -2,716
      -4,917
      -1,404
      13,469
      -3,076
      -4,319
      301
      9,264
      -218
      19,915
      265
      9,734
      -3,253
      -1,952
      -16,428
      2,776
      6,769
      27,826
      195
      335
      754
      14,793
      -890
      5,477
      21,417
      1,208
      15,624
      -266
      172
      2,313
      175
      5
      -2,208
      150,203
      37,628
      60,763
      -7,187
      -1,499
      17,269
      -581
      -103
      12,803
      -157
      -1,271
      -6,188
      -509
      -5,827
      470
      3,998
      2,005
      1,261
      1,735
      1,776
      24,614
      -458
      3
      -3,214
      -1,383
      -3,441
      377
      -1,989
      -8,014
      1,318
      6,642
      -3,361
      1,556
      222
      -389
      -7,187
      1,275
      -11,008
      1,796
      22,202
      448
      1,497
      -1,635
      -1,615
      1,046
      1,735
      -826
      1,744
      26,117
      17,335
      -1,835
      -718
      -1,263
      450
      249
      -90
      1,594
      8,872
      -632
      -813
      276
      337
      6,530
      837
      2,211
      -172
      625
      2,327
      1,361
      -438
      -124
      25,791
      26,649
      20,805
      212,336
      110,566
      136,468
      -236
      4,359
      737
      -592
      555
      -679
      10,491
      -15,484
      -30
      -4,043
      -2,213
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 961,940
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 27,221
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 27,221
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 27,221
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 25,476
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,015
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 40,491
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 13,270
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow13,270 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowGA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowJMFranklin.org
14
The books are in care ofright arrowNORTHERN TRUST COMPANY Telephone no.right arrow (770) 842-8000

Located atright arrowPO BOX 725429ATLANTAGA ZIP+4right arrow31139
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ROBIN M MURRAY DIRECTOR
20 		37,849    
6375 GLENRIDGE DR UNIT 302
SANDY SPRINGS,GA30328
JOHN B CARTER JR TRUSTEE
20 		0    
115 FORT LAMAR ROAD
CHARLESTON,SC29412
MARION B GLOVER TRUSTEE
20 		0    
3410 HABERSHAM ROAD NW
ATLANTA,GA30305
JERRY W NIX CHAIRMAN
5 		0    
2999 WILDWOOD PARKWAY
ATLANTA,GA30339
ELIZABETH R JONES TRUSTEE
20 		0    
ONE BROOKHAVEN DR NE
ATLANTA,GA30319
E KENDRICK SMITH TRUSTEE
20 		0    
2843 HABERSHAM RD NW
ATLANTA,GA30305
JOHN F OGLESBY TRUSTEE
20 		0    
3284 NORTHSIDE PARKWAY NW
ATLANTA,GA30327
MARILU H MCCARTY P H D TRUSTEE
20 		0    
4036 TUXEDO RD NW
ATLANTA,GA30342
JOSEPH ARNOLD TRUSTEE
20 		0    
2112 WRIGHTS MILL CIRCLE
ATLANTA,GA30324
LAURIE B WILLIAMS ADMIN
5 		0    
4478 POOL ROAD
WINSTON,GA30187
HEATHER H KITE ADMIN
30 		29,631    
5120 KINGS HIGHWAY
DOUGLASVILLE,GA30135
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
39,402,012
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
39,402,012
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
39,402,012
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
591,030
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
38,810,982
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,940,549
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,940,549
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
27,221
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
27,221
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,913,328
4
Recoveries of amounts treated as qualifying distributions................
4
4,500
5
Add lines 3 and 4............................
5
1,917,828
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,917,828
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,747,175
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,747,175
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 1,917,828
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 46,851
b From 2020...... 191,676
c From 2021...... 38,651
d From 2022...... 291,149
e From 2023...... 0
f Total of lines 3a through e ........ 568,327
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,747,175
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 1,747,175
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 170,653 170,653
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 397,674
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		397,674
10 Analysis of line 9:
a Excess from 2020.... 67,874
b Excess from 2021.... 38,651
c Excess from 2022.... 291,149
d Excess from 2023.... 0
e Excess from 2024.... 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
JOHN AND MARY FRANKLIN FOUNDATION
PO BOX 725429
ATLANTA,GA31139
(770) 842-8000
JMFranklin.org
bThe form in which applications should be submitted and information and materials they should include:
NO SPECIFIC FORMAT
cAny submission deadlines:
MARCH 31
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

SEE ATTACHED SCHEDULE

SEE ATTACHED SCHEDULE
SEE ATTACHED SCHEDULE,IL60680 		NONE PC GENERAL SUPPORT 1,586,710
Total .................................right arrow 3a 1,586,710
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,059,416  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 961,940  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFEDERAL TAX REFUND 		    1 61  
bMFO BLACKROCK FDS     1 552  
cBSTN PPTYS INC     1 8  
dMFO DFA INVT DIMEN     1 76  
eMFO DFA INVESTMENT     1 11  
fOTHER INCOME     1 323  
12 Subtotal. Add columns (b), (d), and (e) ..   2,022,387  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,022,387
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
THE JOHN AND MARY FRANKLIN FOUNDATION THE
EIN:
58-6036131
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 2,500 1,250   1,250

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE JOHN AND MARY FRANKLIN FOUNDATION THE
EIN:
58-6036131
Name of Bond End of Year Book Value End of Year Fair Market Value
SEE ATTACHED SCHEDULE    
C09260B630 MFO BLACKROCK FDS V 2,700,148 2,587,201
C33939L506 MFC FLEXSHARES TR T 406,561 398,742
C464287226 MFC ISHARES TRUST C 3,510,402 3,261,073
C464288646 MFC ISHARES TR 1-5 3,840,593 3,791,316

TY 2024 InvestmentsCorpStockSchedule
Name:
THE JOHN AND MARY FRANKLIN FOUNDATION THE
EIN:
58-6036131
Name of Stock End of Year Book Value End of Year Fair Market Value
SEE ATTACHED SCHEDULE    
C00846U101 AGILENT TECHNOLOGIE 14,580 21,091
C00912X302 AIR LEASE CORP CL A 21,640 25,696
C00971T101 AKAMAI TECHNOLOGIES 19,955 21,521
C012653101 ALBEMARLE CORP COM 17,958 12,826
C03064D108 AMERICOLD RLTY TR I 17,266 12,754
C03073E105 CENCORA INC 9,951 21,345
C03662Q105 ANSYS INC COM 17,527 27,324
C038222105 APPLIED MATERIALS I 7,127 14,637
C042735100 ARROW ELECTR INC CO 13,968 15,497
C090572207 BIO RAD LABORATORIE 21,177 18,397
C101121101 BXP INC 23,899 19,928
C11133T103 BROADRIDGE FINL SOL 14,984 21,479
C12504L109 CBRE GROUP INC CL A 19,103 41,619
C126408103 CSX CORP COM STK 15,364 19,233
C127097103 COTERRA ENERGY INC 13,772 17,725
C15135B101 CENTENE CORP DEL CO 21,981 20,173
C15872M104 CHAMPIONX CORPORATI 11,041 10,740
C231021106 CUMMINS INC 11,001 23,008
C23331A109 D R HORTON INC COM 13,715 25,727
C237194105 DARDEN RESTAURANTS 14,793 29,124
C24906P109 DENTSPLY SIRONA INC 18,386 7,630
C260003108 DOVER CORP COM USD1 15,913 24,763
C277432100 EASTMAN CHEM CO COM 16,214 17,168
C29362U104 ENTEGRIS INC COM 25,958 24,468
C361448103 GATX CORP COM 10,714 20,145
C369550108 GENERAL DYNAMICS CO 10,540 16,073
C37940X102 GLOBAL PMTS INC COM 17,113 20,059
C423452101 HELMERICH & PAYNE I 14,315 9,734
C428291108 HEXCEL CORP NEW COM 15,309 15,612
C441593100 HOULIHAN LOKEY INC 14,530 33,343
C45866F104 INTERCONTINENTAL EX 16,660 27,865
C46266C105 IQVIA HLDGS INC COM 20,312 17,293
C493267108 KEYCORP NEW COM 19,248 19,505
C49338L103 KEYSIGHT TECHNOLOGI 14,580 24,576
C504922105 LABCORP HLDGS INC C 16,021 19,722
C574599106 MASCO CORP COM 18,711 30,407
C626717102 MURPHY OIL CORP COM 10,716 7,747
C695156109 PACKAGING CORP AMER 9,916 19,811
C743315103 PROGRESSIVE CORP OH 7,157 33,066
C754730109 RAYMOND JAMES FNCL 13,189 31,377
C759351604 REINSURANCE GROUP A 14,689 30,549
C760759100 REPUBLIC SVCS INC C 14,104 36,212
C778296103 ROSS STORES INC COM 15,725 15,430
C78410G104 SBA COMMUNICATIONS 19,309 15,081
C810186106 SCOTTS MIRACLE-GRO 25,601 17,116
C81211K100 SEALED AIR CORP NEW 18,313 12,382
C83088M102 SKYWORKS SOLUTIONS 21,899 17,293
C833034101 SNAP-ON INC COM 12,117 25,122
C860630102 STIFEL FINL CORP CO 13,931 29,596
C871607107 SYNOPSYS INC COM 2,089 13,590
C871829107 SYSCO CORP COM 15,508 16,668
C872540109 TJX COS INC COM NEW 4,306 16,068
C90384S303 ULTA BEAUTY INC 19,132 20,007
C92939U106 WEC ENERGY GROUP IN 16,782 20,501
C980745103 WOODWARD INC COM 12,131 22,300
CG7496G103 RENAISSANCE RE HLDG 12,735 23,139
CG8060N102 SENSATA TECHNOLOGIE 24,484 13,700
CN72482149 QIAGEN NV ORD EUR0. 18,532 18,792
C233203421 MFO DFA INVT DIMENS 2,107,582 2,125,239
C233203843 MFO DFA INVESTMENT 1,022,039 1,039,892
C464287200 ISHARES CORE S P 50 2,572,551 3,633,922
C464288372 MFC ISHARES TR GLOB 729,579 796,020
C78463X541 MFC SPDR INDEX SHS 372,530 328,316
C921943858 VANGUARD FTSE DEVEL 3,998,841 5,427,522
C922908769 MFC VANGUARD INDEX 4,793,777 9,892,954

TY 2024 InvestmentsOtherSchedule2
Name:
THE JOHN AND MARY FRANKLIN FOUNDATION THE
EIN:
58-6036131
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SEE ATTACHED SCHEDULE      
C665162541 MFB NORTHERN FDS GL AT COST 682,504 738,039
C9944F9997 PRIVATE EQUITY STRA AT COST 1,875,930 2,728,049
C994GN4992 PRIVATE EQUITY CORE AT COST 805,300 787,140
C995944998 PRIVATE EQUITY STRA AT COST 312,500 395,212

TY 2024 OtherDecreasesSchedule
Name:
THE JOHN AND MARY FRANKLIN FOUNDATION THE
EIN:
58-6036131
Description Amount
2024 TRANSACTIONS POSTED IN 2025 18,749
COST BASIS ADJUSTMENT 2,309


TY 2024 OtherExpensesSchedule
Name:
THE JOHN AND MARY FRANKLIN FOUNDATION THE
EIN:
58-6036131
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CLASS ACTION FILING FEES 50 50   0
OTHER MISC. CHARITABLE EXP 6,488 0   6,488


TY 2024 OtherIncomeSchedule2
Name:
THE JOHN AND MARY FRANKLIN FOUNDATION THE
EIN:
58-6036131
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FEDERAL TAX REFUND 61 0  
MFO BLACKROCK FDS V HIGH YIELD BD PORT I 552 552  
BSTN PPTYS INC 8 0  
MFO DFA INVT DIMENSIONS GROUP INC EMERGI 76 76  
MFO DFA INVESTMENT DIMENSIONS GROUP INC 11 11  
OTHER INCOME 323 323  


TY 2024 OtherIncreasesSchedule
Name:
THE JOHN AND MARY FRANKLIN FOUNDATION THE
EIN:
58-6036131
Description Amount
2023 TRANSACTIONS POSTED IN 2024 19,863
RETURN OF GRANTS 4,500


TY 2024 OtherProfessionalFeesSchedule
Name:
THE JOHN AND MARY FRANKLIN FOUNDATION THE
EIN:
58-6036131
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
NT ADVISORY FEES 98,174 24,544   73,630
NT INVESTMENT MGMT FEES 14,409 14,409    


TY 2024 TaxesSchedule
Name:
THE JOHN AND MARY FRANKLIN FOUNDATION THE
EIN:
58-6036131
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 81 81   0
ESTIMATED TAX PAYMENTS 17,230 0   0
FOREIGN TAXES ON QUALIFIED FOR 17,257 17,257   0
FOREIGN TAXES ON NONQUALIFIED 6,123 6,123   0