Bessent-Freeman Family Foundation Inc
Bessent-Freeman Family Foundation Inc is a private foundation, based in Charleston, SC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $49K in total assets.
Bessent-Freeman Family Foundation Inc at a glance
- Total assets
- $48,782
- +0.0% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Bessent-Freeman Family Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
45 grants across all recorded years
The most common grant size was under $50K: 33 grants of 45 (73%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Bessent-Freeman Family Foundation Inc gives
- Giving fell 74% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $28K (2023) to $1.4M (2020). In 2024 it made 3 grants totaling $158K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Conservative Union Foundation Alexandria, VA | General | $100,000 |
| Harlem Children's Zone New York, NY | General | $50,000 |
| St James Parish Church Charleston, SC | General | $7,500 |
Ready to take the next step with Bessent-Freeman Family Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $48,782 | — | — | — | — | — | $100 |
| 2024 | $48,782 | $165,000 | $161,500 | $157,500 | 3 | $157,500 | $2,543 |
| 2023 | $45,282 | $50,000 | $31,000 | $27,500 | 6 | $31,000 | $1,307 |
| 2022 | $26,281 | $550,000 | $568,272 | $568,272 | 19 | $568,272 | $6,167 |
| 2021 | $44,553 | $575,000 | $614,000 | $611,000 | 17 | $611,000 | $5,313 |
| 2020 | $83,553 | $1,510,250 | $1,426,697 | $1,425,000 | 14 | — | $18,517 |
Under IRS private-foundation payout rules, Bessent-Freeman Family Foundation Inc reported a distributable amount of $100 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Bessent-Freeman Family Foundation Inc is led by John F. Freeman, President, Director, Vice President, Director & Treasurer since 2025 (on filings since 2020); none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
John F. Freeman
President, Director, Vice President, Director & Treasurer
President & Director → President, Director & Treasurer, 2024
President, Director & Treasurer → President, Director, Vice President, Director & Treasurer, 2025
On filings since 2020
No compensation reported
Christine Casali
Secretary
On filings since 2020
No compensation reported
Former officers (2)
- Former: Scott Bessent (2020–2024) — Vice President & Director
- Former: Lorna Smith (2020–2023) — Treasurer
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Bessent-Freeman Family Foundation Inc
How large is Bessent-Freeman Family Foundation Inc?
Bessent-Freeman Family Foundation Inc reported $49K in total assets on its 2025 IRS Form 990-PF.
Where does Bessent-Freeman Family Foundation Inc operate?
Bessent-Freeman Family Foundation Inc has awarded grants in Florida, Maryland, Michigan, North Carolina, New York, South Carolina, Virginia.
How much is Bessent-Freeman Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Bessent-Freeman Family Foundation Inc reported a distributable amount of $100 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bessent-Freeman Family Foundation Inc's EIN?
Bessent-Freeman Family Foundation Inc's EIN (Employer Identification Number) is 84-4294225. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Bessent-Freeman Family Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Guffey Family Foundation
Pennington, NJ
The Guffey Family Foundation’s 2024 grants supported educational institutions, a museum, and organizations serving children and communities, with most funding going to South Carolina and Texas. Grants ranged from $1,000 to $1,321,450, with a median of $10,000. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$7.3M
Grants
51
Total Given
$5.0M
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Kirby Family Foundation Inc
Amherst, NH
The Kirby Family Foundation supports a range of charitable organizations, including food assistance, services for older adults, education, cancer care and research, conservation, and child protection. Its 2024 grants ranged from $500 to $7,000, with a median of $2,000; giving was concentrated in Vermont, with grants also going to organizations in several other states and Washington, D.C. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$2.5M
Grants
48
Total Given
$109K
Hillenbrand Family Foundation
Charleston, SC
The Hillenbrand Family Foundation supports charitable organizations across areas including literary and cultural programming, education, youth programs, and historic preservation. Its 2025 grants ranged from $500 to $30,000, with a median of $4,250, and went to organizations in Massachusetts, South Carolina, New Jersey, New York, and Kentucky. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$43K
Grants
18
Total Given
$165K
Magnolia Plantation Foundation
Charleston, SC
The Magnolia Plantation Foundation supports organizations working in historic preservation, conservation, wildlife care, education, and cultural programming, with most of its 2024 giving going to South Carolina. Its 2024 grants ranged from $500 to $9,000, with a median of $1,000. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$3.1M
Grants
23
Total Given
$43K
Nonna's Garden
Orlando, FL
The foundation supports cancer care and research, healthcare, education, and nonprofits working in areas such as foster care, disability services, food access, and grief support. Its 2024 grants ranged from $8,000 to $4 million, with a median of $50,000; most funding went to New York, with some grants in Florida and other states. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$72.8M
Grants
24
Total Given
$11.2M
More similar funders
More Funders in South Carolina
Cite this profile
Grantable. (2026). Bessent-Freeman Family Foundation Inc funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/bessent-freeman-family-foundation-inc-morg_eae57d57b7324d21b3931a4a0760912b
BibTeX
@misc{grantable_844294225_2026,
author = {{Grantable}},
title = {{Bessent-Freeman Family Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/bessent-freeman-family-foundation-inc-morg_eae57d57b7324d21b3931a4a0760912b},
note = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Bessent-Freeman Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Bessent-Freeman Family Foundation Inc down — hundreds of funders to go?