Bessent-freeman Family Foundation Inc

CHARLESTON, SC EIN: 84-4294225

Bessent-freeman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $49K in total assets. In 2024, it awarded 3 grants totaling $158K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$49K

+7.7% YoY

Annual Giving

$158K

+472.7% YoY

Grant Count

3

-50.0% YoY

Avg Grant Size

$53K

+1045.5% YoY

Under IRS private-foundation payout rules, Bessent-freeman Family Foundation Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Bessent-freeman Family Foundation Inc

Based on IRS filings

Bessent-freeman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $49K in total assets. In 2024, it awarded 3 grants totaling $158K.

Ready to take the next step with Bessent-freeman Family Foundation Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AlexandriaAnn ArborBrevardBronxCharelstonCharlestonClermontNew YorkParklandSalisbury

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$415K$831K$1M$2M20202021202220232024
Metric202420232022
Total Assets$48,782$45,282$26,281
Revenue$165,000$50,000$550,000
Expenses$161,500$31,000$568,272
Qualifying Distributions$157,500$31,000$568,272
Net Investment Income
Distributable Amount$2,543$1,307$6,167

Giving Over Time

Total grant dollars and number of grants per year

$0$356K$713K$1M$1M14 grants202017 grants202119 grants20226 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

AMERICAN CONSERVATIVE UN…$100KHARLEM CHILDREN'S ZONE$50KST JAMES PARISH CHURCH$8K

Grant Size Distribution

59 grants across all recorded years

42<$50K10$50–100K6$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Conservative Union Foundation ($100,000), Harlem Children's Zone ($50,000), St James Parish Church ($7,500).

RecipientPurposeAmount
AMERICAN CONSERVATIVE UNION FOUNDATION ALEXANDRIA, VAGENERAL$100,000
HARLEM CHILDREN'S ZONE NEW YORK, NYGENERAL$50,000
ST JAMES PARISH CHURCH CHARLESTON, SCGENERAL$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOHN F FREEMANPRESIDENT/DIRECTOR
SCOTT BESSENTVICE PRESIDENT/DIRECTOR
CHRISTINE CASALISECRETARY
JOHN F FREEMANTREASURER

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Bessent-freeman Family Foundation Inc?

Bessent-freeman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, SC. It holds $49K in total assets as of 2024.

How large is Bessent-freeman Family Foundation Inc?

As of 2024, Bessent-freeman Family Foundation Inc holds $49K in total assets with $165K in annual revenue. It awarded 3 grants totaling $158K in 2024.

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.

What size grants does Bessent-freeman Family Foundation Inc award?

In 2024, Bessent-freeman Family Foundation Inc awarded 3 grants totaling $158K — an average of about $53K per grant, based on its IRS Form 990 filings.

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 2024, Bessent-freeman Family Foundation Inc reported a distributable amount of $3K 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 2020–2024.

Explore Open Grants

Browse active grant opportunities in Bessent-freeman Family Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Bessent-freeman Family Foundation Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Bessent-freeman Family Foundation Inc to a real strategy.

Plan your approach