Cindy and Glenn Frey Foundation

Foundation · Grantmaker Encino, CA EIN: 87-3513997

Cindy and Glenn Frey Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Encino, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 11 grants totaling $65K. Net investment income was $63K.

Key facts about Cindy and Glenn Frey Foundation

EIN
87-3513997
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$65,000
Grants made (2024)
11
Average grant
$5,909
Median grant
$5,000
New grantees (estimate)
45% first-time grantees (5 of 11, 2024)
Total assets
$1,958,251
Primary geography
Hawaii (85% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Cindy and Glenn Frey Foundation funds

By grant dollars, the top recipient states for Cindy and Glenn Frey Foundation's 11 itemized 2024 grants were Hawaii (85%) and California (15%). The most frequent recipient cities were Hanalei, HI (5 grants). None of its 11 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support" (11 grants).

Is Cindy and Glenn Frey Foundation open to new grantees?

45%

first-time grantees, 2024

In 2024, 5 of 11 grantees (45%) were first-time recipients. First grants averaged $5K; repeat grants $7K. How we count

Medians: $5K first-time, $5K repeat.

  • 55% of 2024 grantees were also funded in 2023. Method
  • In 2024 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

+35.6% YoY

Annual Giving

$65K

+23.3% YoY

Grant Count

11

+10.0% YoY

Avg Grant Size

$6K

+12.1% YoY

Under IRS private-foundation payout rules, Cindy and Glenn Frey Foundation reported a distributable amount of $72K for 2024 — the minimum it must pay out in qualifying distributions.

About Cindy and Glenn Frey Foundation

Based on IRS filings

Cindy and Glenn Frey Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Encino, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 11 grants totaling $65K. Net investment income was $63K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 11 itemized 2024 grant dollars.

Cities

HanaleiKalaheoLos AngelesLihueNew YorkCulver CityKilaueaSanta MonicaWailuku

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$155K$309K$464K$619K2021202220232024
Metric202420232022
Total Assets$1,958,251$1,444,472$974,997
Revenue$562,588$504,980$500,000
Expenses$66,640$53,187$25,003
Qualifying Distributions$65,000$52,720$25,000
Net Investment Income$62,588$4,980—
Distributable Amount$72,020$24,556$24,625

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$16K$33K$49K$65K0 grants20214 grants202210 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

National Tropical Botanical Garden: $10KNational Tropical BotanicalGarden$10KWaipa Foundation: $10KWaipa Foundation$10KPark Century School: $5KPark Century School$5KInter-Nation Cultural Foundation: $5KInter-Nation CulturalFoundation$5KVets Aid: $5KVets Aid$5KHanalei Initative: $5KHanalei Initative$5KHui Makaainana O Makana: $5KHui Makaainana O Makana$5KKauai Independent Food Bank: $5KKauai Independent Food Bank$5KKKCR: $5KKKCR$5KHanalei Wainiha Haena Community: $5KHanalei Wainiha HaenaCommunity$5K

Grant Size Distribution

25 grants across all recorded years

25<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include National Tropical Botanical Garden ($10,000), Waipa Foundation ($10,000), Park Century School ($5,000).

RecipientPurposeAmount
NATIONAL TROPICAL BOTANICAL GARDEN Kalaheo, HISUPPORT$10,000
WAIPA FOUNDATION Hanalei, HISUPPORT$10,000
PARK CENTURY SCHOOL Culver City, CASUPPORT$5,000
INTER-NATION CULTURAL FOUNDATION Kilauea, HISUPPORT$5,000
VETS AID Los Angeles, CASUPPORT$5,000
HANALEI INITATIVE Hanalei, HISUPPORT$5,000
HUI MAKAAINANA O MAKANA Hanalei, HISUPPORT$5,000
KAUAI INDEPENDENT FOOD BANK Lihue, HISUPPORT$5,000
KKCR Hanalei, HISUPPORT$5,000
HANALEI WAINIHA HAENA COMMUNITY Hanalei, HISUPPORT$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Cynthia FreyDirector1—
Irving AzoffDirector——
Leeann HardDirector——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Cindy and Glenn Frey Foundation?

Cindy and Glenn Frey Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Encino, CA. It holds $2.0M in total assets as of 2024.

How large is Cindy and Glenn Frey Foundation?

As of 2024, Cindy and Glenn Frey Foundation holds $2.0M in total assets with $563K in annual revenue. It awarded 11 grants totaling $65K in 2024.

Where does Cindy and Glenn Frey Foundation operate?

Cindy and Glenn Frey Foundation has awarded grants in California, Hawaii, New York.

What size grants does Cindy and Glenn Frey Foundation award?

In 2024, Cindy and Glenn Frey Foundation awarded 11 grants totaling $65K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Cindy and Glenn Frey Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cindy and Glenn Frey Foundation reported a distributable amount of $72K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Cindy and Glenn Frey Foundation's EIN?

Cindy and Glenn Frey Foundation's EIN (Employer Identification Number) is 87-3513997. IRS Form 990 filing data is available on this page for 2021–2024.

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

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