Elizabeth Freese Charitable Trust 002944
Elizabeth Freese Charitable Trust 002944 is a private foundation, based in New ULM, MN. IRS filing data is available from 2019 through 2023. In 2023, it awarded 1 grant totaling $290K. Net investment income was $12K.
Elizabeth Freese Charitable Trust 002944 at a glance
In short: Elizabeth Freese Charitable Trust 002944 gave $290K across 1 grant in 2023 (avg $290K), mostly in Ohio. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $290,053
- Grants made (2023)
- 1
- Average grant
- $290,053
- Median grant
- $290,053
- Primary geography
- Ohio (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Elizabeth Freese Charitable Trust 002944 funds
How this funder distributes its grants
Top Recipients
Top recipient in 2023
The largest 2023 recipient was Worthington School District #518 ($290K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2023 grant dollars on its one itemized grant.
States
Cities
How Elizabeth Freese Charitable Trust 002944 gives
- In 2023 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
In 2023 it made 1 grant totaling $290K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Worthington School District #518 Worthington, OH | Projects Benefitting | $290,053 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $13,420 | $294,505 | $290,053 | 1 | $292,962 | $11,883 | $15,021 |
| 2022 | $281,532 | $5,043 | $4,128 | — | — | $2,539 | $5,442 | $14,296 |
| 2021 | $280,820 | $16,085 | $4,075 | — | — | $2,442 | $14,452 | $15,445 |
| 2020 | $268,764 | $7,242 | $3,940 | — | — | — | $7,867 | $14,223 |
| 2019 | $265,399 | $12,398 | $3,549 | — | — | — | $9,708 | $13,387 |
Under IRS private-foundation payout rules, Elizabeth Freese Charitable Trust 002944 reported a distributable amount of $15K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Elizabeth Freese Charitable Trust 002944's only listed officer is Frandsen Bank & Trust, Trustee on every filing since 2020 (compensated).
Officers on the 2023 filing
Frandsen Bank & Trust
Trustee
On filings since 2020
2 hrs/week
$3K (2020) → $3K (2023)
Former officers (1)
- Former: Frandsen Bank & Trust CO (2019) — Trustee
Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $3K, to Frandsen Bank & Trust (Trustee).
Frequently asked questions about Elizabeth Freese Charitable Trust 002944
How much does Elizabeth Freese Charitable Trust 002944 give each year?
Elizabeth Freese Charitable Trust 002944 gave $290K across 1 grant in 2023, according to its 2023 IRS Form 990-PF.
Where does Elizabeth Freese Charitable Trust 002944 operate?
Elizabeth Freese Charitable Trust 002944 has awarded grants in Ohio.
How much is Elizabeth Freese Charitable Trust 002944 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Elizabeth Freese Charitable Trust 002944 reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Elizabeth Freese Charitable Trust 002944's EIN?
Elizabeth Freese Charitable Trust 002944's EIN (Employer Identification Number) is 61-6392141. IRS Form 990 filing data is available on this page for 2019–2023.
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 2019 (received by the IRS May 11, 2020)
- IRS filings on file for fiscal years 2020–2023
Live grants for the work Elizabeth Freese Charitable Trust 002944 funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Elizabeth Freese Charitable Trust 002944's focus areas in our free grants database
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