Eugene & Ruth Freedman Family Foundation
The Eugene & Ruth Freedman Family Foundation is a private foundation based in Chicago, Illinois. Established in 1986, it is managed by the three children of founders Eugene and Ruth Freedman: Penny Freedman, Nancy Remak, and Rick Freedman, who serve as Directors and Co-Presidents.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.1M
+4.3% YoY
Annual Giving
$255K
-55.5% YoY
Grant Count
13
+18.2% YoY
Avg Grant Size
$20K
-62.4% YoY
Mission & Focus Areas
The foundation's giving focuses on:
- Hospitals and Jewish organizations
- Education
- Human Services
- Youth Programs and Youth Services
- Children's programs
- Military and veterans services
Grantmaking
Grant Range
s:** Typical awards range from $1,000 to $250,049.
Ready to take the next step with Eugene & Ruth Freedman Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Washington, Wisconsin, and New York, though recent grants indicate activity in Hawaii and support for national organizations.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $10,628,036
- Total Revenues: $557,500
- Total Expenses: $1,003,151
- Total Giving: $254,519 (2024 data)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,086,169 | $10,628,036 | $11,248,396 |
| Revenue | $701,381 | $557,500 | $351,162 |
| Expenses | $405,596 | $1,003,151 | $956,441 |
| Qualifying Distributions | $254,519 | $572,049 | $585,030 |
| Net Investment Income | $622,117 | $207,809 | $238,812 |
| Distributable Amount | $546,675 | $508,421 | $522,590 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
98 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Rick Freedman — Director & Co-President
- Penny Freedman — Director & Co-President
- Nancy Remak — Trustee
- Gerald Weber — Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NANCY REMAK | CO-PRESIDENT/DIRECTOR | — | — |
| PENNY FREEDMAN | CO-PRESIDENT/DIRECTOR | — | — |
| RICHARD FREEDMAN | CO-PRESIDENT/DIRECTOR | — | — |
| GAIL P BLEY | SECRETARY | — | — |
| GERARD R FELLOWS | TREASURER | — | — |
Recent News & Activity
Recent developments and announcements
In January 2024, the Eugene and Ruth Freedman Family Foundation renewed its support of Dixon Center for Military and Veterans Services with a 4-year grant. The foundation's leadership emphasized the organization's commitment to crisis prevention rather than crisis intervention, with particular focus on supporting women veterans.
Freedman Family Foundation Continues Its Support - dixoncenterRelated Funders
Similar funders by location and focus area
Green and Blue Foundation
CHICAGO, IL
Assets
—
Grants
3
Total Given
$51K
Above and Beyond Daycare Center
FAIRVIEW HEIGHTS, IL
Assets
—
Grants
0
Total Given
—
Primo Center for Women & Children
CHICAGO, IL
Assets
$9.7M
Grants
1
Total Given
$35K
Rose Lafferty Educational Fund Xxxxx9006
CHICAGO, IL
Assets
$3.4M
Grants
1
Total Given
$228K
The John Crerar Foundation
CHICAGO, IL
Assets
$991K
Grants
1
Total Given
$35K
Fostering Success
WAYNE, IL
Assets
$38K
Grants
1
Total Given
$2K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Eugene & Ruth Freedman Family Foundation 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