Firestone Family Foundation Inc

Foundation · Grantmaker Tysons, VA EIN: 65-0793182

Firestone Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Tysons, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 46 grants totaling $92K. Net investment income was $110K.

Key facts about Firestone Family Foundation Inc

EIN
65-0793182
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$91,850
Grants made (2024)
46
Average grant
$1,997
Median grant
$1,250
New grantees (estimate)
37% first-time grantees (17 of 46, 2024)
Total assets
$1,850,435
Primary geography
New Mexico (25% 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 Firestone Family Foundation Inc funds

By grant dollars, the top recipient states for Firestone Family Foundation Inc's 46 itemized 2024 grants were New Mexico (25%), Florida (16%) and New York (15%). The most frequent recipient cities were Albuquerque, NM (11 grants), Washington, DC (5 grants), New York, NY (4 grants) and Miami, FL (2 grants). None of its 46 grants with a stated purpose were described as general or operating support. Recurring purposes include "Performing ARTS:MUSIC" (18 grants), "Education" (12 grants) and "Social Services" (8 grants).

Is Firestone Family Foundation Inc open to new grantees?

37%

first-time grantees, 2024

In 2024, 17 of 46 grantees (37%) were first-time recipients. First grants averaged $1K; repeat grants $2K. How we count

Medians: $1K first-time, $2K repeat.

  • 59% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+5%). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). 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

$1.9M

+5.0% YoY

Annual Giving

$92K

+13.7% YoY

Grant Count

46

+7.0% YoY

Avg Grant Size

$2K

+6.2% YoY

About Firestone Family Foundation Inc

Based on IRS filings

Firestone Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Tysons, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 46 grants totaling $92K. Net investment income was $110K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

17states

Share of all 46 itemized 2024 grant dollars.

Cities

AlbuquerqueNew YorkWashingtonChicagoCoral GablesMiamiNew OrleansPlacitasSan FranciscoHoustonAlbanyBernalilloCooperstownDenverHagerstownHerndonOberlinSeattleCoconut GroveLincoln

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$32K$64K$96K$127K20202021202220232024
Metric202420232022
Total Assets$1,850,435$1,762,356$1,591,301
Revenue$115,809$74,981$46,681
Expenses$97,541$86,030$92,606
Qualifying Distributions$91,850$80,815$87,300
Net Investment Income$110,179$69,766$58,118
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$23K$46K$69K$92K53 grants202058 grants202145 grants202243 grants202346 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Miami Music Project: $10KMiami Music Project$10KAscanio's Purse: $5KAscanio's Purse$5KUniversity of New Mexico School of Medicine: $5KUniversity of New MexicoSchool of Medicine$5KKennedy Center: $4KKennedy Center$4KHouston Grand Opera: $4KHouston Grand Opera$4KMetropolitan Opera: $4KMetropolitan Opera$4KPlanned Parenthood: $4KPlanned Parenthood$4KDoctors Without Borders USA: $3KDoctors Without Borders USA$3KNew Mexico Philhamonic: $3KNew Mexico Philhamonic$3KOutpost Productions: $3KOutpost Productions$3K

Grant Size Distribution

245 grants across all recorded years

245<$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 Miami Music Project ($10,000), Ascanio's Purse ($5,000), University of New Mexico School of Medicine ($5,000).

RecipientPurposeAmount
MIAMI MUSIC PROJECT Miami, FLPERFORMING ARTS :MUSIC$10,000
ASCANIO'S PURSE Denver, COPERFORMING ARTS:MUSIC$5,000
UNIVERSITY OF NEW MEXICO SCHOOL OF MEDICINE Albuquerque, NMEDUCATION$5,000
KENNEDY CENTER Washington, DCPERFORMING ARTS:MUSIC$4,000
HOUSTON GRAND OPERA Houston, TXPERFORMING ARTS:MUSIC$3,500
METROPOLITAN OPERA New York, NYPERFORMING ARTS:MUSIC$3,500
PLANNED PARENTHOOD New York, NYSOCIAL SERVICES$3,500
DOCTORS WITHOUT BORDERS USA Hagerstown, MDMEDICAL$3,000
NEW MEXICO PHILHAMONIC Albuquerque, NMPERFORMING ARTS:MUSIC$3,000
OUTPOST PRODUCTIONS Albuquerque, NMPERFORMING ARTS:OTHER$3,000

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
Axel FreudmannSecretary——
Jack FirestonePresident——
Alan FirestoneVice President——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Firestone Family Foundation Inc?

Firestone Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Tysons, VA. It holds $1.9M in total assets as of 2024.

How large is Firestone Family Foundation Inc?

As of 2024, Firestone Family Foundation Inc holds $1.9M in total assets with $116K in annual revenue. It awarded 46 grants totaling $92K in 2024.

Where does Firestone Family Foundation Inc operate?

Firestone Family Foundation Inc has awarded grants in California, Colorado, District of Columbia, Florida, Hawaii, Illinois, Louisiana, Massachusetts, Maryland, Nebraska, New Mexico, New York, Ohio, Texas, Virginia, Vermont, Washington.

What size grants does Firestone Family Foundation Inc award?

In 2024, Firestone Family Foundation Inc awarded 46 grants totaling $92K — an average of about $2K per grant, based on its IRS Form 990 filings.

What is Firestone Family Foundation Inc's EIN?

Firestone Family Foundation Inc's EIN (Employer Identification Number) is 65-0793182. IRS Form 990 filing data is available on this page for 2020–2024.

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

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