Freed Foundation Inc is a private foundation focused on Arts and culture, based in STATEN ISLAND, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $126K in total assets. In 2024, it awarded 6 grants totaling $2K. Net investment income was $10K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$126K
+5.0% YoY
Annual Giving
$2K
-75.8% YoY
Grant Count
6
-45.5% YoY
Avg Grant Size
$404.167
-55.7% YoY
Under IRS private-foundation payout rules, Freed Foundation Inc reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About Freed Foundation Inc
Based on IRS filings
Freed Foundation Inc is a private foundation focused on Arts and culture, based in STATEN ISLAND, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $126K in total assets. In 2024, it awarded 6 grants totaling $2K. Net investment income was $10K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $125,812 | $119,872 | $93,249 |
| Revenue | $10,377 | $38,502 | $57,852 |
| Expenses | $4,437 | $11,879 | $17,538 |
| Qualifying Distributions | $2,425 | $10,040 | $16,550 |
| Net Investment Income | $10,040 | $38,075 | $57,844 |
| Distributable Amount | $8,648 | $7,636 | $8,489 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
39 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St George Theatre Restoration ($1,000), Bini Fund ($525), Tottenville Wrestling Club Inc ($300).
| Recipient | Purpose | Amount |
|---|---|---|
| TOTTENVILLE WRESTLING CLUB INC STATEN ISLAND, NY | CHARITABLE | $300 |
| GIRL SCOUT TROOP 5574 NEW YORK, NY | CHARITABLE | $50 |
| ST JOSEPH ST THOMAS PARISH STATEN ISLAND, NY | CHARITABLE | $250 |
| ST GEORGE THEATRE RESTORATION STATEN ISLAND, NY | CHARITABLE | $1,000 |
| THE NEW YORK BOTANICAL GARDEN BRONX, NY | CHARITABLE | $300 |
| BINI FUND Staten Island, NY | CHARITABLE | $525 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT FREED | President | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Freed Foundation Inc?
Freed Foundation Inc is a private foundation focused on Arts and culture, based in STATEN ISLAND, NY. It holds $126K in total assets as of 2024.
How large is Freed Foundation Inc?
As of 2024, Freed Foundation Inc holds $126K in total assets with $10K in annual revenue. It awarded 6 grants totaling $2K in 2024.
Where does Freed Foundation Inc operate?
Freed Foundation Inc has awarded grants in California, Florida, North Carolina, New Jersey, New York, Pennsylvania.
What size grants does Freed Foundation Inc award?
In 2024, Freed Foundation Inc awarded 6 grants totaling $2K — an average of about $404.167 per grant, based on its IRS Form 990 filings.
How much is Freed Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Freed Foundation Inc reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Freed Foundation Inc's EIN?
Freed Foundation Inc's EIN (Employer Identification Number) is 11-6034865. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Freed Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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