Freedom 22 Operating Foundation

INDIANAPOLIS, IN EIN: 35-2121370

Freedom 22 Operating Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $79K in total assets. In 2024, it awarded 3 grants totaling $41K. Net investment income was $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$79K

+63.6% YoY

Annual Giving

$41K

-36.2% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$14K

-36.2% YoY

About Freedom 22 Operating Foundation

Based on IRS filings

Freedom 22 Operating Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $79K in total assets. In 2024, it awarded 3 grants totaling $41K. Net investment income was $6K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

ChicagoIndianapolisNew YorkNorristownOklahoma CityPoughkeepsieRichmondRye BrookSan FranciscoSouth BendWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$113K$226K$339K$451K20202021202220232024
Metric202420232022
Total Assets$79,039$48,315$58,820
Revenue$410,379$150,380$154,506
Expenses$379,655$160,885$148,475
Qualifying Distributions$363,513$149,336$142,035
Net Investment Income$6,204$10,380$4,506
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$24K$48K$73K$97K7 grants20207 grants20217 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

GOOD SHEPHARD MONTESSORI…$40KEARLHAM COLLEGE$500TEMPLE BETH-EL$104

Grant Size Distribution

27 grants across all recorded years

24<$50K3$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 include Good Shephard Montessori School ($40,000), Earlham College ($500), Temple Beth-el ($104).

RecipientPurposeAmount
GOOD SHEPHARD MONTESSORI SCHOOL SOUTH BEND, INGENERAL OPERATIONS$40,000
EARLHAM COLLEGE RICHMOND, INGENERAL OPERATIONS$500
TEMPLE BETH-EL SOUTH BEND, INGENERAL OPERATIONS$104

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHARLES ASHERPRESIDENT50
BARBARA ASHERSECRETARY & TREASURER30

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Freedom 22 Operating Foundation?

Freedom 22 Operating Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. It holds $79K in total assets as of 2024.

How large is Freedom 22 Operating Foundation?

As of 2024, Freedom 22 Operating Foundation holds $79K in total assets with $410K in annual revenue. It awarded 3 grants totaling $41K in 2024.

Where does Freedom 22 Operating Foundation operate?

Freedom 22 Operating Foundation has awarded grants in California, District of Columbia, Illinois, Indiana, New York, Oklahoma, Pennsylvania.

What size grants does Freedom 22 Operating Foundation award?

In 2024, Freedom 22 Operating Foundation awarded 3 grants totaling $41K — an average of about $14K per grant, based on its IRS Form 990 filings.

What is Freedom 22 Operating Foundation's EIN?

Freedom 22 Operating Foundation's EIN (Employer Identification Number) is 35-2121370. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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

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