Freedom 22 Operating Foundation
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.
Key facts about Freedom 22 Operating Foundation
- EIN
- 35-2121370
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $40,604
- Grants made (2024)
- 3
- Average grant
- $13,535
- Median grant
- $500
- Total assets
- $79,039
- Primary geography
- Indiana (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Freedom 22 Operating Foundation funds
By grant dollars, the top recipient states for Freedom 22 Operating Foundation's 3 itemized 2024 grants were Indiana (100%). The most frequent recipient cities were South Bend, IN (2 grants). 100% of grants with a stated purpose were for general or operating support.
How Freedom 22 Operating Foundation gives
- Giving held roughly steady from 2021 to 2024 (−8%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Freedom 22 Operating Foundation
- How to evaluate Freedom 22 Operating Foundation as a funder
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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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Good Shephard Montessori School ($40,000), Earlham College ($500), Temple Beth-El ($104).
| Recipient | Purpose | Amount |
|---|---|---|
| GOOD SHEPHARD MONTESSORI SCHOOL South Bend, IN | GENERAL OPERATIONS | $40,000 |
| EARLHAM COLLEGE Richmond, IN | GENERAL OPERATIONS | $500 |
| TEMPLE BETH-EL South Bend, IN | GENERAL OPERATIONS | $104 |
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Charles Asher | President | 50 | — |
| Barbara Asher | Secretary & Treasurer | 30 | — |
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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Data last updated September 2026. Sourced from IRS Form 990-PF filings.