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

No grants recorded for .

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

Related Funders

Similar funders by location and focus area

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

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