Freedom Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLOWER MOUND, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 8 grants totaling $11K. Net investment income was $82K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+1.9% YoY
Annual Giving
$11K
-58.4% YoY
Grant Count
8
-52.9% YoY
Avg Grant Size
$1K
-11.5% YoY
Under IRS private-foundation payout rules, Freedom Foundation reported a distributable amount of $59K for 2024 — the minimum it must pay out in qualifying distributions.
About Freedom Foundation
Based on IRS filings
Freedom Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLOWER MOUND, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 8 grants totaling $11K. Net investment income was $82K.
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 | $1,256,178 | $1,232,788 | $1,268,291 |
| Revenue | $131,875 | $107,173 | $118,475 |
| Expenses | $109,534 | $142,278 | $130,521 |
| Qualifying Distributions | $88,221 | $100,162 | $95,882 |
| Net Investment Income | $81,867 | $72,123 | $53,853 |
| Distributable Amount | $59,448 | $57,224 | $62,044 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
79 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include North Texas Giving ($4,690), Emily's Place ($3,392), Watertower Theatre ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ENVISION DALLAS DALLAS, TX | CIVIC | $500 |
| EMILY'S PLACE PLANO, TX | CIVIC | $3,392 |
| NORTH TEXAS GIVING DALLAS, TX | CIVIC | $4,690 |
| MIRACLE FOUNDATION DALLAS, TX | CIVIC | $500 |
| WREATHS ACROSS AMERICA COLUMBIA FALLS, ME | CIVIC | $100 |
| METROCREST SERVICES FARMERS BRANCH, TX | CIVIC | $520 |
| MY REFUGE HOUSE CARROLLTON, TX | CIVIC | $514 |
| WATERTOWER THEATRE ADDISON, TX | CIVIC | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL D CANTERBURY | PRESIDENT | 20 | $24,000 |
| ANNELIESE ADAMS CANTERBURY | SECRETARY | 1 | $9,996 |
| DENNIS W LEWIS | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Freedom Foundation?
Freedom Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLOWER MOUND, TX. It holds $1.3M in total assets as of 2024.
How large is Freedom Foundation?
As of 2024, Freedom Foundation holds $1.3M in total assets with $132K in annual revenue. It awarded 8 grants totaling $11K in 2024.
Where does Freedom Foundation operate?
Freedom Foundation has awarded grants in Colorado, Florida, Kentucky, Maryland, Maine, North Carolina, Ohio, Oklahoma, Texas.
What size grants does Freedom Foundation award?
In 2024, Freedom Foundation awarded 8 grants totaling $11K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Freedom Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Freedom Foundation reported a distributable amount of $59K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Freedom Foundation's EIN?
Freedom Foundation's EIN (Employer Identification Number) is 75-2790350. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Freedom Foundation'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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