Freedom Fund Incorporated
Freedom Fund Incorporated is a private foundation, based in New York, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $64K in total assets. Net investment income was $10.
Key facts about Freedom Fund Incorporated
- EIN
- 31-1807271
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $63,888
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$64K
+0.0% YoY
Revenue
—
Net Investment Income
$10
+0.0% YoY
Expenses
$195
-11.4% YoY
Under IRS private-foundation payout rules, Freedom Fund Incorporated reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.
How Freedom Fund Incorporated gives
- In 2023 it paid out 107% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Freedom Fund Incorporated?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2023, annual grant giving ranged from $3K (2023) to $4K (2022). In 2023 it made 2 grants totaling $3K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $63,888 | $63,888 | $64,048 |
| Expenses | $195 | $220 | $3,739 |
| Qualifying Distributions | — | — | $3,456 |
| Net Investment Income | $10 | $10 | $10 |
| Distributable Amount | $3,147 | $3,153 | $3,239 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 4, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Freedom Fund Incorporated is led by Donald King, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Donald King
President
On filings since 2021
1 hr/week
No compensation reported
Carl King
Director
On filings since 2021
1 hr/week
No compensation reported
Deborah King
Vice President
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Freedom Fund Incorporated
How large is Freedom Fund Incorporated?
Freedom Fund Incorporated reported $64K in total assets on its 2025 IRS Form 990-PF.
Where does Freedom Fund Incorporated operate?
Freedom Fund Incorporated has awarded grants in New York.
How much is Freedom Fund Incorporated required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Freedom Fund Incorporated reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Freedom Fund Incorporated's EIN?
Freedom Fund Incorporated's EIN (Employer Identification Number) is 31-1807271. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Freedom Fund Incorporated by hand.
Explore Open Grants
Browse active grant opportunities in Freedom Fund Incorporated's focus areas in our free grants database
Similar Funders
Similar funders in New York
The Ford Foundation
New York, NY
The Ford Foundation funds organizations and initiatives working to reduce inequality and advance social justice, including work on civic engagement, civil rights, climate justice, disability rights, and technology and society. In 2024, its grants ranged from $45 to $15 million, with a median of $100,000, supporting work in the U.S. and internationally. It says most grants are identified by the foundation and it does not accept unsolicited proposals by mail, email, or phone; limited opportunities may be offered separately.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The New York Community Trust
New York, NY
The New York Community Trust funds nonprofit programs in areas such as arts, education, health, the environment, workforce development, and youth development, including projects that improve services, build organizational capacity, or advance policy and systems change. Its competitive grants mainly serve New York City, Long Island, and Westchester, with some national and international environmental funding; the 2024 median grant was $20,000. The profile does not state whether it accepts unsolicited requests.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
The Simons Foundation Inc
New York, NY
The Simons Foundation funds research and public engagement in mathematics and the physical, life, autism, and neuroscience sciences. In 2024, it made 1,727 grants, with a median award of $72,000 and amounts ranging from $1,480 to $20 million, supporting organizations in the U.S. and internationally. It states that it funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
Local Initiatives Support Corporation
New York, NY
LISC funds affordable housing, community development, small businesses, and related efforts that strengthen inclusive communities, providing grants as well as loans, equity, and technical assistance across the country. Its 2024 grants had a median award of $40,000, though amounts varied widely. Application access is program-specific: for its Rhode Island child care facilities planning grants, applicants are instructed to consult program staff before submitting a request.
Assets
$1.6B
Grants
1,119
Total Given
$102.8M
Wellspring Philanthropic Fund Inc
New York, NY
Wellspring Philanthropic Fund supports human rights and social and economic justice, including work on climate, the environment, civic engagement, and Jewish causes, in the United States and internationally. Its 2024 grants had a median of $200,000, with amounts ranging from $500 to $9.75 million. It funds only preselected organizations and does not accept unsolicited requests; it plans to end grantmaking by the end of 2028.
Assets
$134.4M
Grants
1,101
Total Given
$326.0M
More Funders in New York
Freedom Fund Incorporated down — hundreds of funders to go?