Freeman Foundation Inc
Freeman Foundation Inc is a private foundation, based in Atlanta, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it awarded 9 grants totaling $58K.
Freeman Foundation Inc at a glance
In short: Freeman Foundation Inc gave $58K across 9 grants in 2024 (avg $6K), mostly in Georgia. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $57,997
- -15.5% vs 2023
- Grants made (2024)
- 9
- +12.5% vs 2023
- Average grant
- $6,444
- -24.9% vs 2023
- Median grant
- $4,537
- Total assets
- $5,934
- -33.5% vs 2023
- Primary geography
- Georgia (91% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Freeman Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was The Westminster Schools ($20K). Together the top 9 received $58K.
Grant Size Distribution
44 grants across all recorded years
The most common grant size was under $50K: 43 grants of 44 (98%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
How Freeman Foundation Inc gives
- Giving grew 27% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $46K (2021) to $84K (2022). In 2024 it made 9 grants totaling $58K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Westminster Schools Atlanta, GA | Kids Education | $20,000 |
| Georgia Campaign for Adolescent Power & Potential (Gcapp) Atlanta, GA | Programs for Teens | $12,500 |
| Atlanta Speech School Atlanta, GA | Kids Education | $10,000 |
| UNC Kenan Flagler Business School Foundation Chapel Hill, NC | Education and Leadership Development | $5,000 |
| Boys & Girls Clubs of Metro Atlanta (BGCMA) Atlanta, GA | Kids Meals and Learning | $4,537 |
| Robert W Woodruff Arts Center Inc Atlanta, GA | Celebrate Renowned Arts and Educate | $3,200 |
| Piedmont Park Conservancy Atlanta, GA | Preserve and Enhance the Park | $1,500 |
| Cathedral of St Philip Atlanta, GA | Place of Worship | $1,010 |
| Fernbank Museum of Natural History Atlanta, GA | MUSEUM | $250 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $5,934 | $57,500 | $60,496 | $57,997 | 9 | $60,496 | $347 |
| 2023 | $8,930 | — | $70,750 | $68,650 | 8 | $70,750 | $1,882 |
| 2022 | $79,680 | — | $84,000 | $84,000 | 9 | $84,000 | $5,943 |
| 2021 | $163,680 | $100,000 | $48,250 | $45,750 | 9 | $48,250 | $4,687 |
| 2020 | $111,930 | — | $75,500 | $75,500 | 9 | — | $6,195 |
Under IRS private-foundation payout rules, Freeman Foundation Inc reported a distributable amount of $347 for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Freeman Foundation Inc is led by Jessica M. Freeman, President & Treasurer on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jessica M. Freeman
President & Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
James W. Freeman III
Vice President & Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Freeman Foundation Inc
How much does Freeman Foundation Inc give each year?
Freeman Foundation Inc gave $58K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $69K across 8 grants.
What is Freeman Foundation Inc's typical grant size?
Freeman Foundation Inc's median grant in 2024 was $4,537, and its average grant was $6,444, across 9 grants on its 2024 IRS Form 990-PF.
Where does Freeman Foundation Inc give grants?
Freeman Foundation Inc gives mostly in Georgia: 91% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was North Carolina (9%). The most frequent recipient cities were Atlanta, GA (8 grants).
Does Freeman Foundation Inc give general operating support?
Not in 2024: none of the 9 grants with a stated purpose on Freeman Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.
Who are Freeman Foundation Inc's largest grantees?
Freeman Foundation Inc's largest 2024 grantees include The Westminster Schools ($20,000), Georgia Campaign for Adolescent Power & Potential (Gcapp) ($12,500) and Atlanta Speech School ($10,000), according to its 2024 IRS Form 990-PF. Together they received 73% of its itemized 2024 grant dollars.
How large is Freeman Foundation Inc?
Freeman Foundation Inc reported $6K in total assets on its 2024 IRS Form 990-PF. It paid out $60K in qualifying distributions that year, against a required minimum of $347 (roughly 5% of its investment assets).
What is Freeman Foundation Inc's EIN?
Freeman Foundation Inc's EIN (Employer Identification Number) is 47-3950298. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 8, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 4, 2025)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 10, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Freeman Foundation Inc funds
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