Freewill Impact Fund logo

Freewill Impact Fund

Public charity · Grantmaker Palo Alto, CA EIN: 86-1218871 Website

FreeWill Impact Fund is a 501(c)(3) nonprofit public charity based in Palo Alto, California. It operates a donor-advised fund that receives gifts of stock and other securities, as well as cryptocurrency, liquidates them for cash, and makes grants to qualified nonprofit organizations based on donor recommendations.

Freewill Impact Fund at a glance

In short: Freewill Impact Fund gave $11.0M across 91 grants in 2024 (avg $121K), mostly in Oregon. Source: 2024 IRS Form 990.

Annual giving (2024)
$10,992,875
+167.2% vs 2023
Grants made (2024)
91
-15.0% vs 2023
Average grant
$120,801
+214.2% vs 2023
Median grant
$20,072
Total assets
$1,024,177
-35.5% vs 2023
Primary geography
Oregon (50% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

How to apply to Freewill Impact Fund

Accepts unsolicited proposals
No
How to Apply

The fund does not accept unsolicited requests; grants are issued based on donor recommendations. Donors submit gifts and grant recommendations online.

Contact

Mailing address: 2100 Geng Road 210, Palo Alto, CA 94303-3307
Phone: (510) 771-7776
Website: https://freewillimpact.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Freewill Impact Fund funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

The Oregon Community Foundation: $5.4MThe Oregon CommunityFoundation$5.4MDiscovery Institute: $608KDiscovery Institute$608KVerde Valley School: $553KVerde Valley School$553KPalestine Children's Relief Fund: $533K across 2 grantsPalestine Children's ReliefFund$533K · 2 grantsCure Blindness Project: $333KCure Blindness Project$333KGrace Family Church of North Tampa: $274KGrace Family Church of NorthTampa$274KHabitat for Humanity of Omaha: $187KHabitat for Humanity of Omaha$187KConservation Northwest: $166KConservation Northwest$166KHeal Palestine: $164KHeal Palestine$164KPratham USA: $149KPratham USA$149K

The largest 2024 recipient was The Oregon Community Foundation ($5.4M). Together the top 10 received $8.4M.

Grant Size Distribution

233 grants across all recorded years

178<$50K31$50–100K17$100–250K3$250–500K2$500K–1M1$1–5M1$5M+

The most common grant size was under $50K: 178 grants of 233 (76%).

Geographic Focus

Where this funder awards grants

The fund’s website describes gifts supporting U.S. charities. In 2024, grant dollars went to recipients in multiple states; Oregon received 50% of the total, followed by Washington (8%), California (7%), Arizona (5%), and Vermont (3%).

Grant Distribution by State

35states

Share of 2024 grant dollars across all 91 itemized grants.

Cities

San FranciscoSeattleWashingtonHoustonLos AngelesArlingtonPalo AltoPortlandSunnyvaleLas VegasNew YorkNorwichOmahaSequimBostonCharlestonColorado SpringsDallasHolladayKent

How Freewill Impact Fund gives

  • 24% of 2024 grantees were also funded in 2023. Method
  • Giving grew 2210% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M24 grants2021 11 grants2022 107 grants2023 91 grants2024

From 2021 to 2024, annual grant giving ranged from $318K (2022) to $11.0M (2024). In 2024 it made 91 grants totaling $11.0M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Oregon Community Foundation Portland, ORGeneral Support$5,430,494
Discovery Institute Seattle, WAGeneral Support$607,773
Verde Valley School Sedona, AZGeneral Support$552,500
Palestine Children's Relief Fund Burbank, CAGeneral Support$396,034
Cure Blindness Project Norwich, VTGeneral Support$332,940
Grace Family Church of North Tampa Lutz, FLGeneral Support$274,146
Habitat for Humanity of Omaha Omaha, NEGeneral Support$187,427
Conservation Northwest Seattle, WAGeneral Support$166,222
Heal Palestine Kent, OHGeneral Support$163,570
Pratham USA Houston, TXGeneral Support$149,392
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$1,024,177$11,892,814$11,894,310$10,992,87591$1,589
2023$1,588,016$5,675,629$5,676,278$4,113,350107$629
2022$453,861$2,503,817$2,463,005$317,76811—
2021$255,124$1,188,952$1,189,052$475,79924—

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The fund states that its mission is to make charitable giving especially easy, so donors can support their favorite nonprofit organizations without traditional pain points in non-cash giving. Its website also describes FreeWill’s mission as raising $1 trillion for charities.

Grantees in 2024 included organizations with varied missions. The Oregon Community Foundation describes its work as improving the lives of Oregonians through philanthropy; Discovery Institute says it advances a culture of purpose, creativity, and innovation through education, research, and analysis. The Palestine Children’s Relief Fund describes its mission as non-political humanitarian relief focused on healthcare for children in Palestine. These are the grantees’ descriptions of their own work.

Grantmaking

In 2024, FreeWill Impact Fund made 91 grants totaling $10,992,875. Grant amounts ranged from $5,003 to $5,430,494, with a median of $20,072.

The largest reported grants included $5,430,494 to The Oregon Community Foundation, $607,773 to Discovery Institute, $552,500 to Verde Valley School, $396,034 to Palestine Children’s Relief Fund, and $332,940 to Cure Blindness Project. Each was listed for general support.

The fund makes grants to qualifying nonprofit organizations after considering recommendations from original donors. Eligible organizations must be IRS-recognized 501(c)(3) public charities under Section 509(a)(1) or 509(a)(2), be in good standing with relevant authorities, and meet the fund’s other stated eligibility requirements. The fund’s website says it may modify those requirements.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Jennifer Xia Spradling as president; Kathryn Zealand as secretary; John Goedert as treasurer; Andrew Nick as chief legal officer through December 17, 2024; Charles A. Borek as chief legal officer; and Allison Lee as VP, legal/compliance through April 12, 2024.

Freewill Impact Fund is led by Jennifer Xia Spradling, President on every filing since 2021; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jennifer Xia Spradling

    President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Allison Lee

    Vice President, Legal & Compliance

    Vice President of Legal & Compliance → Vice President, Legal & Compliance, 2024

    On filings since 2021

    3 hrs/week

    No compensation reported

  • Andrew Nick

    Chief Legal Officer

    On filings since 2021

    2 hrs/week

    No compensation reported

  • John Goedert

    Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kathryn Zealand

    Secretary

    On filings since 2021

    1 hr/week

    No compensation reported

  • Charles A. Borek

    Chief Legal Officer

    New on the 2024 filing

    2 hrs/week

    No compensation reported

Former officers (3)
  • Former: Alexander Chung (2021) — President
  • Former: Anita Chung (2021) — Secretary
  • Former: Stephen Lin (2021) — Treasurer

Data from IRS Form 990 filings, 2021–2024. "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 Freewill Impact Fund

How much does Freewill Impact Fund give each year?

Freewill Impact Fund gave $11.0M across 91 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $4.1M across 107 grants.

What is Freewill Impact Fund's typical grant size?

Freewill Impact Fund's median grant in 2024 was $20,072, and its average grant was $120,801, across 91 grants on its 2024 IRS Form 990.

Where does Freewill Impact Fund give grants?

Freewill Impact Fund gives mostly in Oregon: 50% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were Washington (8%) and California (7%). The most frequent recipient cities were Washington, DC (5 grants), Houston, TX (3 grants), New York, NY (3 grants) and Portland, OR (2 grants).

Does Freewill Impact Fund give general operating support?

Yes: 100% of Freewill Impact Fund's 2024 grants with a stated purpose (91 of 91) were for general or operating support, per its 2024 IRS Form 990.

Who are Freewill Impact Fund's largest grantees?

Freewill Impact Fund's largest 2024 grantees include The Oregon Community Foundation ($5,430,494), Discovery Institute ($607,773) and Verde Valley School ($552,500), according to its 2024 IRS Form 990. Together they received 60% of its itemized 2024 grant dollars.

How large is Freewill Impact Fund?

Freewill Impact Fund reported $1.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $11.9M.

What does Freewill Impact Fund fund?

The fund states that its mission is to make charitable giving especially easy, so donors can support their favorite nonprofit organizations without traditional pain points in non-cash giving. Its website also describes FreeWill’s mission as raising $1 trillion for charities. See mission & focus areas ↑

How do I apply for a grant from Freewill Impact Fund?

The fund does not accept unsolicited requests; grants are issued based on donor recommendations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Freewill Impact Fund's EIN?

Freewill Impact Fund's EIN (Employer Identification Number) is 86-1218871. IRS Form 990 filing data is available on this page for 2021–2024.

Does Freewill Impact Fund accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS November 11, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  5. IRS filings on file for fiscal years 2021–2024

Explore Open Grants

Browse active grant opportunities in Freewill Impact Fund's focus areas in our free grants database

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Cite this profile

Grantable. (2026). Freewill Impact Fund funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/freewill-impact-fund-morg_9f95d74a833947d5b4ebe23f789db8ff

BibTeX
@misc{grantable_861218871_2026,
  author       = {{Grantable}},
  title        = {{Freewill Impact Fund funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/freewill-impact-fund-morg_9f95d74a833947d5b4ebe23f789db8ff},
  note         = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Freewill Impact Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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