Frennea Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 7 grants totaling $48K. Net investment income was $109K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+5.9% YoY
Annual Giving
$48K
+100.0% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$7K
+42.9% YoY
About Frennea Family Foundation
Based on IRS filings
Frennea Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 7 grants totaling $48K. Net investment income was $109K.
Focus Areas
Ready to take the next step with Frennea Family Foundation?
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 | $1,103,961 | $1,042,420 | $1,039,187 |
| Revenue | $112,767 | $40,158 | $-176,981 |
| Expenses | $57,977 | $36,925 | $29,934 |
| Qualifying Distributions | $53,780 | $31,555 | $15,657 |
| Net Investment Income | $108,932 | $34,328 | $624,942 |
| Distributable Amount | $55,922 | $51,772 | $41,829 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARLY FRENNEA | DIR, PRES | 1 | — |
| KYLE FREENA | VP | 1 | — |
| RACHEL FREENA | SEC | 1 | — |
| LEE WILLEFORD | VP | 1 | — |
| ROBERT FREENA | DIR, TREAS, PRES, SEC | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Laborers Intl Union of 472 Hcl
NEWARK, NJ
Assets
$61.5M
Grants
1
Total Given
$179K
The Community Chest of Englewood
ENGLEWOOD, NJ
Assets
$491K
Grants
5
Total Given
$38K
Margaret a Darrin Charitable Trust
FLORHAM PARK, NJ
Assets
$111.3M
Grants
61
Total Given
$6.9M
Anplr Religious Education Inc
PASSAIC, NJ
Assets
$19K
Grants
0
Total Given
—
New Digital Trade Coalition Ndtc
NORTH BERGEN, NJ
Assets
$300
Grants
0
Total Given
—
Stephen J Machuta Scholarship Trust
PENNINGTON, NJ
Assets
$1.9M
Grants
1
Total Given
$70K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Frennea Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities