Freshwater Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPENCER, WV. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 3 grants totaling $231K. Net investment income was $29K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+73.4% YoY
Annual Giving
$231K
+284.3% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$77K
+156.2% YoY
Under IRS private-foundation payout rules, Freshwater Family Foundation reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.
About Freshwater Family Foundation
Based on IRS filings
Freshwater Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPENCER, WV. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 3 grants totaling $231K. Net investment income was $29K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,843,887 | $1,063,443 | $1,000,000 |
| Revenue | $1,028,068 | $123,445 | $1,000,000 |
| Expenses | $247,624 | $60,002 | — |
| Qualifying Distributions | $234,864 | $60,000 | — |
| Net Investment Income | $29,166 | $38,443 | — |
| Distributable Amount | $57,198 | $49,353 | $4,048 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Wvu Foundation ($230,000), Wv Gold Star Mothers ($500), Pioneer Oil Museum ($100).
| Recipient | Purpose | Amount |
|---|---|---|
| WVU FOUNDATION MORGANTOWN, WV | TO PROVIDE GENERAL SUPPORT TO THE WVU FOUNDATION. | $230,000 |
| WV GOLD STAR MOTHERS CHARLESTON, WV | TO SUPPORT ORGANIZATION'S MISSION OF HONORING MOTHERS WHO HAVE LOST CHILDREN IN MILITARY SERVICE. | $500 |
| PIONEER OIL MUSEUM BOLIVAR, NY | TRIBUTE | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID FRESHWATER | PRESIDENT | 1 | — |
| J SCOTT FRESHWATER | VICE PRESIDENT | 1 | — |
| AMY JILL FRESHWATER-CHILDRESS | TREASURER | 1 | — |
| SUZANNE FRESHWATER | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Freshwater Family Foundation?
Freshwater Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPENCER, WV. It holds $1.8M in total assets as of 2024.
How large is Freshwater Family Foundation?
As of 2024, Freshwater Family Foundation holds $1.8M in total assets with $1.0M in annual revenue. It awarded 3 grants totaling $231K in 2024.
Where does Freshwater Family Foundation operate?
Freshwater Family Foundation has awarded grants in New York, Texas, West Virginia.
What size grants does Freshwater Family Foundation award?
In 2024, Freshwater Family Foundation awarded 3 grants totaling $231K — an average of about $77K per grant, based on its IRS Form 990 filings.
How much is Freshwater Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Freshwater Family Foundation reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Freshwater Family Foundation's EIN?
Freshwater Family Foundation's EIN (Employer Identification Number) is 92-1218856. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Freshwater Family 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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