Freshwater Family Foundation

Private foundation · Grantmaker Spencer, WV EIN: 92-1218856

Freshwater Family Foundation is a private foundation, based in Spencer, WV. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $2.7M in total assets. In 2025, it awarded 2 grants totaling $1K. Net investment income was $64K.

Freshwater Family Foundation at a glance

In short: Freshwater Family Foundation gave $1K across 2 grants in 2025 (avg $500), mostly in West Virginia. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$1,000
-99.6% vs 2024
Grants made (2025)
2
-33.3% vs 2024
Average grant
$500
-99.3% vs 2024
Median grant
$500
Total assets
$2,699,607
+46.4% vs 2024
Primary geography
West Virginia (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Freshwater Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Reedy Cemetary: $500Reedy Cemetary$500McClung Cemetary: $500McClung Cemetary$500

The largest 2025 recipient was Reedy Cemetary ($500). Together the top 2 received $1K.

Grant Size Distribution

7 grants across all recorded years

5<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 7 (71%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

ReedyBolivarCharlestonMorgantownRipleySan Antonio

How Freshwater Family Foundation gives

  • In 2025 it paid out 846% of 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

$0$100K$200K$300K0 grants2022 2 grants2023 3 grants2024 2 grants2025

From 2023 to 2025, annual grant giving ranged from $1K (2025) to $231K (2024). In 2025 it made 2 grants totaling $1K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Reedy Cemetary Reedy, WVGeneral Donation$500
McClung Cemetary Reedy, WVGeneral Donation$500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,699,607$885,122$29,402$1,0002$646,028$64,081$76,383
2024$1,843,887$1,028,068$247,624$230,6003$234,864$29,166$57,198
2023$1,063,443$123,445$60,002$60,0002$60,000$38,443$49,353
2022$1,000,000$1,000,000—————$4,048

Under IRS private-foundation payout rules, Freshwater Family Foundation reported a distributable amount of $76K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Freshwater Family Foundation is led by David Freshwater, President on every filing since 2022; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • David Freshwater

    President

    On filings since 2022

    1 hr/week

    No compensation reported

  • Amy Jill Freshwater-Childress

    Treasurer

    On filings since 2022

    1 hr/week

    No compensation reported

  • J. Scott Freshwater

    Vice President

    On filings since 2022

    1 hr/week

    No compensation reported

  • Suzanne Freshwater

    Secretary

    On filings since 2022

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2025. "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 Freshwater Family Foundation

How much does Freshwater Family Foundation give each year?

Freshwater Family Foundation gave $1K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $231K across 3 grants.

How large is Freshwater Family Foundation?

Freshwater Family Foundation reported $2.7M in total assets on its 2025 IRS Form 990-PF. It paid out $646K in qualifying distributions that year, against a required minimum of $76K (roughly 5% of its investment assets).

Where does Freshwater Family Foundation operate?

Freshwater Family Foundation has awarded grants in New York, Texas, West Virginia.

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 2022–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 19, 2026)
  2. IRS filings on file for fiscal years 2022–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Freshwater Family Foundation'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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