Freston Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $436K in total assets. In 2024, it awarded 11 grants totaling $238K. Net investment income was $61K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$436K
-29.8% YoY
Annual Giving
$238K
+155.9% YoY
Grant Count
11
+57.1% YoY
Avg Grant Size
$22K
+62.9% YoY
Under IRS private-foundation payout rules, Freston Family Foundation reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.
About Freston Family Foundation
Based on IRS filings
Freston Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $436K in total assets. In 2024, it awarded 11 grants totaling $238K. Net investment income was $61K.
Focus Areas
Ready to take the next step with Freston 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 | $435,954 | $620,858 | $485,689 |
| Revenue | $61,769 | $409,930 | $693,180 |
| Expenses | $247,110 | $98,550 | $558,380 |
| Qualifying Distributions | $238,010 | $93,000 | $551,000 |
| Net Investment Income | $60,574 | $179,123 | $291,551 |
| Distributable Amount | $22,471 | $18,745 | $19,819 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New America ($100,000), The One Campain ($50,000), Turquoise Mountain Foundation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN MUSEUM OF NATURAL HISTORY NEW YORK, NY | GENERAL | $2,500 |
| DOCTORS WITHOUT BORDERS NEW YORK, NY | GENERAL | $20,000 |
| EVERY MOTHER COUNTS NEW YORK, NY | GENERAL | $10,000 |
| NEW AMERICA WASHINGTON, DC | GENERAL | $100,000 |
| SANTA BARBARA BUCKET BRIGADE SANTA BARBARA, CA | GENERAL | $2,510 |
| THE NATURE CONSERVACY ARLINGTON, VA | GENERAL | $20,000 |
| THE ONE CAMPAIN WASHINGTON, DC | GENERAL | $50,000 |
| THE SAM CULLEN MEMORIAL FOUNDATION PLAINVIEW, NY | GENERAL | $2,500 |
| TURQUOISE MOUNTAIN FOUNDATION WASHINGTON, DC | GENERAL | $25,000 |
| WOMEN FOR AFGAN WOMEN FRESH MEADOWS, NY | GENERAL | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS E FRESTON | TRUSTEE | — | — |
| ANDREW FRESTON | TRUSTEE | — | — |
| GILBERT FRESTON | TRUSTEE | — | — |
| BRIAN RAFTERY | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Freston Family Foundation?
Freston Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $436K in total assets as of 2024.
How large is Freston Family Foundation?
As of 2024, Freston Family Foundation holds $436K in total assets with $62K in annual revenue. It awarded 11 grants totaling $238K in 2024.
Where does Freston Family Foundation operate?
Freston Family Foundation has awarded grants in California, District of Columbia, Massachusetts, New York, Ohio, Virginia.
What size grants does Freston Family Foundation award?
In 2024, Freston Family Foundation awarded 11 grants totaling $238K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is Freston Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Freston Family Foundation reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Freston Family Foundation's EIN?
Freston Family Foundation's EIN (Employer Identification Number) is 73-6350005. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Freston Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Freston 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
Go from researching Freston Family Foundation to a real strategy.