Frey Family Foundation Inc
Frey Family Foundation Inc. is a private foundation organized as a 501(c)(3) not-for-profit charity based in Port Jefferson, New York. The foundation was established in 2003 and operates as a grantmaking organization that delivers support through direct financial contributions to selected charitable organizations. The foundation does not provide services directly and does not seek outside donations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
-4.6% YoY
Annual Giving
$932K
+1.6% YoY
Grant Count
15
+0.0% YoY
Avg Grant Size
$62K
+1.6% YoY
Under IRS private-foundation payout rules, Frey Family Foundation Inc reported a distributable amount of $273K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Frey Family Foundation is organized to support philanthropic activities directed primarily at:
- Services for at-risk youth
- Public education
The foundation selects and vets the charities it supports independently, though requests for support from bona fide 501(c)(3) organizations will be considered.
Grantmaking
The foundation has made 63 grants totaling $4.2 million across its history. Recent notable grants include:
Grant Range
s & Activity:**
Average Grant
amount: approximately $66,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in New York, with additional grantmaking in Georgia and California. Grantmaking reaches organizations across five states, with New York, Georgia, and California accounting for 92% of all grants.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Income:
- Total assets: $3,314,031 (as of 2024)
- Total assets: $3,474,724 (as of 2023)
- Total giving: $931,951 (2024)
- Total expenses: $925,250 (2023)
- Total revenues: $42,546 (2023)
- Investment income and dividends: $42,449 (2023)
The foundation's total assets have decreased from $6.2 million in 2011 to approximately $3.3 million in 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,314,031 | $3,474,724 | $4,357,730 |
| Revenue | $1,771,520 | $42,546 | $19,791 |
| Expenses | $941,178 | $925,250 | $1,143,116 |
| Qualifying Distributions | $936,193 | $921,232 | $1,139,325 |
| Net Investment Income | $752,087 | $38,528 | $16,000 |
| Distributable Amount | $272,745 | $190,764 | $241,544 |
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
77 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Stony Brook Foundation ($339,932), Hope House Ministries ($325,000), Guardian Angels ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HOPE HOUSE MINISTRIES PORT JEFFERSON, NY | 501(C)(3) | $325,000 |
| JOHN T MATHER FOUNDATION PORT JEFFERSON, NY | 501(C)(3) | $40,500 |
| CHRISTMAS MAGIC HAUPPAUGE, NY | 501(C)(3) | $40,000 |
| GUARDIAN ANGELS BROOKLYN, NY | 501(C)(3) | $100,000 |
| STONY BROOK FOUNDATION STONY BROOK, NY | 501(C)(3) | $339,932 |
| PORT JEFFERSON HIGH SCHOOL SCHOLARSHIP AWARDS PORT JEFFERSON, NY | 501(C)(3) | $6,000 |
| NATIONAL MUSEUM OF MATHEMATICS NEW YORK, NY | 501(C)(3) | $50,000 |
| MT SINAI HIGH SCHOOL SCHOLARSHIP AWARDS MT SINAI, NY | 501(C)(3) | $6,000 |
| ASACP LOS ANGELES, CA | 501(C)(3) | $1,200 |
| KENT ANIMAL HOSPITAL CALVERTON, NY | 501(C)(3) | $2,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Dr. Robert J. Frey serves as the principal officer and director of the foundation. Frey is a quantitative finance expert and academic who earned his Ph.D. in applied mathematics from Stony Brook University. He is a Research Professor in the Department of Applied Mathematics and Statistics at Stony Brook University and founded and served as Director Emeritus of the Program in Quantitative Finance.
Ms. Kathleen M. Sampogna handles day-to-day operations of the foundation and the disposition of approved funding requests.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR ROBERT FREY | TREASURER | — | — |
| STEPHEN RIZZO | SECRETARY | — | — |
| KATHRYN FREY | PRESIDENT | — | — |
Contact Information
Frey Family Foundation, Inc. 314 Main Street Port Jefferson, NY 11777-1679 USA
Voice: +1-631-473-6314 Fax: +1-631-473-6317 Email: Info@FreyFamilyFoundation.org
For day-to-day operational matters and funding disposition inquiries, contact Ms. Kathleen M. Sampogna.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Frey Family Foundation Inc fund?
The Frey Family Foundation is organized to support philanthropic activities directed primarily at: • Services for at-risk youth • Public education The foundation selects and vets the charities it supports independently, though requests for support from bona fide 501(c)(3) organizations will be considered.
How do I apply for a grant from Frey Family Foundation Inc?
**Grant Sizes & Activity:** • Typical awards range from $109 to $385,000 • Average grant amount: approximately $66,000 • Median grant amount: approximately $6,000 • Individual grants have ranged from $150 to $436,000 **Recent Grantmaking:** The foundation has made 63 grants totaling $4.2 million across its history. Recent notable grants include: • The Ministry for Hope (HHM): $301,350 • National Museum of Mathematics: $50,000 • Christmas Magic: $35,000 Annual distribution has ranged between $91…
Where does Frey Family Foundation Inc make grants?
The foundation primarily supports organizations in New York, with additional grantmaking in Georgia and California. Grantmaking reaches organizations across five states, with New York, Georgia, and California accounting for 92% of all grants.
What size grants does Frey Family Foundation Inc award?
In 2024, Frey Family Foundation Inc awarded 15 grants totaling $932K — an average of about $62K per grant, based on its IRS Form 990 filings.
How much is Frey Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frey Family Foundation Inc reported a distributable amount of $273K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frey Family Foundation Inc's EIN?
Frey Family Foundation Inc's EIN (Employer Identification Number) is 11-3640474. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Frey Family Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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