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
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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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