Heath and Jane Freeman Family Foundation
Heath and Jane Freeman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TEANECK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $159K in total assets. In 2024, it awarded 4 grants totaling $54K. Net investment income was $15K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$159K
-19.6% YoY
Annual Giving
$54K
+35.0% YoY
Grant Count
4
-33.3% YoY
Avg Grant Size
$14K
+102.5% YoY
Under IRS private-foundation payout rules, Heath and Jane Freeman Family Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Heath and Jane Freeman Family Foundation
Based on IRS filings
Heath and Jane Freeman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TEANECK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $159K in total assets. In 2024, it awarded 4 grants totaling $54K. Net investment income was $15K.
Focus Areas
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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 | $158,829 | $197,612 | $257,528 |
| Revenue | $15,445 | $-19,716 | $100,274 |
| Expenses | $54,228 | $40,200 | $77,745 |
| Qualifying Distributions | $54,000 | $40,000 | $75,000 |
| Net Investment Income | $15,217 | $87 | — |
| Distributable Amount | $12,186 | $11,114 | $7,553 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Duke University ($28,000), St Stephen's Episcopal Day School ($21,000), National Scleroderma Foundation ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| DUKE UNIVERSITY DURHAM, NC | UNRESTRICTED GRANT | $28,000 |
| NATIONAL SCLERODERMA FOUNDATION DANVERS, MA | UNRESTRICTED GRANT | $2,500 |
| WELCOME BABY USA NEW YORK, NY | UNRESTRICTED GRANT | $2,500 |
| ST STEPHEN'S EPISCOPAL DAY SCHOOL COCONUT GROVE, FL | UNRESTRICTED GRANT | $21,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HEATH B FREEMAN | PRESIDENT & TREASURER | — | — |
| JANE HEGLEMAN | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Heath and Jane Freeman Family Foundation?
Heath and Jane Freeman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TEANECK, NJ. It holds $159K in total assets as of 2024.
How large is Heath and Jane Freeman Family Foundation?
As of 2024, Heath and Jane Freeman Family Foundation holds $159K in total assets with $15K in annual revenue. It awarded 4 grants totaling $54K in 2024.
Where does Heath and Jane Freeman Family Foundation operate?
Heath and Jane Freeman Family Foundation has awarded grants in California, Florida, Massachusetts, North Carolina, New York.
What size grants does Heath and Jane Freeman Family Foundation award?
In 2024, Heath and Jane Freeman Family Foundation awarded 4 grants totaling $54K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Heath and Jane Freeman Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Heath and Jane Freeman Family Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Heath and Jane Freeman Family Foundation's EIN?
Heath and Jane Freeman Family Foundation's EIN (Employer Identification Number) is 85-4308873. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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