Jim and Norma Freeman Foundation

Private foundation · Grantmaker Oklahoma City, OK EIN: 46-1487447

Jim and Norma Freeman Foundation is a private foundation, based in Oklahoma City, OK. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.1M in total assets. In 2025, it awarded 8 grants totaling $319K. Net investment income was $208K.

Key facts about Jim and Norma Freeman Foundation

In short: Jim and Norma Freeman Foundation gave $319K across 8 grants in 2025 (avg $40K), mostly in Oklahoma. Source: 2025 IRS Form 990-PF.

EIN
46-1487447
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$319,088
Grants made (2025)
8
Average grant
$39,886
Median grant
$18,183
Total assets
$3,084,435
Primary geography
Oklahoma (99% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.1M

+13.0% YoY

Annual Giving

$319K

+157.3% YoY

Grant Count

8

+100.0% YoY

Avg Grant Size

$40K

+28.7% YoY

Under IRS private-foundation payout rules, Jim and Norma Freeman Foundation reported a distributable amount of $167K for 2025 — the minimum it must pay out in qualifying distributions.

How Jim and Norma Freeman Foundation gives

  • Giving grew 106% from 2022 to 2025. Method
  • In 2025 it paid out 192% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 8 itemized 2025 grant dollars.

Cities

EdmondOklahoma CityBethesdaSarasota

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K4 grants20202 grants20215 grants20222 grants20234 grants20248 grants2025

From 2020 to 2025, annual grant giving ranged from $12K (2023) to $319K (2025). In 2025 it made 8 grants totaling $319K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Memorial Road Church of Christ: $190K across 2 grantsMemorial Road Church of Christ$190K · 2 grantsOklahoma Medical Research Foundatio: $50KOklahoma Medical ResearchFoundatio$50KHeartbeat for Hope: $40KHeartbeat for Hope$40KOklahoma Christian Universoty: $20KOklahoma Christian Universoty$20KLilyfield: $10KLilyfield$10KHope House: $5KHope House$5KCentral Missions International: $5KCentral Missions International$5K

The largest 2025 recipient was Memorial Road Church of Christ ($190K across 2 grants). Together the top 7 received $319K.

Grant Size Distribution

21 grants across all recorded years

17<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 21 (81%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Memorial Road Church of Christ Oklahoma City, OKMinisterial Support$173,223
Oklahoma Medical Research Foundatio Oklahoma City, OKGeneral Fund$50,000
Heartbeat for Hope Edmond, OKGeneral Fund$40,000
Oklahoma Christian Universoty Oklahoma City, OKGeneral Fund$20,000
Memorial Road Church of Christ Oklahoma City, OKHarvest Brazil$16,365
Lilyfield Edmond, OKGeneral Fund$10,000
Hope House Oklahoma City, OKGeneral Fund$5,000
Central Missions International Sarasota, FLGeneral Fund$4,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K202020212022202320242025
Metric202520242023
Total Assets$3,084,435$2,729,404$2,337,661
Revenue$711,598$541,992$444,781
Expenses$356,567$150,943$34,220
Qualifying Distributions$321,588$124,000$12,000
Net Investment Income$207,507$102,474$61,803
Distributable Amount$167,357$134,943$109,133

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 3, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 10, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 23, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 25, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS August 18, 2026)
  7. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Jim and Norma Freeman Foundation is led by James W Freeman CHAIRMAN, Chairman on the 2025 filing; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • James W Freeman CHAIRMAN

    Chairman

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Norma J Freeman

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: James W Freeman (2020–2024) — Chairman

Data from IRS Form 990 filings, 2020–2025. "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 Jim and Norma Freeman Foundation

How much does Jim and Norma Freeman Foundation give each year?

Jim and Norma Freeman Foundation gave $319K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $124K across 4 grants.

What is Jim and Norma Freeman Foundation's typical grant size?

Jim and Norma Freeman Foundation's median grant in 2025 was $18,183, and its average grant was $39,886, across 8 grants on its 2025 IRS Form 990-PF.

Where does Jim and Norma Freeman Foundation give grants?

Jim and Norma Freeman Foundation gives mostly in Oklahoma: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Oklahoma City, OK (5 grants) and Edmond, OK (2 grants).

Does Jim and Norma Freeman Foundation give general operating support?

Yes: 75% of Jim and Norma Freeman Foundation's 2025 grants with a stated purpose (6 of 8) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Jim and Norma Freeman Foundation's largest grantees?

Jim and Norma Freeman Foundation's largest 2025 grantees include Memorial Road Church of Christ ($189,588 across 2 grants), Oklahoma Medical Research Foundatio ($50,000) and Heartbeat for Hope ($40,000), according to its 2025 IRS Form 990-PF. Together they received 88% of its itemized 2025 grant dollars.

How large is Jim and Norma Freeman Foundation?

Jim and Norma Freeman Foundation reported $3.1M in total assets on its 2025 IRS Form 990-PF. It paid out $322K in qualifying distributions that year, against a required minimum of $167K (roughly 5% of its investment assets).

What is Jim and Norma Freeman Foundation's EIN?

Jim and Norma Freeman Foundation's EIN (Employer Identification Number) is 46-1487447. IRS Form 990 filing data is available on this page for 2020–2025.

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

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