Joseph L and Ray L Freund Foundation

Foundation · Grantmaker Salem, VA EIN: 13-6163058

Joseph L and Ray L Freund Foundation is a private foundation, based in Salem, VA. IRS filing data is available from 2020 through 2022. In 2022, it awarded 18 grants totaling $215K. Net investment income was $26K.

Key facts about Joseph L and Ray L Freund Foundation

EIN: 13-6163058
Latest 990 filing: Form 990-PF, 2022
Annual giving (2022): $214,952
Grants made (2022): 18
Average grant: $11,942
Median grant: $8,500
New grantees (estimate): 28% first-time grantees (5 of 18, 2022)
Primary geography: New York (89% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Joseph L and Ray L Freund Foundation funds

By grant dollars, the top recipient states for Joseph L and Ray L Freund Foundation's 18 itemized 2022 grants were New York (89%) and Massachusetts (8%). The most frequent recipient cities were New York, NY (12 grants) and Roanoke, VA (2 grants). None of its 18 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (17 grants).

Is Joseph L and Ray L Freund Foundation open to new grantees?

28%

first-time grantees, 2022

In 2022, 5 of 18 grantees (28%) were first-time recipients. First grants averaged $16K; repeat grants $10K. How we count

Medians: $14K first-time, $3K repeat.

72% of 2022 grantees were also funded in 2021. Method
In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2022). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$215K

+42.5% YoY

Grant Count

-21.7% YoY

Avg Grant Size

$12K

+82.1% YoY

Under IRS private-foundation payout rules, Joseph L and Ray L Freund Foundation reported a distributable amount of $5K for 2022 — the minimum it must pay out in qualifying distributions.

About Joseph L and Ray L Freund Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $192K (89%)

Massachusetts $17K (8%)

Virginia $5K (2%)

New Hampshire $2K (1%)

Share of all 18 itemized 2022 grant dollars.

States

Connecticut Massachusetts New Hampshire New York Virginia

Cities

New YorkRoanokeFraminghamSalemManchesterWalthamNew Haven

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2022	2021	2020
Total Assets	—	$138,038	$154,288
Revenue	$31,742	$57,154	$58,656
Expenses	$232,144	$153,496	$86,916
Qualifying Distributions	$214,952	$150,814	—
Net Investment Income	$25,567	$56,132	$58,214
Distributable Amount	$4,734	$11,091	$16,868

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2022

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 2022

Grant Size Distribution

60 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest recipients include Uja ($37,435), American Jewish Joint Distribution Comm ($28,773), Jewish Board of Family & Childrens Servi ($27,722).

Recipient	Purpose	Amount
UJA New York, NY	CHARITABLE	$37,435
AMERICAN JEWISH JOINT DISTRIBUTION COMM New York, NY	CHARITABLE	$28,773
JEWISH BOARD OF FAMILY & CHILDRENS SERVI New York, NY	CHARITABLE	$27,722
FUND FOR THE AGED New York, NY	CHARITABLE	$22,622
MET COUNCIL New York, NY	CHARITABLE	$21,000
DOROT New York, NY	CHARITABLECHARITABLECHARITABLE	$15,000
CITY MEALS ON WHEELS New York, NY	CHARITABLE	$15,000
JEWISH FAMILY SERVICE OF METROWEST Framingham, MA	CHARITABLE	$14,000
STANLEY ISAACS CENTER New York, NY	CHARITABLE	$9,000
JASA New York, NY	CHARITABLE	$8,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2022 IRS filing

Name	Title	Hours	Compensation
David J Freund	President	—	—
Elizabeth Freund	Treasurer	—	—
Elizabeth Fideler	Secretary	—	—

Frequently Asked Questions

Where does Joseph L and Ray L Freund Foundation operate?

Joseph L and Ray L Freund Foundation has awarded grants in Connecticut, Massachusetts, New Hampshire, New York, Virginia.

What size grants does Joseph L and Ray L Freund Foundation award?

In 2022, Joseph L and Ray L Freund Foundation awarded 18 grants totaling $215K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Joseph L and Ray L Freund Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Joseph L and Ray L Freund Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Joseph L and Ray L Freund Foundation's EIN?

Joseph L and Ray L Freund Foundation's EIN (Employer Identification Number) is 13-6163058. IRS Form 990 filing data is available on this page for 2020–2022.