Joseph L and Ray L Freund Foundation
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.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$215K
+42.5% YoY
Grant Count
18
-21.7% YoY
Avg Grant Size
$12K
+82.1% YoY
About Joseph L and Ray L Freund Foundation
Based on IRS filings
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.
Ready to take the next step with Joseph L and Ray L Freund Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| 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 |
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
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID J FREUND | PRESIDENT | — | — |
| ELIZABETH FREUND | TREASURER | — | — |
| ELIZABETH FIDELER | SECRETARY | — | — |
Related Funders
Similar funders by location and focus area
Wolf Family Charitable Trust
OAKTON, VA
Assets
$385K
Grants
5
Total Given
$189K
Stone Ridge Foundation
ALTAVISTA, VA
Assets
$6.4M
Grants
2
Total Given
$15K
Lawrence and Ira Straus Charitable Tr
ARLINGTON, VA
Assets
$236K
Grants
12
Total Given
$8K
Iraqi Children Foundation Inc
FAIRFAX, VA
Assets
$101K
Grants
2
Total Given
$610K
Mjh Foundation
VIRGINIA BEACH, VA
Assets
$46.5M
Grants
1
Total Given
$1.9M
The Roth Family Foundation
ARLINGTON, VA
Assets
$67K
Grants
1
Total Given
$25K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Joseph L and Ray L Freund Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities