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
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
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.
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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 | 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
Among its reported 2022 grants, the largest include Uja ($37,435), American Jewish Joint Distribution Comm ($28,773), Jewish Board of Family & Childrens Servi ($27,722).
| Recipient | Purpose | Amount |
|---|---|---|
| DOROT NEW YORK, NY | CHARITABLECHARITABLECHARITABLE | $15,000 |
| PROJECT FIND NEW YORK, NY | CHARITABLE | $2,000 |
| LOA MEALS ON WHEELS ROANOKE, VA | CHARITABLE | $2,000 |
| MET COUNCIL NEW YORK, NY | CHARITABLE | $21,000 |
| UJA NEW YORK, NY | CHARITABLE | $37,435 |
| SALEM FOOD PANTRY SALEM, VA | CHARITABLE | $1,600 |
| BRADLEY FREE CLINIC ROANOKE, VA | CHARITABLE | $1,000 |
| SEARCH & CARE NEW YORK, NY | CHARITABLE | $3,500 |
| JEWISH FAMILY SERVICE OF METROWEST FRAMINGHAM, MA | CHARITABLE | $14,000 |
| GRANITE YMCA MANCHESTER, NH | CHARITABLE | $1,800 |
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 | — | — |
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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