Malcolm Freeman Charitable Trust
Malcolm Freeman Charitable Trust is a private foundation, based in Tulsa, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 7 grants totaling $365K. Net investment income was $187K.
Malcolm Freeman Charitable Trust at a glance
In short: Malcolm Freeman Charitable Trust gave $365K across 7 grants in 2024 (avg $52K), top state Oklahoma. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $365,000
- +73.8% vs 2023
- Grants made (2024)
- 7
- +133.3% vs 2023
- Average grant
- $52,143
- -25.5% vs 2023
- Median grant
- $50,000
- Total assets
- $2,697,460
- -4.2% vs 2023
- Primary geography
- Oklahoma (42% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Malcolm Freeman Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was American Cancer Society ($110K). Together the top 7 received $365K.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 13 grants of 25 (52%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
How Malcolm Freeman Charitable Trust gives
- Giving grew 143% from 2021 to 2024. Method
- In 2024 it paid out 264% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $123K (2022) to $365K (2024). In 2024 it made 7 grants totaling $365K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Cancer Society Tulsa, OK | General Donation | $110,000 |
| St Jude Children's Research Hospit Memphis, TN | General Donation | $90,000 |
| Duke University Durham, NC | General Donation | $50,000 |
| Mayo Clinic Center Rochester, MN | Idyr Research | $50,000 |
| Integris Cancer Society Oklahoma City, OK | General Donation | $25,000 |
| Alzheimer's Tulsa, OK | General Donation | $20,000 |
| St Mary's Rogers, AR | General Donation | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,697,460 | $205,908 | $488,940 | $365,000 | 7 | $440,000 | $186,731 | $166,946 |
| 2023 | $2,816,912 | $114,782 | $321,360 | $210,000 | 3 | $270,000 | $87,057 | $162,474 |
| 2022 | $3,054,796 | $93,361 | $227,164 | $122,500 | 4 | $182,500 | $71,170 | $173,801 |
| 2021 | $3,195,826 | $280,328 | $250,426 | $150,000 | 5 | $210,000 | $251,749 | $188,022 |
| 2020 | $3,213,779 | $82,769 | $308,065 | $215,000 | 6 | — | $92,879 | $180,414 |
Under IRS private-foundation payout rules, Malcolm Freeman Charitable Trust reported a distributable amount of $167K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Malcolm Freeman Charitable Trust is led by Carol Abernathy, Trustee on every filing since 2020 — the only officer listed, and compensated.
Officers on the 2024 filing
Carol Abernathy
Trustee
On filings since 2020
$60K (2020) → $75K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $75K, to Carol Abernathy (Trustee).
Frequently asked questions about Malcolm Freeman Charitable Trust
How much does Malcolm Freeman Charitable Trust give each year?
Malcolm Freeman Charitable Trust gave $365K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $210K across 3 grants.
What is Malcolm Freeman Charitable Trust's typical grant size?
Malcolm Freeman Charitable Trust's median grant in 2024 was $50,000, and its average grant was $52,143, across 7 grants on its 2024 IRS Form 990-PF.
Where does Malcolm Freeman Charitable Trust give grants?
Malcolm Freeman Charitable Trust's top state is Oklahoma, with 42% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Tennessee (25%) and North Carolina (14%). The most frequent recipient cities were Tulsa, OK (2 grants).
Does Malcolm Freeman Charitable Trust give general operating support?
Yes: 86% of Malcolm Freeman Charitable Trust's 2024 grants with a stated purpose (6 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Malcolm Freeman Charitable Trust's largest grantees?
Malcolm Freeman Charitable Trust's largest 2024 grantees include American Cancer Society ($110,000), St Jude Children's Research Hospit ($90,000) and Duke University ($50,000), according to its 2024 IRS Form 990-PF. Together they received 68% of its itemized 2024 grant dollars.
How large is Malcolm Freeman Charitable Trust?
Malcolm Freeman Charitable Trust reported $2.7M in total assets on its 2024 IRS Form 990-PF. It paid out $440K in qualifying distributions that year, against a required minimum of $167K (roughly 5% of its investment assets).
What is Malcolm Freeman Charitable Trust's EIN?
Malcolm Freeman Charitable Trust's EIN (Employer Identification Number) is 81-6560740. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Malcolm Freeman Charitable Trust funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Malcolm Freeman Charitable Trust's focus areas in our free grants database
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Malcolm Freeman Charitable Trust down — hundreds of funders to go?