Malcolm Freeman Charitable Trust

TULSA, OK EIN: 81-6560740

Malcolm Freeman Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.7M

-4.2% YoY

Annual Giving

$365K

+73.8% YoY

Grant Count

7

+133.3% YoY

Avg Grant Size

$52K

-25.5% YoY

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.

About Malcolm Freeman Charitable Trust

Based on IRS filings

Malcolm Freeman Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

DurhamMemphisMiamiOklahoma CityPittsburgRochesterRogersTulsa

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$134K$269K$403K$538K20202021202220232024
Metric202420232022
Total Assets$2,697,460$2,816,912$3,054,796
Revenue$205,908$114,782$93,361
Expenses$488,940$321,360$227,164
Qualifying Distributions$440,000$270,000$182,500
Net Investment Income$186,731$87,057$71,170
Distributable Amount$166,946$162,474$173,801

Giving Over Time

Total grant dollars and number of grants per year

$0$91K$183K$274K$365K6 grants20205 grants20214 grants20223 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

AMERICAN CANCER SOCIETY$110KST JUDE CHILDREN'S RESEA…$90KDUKE UNIVERSITY$50KMAYO CLINIC CENTER$50KINTEGRIS CANCER SOCIETY$25KALZHEIMER'S$20KST MARY'S$20K

Grant Size Distribution

25 grants across all recorded years

13<$50K10$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Cancer Society ($110,000), St Jude Children's Research Hospit ($90,000), Duke University ($50,000).

RecipientPurposeAmount
DUKE UNIVERSITY DURHAM, NCGENERAL DONATION$50,000
MAYO CLINIC CENTER ROCHESTER, MNIDYR RESEARCH$50,000
ST JUDE CHILDREN'S RESEARCH HOSPIT MEMPHIS, TNGENERAL DONATION$90,000
ALZHEIMER'S TULSA, OKGENERAL DONATION$20,000
INTEGRIS CANCER SOCIETY OKLAHOMA CITY, OKGENERAL DONATION$25,000
AMERICAN CANCER SOCIETY TULSA, OKGENERAL DONATION$110,000
ST MARY'S ROGERS, ARGENERAL DONATION$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CAROL ABERNATHYTRUSTEE$75K

From 2024 filing

NameTitleHoursCompensation
CAROL ABERNATHYTRUSTEE$75,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Malcolm Freeman Charitable Trust?

Malcolm Freeman Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. It holds $2.7M in total assets as of 2024.

How large is Malcolm Freeman Charitable Trust?

As of 2024, Malcolm Freeman Charitable Trust holds $2.7M in total assets with $206K in annual revenue. It awarded 7 grants totaling $365K in 2024.

Where does Malcolm Freeman Charitable Trust operate?

Malcolm Freeman Charitable Trust has awarded grants in Arkansas, Kansas, Minnesota, North Carolina, Oklahoma, Tennessee.

What size grants does Malcolm Freeman Charitable Trust award?

In 2024, Malcolm Freeman Charitable Trust awarded 7 grants totaling $365K — an average of about $52K per grant, based on its IRS Form 990 filings.

How much is Malcolm Freeman Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Malcolm Freeman Charitable Trust reported a distributable amount of $167K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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

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