Malcolm Freeman Charitable Trust
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.
Key facts about Malcolm Freeman Charitable Trust
In short: Malcolm Freeman Charitable Trust gave $365K across 7 grants in 2024 (avg $52K), top state Oklahoma. Source: 2024 IRS Form 990-PF.
- EIN
- 81-6560740
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $365,000
- Grants made (2024)
- 7
- Average grant
- $52,143
- Median grant
- $50,000
- Total assets
- $2,697,460
- Primary geography
- Oklahoma (42% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Quick answers 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).
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.
Next steps with Malcolm Freeman Charitable Trust
- How to evaluate Malcolm Freeman Charitable Trust as a funder
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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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 7 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
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 |
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
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.
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 September 2026. Sourced from IRS Form 990-PF filings.