Stable Road Foundation is a private foundation based in Cheyenne, Wyoming, established in 2017. The organization operates with a hands-on approach to philanthropy, emphasizing direct engagement and tangible community impact rather than passive grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
-20.1% YoY
Annual Giving
$439K
-36.9% YoY
Grant Count
16
-48.4% YoY
Avg Grant Size
$27K
+22.3% YoY
Under IRS private-foundation payout rules, Stable Road Foundation reported a distributable amount of $104K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission centers on the motto "feel the impact," reflecting a commitment to rolling up sleeves and delivering real results for real people. The organization focuses on three primary areas:
- Children
- Education
- Environment
The foundation engages with local leaders to understand community needs and partners with organizations both domestically and internationally to empower people to achieve their fullest potential.
Grantmaking
Stable Road Foundation has demonstrated grantmaking activity across multiple focus areas:
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Geographic Focus
Where this funder awards grants
The foundation funds both domestically and internationally. Recent activity indicates support for:
- Hawaii-based initiatives
- California-based programs (including Malibu)
- Local and community-based organizations
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,271,692 | $2,844,521 | $2,419,948 |
| Revenue | $1,174,107 | $861,746 | $183,052 |
| Expenses | $1,153,007 | $911,297 | $240,568 |
| Qualifying Distributions | $1,117,902 | $877,140 | $236,813 |
| Net Investment Income | $1,164,954 | $577,147 | $178,630 |
| Distributable Amount | $104,401 | $137,936 | $144,974 |
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 2024
Grant Size Distribution
135 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Global Empowerment Mission Inc ($300,000), Imua Family Services ($30,000), Create Cures Foundation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASPEN YOUTH CENTER ASPEN, CO | GENERAL OPERATING SUPPORT | $1,000 |
| IMUA FAMILY SERVICES KAHULUI, HI | GENERAL OPERATING SUPPORT | $30,000 |
| Create Cures Foundation Marina Del Rey, CA | general operating support | $25,000 |
| BETH SHALOM ELKINS PARK, PA | GENERAL OPERATING SUPPORT | $1,000 |
| MUSIC ASSOCIATES OF ASPEN INC ASPEN, CO | GENERAL OPERATING SUPPORT | $1,000 |
| USC Verdugo Hills Hospital Foundation Glendale, CA | General Operating Support | $10,000 |
| Neshama Center Aspen, CO | general operating support | $5,000 |
| the buddy program aspen, CO | general operating support | $25,000 |
| Global Empowerment Mission Inc Doral, FL | general operating support | $300,000 |
| MANHATTAN CLASS COMPANY INC NEW YORK, NY | GENERAL OPERATING SUPPORT | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Ed Freedman - Founder of Stable Road Foundation (established 2017). Freedman has been recognized as one of Hawaii's Most Admired Leaders by Pacific Business News and has been profiled in media outlets for his philanthropic work and business background.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDWARD FREEDMAN | PRESIDENT/TREASURER/DIRECTOR | 20 | — |
| KATIE FREEDMAN GOLDSMITH | SECRETARY/DIRECTOR | 4 | — |
| Pablo Rendon | Treasurer/Director | 35 | $210,833 |
| Jason Filardi | DIRECTOR | 4 | — |
| Ken Leonard | DIRECTOR | 5 | — |
Recent News & Activity
Recent developments and announcements
**January 2025**: Stable Road Foundation's LA Fire Relief Efforts were featured on Good Morning America
**May 2025**: Ed Freedman was profiled in Canvas Rebel's "Inspiring Conversations" series, discussing his path to success and philanthropic motivation
**July 2025**: Ed Freedman named to Pacific Business News' Hawaii's Most Admired Leaders list
Stable Road Foundation\u2019s Ed Freedman Named to Pacific Business News\u2019\**Recent Hawaii Initiative**: The foundation made a donation to Hawaii Land Trust and supported the grand opening of Kaiāulu o Kūku'ia in West Maui
Ed Freedman and Stable Road Foundation Make Donation to Hawai ...**Malibu Scholarship Fund**: Helped launch a scholarship fund in Malibu, California
In Malibu, Ed Freedman and Stable Road Foundation Help Launch Scholarship\Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Stable Road Foundation fund?
The foundation's mission centers on the motto "feel the impact," reflecting a commitment to rolling up sleeves and delivering real results for real people. The organization focuses on three primary areas: • **Children** • **Education** • **Environment** The foundation engages with local leaders to understand community needs and partners with organizations both domestically and internationally to empower people to achieve their fullest potential.
How do I apply for a grant from Stable Road Foundation?
Stable Road Foundation has demonstrated grantmaking activity across multiple focus areas: • **International Relief**: $439,181 in total giving • **Scholarships & Student Financial Aid**: Active funder in this category • **Human Service Organizations**: Active funder in this category The foundation's approach emphasizes partnership and collaborative problem-solving rather than transactional grant relationships.
Where does Stable Road Foundation make grants?
The foundation funds both domestically and internationally. Recent activity indicates support for: • Hawaii-based initiatives • California-based programs (including Malibu) • Local and community-based organizations
What size grants does Stable Road Foundation award?
In 2024, Stable Road Foundation awarded 16 grants totaling $439K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is Stable Road Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Stable Road Foundation reported a distributable amount of $104K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Stable Road Foundation's EIN?
Stable Road Foundation's EIN (Employer Identification Number) is 82-5153380. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Stable Road Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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