The Fred Foundation
The Fred Foundation is a private foundation, based in Amherst, NH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.6M in total assets. In 2025, it awarded 3 grants totaling $203K. Net investment income was $109K.
The Fred Foundation at a glance
In short: The Fred Foundation gave $203K across 3 grants in 2025 (avg $68K), mostly in Tennessee. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $203,260
- +52.0% vs 2024
- Grants made (2025)
- 3
- +50.0% vs 2024
- Average grant
- $67,753
- +1.4% vs 2024
- Median grant
- $33,260
- Total assets
- $3,640,180
- -2.5% vs 2024
- Primary geography
- Tennessee (74% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated November 2026.
Who The Fred Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Appalachian Baptist Church ($150K). Together the top 3 received $203K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 7 grants of 11 (64%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How The Fred Foundation gives
- Giving grew 164% from 2022 to 2025. Method
- In 2025 it paid out 104% 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 2019 to 2025, annual grant giving ranged from $54K (2020) to $203K (2025). In 2025 it made 3 grants totaling $203K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Appalachian Baptist Church Greeneville, TN | General Support | $150,000 |
| Greenfield Baptist Church Greenfield, MA | General Support | $33,260 |
| Baptist World Missions Decatur, AL | Italy Missionary | $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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,640,180 | $109,054 | $206,174 | $203,260 | 3 | $206,174 | $109,054 | $198,685 |
| 2024 | $3,732,385 | $97,312 | $142,104 | $133,700 | 2 | $137,474 | $95,365 | $165,677 |
| 2023 | $3,590,894 | $193,638 | $70,506 | $65,000 | 2 | $70,506 | $93,638 | $140,697 |
| 2022 | $3,414,942 | $1,748,046 | $78,660 | $77,000 | 2 | $77,000 | $198,046 | $64,952 |
| 2021 | $2,030,801 | $102,313 | $61,549 | $60,000 | 2 | $60,000 | $2 | $75,844 |
| 2020 | $1,857,865 | $66,987 | $56,571 | $54,000 | 2 | — | $48 | $63,118 |
| 2019 | $1,611,084 | $118,777 | $62,813 | $61,000 | 2 | — | $25,406 | $57,831 |
Under IRS private-foundation payout rules, The Fred Foundation reported a distributable amount of $199K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Fred Foundation is led by David Schwanke, President & Treasurer on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
David Schwanke
President & Treasurer
On filings since 2019
2 hrs/week
No compensation reported
Barnabus Schwanke
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Paul Schwanke
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Merrilee Schwanke
V-Presidentsecretary
Vice President & Secretary → V-Presidentsecretary, 2025
On filings since 2019
1.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Fred Foundation
How much does The Fred Foundation give each year?
The Fred Foundation gave $203K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $134K across 2 grants.
What is The Fred Foundation's typical grant size?
The Fred Foundation's median grant in 2025 was $33,260, and its average grant was $67,753, across 3 grants on its 2025 IRS Form 990-PF.
Where does The Fred Foundation give grants?
The Fred Foundation gives mostly in Tennessee: 74% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (16%) and Alabama (10%).
Does The Fred Foundation give general operating support?
Yes: 67% of The Fred Foundation's 2025 grants with a stated purpose (2 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is The Fred Foundation?
The Fred Foundation reported $3.6M in total assets on its 2025 IRS Form 990-PF. It paid out $206K in qualifying distributions that year, against a required minimum of $199K (roughly 5% of its investment assets).
What is The Fred Foundation's EIN?
The Fred Foundation's EIN (Employer Identification Number) is 20-5012358. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated November 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 5, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS September 21, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Fred Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in The Fred Foundation's focus areas in our free grants database
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Figures come from The Fred Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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