The Fred Foundation

AMHERST, NH EIN: 20-5012358

The Fred Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AMHERST, NH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 2 grants totaling $134K. Net investment income was $95K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.7M

+3.9% YoY

Annual Giving

$134K

+105.7% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$67K

+105.7% YoY

About The Fred Foundation

Based on IRS filings

The Fred Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AMHERST, NH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 2 grants totaling $134K. Net investment income was $95K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AmherstChesapeakeLattimoreMifflinburgOstervilleSanford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$481K$961K$1M$2M20202021202220232024
Metric202420232022
Total Assets$3,732,385$3,590,894$3,414,942
Revenue$97,312$193,638$1,748,046
Expenses$142,104$70,506$78,660
Qualifying Distributions$137,474$70,506$77,000
Net Investment Income$95,365$93,638$198,046
Distributable Amount$165,677$140,697$64,952

Giving Over Time

Total grant dollars and number of grants per year

$0$33K$67K$100K$134K2 grants20202 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

AMBASSADOR BAPTIST COLLEGE$84KFUNDAMENTAL BAPTIST MISS…$50K

Grant Size Distribution

10 grants across all recorded years

7<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID SCHWANKEPRESIDENT AND TREASURER2
MERRILEE SCHWANKEVICE PRES AND SECRETARY1.5
PAUL SCHWANKEDIRECTOR0.5
BARNABAS SCHWANKEDIRECTOR0.25

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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