The Fred Foundation
AMHERST, NH EIN: 20-5012358
Financial Overview
From 2024 IRS Form 990-PF
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
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Fred Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID SCHWANKE | PRESIDENT AND TREASURER | 2 | — |
| MERRILEE SCHWANKE | VICE PRES AND SECRETARY | 1.5 | — |
| PAUL SCHWANKE | DIRECTOR | 0.5 | — |
| BARNABAS SCHWANKE | DIRECTOR | 0.25 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
North Carolina $114K (29%)
Massachusetts $98K (25%)
New Hampshire $90K (23%)
Virginia $36K (9%)
Maine $27K (7%)
Pennsylvania $25K (6%)
Cities
AmherstChesapeakeLattimoreMifflinburgOstervilleSanford
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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