The Freeman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEEDHAM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $570K in total assets. In 2024, it awarded 14 grants totaling $34K. Net investment income was $82K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$570K
+2.7% YoY
Annual Giving
$34K
+38.3% YoY
Grant Count
14
+100.0% YoY
Avg Grant Size
$2K
-30.9% YoY
Under IRS private-foundation payout rules, The Freeman Family Foundation reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.
About The Freeman Family Foundation
Based on IRS filings
The Freeman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEEDHAM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $570K in total assets. In 2024, it awarded 14 grants totaling $34K. Net investment income was $82K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $569,535 | $554,812 | $518,234 |
| Revenue | $85,131 | $65,423 | $36,574 |
| Expenses | $38,944 | $29,460 | $88,764 |
| Qualifying Distributions | $34,227 | $24,750 | $82,750 |
| Net Investment Income | $81,905 | $35,423 | $33,435 |
| Distributable Amount | $28,817 | $26,906 | $29,109 |
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
41 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Svaroopa Vidya Ashram ($12,000), Bates College ($10,000), Noble and Greenough School ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BATES COLLEGE LEWISTON, ME | EDUCATION | $10,000 |
| BETH ISRAEL DEACONESS HOSPITAL BOSTON, MA | MEDICAL | $1,000 |
| TEMPLE ISRAEL SAN DIEGO, CA | RELIGIOUS | $1,000 |
| NOBLE AND GREENOUGH SCHOOL DEDHAM, ME | EDUCATION | $5,000 |
| SVAROOPA VIDYA ASHRAM DOWNINGTON, PA | EDUCATION | $12,000 |
| KELLOGG SCHOOL OF MANAGEMENT EVANSTON, IL | EDUCATION | $25 |
| THE COURAGEOUS PARENTS NETWORK INC NEWTON, MA | MEDICAL | $5,000 |
| THE PARK SCHOOL BROOKLINE, MA | EDUCATION | $25 |
| AMERICAN FRIENDS OF TEL AVIV UNIVERSITY NEW YORK, NY | EDUCATION | $18 |
| JEWISH NATIONAL FUND - USA NEW YORK, NY | EDUCATION | $18 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SCOTT D FREEMAN | TRUSTEE | — | — |
| KRISTINE M FREEMAN | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Freeman Family Foundation?
The Freeman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEEDHAM, MA. It holds $570K in total assets as of 2024.
How large is The Freeman Family Foundation?
As of 2024, The Freeman Family Foundation holds $570K in total assets with $85K in annual revenue. It awarded 14 grants totaling $34K in 2024.
Where does The Freeman Family Foundation operate?
The Freeman Family Foundation has awarded grants in California, District of Columbia, Illinois, Massachusetts, Maine, New York, Pennsylvania.
What size grants does The Freeman Family Foundation award?
In 2024, The Freeman Family Foundation awarded 14 grants totaling $34K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Freeman Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Freeman Family Foundation reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Freeman Family Foundation's EIN?
The Freeman Family Foundation's EIN (Employer Identification Number) is 87-6258405. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Freeman Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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