The Freeman Foundation
The Freeman Foundation is a private foundation established in 1993 to fulfill the philanthropic vision of Mansfield Freeman. Based in New York, NY, with additional offices in Honolulu, Hawaii and Stowe, Vermont, the foundation has distributed hundreds of millions of dollars globally. The foundation operates with a notably lean organizational structure, with family members personally reviewing applications and conducting site visits rather than employing traditional program officers.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$371.5M
+3.6% YoY
Annual Giving
$20.4M
+7.0% YoY
Grant Count
95
+37.7% YoY
Avg Grant Size
$215K
-22.3% YoY
Mission & Focus Areas
The Freeman Foundation pursues a dual mission:
Strengthening U.S.-East Asia Relations: Supporting educational and cultural exchange programs that build bonds between the United States and East Asia through Asian studies and educational initiatives
Environmental Conservation: Preserving Vermont's natural resources, including forests, farmlands, and waterways
Grantmaking
No public application process. The foundation operates on a partnership-based model, with family members personally reviewing applications and conducting site visits.
Grant Range
$3,000 - $7,400,000
How to Apply
**
Ready to take the next step with The Freeman Foundation?
Geographic Focus
Where this funder awards grants
- Vermont: Environmental grants focused on natural resource preservation
- National: Asian studies grants distributed across the United States
- International: Programs supporting U.S.-East Asia educational and cultural exchange
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $371,529,701
- Total revenue: $38,663,294
- Total expenses: $26,302,463
- Net income: $12,360,831
- Total liabilities: $7,120
Tax Status:
- EIN: 13-2965090
- 501(c)(3) organization
- Tax-exempt since January 1979
- Files Form 990-PF annually
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $371,529,701 | $358,789,461 | $343,347,503 |
| Revenue | $38,663,294 | $40,170,636 | $10,569,405 |
| Expenses | $26,302,463 | $24,212,294 | $23,594,195 |
| Qualifying Distributions | $22,677,570 | $21,056,242 | $21,511,110 |
| Net Investment Income | $35,328,667 | $37,131,797 | $8,738,701 |
| Distributable Amount | $23,702,407 | $20,486,973 | $20,538,897 |
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
103 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Graeme Freeman: Trustee, Executive Director, and President ($425,000 compensation, 2023)
- Juefei Wang: Program Director ($171,055 compensation, 2024)
- Robin Sato: Director/Office Manager ($104,351 compensation, 2024)
- Shereen Goto: Director of Operations and Programs (2024)
The foundation employs 7 staff members.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GRAEME FREEMAN | TRUSTEE,PRESIDENT | 40 | $425,000 |
| DAVID R STACK | TRUSTEE | 5 | $306,299 |
| GEORGE S TSANDIKOS | TRUSTEE | 5 | $306,299 |
| SHEREEN GOTO | DIRECTOR | 40 | $188,576 |
| JUEFEI WANG | DIRECTOR | 40 | $171,055 |
| ALEC FREEMAN | DIRECTOR | 40 | $117,394 |
| ROBIN SATO | DIRECTOR | 40 | $104,351 |
Related Funders
Similar funders by location and focus area
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
1
Total Given
$500
Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
58
Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Freeman Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities