The Frees Foundation
The Frees Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available for 2020. In 2020, it awarded 1 grants totaling $4.0M. Net investment income was $60K.
Financial Overview
From 2020 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$4.0M
Grant Count
1
Avg Grant Size
$4.0M
Under IRS private-foundation payout rules, The Frees Foundation reported a distributable amount of $112K for 2020 — the minimum it must pay out in qualifying distributions.
About The Frees Foundation
Based on IRS filings
The Frees Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available for 2020. In 2020, it awarded 1 grants totaling $4.0M. Net investment income was $60K.
Ready to take the next step with The Frees Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2020 |
|---|---|
| Total Assets | — |
| Revenue | $153,614 |
| Expenses | $4,205,266 |
| Qualifying Distributions | — |
| Net Investment Income | $59,772 |
| Distributable Amount | $112,006 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2020
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2020 grants, the largest include See Attached Statement 2 ($3,967,932).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED STATEMENT 2 HOUSTON, TX | SEE STMT 2 | $3,967,932 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2020 IRS filing
From 2020 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NANCY F FOUNTAIN | MNG DIR | 40 | $139,750 |
| EDMUND M FOUNTAIN | PRES/TRS | 5 | — |
| ESTHER M PERRINE | VICE-PRES | 5 | — |
Frequently Asked Questions
Where does The Frees Foundation operate?
The Frees Foundation has awarded grants in Texas.
What size grants does The Frees Foundation award?
In 2020, The Frees Foundation awarded 1 grants totaling $4.0M — an average of about $4.0M per grant, based on its IRS Form 990 filings.
How much is The Frees Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, The Frees Foundation reported a distributable amount of $112K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Frees Foundation's EIN?
The Frees Foundation's EIN (Employer Identification Number) is 76-0053200. IRS Form 990 filing data is available on this page for 2020.
Explore Open Grants
Browse active grant opportunities in The Frees 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.