The Frezados Masius Rieger is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINNETKA, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 31 grants totaling $197K. Net investment income was $244K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
+1.4% YoY
Annual Giving
$197K
+173.2% YoY
Grant Count
31
+63.2% YoY
Avg Grant Size
$6K
+67.5% YoY
Under IRS private-foundation payout rules, The Frezados Masius Rieger reported a distributable amount of $213K for 2024 — the minimum it must pay out in qualifying distributions.
About The Frezados Masius Rieger
Based on IRS filings
The Frezados Masius Rieger is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINNETKA, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 31 grants totaling $197K. Net investment income was $244K.
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 | $2,941,901 | $2,901,534 | — |
| Revenue | $295,241 | $48,752 | — |
| Expenses | $257,506 | $93,133 | — |
| Qualifying Distributions | $203,645 | $72,200 | — |
| Net Investment Income | $243,774 | $28,319 | — |
| Distributable Amount | $213,156 | $197,072 | — |
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
50 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Salisbury School ($55,000), North Shore Country Day School ($25,300), Hyde Park Day School ($24,500).
| Recipient | Purpose | Amount |
|---|---|---|
| DAVID LAWRENCE CENTERS NAPLES, FL | GENERAL | $6,500 |
| HATHAWAY BROWN SCHOOL SHAKER HEIGHTS, OH | GENERAL | $2,500 |
| HYDE PARK DAY SCHOOL CHICAGO, IL | GENERAL | $24,500 |
| METRO SQUAISH CHICAGO, IL | GENERAL | $17,500 |
| MOORINGS PARK FOUNDATION NAPLES, FL | GENERAL | $1,000 |
| NAVY SEAL FOUNDATION VIRGINIA, VA | GENERAL | $2,500 |
| FEED YOUR MIND HIGHLAND PARK, IL | PILOT LIGHT EVENT | $2,500 |
| PITCH YOUR PEERS CHICAGO WINNETKA, IL | GENERAL | $1,175 |
| NEW TRIER FOOD PANTRY WINNETKA, IL | GENERAL | $1,000 |
| NORTH SHORE COUNTRY DAY SCHOOL WINNETKA, IL | GENERAL | $25,300 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KIMBERLY FREZADOS | TRUSTEE | 0.5 | — |
| KATHRYN K RIEGER | TRUSTEE | 0.5 | — |
| MICHAEL MASIUS | TRUSTEE | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Frezados Masius Rieger?
The Frezados Masius Rieger is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINNETKA, IL. It holds $2.9M in total assets as of 2024.
How large is The Frezados Masius Rieger?
As of 2024, The Frezados Masius Rieger holds $2.9M in total assets with $295K in annual revenue. It awarded 31 grants totaling $197K in 2024.
Where does The Frezados Masius Rieger operate?
The Frezados Masius Rieger has awarded grants in Connecticut, Florida, Illinois, Missouri, Ohio, Virginia, Wisconsin.
What size grants does The Frezados Masius Rieger award?
In 2024, The Frezados Masius Rieger awarded 31 grants totaling $197K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The Frezados Masius Rieger required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Frezados Masius Rieger reported a distributable amount of $213K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Frezados Masius Rieger's EIN?
The Frezados Masius Rieger's EIN (Employer Identification Number) is 92-0244624. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in The Frezados Masius Rieger'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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