Walter Henry Freygang Foundation
The Walter Henry Freygang Foundation is a private foundation based in Akron, Ohio. Incorporated in 1949 in New Jersey and tax-exempt since October 1950, the foundation operates as a 501(c)(3) charitable organization with a focus on grantmaking to qualified nonprofits.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.2M
+6.9% YoY
Annual Giving
$700K
-4.8% YoY
Grant Count
83
-2.4% YoY
Avg Grant Size
$8K
-2.5% YoY
Mission & Focus Areas
The foundation supports a range of charitable purposes. Based on its grantmaking activity, the foundation has demonstrated funding interests in:
- Family services
- Youth development
- Education
- General charitable support
Grantmaking
Contact information for inquiries:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Ohio, with a particular concentration in the Akron area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Financial Position (2024):
- Total Assets: $6,207,161
- Total Revenue: $1,200,000
- Total Expenses: $798,000
- Total Liabilities: $0
Financial Position (2021):
- Total Assets: $6,117,176
The foundation maintains a strong financial position with no outstanding liabilities and consistent asset growth over time.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,207,161 | $5,805,466 | $6,117,176 |
| Revenue | $1,199,829 | $534,711 | $544,550 |
| Expenses | $798,134 | $846,421 | $789,644 |
| Qualifying Distributions | $722,915 | $753,669 | $705,886 |
| Net Investment Income | $1,127,399 | $442,666 | $491,810 |
| Distributable Amount | $656,520 | $632,463 | $680,607 |
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
200 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
Key personnel identified in foundation records include:
- Dale G. Freygang — President/Treasurer
- Katherine A. Freygang — Vice President
- Steven Freygang — Secretary
- James Drennan — Trustee
- Antje Freygang — Trustee
- W. Nicholas F. Freygang — Trustee
- Edward Drennan — Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANTJE FREYGANG | TRUSTEE | 1 | — |
| DALE G FREYGANG | PRES/TREAS | 3 | $150 |
| EDWARD DRENNAN | TRUSTEE | 1 | $150 |
| JAMES DRENNAN | TRUSTEE | 2 | $150 |
| KATHERINE A FREYGANG | VICE PRESIDENT | 1 | — |
| STEVEN FREYGANG | SECRETARY | 1 | $150 |
| MARLEY FREYGANG | TRUSTEE | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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