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Freed Foundation Inc. is a private corporation based in STUART, FL. The foundation received its IRS ruling in 1955. The principal officer is Elizabeth Freed. It holds total assets of $15.2M. Annual income is reported at $4.5M. Total assets have decreased from $18.7M in 2011 to $14.9M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York, New Jersey and Florida. According to available records, Freed Foundation Inc. has made 37 grants totaling $3.3M, with a median grant of $43K. The foundation has distributed between $753K and $1.7M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.7M distributed across 12 grants. Individual grants have ranged from $3K to $635K, with an average award of $90K. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in Florida, Maryland, New Jersey, which account for 68% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$30K
Average Grant
$44K
Largest Grant
$114K
Based on 20 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Freed Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in FL, MD, NJ.
Freed Foundation Inc. has distributed a total of $3.3M across 37 grants. The median grant size is $43K, with an average of $90K. Individual grants have ranged from $3K to $635K.
Freed Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The freed foundation grants awards to tax-exempt organizations that do work on issues associated with science, mental health and animal welfare. The foundation may consider grant awards to organizations working on other issues.
Freed Foundation Inc. is headquartered in STUART, FL. While based in FL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elizabeth Freed | President | $120K | $0 | $120K |
| Nicole Buccino | BOARD MEMBER | $0 | $0 | N/A |
| Nicholas A Dotoli | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$978K
Total Assets
$14.9M
Fair Market Value
$20.6M
Net Worth
$14.9M
Grants Paid
$753K
Contributions
N/A
Net Investment Income
$1.9M
Distribution Amount
$931K
Total: $13.8M
Total Grants
37
Total Giving
$3.3M
Average Grant
$90K
Median Grant
$43K
Unique Recipients
29
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Community Foundation Of McUNLIMITED USE | Stuart, FL | $635K | 2023 |
| The Crossroads ClubUNLIMITED USE | Delray Beach, FL | $45K | 2023 |
| Friends Of Macarthur Beach State PaUNLIMITED USE | North Palm Beach, FL | $43K | 2023 |
| Filipino American Community DevelopUNLIMITED USE | Toms River, NJ | $15K | 2023 |
| Toms River South Diamond ClubUNLIMITED USE | Beachwood, NJ | $15K | 2023 |
| Medstar HealthUNLIMITED USE | Columbia, MD | $500K | 2022 |
| Cleveland Clinic Indian River HospiUNLIMITED | Vero Beach, FL | $150K | 2022 |
| Hibiscus Children'S Center IncUNLIMITED | Jensen Beach, FL | $100K | 2022 |
| Smart Recovery UsaUNLIMITED | Mentor, OH | $56K | 2022 |
| After Adoption Counseling IncUNLIMITED | Delray Beach, FL | $15K | 2022 |
| Boca Helping Hands IncEXPANSION OF COLD STORAGE FACILITY FOR FEEDING PROGRAM; RENT/UTILITY PAYMENTS FOR FAMILIES AFFECTED BY COVID | Boca Raton, FL | $114K | 2020 |
| Bethesda Hospital FoundationCOVID FUND | Boynton Beach, FL | $100K | 2020 |
| Animal Medical CenterGift of Love Campaign | New York, NY | $100K | 2020 |
| Family ConnectionsMENTAL HEALTH/SUBSTANCE ABUSE COUNSELOR BLOOMFIELD HIGH SCHOOL | Orange, NJ | $75K | 2020 |
| Ymca Of Greater Monmouth CountyRESPONSE EFFORTS DURING COVID | Shrewsbury, NJ | $60K | 2020 |
| BideaweeGENERAL SUPPORT | New York, NY | $50K | 2020 |
| North Shore Animal League AmericaCOVID-19 RELIEF EFFORTS/ZIGGY'S FUND | Port Washington, NY | $50K | 2020 |
| Community Hope IncMental health initiative | Parsippany, NJ | $50K | 2020 |
| Hmh Carrier ClinicEQUINE THERAPY PROGRAM AT THE FREED BARN | Belle Meade, NJ | $36K | 2020 |
| Search And CareCARING FOR THE ELDERLY IN THEIR HOMES | New York, NY | $30K | 2020 |
| National Audubon SocietyCOVID-19 RELIEF FUNDING | New York, NY | $30K | 2020 |
| Merlins Kids3 SERVICE DOGS FOR 3 SPECIAL CHILDREN | Midland Park, NJ | $30K | 2020 |
| Centra State HealthcareTELEMEDICINE COMPUTERS | Freehold, NJ | $29K | 2020 |
| Monmouth University Honors SchoolACADEMIC AWARDS/SUPPORT FOR UNDERGRADUATE RESEARCH AND CREATIVE PROJECTS | West Long Branch, NJ | $25K | 2020 |
| Training Institute For Mental HealthTELEHEALTH SERVICES FOR TEENS AND YOUNG ADULTS | New York, NY | $20K | 2020 |
| Woodstock Farm SanctuaryGENERAL SUPPORT RELIEF DUE TO COVID-19 | Highfalls, NY | $20K | 2020 |
| Filipino American Community & Development CenterCOVID RELIEF FOR MEMBERS | Toms River, NJ | $20K | 2020 |
| Centre CollegeMENTAL HEALTH COUNSELING/CENTRE HAPPINESS | Danville, KY | $17K | 2020 |
| CandidGENERAL SUPPORT | New York, NY | $3K | 2020 |