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Freedom Together Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2012. It holds total assets of $3.4B. Annual income is reported at $2.3B. Total assets have grown from $42.4M in 2011 to $3.4B in 2024. The foundation is governed by 13 officers and trustees. Tax records are available from 2015 to 2024. Grantmaking is concentrated in United States. According to available records, Freedom Together Foundation has made 1,879 grants totaling $1.5B, with a median grant of $500K. Annual giving has grown from $318.3M in 2021 to $470M in 2024. Grantmaking activity was highest in 2022 with $718.7M distributed across 852 grants. Individual grants have ranged from $1K to $16M, with an average award of $804K. The foundation has supported 603 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, California, which account for 68% of all grants. Grantmaking reaches organizations across 41 states. Contributions to this foundation are tax-deductible.
Freedom Together Foundation operates as a strictly invitation-only funder — one of the most influential progressive grantmakers in the United States with $3.36 billion in assets and $469.97 million in annual giving as of FY2024. The foundation does not accept unsolicited proposals under any circumstances; all grantees are preselected by program staff, and the application instructions on file explicitly state "none."
The foundation's giving philosophy centers on the conviction that democracy is built from the bottom up, not conferred from above. President Deepak Bhargava, who assumed leadership in February 2024, has articulated a movement-building framework that consistently prioritizes organizations led by and accountable to working-class communities of color. This is not a funder interested in isolated service delivery or discrete deliverables — the ideal grantee can articulate how their work shifts power at scale and connects to a broader ecosystem of social change.
The historical grantee roster reveals a clear preference for specific organizational types. Top recipients — Rockefeller Philanthropy Advisors ($55.15M across 25 grants), New Venture Fund ($38.75M across 41 grants), and Blue Meridian Partners ($47.88M across 3 grants) — reflect the foundation's comfort with large fiscal sponsors, collaborative funds, and field intermediaries. Alongside these infrastructure grantees sit direct-service advocacy organizations like Planned Parenthood Federation ($19.5M across 6 grants), Equal Justice Initiative ($17M across 3 grants), and Community Change ($16M across 7 grants). First-time applicants have the strongest pathway in through aligned field networks, collaborative funding tables the foundation seeds, or direct relationship with program staff.
A significant structural shift since 2024 has been the pivot toward general operating support, which grew from 15% to 37% of total grants in 2025. For organizations with strong organizational health and demonstrated field impact, general operating support is now the preferred grant type. New grantees made up 42% of the 530+ grants issued in 2025, signaling genuine portfolio expansion — but the pathway in remains relationship-driven, not application-driven.
The relationship cycle typically begins at the field level: presenting at convenings where foundation staff are active, being recommended by a current grantee, or surfacing through collaborative funding tables like the Families and Workers Fund, Voter Engagement Fund, or Climate and Clean Energy Equity Fund, all of which Freedom Together has seeded with multimillion-dollar investments. Prospective applicants should prioritize being visible and credible in these fields before expecting any outreach.
Freedom Together Foundation's grantmaking has grown dramatically over its 13-year history. Total giving in FY2024 reached $469.97 million — a 31% increase from FY2023's $424 million, a 79% increase from FY2022's $359.35 million, and a 213% increase from FY2019's $261.9 million. The FY2015 payout was $149.2 million, meaning the foundation's annual grantmaking has more than tripled in a decade. Across 428 grants with complete data, the median grant is $500,000, the average is $743,783, and the range spans from $1,000 to $15,961,350. Total documented giving across 1,879 tracked grants reaches $1.507 billion.
The largest individual recipient relationships are transformative in scale. Rockefeller Philanthropy Advisors has received $55.15 million across 25 grants, funding collaborative vehicles including the Just Transition Fund, Pop Culture Collaborative, Climate Legal Defense Fund, and CARE Fund. Blue Meridian Partners received $47.88 million across just 3 grants, illustrating the foundation's willingness to make very large bets on high-leverage intermediaries. New Venture Fund has received $38.75 million across 41 grants funding voter engagement, census equity, redistricting, clean energy equity, and housing funds. These top relationships suggest grant cycles of 2-5 years with substantial multi-year commitments.
Geographic concentration skews heavily toward national advocacy hubs. New York organizations received the largest documented share (549 grants), followed by Washington D.C. (438), California (284), Massachusetts (131), Illinois (60), and Virginia (38). This distribution reflects a preference for national policy infrastructure and city-level organizing rather than rural or small-state field operations — though specific grants to Heartland Fund, NY Renews, and Four Freedoms Fund Texas network signal intentional geographic reach-out.
By program area, democracy and civic infrastructure dominates: redistricting, voter engagement, election security, immigrant civic engagement, and anti-poverty policy absorb the largest share. Environmental justice and climate equity form a clear second pillar — Windward Fund ($28.5M+), Movement Strategy Center ($25.95M+), Grid Alternatives ($9M), and Earthjustice ($7.5M). Reproductive health and medical research anchor a consistent third through Planned Parenthood ($19.5M+), Harvard ($17.69M), MIT ($20.67M), and Columbia ($8.3M). Community and worker power — Center for Community Change ($19.8M) and Center on Budget and Policy Priorities ($10.35M) — complete the portfolio.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Freedom Together Foundation | $3.36B | $470M (FY2024) | Democracy, racial & gender justice, movement building, reproductive health | Invitation only |
| James Irvine Foundation | $3.39B | ~$140M est. | CA workforce development, arts, civic engagement | LOI accepted |
| Moody Foundation | $3.53B | ~$100M est. | TX education, arts, health, environment | LOI with inquiry form |
| Margaret A. Cargill Foundation | $3.27B | ~$200M est. | Arts, environment, giving circles (national) | Invitation only |
| Koum Family Foundation | $3.30B | Undisclosed | Privacy, civil society, technology access | Undisclosed process |
Freedom Together stands apart from its asset-class peers in two critical dimensions: payout rate and strategic coherence. While most foundations in the $3-4 billion range maintain a 5-6% annual payout, Freedom Together committed to a 10%+ payout in 2025 and signed the CHANGE Philanthropy Level Up pledge to maintain at least 8% going forward — making it one of the highest-payout foundations in the country at this asset level. James Irvine restricts all funding to California-based organizations, and Moody concentrates almost entirely on Texas. Freedom Together's national scope with explicit progressive movement infrastructure focus gives it a distinctly broader and more politically coherent footprint than either. Margaret A. Cargill Foundation operates comparably at scale but focuses on very different program areas (arts, environment, spiritual life). Among this peer set, Freedom Together is the most programmatically explicit in its mission and the most structurally aligned with the national social movement ecosystem.
The foundation's most consequential recent development is its December 2024 rebranding from the JPB Foundation — a name derived from co-founder Jeffry Picower — to Freedom Together Foundation. President Deepak Bhargava, who assumed leadership on February 15, 2024, framed the name change as a deliberate break from foundation-as-donor-legacy toward a movement-aligned identity that reflects the work rather than the funder.
In December 2025, the foundation announced Venus Phillips as its next Chief Investment Officer, succeeding Gerald C. McNamara, who had earned $1.7 million annually and managed the endowment's growth from $2.75 billion (FY2023) to $3.36 billion (FY2024). Phillips brings private sector and philanthropic investment expertise and is expected to continue the aggressive payout strategy.
The Courage Project launched in May 2025 as a new recognition initiative, with the fourth slate of 12 honorees announced in June 2025. Honorees included Arizona volunteer networks providing humanitarian assistance to migrants and a wildfire survivor running community meals — signaling an interest in frontline visibility that extends beyond financial grantmaking.
In December 2025, Freedom Together signed CHANGE Philanthropy's Level Up pledge, committing to a minimum 8% payout rate. Bhargava's President's Letters throughout 2025 and into early 2026 — including "How Do We Build a Super-Majority for Democracy?" (November 2025) and "Philanthropy's Role in a Time of Crisis" (February 20, 2026) — consistently telegraph urgency and resistance framing. Minnesota coalition-building was featured in two consecutive letters in January and February 2026, positioning the state as a model for the foundation's emerging rapid-response and multiracial organizing investments.
Since Freedom Together Foundation does not accept unsolicited proposals, conventional grant-writing advice is largely irrelevant. The following tips address the reality of a relationship-driven, invitation-only funder.
Embed yourself in the collaborative funds it seeds. Freedom Together has co-invested in over a dozen collaborative vehicles — the Voter Engagement Fund, Climate and Clean Energy Equity Fund, Four Freedoms Fund, Families and Workers Fund, Hive Fund, Heartland Fund, and others. Joining these as a member organization, applying through them, or being recognized at their convenings puts your organization inside the network where FTF program staff are active.
Current grantees are the fastest pathway in. Organizations like Community Change, New Venture Fund, Windward Fund, Amalgamated Charitable Foundation, and Tides Foundation all serve as intermediaries and fiscal sponsors for the foundation's work. Partnering with or receiving sub-grants through one of these organizations signals field alignment and credibility to FTF staff.
Use the foundation's vocabulary authentically. FTF's framing is specific: "building power," "multiracial democracy," "movement infrastructure," "working-class communities," "shifting power to BIPOC leaders." Use this language in public materials, annual reports, and field convenings where staff may observe your work — but only where it accurately reflects what your organization does.
Pursue general operating support positioning. The foundation's shift from 15% to 37% general operating support grants means it now prefers funding organizational capacity over project deliverables. Strong financials, transparent governance, a clear member/constituency base, and documented wins make your organization a credible general operating support candidate.
LGBTQ+ is a newly active track. The foundation explicitly stated LGBTQ+ rights as a newly prioritized funding area beginning in late 2024. Organizations doing LGBTQ+ work within democracy, immigrant rights, or reproductive health frames should make this intersection explicit in any outreach.
Contact is appropriate but not a shortcut. Send a brief, honest inquiry to info@freedomtogether.org or call (212) 935-9860. Name your work, your field position, organizational track record, and budget. The goal is to be remembered when program staff begin proactively identifying new grantees — not to force a proposal review.
When invited, expect only 8 application questions (down from 43 prior to the 2024-2025 reforms). Prioritize clarity, evidence, and directness over length. Grant approval timelines have been shortened by 40%, suggesting staff value efficiency.
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Smallest Grant
$1K
Median Grant
$500K
Average Grant
$744K
Largest Grant
$16M
Based on 428 grants from the most recent 990-PF filing.
Supporting efforts to expand multiracial democracy by protecting and strengthening basic democratic institutions and rights
Investing in membership organizations like unions and grassroots groups to help people build the power to achieve their goals
Supporting leadership development, capacity building, narrative change strategies, and technological innovation for social movements
Funding creative organizing approaches that foster community connection and unite diverse coalitions for democracy
Longstanding support for reproductive health initiatives, medical research, and selected local community projects
Freedom Together Foundation's grantmaking has grown dramatically over its 13-year history. Total giving in FY2024 reached $469.97 million — a 31% increase from FY2023's $424 million, a 79% increase from FY2022's $359.35 million, and a 213% increase from FY2019's $261.9 million. The FY2015 payout was $149.2 million, meaning the foundation's annual grantmaking has more than tripled in a decade. Across 428 grants with complete data, the median grant is $500,000, the average is $743,783, and the ran.
Freedom Together Foundation has distributed a total of $1.5B across 1,879 grants. The median grant size is $500K, with an average of $804K. Individual grants have ranged from $1K to $16M.
Freedom Together Foundation operates as a strictly invitation-only funder — one of the most influential progressive grantmakers in the United States with $3.36 billion in assets and $469.97 million in annual giving as of FY2024. The foundation does not accept unsolicited proposals under any circumstances; all grantees are preselected by program staff, and the application instructions on file explicitly state "none." The foundation's giving philosophy centers on the conviction that democracy is b.
Freedom Together Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 41 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| GERALD C MCNAMARA | CIO | $1.2M | $79K | $1.3M |
| APRIL C FREILICH | COO, EX. VP (THRU 12/13/24) | $934K | $79K | $1M |
| DEEPAK BHARGAVA | PRESIDENT/VICE CHAIR (FROM 2/15/24) | $785K | $63K | $848K |
| DEEPAK PATERIYA | SVP, STRATEGY & MGMT (FROM 2/6/24) | $376K | $69K | $444K |
| DANIEL ALTSCHULER | TREASURER (FROM 12/13/24) | $347K | $19K | $365K |
| RAKIM BROOKS | GENERAL COUNSEL (FROM 5/15/24) | $217K | $46K | $263K |
| BARBARA PICOWER | PRESIDENT EMERITA/CHAIR (FROM 2/15/24) | $71K | $54K | $126K |
| ALAN JENKINS | TRUSTEE (FROM 1/19/24) | $35K | $0 | $35K |
| HAHRIE HAN | TRUSTEE (FROM 1/1/24) | $35K | $0 | $35K |
| KIERRA JOHNSON | TRUSTEE (FROM 1/1/24) | $35K | $0 | $35K |
| CECILIA MUNOZ | TRUSTEE (FROM 1/1/24) | $35K | $0 | $35K |
| SUSAN C FRUNZI | TRUSTEE | $0 | $0 | N/A |
| MARY KAY HENRY | TRUSTEE (FROM 1/1/24) | $0 | $0 | N/A |
Total Giving
$470M
Total Assets
$3.4B
Fair Market Value
$4.1B
Net Worth
$3.4B
Grants Paid
$470M
Contributions
$1.2M
Net Investment Income
$1.1B
Distribution Amount
$186.8M
Total: $1.9B
Total Grants
1,879
Total Giving
$1.5B
Average Grant
$804K
Median Grant
$500K
Unique Recipients
603
Most Common Grant
$500K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| BLUE MERIDIAN PARTNERS INCBLUE MERIDIAN PARTNERS: GENERAL PARTNERSHIP RECOMMITMENT | NEW YORK, NY | $14M | 2024 |
| AMALGAMATED CHARITABLE FOUNDATION INCSOLIDARITY FUND | WASHINGTON, DC | $12.5M | 2024 |
| MOVEMENT STRATEGY CENTERENERGY EFFICIENCY FOR ALL | OAKLAND, CA | $8M | 2024 |
| VOTER REGISTRATION PROJECTGENERAL OPERATING SUPPORT | WASHINGTON, DC | $8M | 2024 |
| COMMUNITY CHANGETOWARD A FREEDOM TO THRIVE | WASHINGTON, DC | $7M | 2024 |
| NEW VENTURE FUNDTRUSTED ELECTIONS FUND | WASHINGTON, DC | $6.3M | 2024 |
| WINDWARD FUNDADVANCING ENVIRONMENTAL JUSTICE THROUGH THE FUND TO BUILD GRASSROOTS POWER | WASHINGTON, DC | $6.2M | 2024 |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGYTHE PICOWER INSTITUTE INNOVATION FUND (PIIF) | CAMBRIDGE, MA | $5.5M | 2024 |
| BRIDGESPAN GROUP INCBRIDGESPAN KNOWLEDGE & INNOVATION FUND | BOSTON, MA | $5M | 2024 |
| BEND THE ARC A JEWISH PARTNERSHIP FOR JUSTICEYOUTH ORGANIZING FOR CLIMATE ACTION AND RACIAL EQUITY | NEW YORK, NY | $5M | 2024 |
| EQUAL JUSTICE INITIATIVECHANGING THE NARRATIVE: RACIAL JUSTICE REFORM IN AMERICA | MONTGOMERY, AL | $5M | 2024 |
| FOUNDATION FOR CITY COLLEGELEADERSHIP FOR DEMOCRACY AND SOCIAL JUSTICE | NEW YORK, NY | $5M | 2024 |
| ROCKEFELLER PHILANTHROPY ADVISORS INCCOLLABORATIVE FOR GENDER + REPRODUCTIVE EQUITY | NEW YORK, NY | $5M | 2024 |
| CENTER FOR AMERICAN PROGRESSSTRENGTHENING DEMOCRACY BY ADVANCING ECONOMIC AND RACIAL JUSTICE | WASHINGTON, DC | $5M | 2024 |
| HARLEM CHILDREN'S ZONE INCECONOMIC MOBILITY | NEW YORK, NY | $4.5M | 2024 |
| CENTER ON BUDGET AND POLICY PRIORITIESADVANCING STRATEGIES TO REDUCE POVERTY AND INCREASE OPPORTUNITY | WASHINGTON, DC | $4.5M | 2024 |
| ELEVATE ENERGYNATIONAL APPROACH TO SCALING EFFICIENCY IN AFFORDABLE HOUSING | CHICAGO, IL | $4.5M | 2024 |
| TRUST FOR PUBLIC LANDKNOWLEDGE INTO ACTION: IMPROVE ACCESS AND EQUITY, INNOVATE POLICY, LEVERAGE FUNDING, BUILD LOCAL PARTNERSHIPS AND CAPACITY, AND STRENGTHEN LOW-INCOME COMMUNITIES THROUGH THE POWER OF NATURE AND THE OUTDOORS. | SAN FRANCISCO, CA | $4.5M | 2024 |
| PLANNED PARENTHOOD FEDERATION OF AMERICA INCMEETING THE MOMENT AND WORKING TOWARDS AN EQUITABLE FUTURE THROUGH PATIENT-CENTERED REPRODUCTIVE HEALTH CARE | NEW YORK, NY | $4M | 2024 |
| MIAMI FOUNDATION INCREIMAGINING THE CIVIC COMMONS 3.0 | MIAMI, FL | $3.5M | 2024 |
| NEW SCHOOLHEALTHY AFFORDABLE MATERIALS PROJECT (HAMP) | NEW YORK, NY | $3.4M | 2024 |
| GOODNATION FOUNDATIONA UNIFIED EFFORT TO EXPAND CHARITABLE FUNDING COMMUNITY + RESOURCE CRITICAL NON-PARTISAN PRIORITIES | NEW YORK, NY | $3M | 2024 |
| GRID ALTERNATIVESNATIONAL CLEAN ENERGY WORKFORCE DEVELOPMENT PROGRAM | OAKLAND, CA | $3M | 2024 |
| TIDES FOUNDATIONORGANIZATIONAL HEALTH FUND | SAN FRANCISCO, CA | $3M | 2024 |
| FUND FOR PUBLIC HEALTH IN NEW YORK INCSCHOOL BASED HEALTH CENTER (SBHC) REPRODUCTIVE HEALTH PROJECT (RHP) | NEW YORK, NY | $2.8M | 2024 |
| NEO PHILANTHROPY INCFOUR FREEDOMS FUND AND BLACK MIGRANT POWER FUND | NEW YORK, NY | $2.8M | 2024 |
| EARTHJUSTICELEVERAGING THE POWER OF THE LAW TO BUILD HEALTHY & EQUITABLE COMMUNITIES | SAN FRANCISCO, CA | $2.5M | 2024 |
| NATIONAL LEAGUE OF CITIES INSTITUTE INCCITIES CONNECTING CHILDREN TO NATURE RESILIENTLY | WASHINGTON, DC | $2.5M | 2024 |
| 350ORGACCELERATING THE JUST TRANSITION TO RENEWABLE ENERGY IN THE US | BOSTON, MA | $2.5M | 2024 |
| SOLUTIONS PROJECT INCLET'S CREATE THE FUTURE: CAPACITY BUILDING STRATEGIES FOR CLIMATE JUSTICE SOLUTIONS | OAKLAND, CA | $2.3M | 2024 |
| UNITED STATES ENDOWMENT FOR FORESTRY AND COMMUNITIES INCSUSTAINABLE FORESTRY AND AFRICAN AMERICAN LAND RETENTION PROGRAM | GREENVILLE, SC | $2.3M | 2024 |
| STATE DEMOCRACY DEFENDERS FUNDRAPID RESPONSE COORDINATION HUB | CONCORD, NH | $2.3M | 2024 |
| STATE POWER FUNDBIGGER WE PROJECT VIA STATE POWER FUND | YOUNGSTOWN, OH | $2.1M | 2024 |
| NATIONAL TRUST FOR HISTORIC PRESERVATION IN THE UNITED STATESAFRICAN AMERICAN CULTURAL HERITAGE ACTION FUND | WASHINGTON, DC | $2M | 2024 |
| NDN COLLECTIVE INCSTRENGTHENING INDIGENOUS SELF DETERMINATION | RAPID CITY, SD | $2M | 2024 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGEJPB ENVIRONMENTAL HEALTH FELLOWSHIP PROGRAM COHORT III | CAMBRIDGE, MA | $1.9M | 2024 |
| INSTITUTE FOR SUSTAINABLE COMMUNITIESCULTIVATING ISC AND THE PARTNERSHIP FOR RESILIENT COMMUNITIES LEADERS OF COLOR NETWORK | MONTPELIER, VT | $1.8M | 2024 |
| CHINESE PROGRESSIVE ASSOCIATIONTO SUPPORT THE BLACK FUTURES LAB | SAN FRANCISCO, CA | $1.8M | 2024 |
| SOCIAL AND ENVIRONMENTAL ENTREPRENEURS INCTRANSFORMING SYSTEMS THROUGH COMMUNITY-LED DESIGN | CALABASAS, CA | $1.8M | 2024 |
| FLORIDA RISING TOGETHERGENERAL OPERATING SUPPORT | MIAMI, FL | $1.8M | 2024 |
| CENTER FOR POPULAR DEMOCRACY INCGENERAL OPERATING SUPPORT | BROOKLYN, NY | $1.7M | 2024 |