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Freeman Foundation Inc. is a private trust based in CLEVELAND, OH. The foundation received its IRS ruling in 2022. The principal officer is Richard B Freeman. It holds total assets of $6.3M. Annual income is reported at $1.8M. Total assets have grown from $2.3M in 2011 to $6.3M in 2024. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2024. According to available records, Freeman Foundation Inc. has made 58 grants totaling $949K, with a median grant of $10K. Annual giving has grown from $59K in 2019 to $400K in 2023. Grantmaking activity was highest in 2022 with $490K distributed across 32 grants. Individual grants have ranged from $2K to $59K, with an average award of $16K. The foundation has supported 30 unique organizations. The foundation primarily supports organizations in Ohio, California, Connecticut, which account for 86% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
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.
Freeman Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 58 grants. Its grantmaking reaches organizations primarily in OH, CA, CT.
Freeman Foundation Inc. has distributed a total of $949K across 58 grants. The median grant size is $10K, with an average of $16K. Individual grants have ranged from $2K to $59K.
Freeman Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Freeman Foundation Inc. is headquartered in CLEVELAND, OH. While based in OH, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Taff Kraatz | TRUSTEE | $0 | $0 | N/A |
| Richard Freeman | OFFICER | $0 | $0 | N/A |
| Ellen Kraatz | OFFICER | $0 | $0 | N/A |
| Aino Wheeler | TRUSTEE | $0 | $0 | N/A |
| Rita Bigham | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$6.3M
Fair Market Value
N/A
Net Worth
$6.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
58
Total Giving
$949K
Average Grant
$16K
Median Grant
$10K
Unique Recipients
30
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Animal Protection LeagueOPERATING EXPENSES | Cleveland, OH | $10K | 2023 |
| Cleveland Clinic - Hni InovationsOPERATING EXPENSES | Cleveland, OH | $50K | 2023 |
| Case Western Reserve UniversityOPERATING EXPENSES | Cleveland, OH | $50K | 2023 |
| Cleveland Metroparks ZooOPERATING EXPENSES | Cleveland, OH | $40K | 2023 |
| Rock It OutOPERATING EXPENSES | Lakewood, OH | $30K | 2023 |
| Community Catalyst PartnersOPERATING EXPENSES | Woodstock, CT | $30K | 2023 |
| Cleveland Food BankOPERATING EXPENSES | Cleveland, OH | $25K | 2023 |
| Colors PlusOPERATING EXPENSES | Fairview Park, OH | $20K | 2023 |
| Magnolia ClubhouseOPERATING EXPENSES | Cleveland, OH | $15K | 2023 |
| Environment HealthOPERATING EXPENSES | Cleveland, OH | $10K | 2023 |
| First TeeOPERATING EXPENSES | Newburgh Heights, OH | $10K | 2023 |
| Legal Aid Of ClevelandOPERATING EXPENSES | Cleveland, OH | $10K | 2023 |
| Pals For HealingOPERATING EXPENSES | Independence, OH | $10K | 2023 |
| Starting PointOPERATING EXPENSES | Cleveland, OH | $10K | 2023 |
| The Marshal ProjectOPERATING EXPENSES | New York, NY | $10K | 2023 |
| University Of Michigan ScholarshipOPERATING EXPENSES | Ann Arbor, MI | $10K | 2023 |
| Edwins FoundationOPERATING EXPENSES | Cleveland, OH | $10K | 2023 |
| IdeastreamOPERATING EXPENSES | Clevealand, OH | $10K | 2023 |
| Canopy ChildOPERATING EXPENSES | Cleveland, OH | $10K | 2023 |
| Carolina PoodleOPERATING EXPENSES | Pacolet, SC | $10K | 2023 |
| Marilyn'S VoiceOPERATING EXPENSES | Mentor, OH | $5K | 2023 |
| Cleveland Public TheatreOPERATING EXPENSES | Cleveland, OH | $5K | 2023 |
| Franklin Circle Christian ChurchOPERATING EXPENSES | Cleveland, OH | $5K | 2023 |
| Project CietjOPERATING EXPENSES | New York, NY | $3K | 2023 |
| Eastford ChurchOPERATING EXPENSES | Eastford, CT | $2K | 2023 |
| Carolyn I Farrell FoundationOPERATING EXPENSES | Westlake, OH | $20K | 2022 |
| Refugee ResponseOPERATING EXPENSES | Cleveland, OH | $15K | 2022 |
| Preterm ClevelandOPERATING EXPENSES | Cleveland, OH | $10K | 2022 |
| Ccf Lgptq CareOPERATING EXPENSES | Cleveland, OH | $10K | 2022 |