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Jim And Norma Freeman Foundation is a private trust based in OKLAHOMA CITY, OK. The foundation received its IRS ruling in 2013. The principal officer is James W Freeman. It holds total assets of $2.7M. Annual income is reported at $1.1M. Total assets have grown from $122K in 2012 to $2.3M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Oklahoma. According to available records, Jim And Norma Freeman Foundation has made 16 grants totaling $396K, with a median grant of $25K. Annual giving has grown from $54K in 2020 to $310K in 2022. Individual grants have ranged from $1K to $50K, with an average award of $25K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Oklahoma and Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$26K
Average Grant
$31K
Largest Grant
$50K
Based on 5 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.
Jim And Norma Freeman Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in OK, MD.
Jim And Norma Freeman Foundation has distributed a total of $396K across 16 grants. The median grant size is $25K, with an average of $25K. Individual grants have ranged from $1K to $50K.
Jim And Norma Freeman Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jim And Norma Freeman Foundation is headquartered in OKLAHOMA CITY, OK. While based in OK, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James W Freeman | Chairman | $0 | $0 | N/A |
| Norma J Freeman | Secretary | $0 | $0 | N/A |
Total Giving
$34K
Total Assets
$2.3M
Fair Market Value
$2.5M
Net Worth
$2.3M
Grants Paid
$12K
Contributions
$374K
Net Investment Income
$62K
Distribution Amount
$109K
Total: $1.9M
Total Grants
16
Total Giving
$396K
Average Grant
$25K
Median Grant
$25K
Unique Recipients
4
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Oklahoma Medical Research FndtnFund Medical Research | Oklahoma City, OK | $50K | 2022 |
| Memorial Road Church Of ChristMissions Funding | Edmond, OK | $48K | 2022 |
| Memorial Road ChurchFunding for food distribution for those in need | Edmond, OK | $7K | 2021 |
| Cystic Fibrosis FoundationResearch Funding | Bethesda, MD | $1K | 2020 |
TULSA, OK
ARDMORE, OK
OKLAHOMA CITY, OK