//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Malcolm Freeman Charitable Trust is a private trust based in TULSA, OK. The foundation received its IRS ruling in 2017. The principal officer is Carol Abernathy. It holds total assets of $2.7M. Annual income is reported at $600K. The foundation is governed by 1 officer or trustee. 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 2016 to 2023. Funding is distributed across 5 states, including Oklahoma, Kansas, Tennessee. According to available records, Malcolm Freeman Charitable Trust has made 19 grants totaling $610K, with a median grant of $30K. The foundation has distributed between $150K and $245K annually from 2020 to 2022. Individual grants have ranged from $3K to $60K, with an average award of $32K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Oklahoma, Minnesota, Tennessee, which account for 74% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$38K
Average Grant
$36K
Largest Grant
$60K
Based on 6 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.
Malcolm Freeman Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in OK, MN, TN.
Malcolm Freeman Charitable Trust has distributed a total of $610K across 19 grants. The median grant size is $30K, with an average of $32K. Individual grants have ranged from $3K to $60K.
Malcolm Freeman Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Malcolm Freeman Charitable Trust is headquartered in TULSA, OK. While based in OK, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carol Abernathy | TRUSTEE | $60K | $0 | $60K |
Total Giving
$321K
Total Assets
$2.8M
Fair Market Value
$3.4M
Net Worth
$2.8M
Grants Paid
$210K
Contributions
N/A
Net Investment Income
$87K
Distribution Amount
$162K
Total: $2.5M
Total Grants
19
Total Giving
$610K
Average Grant
$32K
Median Grant
$30K
Unique Recipients
6
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietySERVICES AND PUBLICITY | Oklahoma City, OK | $50K | 2022 |
| IntegrisPATIENT NAVIGATION SYSTEM | Miami, OK | $50K | 2022 |
| St Mary'S Colgan Catholic SchoolsSMC HIGH SCHOOL SCIENCE & MATH DEPT | Pittsburg, KS | $20K | 2022 |
| Mayo Clinic CenterIDYR RESEARCH | Rochester, MN | $3K | 2022 |
| St Jude Children'S Research HospitaESOPHAGEAL CANCER RESEARCH | Memphis, TN | $30K | 2021 |
| Duke UniversityGENERAL DONATION | Durham, NC | $60K | 2020 |
TULSA, OK
ARDMORE, OK
OKLAHOMA CITY, OK