Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The Mark Edward Freitas Foundation Inc. is a private corporation based in PALM BEACH, FL. The foundation received its IRS ruling in 2006. It holds total assets of $14K. Annual income is reported at $1K. Total assets have decreased from $857K in 2011 to $14K in 2024. The foundation is governed by 4 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 2016 to 2024. The foundation primarily funds organizations in Florida, District of Columbia and Connecticut. According to available records, The Mark Edward Freitas Foundation Inc. has made 37 grants totaling $238K, with a median grant of $6K. Annual giving has grown from $25K in 2020 to $50K in 2023. Grantmaking activity was highest in 2021 with $90K distributed across 8 grants. Individual grants have ranged from $250 to $51K, with an average award of $6K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Florida, District of Columbia, Connecticut, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$6K
Average Grant
$11K
Largest Grant
$51K
Based on 8 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.
The Mark Edward Freitas Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in FL, DC, CT.
The Mark Edward Freitas Foundation Inc. has distributed a total of $238K across 37 grants. The median grant size is $6K, with an average of $6K. Individual grants have ranged from $250 to $51K.
The Mark Edward Freitas Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Mark Edward Freitas Foundation Inc. is headquartered in PALM BEACH, FL. While based in FL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul J Pisano | DIRECTOR | $0 | $0 | N/A |
| Mark E Freitas | PRESIDENT | $0 | $0 | N/A |
| Mary Fairbanks Freitas | SECRETARY | $0 | $0 | N/A |
| Anthony J Cernera | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$14K
Fair Market Value
N/A
Net Worth
$14K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
37
Total Giving
$238K
Average Grant
$6K
Median Grant
$6K
Unique Recipients
18
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Palm Beach Police & Fire FoundationGENERAL SUPPORT | Palm Beach, FL | $8K | 2023 |
| Best Buddies International IncGENERAL SUPPORT | Miami, FL | $8K | 2023 |
| The Boys & Girl'S Club Of Palm Beach CountyFUNDS USED TO UNDERWRITE GALA AND YOUTH DINNER | West Palm Beach, FL | $6K | 2023 |
| Preservation Foundation Of Palm BeachGENERAL SUPPORT | Palm Beach, FL | $6K | 2023 |
| Center For Creative EducationGENERAL SUPPORT | Palm Beach, FL | $5K | 2023 |
| Palm Beach Atlantic UniversityGENERAL SUPPORT | West Palm Beach, FL | $5K | 2023 |
| South Florida Science Center & AquariumGENERAL SUPPORT | West Palm Beach, FL | $5K | 2023 |
| Nat King Cole Generation Of HopeGENERAL SUPPORT | Boca Raton, FL | $3K | 2023 |
| Robert F Kennedy Human RightsGENERAL SUPPORT | Washington, DC | $3K | 2023 |
| Town Of Palm Beach United WayFUNDS USED TO SUPPORT LOCAL COMMUNITIES. | Palm Beach, FL | $640 | 2023 |
| Greenwich High School PtaGENERAL SUPPORT | Greenwich, CT | $500 | 2023 |
| Kappa Kappa Gamma FoundationGENERAL SUPPORT | Dublin, OH | $250 | 2023 |
| Palm Beach Civic AssociationFUNDS USED TO UNDERWRITE LUNCHEON TO RAISE FUNDS TO PRESERVE THE HISTORY OF PALM BEACH. | Palm Beach, FL | $8K | 2022 |
| Bounce Back From CancerFOR CANCER RESEARCH | Miami, FL | $3K | 2022 |
| Morselife Health SystemGEENRAL SUPPORT | West Palm Beach, FL | $3K | 2022 |
| Rosarian AcademyTHE FREITAS FAMILY STEM INNOVATION CENTER SPONSORSHIP | West Palm Beach, FL | $51K | 2021 |
| Uconn FoundationGENERAL SUPPORT | Storrs, CT | $6K | 2021 |
| Promise Fund Of FloridaGENERAL SUPPORT | Palm Beach, FL | $5K | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL